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SafeMoon Burn Report - Day 31
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Upon my daily Reddit browsing, I came across this post which I found quite interesting. Shoutout to u/Material_Rich9906 for putting this together.

https://www.reddit.com/r/SafeMoon/comments/nn7swi/reflections_report_day_2/

I think it really shows the change we are gonna see when the devs work together with the exchanges to implement tokenomics v1.5-v2.

The low amount of tokens we are seeing being burned right now is not very shocking to me. A lot of the people are holding, which is very good! But if we want burns, we also need more volume. If the majority is holding without buying or selling more we are not going to be burning that much.

I would love to get updates on tokenomics, but sadly no AMA today. It feels very weird not having your weekly AMA to watch.

I feel something is going to happen soon, and I hope the business trips turn out to something good.

I also like the small teases John is adding to his Instagram.

https://www.reddit.com/r/SafeMoon/comments/nnyy0a/safemoon_listing_on_cryptocom/

That is what I have for today, so let's move on.

Until next time!

Here are the daily stats and charts

  • Burned total: 417.1708 T ( 0.013% ⬆️ )
  • Burned last 24h: 55.90 B ( -6.8% ⬇️ )
  • Wallet reflection 24h: 0.0134% ( -6.8% ⬇️ )
  • Reflection per million: 134 Safemoon ( -6.8% ⬇️ )
  • Reflection to holders for holding throughout May: 1.3851%
  • Reflection 24 hours 7 day average: 0.026% ( -4.6% ⬇️ )
  • Reflection 24 hours 30 day average: 0.045% ( -1.9% ⬇️ )
  • Prediction for burned at the end of 2021: 456.61 T

Burn Report May 30th, 2021

Burned 24h all time (Billion)

Burned Vs Supply (Trillion)

Link to the last report:

https://www.reddit.com/r/SafeMoon/comments/nnnfoi/safemoon_burn_report_day_30/

Link to the spreadsheet:

https://docs.google.com/spreadsheets/d/1yYYzBam98x8aaVQTELWq0DHl40kmzalBXGPxIp70aVg/e

Comments
[not loaded or deleted]

So then in theory we should all be day trading some portion of our wallets? Buy low sell high so those tokens get burned.

[not loaded or deleted]

Yea but that's the while purpose of all of this. If you buy low enough and sell high enough you will still come out on top.

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3 years ago