🙄Here's the wild part: that's literally just 0.4% of total supply/market cap. The reason? Devs created a weird 80/20 Switch/TON pool on STON.fi instead of the standard 50/50 ratio. This makes the token insanely volatile - even tiny sells cause massive price swings.
I predicted it would hit $15M market cap by June 9th... well, we're already there! 😅 At this rate, could easily see $1M market cap if they don't fix that liquidity structure.
Remember: users are sitting on 50% of the airdrop supply, fully unlocking June 9th. With the Dutch auction system, some are already dumping early. Expecting 20-30% to get sold minimum.
Part of me wonders if #pocketfi planned this - crash the price then scoop it up cheap? 🤔 Planning to start hunting for entry points around June 3rd and add liquidity to that Switch/$TON pool for the long haul on STON fi
The farming rewards are still 300-600% APR with 15 days left - might be worth the risk!
Think we'll see $1M market cap or is this the bottom?