Countdown to the Chia Premine Sellout | Crypto Community Analyzes Distribution Rate
The crypto community is abuzz as experts estimate when the pre-farmed Chia (XCH) will run out. Discussions are heating up, with fresh commentary on how recent market conditions are impacting sales at the Chia network.
Analyzing the Pre-farm Distribution Pace
Based on user insights, the remaining 17,630 XCH could be sold within a span of approximately seven years if the current selling rate holds steady. According to new comments, the selling interval may have to change, as the traded value of XCH has lost 60% in the last year. Some people express skepticism regarding whether CNI can maintain the target sell rate.
"Assuming XCH the selling pace, a 50k sell every ~7 days is required to make $2M per month," a user noted. This raises questions about feasibility given the declining value.
The expected 50,000 XCH sale every 17 days could now face challenges. One commentator pointed out that previous sales may not cover ongoing operational costs, suggesting that either the volume needs to rise or the selling interval will increase.
Calculating the Future of XCH Prices
Average Time Between Sales: 17 days
Total Pre-farm Amount: 17,630 XCH
Selling Rate: 50,000 XCH each cycle
These rough calculations indicate:
Total Possible Future Sales: 17,630 XCH / 50,000 XCH = ~0.35 (or ~1 full sale cycle)
Days to Sell Remaining Pre-farm: ~0.35 cycles * 17 days = ~6 days for one full sales cycle
The consensus is sharpening: if selling remains steady, XCH could run out much sooner than seven years. This raises a crucial question: can CNI adapt to a harsher market?
Mixed Community Sentiment
The commentary on various forums shows divided opinions on Chia's supply mirroring a broader uncertainty in crypto circles. Skepticism about the network's ability to maintain sales pace lingers:
"XCH has shown no significant upward trend, ever."
Another remarked, "Not enough years to live in order to see it."
Key Insights 🔑
📅 Estimated Sell Duration: ~7 years under current market conditions.
⚖️ Sales Requirement: 50,000 XCH every 7 days needed for revenue goals.
📉 Stability Concerns: “Value lost 60% recently,” invites doubt from analysts.
As the debate continues, one question remains: Will the Chia network meet its ambitious sales timeline, or will it face unforeseen challenges? Keep an eye on the crypto market for updates as this story develops.