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Tomo
Tomo@d_de13·
Here are 5 short and real reasons, takeaways, why the price of Qubic tokens may drop even though the project is “working at its best”: 1. Supply > demand If more people are selling than buying, the price goes down regardless of the quality of the project.
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Tomo
Tomo@d_de13·
2. Lack of hype / marketing Technology itself does not drive the price up — the market often reacts to hype, news, and visibility.
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Tomo
Tomo@d_de13·
3. General state of the crypto market If the entire market is falling (e.g. Bitcoin is dragging everything down), most altcoins are falling along with it.
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Tomo
Tomo@d_de13·
4. Early stage of the project If Qubic is still in development, investors often wait for concrete results before investing more.
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Tomo
Tomo@d_de13·
5. Impatient investors (selling pressure) People who bought early take profits or exit because there is no rapid growth → additional pressure on the price. Qubic💎💣🥇💟🍀
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GGcap
GGcap@ggcryptoI·
@d_de13 Early Days!Right now at ~0.1% DOGE hashrate, the mechanism is working but too small to overcome emissions + selling pressure. It probably needs at least 10%+ (100+ TH/s) for the DOGE flywheel to make QUBIC reliably deflationary most epochs. Patience!😉
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