Auto is an interesting token due to its rarity and deflationary tokenomics, but extremely risky. It currently acts as a highly speculative asset. If you believe AutoFarm can recover, $AUTO it is a high-risk–high-reward bet. It is not recommended as a primary investment, but it can be part of a diversified portfolio oriented towards DeFi.
📈 CAN AUTO (AUTO) GO UP?
1. Reasons why it COULD go up
Ultra limited supply
Only ~80,000 tokens exist. This is extremely low. If interest returns, the price can rise quickly.
Deflationary model
The protocol's fees are used to repurchase and burn $AUTO . This reduces the supply over time.
High price history
The token has already reached over $8,000 USD. If the protocol is reactivated or there is speculation, there may be a bounce.