One word, yes.
But the chance to skyrocket is not now.
Why?
- The major popularity is still in NFT. Don't think that NFT is not popular just because you haven't studied the market. That's only because you are not rich! ! !
If money is not in this section, isn't it stupid to go against the trend?
- The defi section may detonate the bull market at the end of the year because dyxy is still rising. Why is it not NFT market? because nfts are mostly on Ethereum chain. A lot of people don’t know about other chains; and secondly, nft craze has already shown up in May, and it needs to wait for the next round, at least until everyone can understand differences between major chain networks.
- Whether lowb can be successful or not depends on its predecessor DOGE and SHIBA. Since SHIBA can get onboarded to coinbase, it shows that meme is not a flash in the pan, but a new world that has not been fully explored yet. There are other coins in this meme competition as well: Titan/Babydoge/ Shiba-related coins/orangutans-related coins, etc. In this meme world. Lowb is just one of them; we should wait for a take-off event to happen.
- Although staking can cause the price of coins to drop slowly, the number of coins in circulation will be correspondingly higher. When it is fully circulated, lowb will become more and more scarce as the time goes by. HODL is the key word now. By the way, some members in the community opposed to mining, due to the fact that mining makes the price of coins to drop. I understand that this is uncomfortable to some people, but this is a process to slowly release the coins (just like Bitcoin also has an inflation rate, even though it is very low). Let's avoid changing the rules too quickly. From the perspective of collective interests, changing rules too quickly is something the community does not want to see.
--- Translated from http://losercointalk.org/thread?topicId=1822
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