The supply rhythm does not wait for anyone; as soon as it is released, it depends on the absorption capacity.

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CryptoManMab
So perhaps $PIXEL isn’t really pricing ongoing activity. It’s pricing the moment when that activity turns into tangible value.

At the same time, supply continues to flow. New unlocks and releases don’t pause to wait for demand to catch up. When conversions aren’t robust enough, dilution can hit hard and fast.
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