What fate for POSH?

in voilk •  3 months ago

    $POSH has been flying at low altitude for some time, especially after the end of the airdrop of $ZING, the token launched by @holozing, a game that will soon be released on Hive. During the airdrop, the token experienced a period of great appreciation from the public because it had an important use case, guaranteeing a daily percentage of $ZING proportional to the POSH owned.

    Immediately after the end of the airdrop, already widely announced by the team since the first announcement, there was no longer an interesting use case or perspective that encouraged investors to hold the token, much less encourage them to buy anything else from the token. market. Sentiment is very important for users because if they don't perceive an advantage in the short term then they get bored and immediately liquidate their positions.

    It was previously announced by @acidyo that other projects would probably be launched in the future, another one would be certain and we should be able to have some details in the next few months. So holding $POSH could still be an advantage and the price these days is a great entry point.

    In my opinion, however, we should think about using $POSh more frequently to encourage users to better appreciate the token. Therefore not only a utility in certain circumstances or periods or limited to some projects financed by @poshtoken, but to create a circuit of continuous use, avoiding devaluations or overvaluations in certain periods of the year.

    Screenshot_2024-04-12-09-24-45-626-edit_com.mobilekeychain.jpg


    In fact, $POSH is reaching historical minimum values in these days, 0.02 HIVE (around $0.07) while during the ZING airdrop the average value was 0.2/0.3 HIVE, so a significant devaluation, even too much, also creating a negative feeling from the community.

    I continue, at my own risk, to keep my tokens, I am always confident in the future of the project, above all I trust in the users who created it and who continue to build behind the scenes. Only the future will be able to tell me if I was wrong or not.

    Posted Using InLeo Alpha

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