A recent decision to unburn 70 billion tokens has triggered significant backlash in the crypto community. Concerns regarding the underlying intentions and the possible fallout from this move have led to heated discussions across various user boards.
On June 29, 2025, the announcement to reintroduce the billions of tokens caught many by surprise. Participants in forums are voicing distrust and skepticism, raising serious questions about motivations and potential consequences.
Questionable Team Motives
Many commenters argue that the decision primarily serves the interests of specific individuals, particularly team member Kris. "The plan was to make you think they had a plan," one person said, summarizing the growing sentiment of deceit among holders.
Liquidity Concerns
Some people have started to view this decision as a way to sustain validator rewards indefinitely. In a forum post, one participant noted that existing staking options offer low returns compared to the potential of on-chain staking, suggesting a larger strategy of benefiting the project financially.
Speculation on Market Impact
Investors are increasingly fearful about price manipulation due to the sheer volume of tokens. A commenter warned, "They short their coin, and then crash the value to maximize their gain on their short position," indicating potential market instability ahead.
"Krisโs bad decisions have hurt all of us big time," lamented one long-term holder, reflecting the fractured trust present in the community.
The overall sentiment remains largely negative, with many voices expressing alarm about greed and manipulation. A significant number of community members are taking proactive steps by unstaking or selling their holdings, fearing for their investments.
๐ฅ 70 billion tokens reintroduced have enraged holders.
โ ๏ธ Liquidity concerns raised about enriching specific individuals while investor trust wanes.
๐ญ Market volatility anticipated as many choose to bail out.
As the situation develops, community members are left questioning the real implications of this drastic action on the future of their investments. Without clear communication from project leaders, the gap in trust between them and the community is likely to widen, increasing the likelihood of market instability. How will the leadership address these concerns to stabilize both confidence and value?