This is absurd i buyed 15.000.000.000 tokens of ChristmasFloki X and everytime when the price goes a little bit higher i lose my coins just peace by peace. I have now only 350.000 coins left, how is this possible. Al my coins are almost gone. I sended already a private a email to you guys but it takes a little bit to long to get a response. I had my trust in you guys but nowni dont trust anything this is really absurd ??!!
Hello, there is no problem with the app.
This token has an elastic supply.
Elastic supply tokens have a changing circulating supply.
The idea is that instead of price volatility, what changes is the token supply through events called rebases.
Simple explanation. Price goes up, less tokens. Price goes down, more tokens.
I suggest you read and understand the tokenomics of any project before investing.
Lol i know how rebases works but even when the price goes up i get less tokens, price goes down less tokens, less money less everything less less less soo stupid to invest in kind a coins like this, even when it goes down i lose tokens and lose my value.
That is the reason why it is important to read about a Projects tokenomics first before investing on them.