How many tokens is considered a whale?
I want to know how many tokens someone needs to hold to be considered a 'whale'. I'm curious about the threshold or criteria that defines a whale in the crypto world.
Why is LUNA considered a deflationary token?
LUNA is considered a deflationary token primarily due to its burning mechanism, which removes tokens from the circulating supply, decreasing the total number of tokens available. This process is designed to increase the scarcity of LUNA, potentially driving up its value. Additionally, LUNA's economic model incentives hodling and staking, further reducing the circulating supply and contributing to its deflationary characteristics.
Was Fred Astaire considered a good singer?
I'm curious about Fred Astaire's singing abilities. Was he known as a good singer in addition to his dancing skills, or was singing not his forte?
What is considered a small market cap?
I'm trying to understand what is typically regarded as a small market cap for a company. I want to know the general range or threshold that defines a 'small' market capitalization.
What is considered a low market cap crypto?
A low market cap crypto is typically considered to be a cryptocurrency with a relatively small total value. This value is calculated by multiplying the current price of the crypto by its circulating supply. Low market cap cryptos may offer higher potential returns due to their volatility, but also carry higher risks as they are more susceptible to market fluctuations.