ARe you paying attention to our rebase token experiment in the IP Address Guide? I hope you are, because it is extremely interesting and because it will give you updates every single week showing the progress of the different tokens included.
I know, months ago OlympusDAO and Wonderland were the big things and they were extremely hyped. OlympusDAO had a trading volume that made it be the most traded token on Uniswap every single day. But, things have changed, and it is no longer like that. But, what is going on? Are there any great rebase tokens still available? Do the projects have a future or not?
The results from the last seven days of our rebase token experiment
If you want to see what has happened with the different tokens in the last seven days, take a look at the following article: https://www.ipaddressguide.org/hectorfinance-was-the-biggest-gainer-last-week-while-wonderland-was-the-biggest-loser/
Hector Finance takes a lead!
Hector Finance has now managed to do two weeks in a row with a positive result. That is great, because often we have seen an increase one week, followed by a giant loss the next week. But, two positive weeks in a row might tell us that something is about to happen and that some positive forces and buying power is entering the market. That would be great.
Unfortunately, the negative spiral took all the rebase tokens down at the same time, so even those with legit teams and great devs suffered, even though they were not to be blamed for the problems themselves.
But, if the bottom has been hit, people are now better able to see the difference between the great and the poor, and thus, those with an actual use case and great teams and devs will soon flourish, while the rest will disappear.
But, which are the tokens that will disappear? And which tokens will flourish? What do you think?