Hello and good morning. I want to ask something. I bought almost one million GREEN MOON(GRM) coins 4 days ago. Right now my coins has decreasing to 65(not million,just 65 coins). I didn’t swap them, I didn’t do anything with them. They just decreasing. Anybody knows why is that happen? Thank you
Hello @Lazaros19 To better assist, please send the following information:
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Trust Wallet app version (open the app, go to the settings of the app and press “About”, take a screenshot, and attach it here)
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Crypto wallet address (press the receive icon near the send button, take a screenshot of the QR code, and attach it here. Also copy and paste it in plain text)
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Transaction hash or link (if you have any, please copy and paste)
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Further details about your issue (please explain what you were trying to do)
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Screenshots of the wallet (including errors or missing balance)
Hello thank for your fast respond. I want to know why my coins get dicreased every time the price goes up. I had 3 digit thousands coins and now I have only 39
@Lazaros19 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 to read and understand on tokenomics of any project before investing.
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OK so if the price goes up my tokens be less??? So there is no need to investing in something like this. Not make sense I think. I had thousands of coins and now I had thousands less.i will try to learn more about this. Thank you anyway. Thank you for your fast respond