it seems we can find a new bottom. If this happens, it will be a complete capitulation. Be prepared mentally and psychologically. This scenario may not come true... In any case, the bottom of the market is close. Stay strong, frens.
thanks, so you reckon 1.893 would be the bottom, what would you say the top would be
Tropnik
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@sholathepresident, I'm not ready to answer now because there's still too much time until the next bull cycle... but I would look at RMRK capitalization between 1 and 3 billion
sholathepresident
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@hash414, my projections for the market cap were around 600mill - 1 bill, so there's some correlation, just curious why are you bullish on RMRK
Tropnik
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@sholathepresident, Just three letters - NFT. Utility vectors are very wide. Also, RMRK will be used in Skybreach metaverse. So... If you are interested in crypto, then you understand what an influx of users and investments this can cause =]
Tropnik
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@sholathepresident, RMRK is the most advanced NFT system in the world, adding eternal liquidity and multi chain forward compatibility to all NFT projects coming out. An NFT can now be reused by any future project on any chain without official partnerships between the project creators.
RMRK is the native utility token that is used for:
- Currency in the Skybreach metaverse [governance, staking] - Preventing fungible token spam - Using RMRK tokens to mint, trade, and generally interact with the NFTs in ecosystem
RMRK tools include:
- RMRK tools to interact with NFTs on the command line and in web apps - RMRK spec to write your own implementation - RMRK pinning tools to pin for IPFS and regularly clean outdated pins from services like Pinata - A standalone, embeddable renderer for RMRK2 composable NFTs
sholathepresident
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@hash414, well said, very bullish on this token as well