Hi, I bought AngrySquid and UpLink but the tokens keep decreasing everyday and now they are almost gone. Can anybody teach my why this is happening? Is this normal? Or is there any way to get them back?
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.
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Thank you. Now I understood. But how could I know whether if the token is elastic or not before buy it? Is there some website to list such tokenomics information for all currencies and tokens?
@hiroshi9969
Each projects have a website and where you can read more on what they offer.
It is best to do that before investing your money.
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