jlciscopro

spellusd big picture

Long
staked spell (SPELL / sSpell)
wrapped memo (WAVAXTIME)
nICE (ICEUSD)


Great time to buy right now. People who maybe aped in at the top ($.03) are getting out now but ive been here since $.001 and its easy to stay at $.016 or even accumulate more.

The play here is as $MIM overtakes USDC and USDT as the #1 stablecoin, abracadabra.money goes from being a emission coin to more of a profit raking coin as the revenues from $MIM loans are used to repurchase spell with open market buys and give the new spell to sSpell holders.

It will take a long time with constant sell pressure against SPELL but if dANiele is smart he will reduce emisisions and let arbitrageurs take care of $MIMI's peg by 50% compared to the current always downward price pressure
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