ANT Token - Price & Trading topic

0,1053254126

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That’s a pretty precise number but there is no unit to it Oo

I like that move =D

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Warm with a chance of scattered thunderstorms. Mostly clear skies ahead.

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Especially when there’s so little clarity over the release schedule. We’ve had too many numbers for different things, some of which were then changed while others were not , and no one place to go and check them.

It doesn’t affect me personally much but I’d still like to know. That “full timers” on this topic don’t know seems ridiculous.

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With little liquidity or buy pressure, it’ll go as low as any big players wants to dump it short term.

If it drops much below $0.10 though I expect it won’t stay there for long & buyers will emerge.

But I expect the majority of NFT holders will be waiting for far higher prices given the time they’ve waited since buying shares / working on the project!

Medium term it looks great. Even getting into the top 50 crypto assets (easily deserved assuming the network doest break & useful apps emerge from a growing dev community) would mean a $2.8bn market cap and $4.6 per ANT at 600m supply (roughly estimating possible circulating supply in e.g. 1 year from now).

Many variables, but a utility token for a project of this quality & potential seems like an absolute gem at these prices.

Risk is rapidly reducing, but price hasn’t reacted yet.

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If we don’t get back into the top ten and in top ten mentality, the project has failed IMHO. 2.8B is for suckers and losers. People have backed this project for a decade or two and have done so on the (rightful) belief that this is the single most ambitious project in this space. Is the single most ambitious project in this space—now proven to work—worth a paltry 2.8B, a 36B memecoin, a 90B rehash of Ethereum or something more? It’s honestly top 5, all day long. It’s time to prove it and stop acting like we are somehow in competition with 10,000 shitcoins. We need to get to native and be ruthless about it.

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I think top 10 will come… possibly even #1 if the network becomes used by billions of people daily.

Facebook has 2.1bn daily users, with the network-effect benefits going to Meta’s employees, shareholders & advertisers.

Autonomi based apps could capture network effects from multiple social media platforms (Facebook, WhatsApp, YouTube, Instagram etc) and the benefits stay with the users & node operators. Users would get a better, personal user experience, knowing nobody is siphoning off value.

Then there’s data backup & publishing demand, and all the unpredictable stuff that’ll be possible with this new paradigm.

If this bull case plays out & billions of people a day use & contribuilte to the network, with a democratised-network effect that it’s better to join than try to beat, I could see value way ahead of Bitcoin’s current market cap.

But, the network is only just out of the gate & starting to be proven at scale for the first time. There are no apps on the Android or iOS app stores users can download to use the network. There are no integrations. There are risks and uncertainties that mean it may not get anywhere close to the above scenario.

So, the potential is astronomical, but there’s a long way to go.

Patience is good, as is the encouragement of those building the infrastructure, apps, and concepts that will allow the network to take flight… frustration is understandable, but it won’t make happen faster.

2bn market cap is an essential place on the path to 2tn plus… but we need $200m first :slight_smile:

Try to enjoy the journey, contribute towards the goals & cheer along the builders rather than stressing about not being there yet :slight_smile:

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This is what chatgpt things about today:
_-------
Cost Basis of Shareholders’ ANT Tokens

Maidsafe shareholders will receive a total of 214,748,365 ANT tokens, with the first 50% (approximately 107 million ANT) unlocking on May 11, 2025. The second tranche will unlock on August 11, 2025. Shareholders will receive an NFT certificate, which they can use to redeem their tokens at a time of their choosing.

In community discussions, there have been estimates regarding the average cost basis of shareholders. For example, one user mentioned that their investment through the BnkToTheFuture platform is currently at a loss of approximately 62%. This suggests that many shareholders may be in the red at the current ANT token price (~$0.11 USD).


:chart_decreasing: Potential Market Impact

If a large portion of shareholders decides to redeem and sell their tokens immediately after the unlock, the market could face significant selling pressure. However, since shareholders can choose when to redeem, this pressure may be distributed over a longer period.

Additionally, because many shareholders are potentially at a loss at the current price, they may decide to wait for better market conditions before selling. This could reduce immediate selling pressure.

Relax guys, we’ve only got to the “Capitulation” phase..

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Well yeah, honestly, if shareholders dump today, I think it’s the best thing that can happen for the long term health of the price. Until they capitulate, too many coins are in the hands of few. which is going to massively hold the price back when in an uptrend. capitulation is a good thing.

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lol :sweat_smile: the “long term” era was 200 years ago.. when the project started.

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Actually it doesn’t really matter, does it? The total emission per day will remain the same whether 1M nodes is online or 1000. With many nodes, think the proportion who want to hold will also increase as most might run it on their spare resources and want to wait, versus people running servers that cost money to operate in the cloud.

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Hold your horses! Dump on Monday instead!

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So evrey 3 months dump Monday for next 9 moths ?

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AFAIK Only 2 dumps :sweat_smile:

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Maybe not fully accurate, but it is fun to see how ChatGPT promotes the bullish case for ANT

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With the great unlock it seems some folk expect dumping. Why? Just why would anyone dump at (starting at) 10c. It seems incomprehensible to me.

But crazier things have happened.

Nonetheless lets see who gets it right.

  • Dump
  • No Dump
0 voters
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Well considering some have sold in expectation in a big dump so they can buy back cheaper, then I’d say that answers your question. Some have put their money into that belief

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I think we need to disqualify paper hands pre dumping a dump that may not occur providing a false dump illusion :sweat_smile:

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Perfect inverted head and shoulders pattern forming.

I hope they don’t end up having there bags if they sold in anticipation of a dump : :disappointed_face:

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