$DOT: LOWEST prices in 5 years, DEATH-SPIRALLING?

[lingriiddd]

DOT
has started going into a DOWNSPIRAL due to poor adoption and terrible tokenomics.

The lowest prices since its launch in the previous crypto cycle, what else to add?

This project has built-in inflation of 8%+, daily emmissions of roughly 330k tokens, freshly minted, entering circulation every day.

Nobody wants it, nobody needs it, that's the realest truth, and I know how many die-hard fans and holders it's got. This coin should not be valued in billions ($4.7B market-cap).

Too late for this wreck to do anything, it's destined for sub-dollar prices in the coming years.

In Q4, even if it gets lucky and ends up rallying a bit due to a wider market run... I see no coming back, and nothing positive to say about the DAILY chart, either.

Very weak bounce, below all lows and support levels, that's just illustrates clearly how bad the fundamentals are for this project this year.