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Five reasons to be bullish on the long-term outlook of Moons.

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by COINS NEWS 126 Views

Five reasons to be bullish on the long-term outlook of Moons.

This sub is getting extremely bullish on Moons: from new usecases, Moon Liquidity Rewards, General sentiment, to increasing awareness about Moons. Here are some of the reasons to be Bullish on the long term outlook of Moons:

  1. New Usercases: With the introduction of the sellable banner, crypto entities are able to burn Moons in order to get an advertisement at the top of our sub. With the most recent Banner purchase, the cost was about $700 per day (3,500 Moons).
  2. Moon Liquidity Rewards: There are a ton of reasons to be bullish about CCIP-051 paying out rewards to Moon Liquidity providers on SushiSwap. It creates a way to earn Moons on top of your Moons, earned Moons through liquidity aren't subject to KM rules, it helps to stabilize Moons supply/ market price, and it attracts outside money into the Moon ecosystem. APY for CCIP-051 currently sits at 56% - but will drop hard once it goes live.
  3. Top Moon Holders are Bullish: If you want to know how a crypto might perform long term you should consider what top holders think. Largely the most active users are contributing to the development by providing liquidity and increasing the overall awareness of Moons.
  4. The Community: A successful crypto project needs to have a Community behind it. The CryptoCurrency Sub is the 79th largest sub on Reddit at over 6.1M members, and as more and more people learn about it - the sub will continue to grow at an astounding rate.
  5. Increasing awareness about Moons: Moons are becoming more and more popular especially for the reasons listed above both on and off of Reddit. Moons are one of the best known assets in this sub, and awareness is being spread in other places like Twitter. Even the CEO of CoinGecko is a Moon Holder. Yet for all that awareness - Moons have a marketcap of only 21M, and are ranked 3,715.

https://preview.redd.it/zk6n0kz5y6la1.png?443&format=png&auto=webp&s=71cb27c591f5f5d8d2184f0132afbd29bc744063

As more and more people start thinking of Moons as a long term investment and not just a crypto to farm on this sub. The long term outlook of Moons will become even more positive.

submitted by /u/GabeSter
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