One concerning aspect is the high fully diluted valuation (FDV) of 7.9B at current prices.Not including early VC token selling rounds will eliminate large amounts of sell pressure in the future. The basic tokenomics of OP are “A grade” compared to competitors.
The low percentage of tokens on the market will translate into high price volatility, especially if the market begins to FOMO early on. Only 5.85% of OP tokens are in circulation.Airdrops (OP token releases) awarded to network participants/protocols.Unlike many recent token releases, OP had no venture capital rounds, meaning no entities purchasing tokens pennies on the dollar.There's a lot to like about OP tokenomics: No, unfortunately I did not receive the airdrop.Įstimated Circulating supply after Airdrop 1: 251M (5.85%)ģ0% unlocked -> 100% in four years. r/CryptoCurrencyMemes r/CryptoCurrency_Tech r/CryptoMarkets r/CryptoRecruiting r/Best_of_Crypto r/BitcoinMarkets r/BitcoinMining r/CryptoTrade r/Ethfinance r/EthTrader r/Jobs4Crypto r/Liberland r/NFT r/OpenBazaar r/GPUminingįirst off. Mastering Ethereum (Open Source book) Exchanges IBM's ZeroToBlockchain (Free learning resources) See our Expanded Rules page for more detailsĬoinMarketCap (Cryptocurrency market cap info)ġ0k.pizza (Portfolio tracking.See our Expanded Rules page for more details about this rule.This includes "PM for referral", asking for referral codes or links, and linking to sites used solely for referral links. Rule #2.10 - Posting referral, promo links, or codes of any kind is strictly prohibited and will be met with a long-term or permanent ban.See our Expanded Rules wiki page for more details about this rule.If you meet our requirements and want custom flair, click here. Please make quality contributions and follow the rules for posting. This subreddit is intended for open discussions on all subjects related to emerging crypto-currencies or crypto-assets. From there, you can easily trade your purchased crypto on the wide variety of products and services available on the Binance Platform.Be nice to each other! r/CryptoCurrency is a welcoming place for all people and all cryptocurrencies. Once the purchase is completed with Binance, your newly acquired crypto will be deposited directly into your Binance account, a safe and straightforward method to manage your crypto assets. As of now, Ethereum is trading at $1860.68, experiencing a -0.48% change in price over the last 24 hours.
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