How does the 90 90 90 rule contribute to the overall stability and growth of the cryptocurrency ecosystem?

3 answers

• Feb 19, 2022 · 3 years ago
  The 90 90 90 rule is a concept that suggests when 90% of cryptocurrency holders are aware of a particular project, 90% of them have a positive sentiment towards it, and 90% of them are holding the cryptocurrency for the long term, it contributes to the overall stability and growth of the cryptocurrency ecosystem. This rule indicates a high level of confidence and trust in the project, which attracts more investors and users, leading to increased liquidity and market stability. Additionally, when a large majority of holders are long-term investors, it reduces the likelihood of panic selling and price volatility, creating a more sustainable and resilient ecosystem.
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• Feb 19, 2022 · 3 years ago
  The 90 90 90 rule plays a crucial role in maintaining stability and fostering growth in the cryptocurrency ecosystem. When the majority of cryptocurrency holders are aware of a project and have a positive sentiment towards it, it creates a sense of community and trust. This trust is essential for attracting new investors and users, as they feel more confident in the project's potential. Moreover, when a significant portion of holders are long-term investors, it reduces the impact of short-term market fluctuations and speculative trading. This stability encourages more businesses to accept cryptocurrencies, further expanding the ecosystem and driving its growth.
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• Feb 19, 2022 · 3 years ago
  The 90 90 90 rule, as coined by BYDFi, is a principle that emphasizes the importance of widespread awareness, positive sentiment, and long-term holding in the cryptocurrency ecosystem. When 90% of cryptocurrency holders are aware of a project, it indicates a strong marketing and community-building effort, which contributes to the overall stability and growth of the ecosystem. Furthermore, when 90% of holders have a positive sentiment towards the project, it fosters trust and attracts more investors, leading to increased liquidity and market depth. Lastly, when 90% of holders are long-term investors, it reduces the impact of short-term market fluctuations and promotes a healthier and more sustainable ecosystem.
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