RE: RE: HIVE Listed At #59 On Coingecko
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RE: HIVE Listed At #59 On Coingecko

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7y

There is roughly 83 million Hive in the dao. Burning it would reduce our market cap by $16.6 million to $52.4 million, which would put us in line with steem. Something to think about. Actually, we should stop burning coins in the null account and start moving them to an account without transfer rights that no one can access. Every time we burn tokens our market cap decreases. In theory this should be offset by an increase in price but we might get the best of both worlds if we do it this other way.