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Author Topic: Coins rising back from the dead?  (Read 470 times)
markm
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July 03, 2025, 09:51:56 PM
Merited by d5000 (2)
 #41

I too feel like DMD never did die, but as pointed out earlier it did decline very massively in price.

So massively that I just accumulated more master-nodes rather than living off of the rewards during that period.

But I am thinking ahead too to the possibility that some might imagine DMDv3 to have "died" once DMDv4 comes out, and pointing out that like various classic coins before it that possibility of having been thought by some to have died is where the Galactic Milieu comes in, since if you look at money as IOUs the prospect that a "civilisation" whose coin it "is" could at last "redeem" massive numbers of its "IOUs" ought to be regarded as a good thing.

DMDv3 still continuing to exist after one has claimed one's corresponding v4 coins is a great opportunity for the game, a time when it can adopt a coin wholesale to be henceforth a game coin for use in the game.

Maybe if DASH was a whole lot cheaper, and had already been of use in the game, it "dying" would be nice too, but DASH is not one of the coins lucky enough to have become part of the Milieu so unless a whole bunch of its holders see fit to raise a good "treasury" for it in the Milieu it seems very unlikely that it will be similarly adopted.

It is true that there was a time when the Milieu was quite active in adopting classic antique coins but DASH never made the cut really once the total number of coins "out there" flew past 3000 onward to 30000 and beyond it became clear that there are just too too many dying and even designed from the outset to die coins "out there" that the small window of time to think about salvaging some of them is pretty much long gone by now.

DMD will be a platform for tokens too though so among its merits is also the possibility of using it as a platform in addition to the HORIZON and Stellar platforms we already use.

Already too though it is being realised that long term we are going to need to be supporting Stellar itself too, I doubt one can really rely upon the token platforms to magically support themselves, over the decades I do expect tokens relying upon them are ultimately going to need to be building the various buy-sides on the various venues where the platform coin itself is traded to prevent long term decay of the values of all their tokens as the platform's native token decays in value over the decades.

To that end I some time back started working on the BTC/XLM pair the same way I work on other pairs, and have already been seeing that it works just like the other pairs I apply the strategy too, meaning accumulating an ever-growing hoard of in this case XLM with which to build the XLM buy-sides of my various XLM/token pairs on Stellar...

This of course means it all ultimately rests upon bitcoin, but we all already know that anyway, right? Smiley


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eb66
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July 03, 2025, 10:02:42 PM
 #42

Won't SOLANA be the perfect example for this? Solana lost most of its value years ago but now we see it being considered as one of the biggest cryptocurrencies last year extending to this year. It is possible yes but not all the time this happens. You will be lucky to have kept holding on to a coin that has long ago declined.

Have to agree re: Solana, since many other projects are building on top of it now.

In an adjacent category, Tether escaping from all FUD to be in the top 20 list of UST holders is ... impressive.
pawanjain
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July 04, 2025, 02:25:57 PM
 #43

There are coins out there with low liquidity considered almost dead but stil present on exchanges.
Some people use such coins for pump and dump schemes and advertise it as if the coin is in revival phase.
There are also other coins like FUN token which are near dead because of very low price although still active.
Coming LUNA and FTT I don't think they will be up ever again.

Pump and dump schemes are the usual behavior within the crypto "graveyard". But seeing a coin experience a resurgence in development? That would be an oddity these days. Usually, developers do a rebranding of the project instead of continuing with the original name. All to give a "fresh look" towards investors and traders alike. For coins that are about to die (such as DASH and BSV), it's best to move onto newer ones to avoid turning into a bagholder in the long run. Assuming you're heavily investment in them.

If there's only one coin that's guaranteed to survive, that would be Bitcoin. The rest are just a gamble. Most people are greedy, so they will continue to buy forgotten coins such as LUNC and FTT with the hopes of striking it rich soon. Don't make the same mistake. You'll thank me later. Grin

You're right. We don't see that much these days. I remember ETHLend was rebranded to AAVE back in 2018 and is quite successful today as well.
I was lucky to get an airdrop back then but thats not happening these days. I don't hold any of those coins today though.
I am just holding BTC and one more altcoin but that's just it. I guess we are better off with BTC alone. Alts are risky as hell.

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