Cryptocurrencies require an even distribution of sellers and buyers to create a healthy, liquid market.
However, many currencies have an insufficient number of buyers, and therefore rapidly fall into a frozen state for which it is very hard to reverse.
18
3
1
“Nice cartoon Ian Foley, we as exchange see this from backend in details. Lot of alt coins became non liquid. I personally think that founders should pay more attention to better engagement of communities.”
Web3 Architect | CTO@Chateau Capital | Cryptographer | International Speaker | Advisor to Web3 and Gaming projects | Advisor to IBM Columbia Blockchain Accelerator
“Just like any market economy you need buyers or it doesn’t work. Equilibrium!!!”
