The $STEAK staking rate has reached 46%, but from the chart, this data doesn't seem to provide any support for the price. It's worth pondering why such a contradiction exists.
Several possible explanations: First, many traders treat it purely as a short-term trading tool, neglecting the project's fundamentals; second, participants may indeed have limited understanding of the project and haven't realized the true value of staking; third, the team's token releases and mining activities are continuously diluting market expectations; another possibility is that the market simply doesn't take this ecosystem seriously.
But honestly, the most likely scenario is that these factors are all at play simultaneously. This also reflects a current market reality — the influence of logic and fundamentals is diminishing, and often the market is just playing its own game.
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
6 Likes
Reward
6
5
Repost
Share
Comment
0/400
WalletsWatcher
· 4h ago
High staking rates but the price drops... this is the usual operation in the crypto world, fundamentals are already outdated
---
In simple terms, retail investors simply don't understand the value of staking, they only follow the trend or cut losses
---
The team is only focused on releasing mining, who cares about the lives of retail investors
---
A 46% staking rate can't save it, it still depends on the whales to pump the price
---
That's why I don't touch these small coins, no matter how perfect the logic is, it's useless
---
The market doesn't take the ecosystem seriously +1, everyone is betting on the next 100x coin
---
Another project with high staking rate but falling prices, it's become quite common
---
The gap between looking at data and analyzing trends, the crypto world is performing this drama every day
View OriginalReply0
StablecoinSkeptic
· 4h ago
Staking 46% and still no increase, this is just outrageous... Honestly, it's still the team flooding the market crazily, no wonder no one believes it.
View OriginalReply0
RektButStillHere
· 4h ago
Staking 46% and still dropping? Laughing my ass off, this is the crypto world.
---
It's the same old argument that fundamentals are useless; I should have gotten used to it long ago.
---
The team is疯狂 releasing tokens, retail investors are there researching fundamentals.
---
Basically, no one believes; what’s the use of staking data looking good?
---
This kind of contradiction happens every day; just get used to it.
---
The market is playing games, while we are watching the K-line, and we can't win.
View OriginalReply0
MEVSandwichMaker
· 5h ago
Staking 46% and so what, it still drops. This is the crypto world, the fundamentals are just a joke.
View OriginalReply0
CryptoHistoryClass
· 5h ago
ngl this is just 2017 dot-com playbook running on-chain... 46% staking doing absolutely nothing for price? *checks historical chart* yeah, we've seen this exact pattern three times already. market stopped listening to fundamentals somewhere around luna's collapse honestly
The $STEAK staking rate has reached 46%, but from the chart, this data doesn't seem to provide any support for the price. It's worth pondering why such a contradiction exists.
Several possible explanations: First, many traders treat it purely as a short-term trading tool, neglecting the project's fundamentals; second, participants may indeed have limited understanding of the project and haven't realized the true value of staking; third, the team's token releases and mining activities are continuously diluting market expectations; another possibility is that the market simply doesn't take this ecosystem seriously.
But honestly, the most likely scenario is that these factors are all at play simultaneously. This also reflects a current market reality — the influence of logic and fundamentals is diminishing, and often the market is just playing its own game.