I swap infinity Up 32,000,000 tokens in pancake now I have only 3938756.
whenever my price is an increase token count automatic decrease
token => 0xc6f26e6df5f44c0ccd939581987c09b866cdbd1a
tx is => 0x25074ad16c4eea367f01cc6f0f932fe9e328a54e454dfaa93e01de212a8171b7
Hello @govindtomar
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.
Dear Jenny,
I am facing the same issue.
I bought 55,100,000 INFINITUP and now have 8,000,000 left.
So what then is the point of buying these tokens?
Bart Versteijnen
Right… so why does the value of my coins go down when the price is clearly rising?
I had 7.8m tokens 3 days ago now I got 78k thats a huge loss when I am looking at the chart the price has gone up but the because of tokens lost my token price worth is significantly lower
is there something I am missing?
Hello @bversteijnen
This is not really a Trust wallet issue but the token issue.
You need to ensure you do your research on tokens before investing in them.
Hello @patton3199
Like i said above, it has to do with the tokenomics of the token you’re investing in.
Please ensure you do your research before investing on a project.