VIKTOR

Why is $VVV only buying back $200k a month if they are going to have $100M+ yearly revenue?

May 20

$VVV is a good example to see how the sheer ROI of a coin pump is less relevant to call a top on it than the trading volume. Despite being now up more than 10x from bottom (which is probably the best performance YTD for a non-scam coin), there are no "strong" sign of VVV being topped. The largest volume day was just a bit more than $500M, which is quite limited and suggests that we're far from saturation in terms of attention or inflows. Obviously, you have to be aware that most coins top wit

Apr 28

@ErikVoorhees You mean that thing where the equity holders accrue the value, or is this model different?

May 20

@AviFelman Only $HYPE does genuinely drive value to its token $VVV has the usual token<>equity conflict and $TON is sold to make Telegram money

May 21

@ErikVoorhees So it's the same token<>equity conflict model as usual, fair enough

May 20

@AskVenice $1 burn per new subscription? wtf Better not to have a buyback & burn mechanism than having such a ridiculously small one

Apr 16