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#雪球 $雪球
Big Bro has been giving thumbs up to Xueqiu twice in the past few days. After Binance, who will take up the banner for Chinese coins? I believe Binance is also pondering this question. Market sentiment is temporary; only a structural change in the infinite deflation mechanism can provide long-term value expectations, and Xueqiu has that. Once it hits the secondary market, trading volume will skyrocket, and the trading tax will accumulate a massive amount of Binance Coin. Based on the price fluctuations of these tokens, we can estimate a conservative trading volume of over 3 billion USD in a year, which means the trading tax will reach 100 million USD. This 100 million USD will be used entirely for buybacks and token burns of Xueqiu. Once Xueqiu tokens are burned, with 100 million USD propping up the pool, the circulating supply of Xueqiu will drop to about 400 million after a year. Thus, the anchor support price for each circulating Xueqiu would be 100 million / 400 million = 0.25 USD. However, the market price often exceeds the support price by several times or even dozens of times. I'm taking the liberty to DM the big shots because our community's power is too small. I hope to gain the attention of friends and spread this information. Let's hope more capable friends can understand Xueqiu and work together to build it into a great future Chinese token, both in futures and spot trading!
Big Bro has been giving thumbs up to Xueqiu twice in the past few days. After Binance, who will take up the banner for Chinese coins? I believe Binance is also pondering this question. Market sentiment is temporary; only a structural change in the infinite deflation mechanism can provide long-term value expectations, and Xueqiu has that. Once it hits the secondary market, trading volume will skyrocket, and the trading tax will accumulate a massive amount of Binance Coin. Based on the price fluctuations of these tokens, we can estimate a conservative trading volume of over 3 billion USD in a year, which means the trading tax will reach 100 million USD. This 100 million USD will be used entirely for buybacks and token burns of Xueqiu. Once Xueqiu tokens are burned, with 100 million USD propping up the pool, the circulating supply of Xueqiu will drop to about 400 million after a year. Thus, the anchor support price for each circulating Xueqiu would be 100 million / 400 million = 0.25 USD. However, the market price often exceeds the support price by several times or even dozens of times. I'm taking the liberty to DM the big shots because our community's power is too small. I hope to gain the attention of friends and spread this information. Let's hope more capable friends can understand Xueqiu and work together to build it into a great future Chinese token, both in futures and spot trading!
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