rentdn

I've tracked on chain activity and holders for $RLB for about a year. In that time the price is basically flat. We are currently at 9 cents - same as this time last year. Its nearly impossible for RLB to be at 9 cents at this time next year. Have a look at this chart. What do you see? A year go there were 133 holders who had 500k to 1 million in their wallets - today that number is 72, a 45 percent decrease, a 35 percent decrease in holders in the 1-2 million RLB range, and a whopping 50 percent decrease in both the 2-5 million and 5-10 million holders.. In the whale category, of 10 million + 72 percent of holders from 1 year ago are gone. So if sellers significantly outnumber buyers, then how is the price the same? Well @rollbit buys and burns each and every hour. Basically, all of these holders that sold have been eaten up by the buy and burn. Now look at those numbers again. We lost 10 whales with 10+ million in a year.. Theres only 4 left.. Its impossible for that number to go negative! The same with the rest of the brackets. For price to go down assuming buy and burn stays constant, then we have to go into negative holders.. That obviously cannot occur.. In the end of July, $RLB bottomed out at around 3.5 cents... Its nearly 3x'd since that point.. You'd think that would mean that buyers would have finally overtaken sellers.. This isnt the case. There are more sellers than buyers currently.. Its just that Rollbit is buying and burning more than these sellers.. What other token doesnt need more buyers than sellers to go up? $RLB - $2.30