Tropnik

GLMR. Extremely bad tokenomics.

BINANCE:GLMRUSD   GLMR
From the point of view of technology, the creation of EVM smart contracts for polkadot parachain is a promising move. But, look at the tokenomics and the asset price. For $100 you will buy 280 GLMR with a total of 1 billion tokens and 460 million in circulation. It makes no sense. In terms of TA, this asset can reach $3.91, but in my opinion this is probably only at the peak of the bull market. Unfortunately for GLMR holders. All tokens are in the hands of the whales.
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