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Revo's Future Outlook for Novus: Supply Constraints and Burning Impact
If Revo becomes the primary trading currency for Novus, then transaction costs could easily amount to hundreds of Revo to attain meaningful value. Following the security breach, the total supply was cut in half, yet there will remain persistent holders or 'hodlers'. The fact that 1% of Revo is burned with each transaction indicates that, over time, a point will come when the circulating supply needs to be replenished through new issuance.
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Analysis
The opinion points to a scenario where Revo becomes the main trading currency for Novus. A key concern raised is the high transaction cost, which could approach hundreds of Revo, potentially limiting ...
Recommendation
Given these insights, I recommend closely monitoring the transaction costs associated with using Revo as the main currency for Novus, especially as they evolve with network activity. Investors and use...
Disclaimer
The Analysis and recommendations provided are for informational purposes only. Any investment decisions should be made at your own risk. Past performance is not indicative of future results. Always conduct your own research and consider consulting with a financial advisor before making any investment decisions.
