‘Existential’ token problem seen as supply outpaces value creation: Blockworks exec
Burns Brief
Blockworks' Michael Ippolito sees surge in token supply diluting returns, breaking the link between fundamentals and price while raising concerns about crypto’s long-term model Market participants are carefully weighing the implications, with the outcome likely to depend on broader macro conditions and volume. Watch $LINK for reaction — a decisive move above or below key levels will confirm the next trend.
Blockworks' Michael Ippolito sees surge in token supply diluting returns, breaking the link between fundamentals and price while raising concerns about crypto’s long-term model.
Key Takeaways
- Blockworks' Michael Ippolito sees surge in token supply diluting returns, breaking the link between fundamentals and price while raising concerns about crypto’s long-term model