With the Mcontent PinkSale underway, the token is once again hitting all-time highs. At this point, Mcontent is now just a few paces away from overtaking Saitama’s price in the crypto world. Reaching this milestone will showcase the third popular token unseated by Mcontent within the last 30 days.
We have talked a lot about token circulation on this blog and what it means regarding price movement. There’s no better example of token circulation being the health of a token than what we are seeing play out right now.
Tokens with large circulation can make it with a clever burn protocol attached to their project. Some people call them hyper burns and others label them active burns. However, they are just smart burns that help to improve tokenomics. Developers must design projects with solid burn foundations that do not necessarily depend on other tokens to stimulate the burn action.
While many investors are eagerly awaiting the price movement of Mcontent to continue, some of us are taking notes. At some point, we will see different branches of cryptology due to tokens like Mcontent. These tokens could very well end up in a curriculum near you. In my opinion, Mcontent will be in future case studies defining how altcoins can move and rise above certain price ranges. Mcontent is going to be very important to the world of crypto.
As always, I am not a financial advisor. Stay safe out in the crypto world.