Deso (Decentralized social) is the first layer-1 blockchain built from the ground up to decentralize social media and scale storage-heavy apps to billions of users.
Is anyone invested or even heard of Deso? Current price is $18.40 and only has a market cap of $165m plus the total supply is only 10.8million of which 82% is currently circulating so is very scarce and tokenomics look great.
Deso's tokenomic looks fantastic; However, as they are only having fewer users, the volume is also getting consolidated on huobi and listed only on two major exchanges. Despite having really good tokenomic, this makes deso not very attractive. Though it's experienced a significant surge in the last months, it's dumped back again.
Bro, are you just considering deso's tokenomic aspects? Not worth buying for me.