Congrats to Jade Protocol on being the best performing loser last week!

in #jade3 years ago

It sounds stupid, but it is the truth! Jade Protocol was the best performing loser in the OHM fork experiment last week. It has only been running for one week and it has truly been a very red week in the market, especially for the OHM forks and lots of other projects producing passive income. Somehow, people get afraid as the market drops, and the first thing they sell are tokens they do not really trust, meaning that they sell their passive income tokens. I can somehow understand that!

But, that also means that there are for sure some whales around really buying a lot now, making sure that they will do even better the next time these tokens will boom. But, will they? These OHM forks are all just producing new tokens, making the rich richer, and thus, I have a hard time seeing that these projects will actually increase a lot in price in the coming days, months, and years. The truth is, I expect them to keep dropping, but because of the amazing APY, those who are part of the game, will still be in a plus after a while, simply because the inflation of tokens will give them a better standing. And in fact, that is part of the concept of it all.

Would you like to see the results from the first week and learn more about the other projects that also dropped in value, whereof FortressDAO lost more than any other? You can find the full information about the experiment and the results right here: https://www.ipaddressguide.org/jade-vs-time-vs-spa-vs-fort-vs-gyro-vs-sb-vs-hec-vs-papa-vs-klima-vs-wagmi-vs-tac-which-is-the-best-project-where-to-invest-background-information-and-a-real-time-experiment/

Thank you for reading!

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