$HYPE was the proof-of-concept for the deflationary token model. Every ICM project is adopting it, rightfully so. Deflationary tokenomics and powerful token flywheels driven by successful products with revenue, users, and partnerships are the way. In other words, for the first time in crypto, an entire sector (ICM) is building projects with SOUND AND SUSTAINABLE TOKENOMICS. This entire sector is set to go up only from here because they don't rely on speculation alone (although they will benefit from it). Rather, prices are driven by forces outside of crypto. For now, the PA these tokens are subject to what Solana degens think of them. Soon, that story will change completely.
Show original
The content on this page is provided by third parties. Unless otherwise stated, OKX is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.