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Premine says enough about the whole thing.
Premine is just the beginning, emissions schedule is what actually buries you.
The chart structure is just reflecting the yield reality, when staking returns keep compressing and there's still no sticky DeFi TVL pulling demand, the sell pressure has nowhere to hide.
Ugh every single time i step away 😭
No stop, no plan.
Wednesday buy hits regardless.
Still waiting on a working smart contract layer that doesn't feel like it was designed by a committee in 2019.
ADA was always going to struggle finding a real floor when there's no meaningful activity pulling people back in.
Still years out, unbothered
That lower wick on the daily got swallowed pretty clean, no real fight from buyers there?
ADA's yield options are still pretty thin compared to other L1s, so a dip like this doesn't pull in the yield farmers who'd naturally buy the bottom.