FlukeJ

$ARENA will always promise one thing, no matter what, and that’s a price decrease! YTD/FY it has continued collapsing. I get the macro crypto environment, but I also don’t get why the app continues developing more utility rather than focusing on growth. Marketability sucks. There’s still no app store app. There’s no major dex listing. Livestreamers make shit all, so not competing vs any big app either.

My weekly staking rewards used to be $1,000+ (30% APY). I now get $26 at 10% APY. Please someone enlighten me why I should continue holding when I have continued week after week to restake. Also I understand the market crashed, but the biggest problem is there is no effort on scaling Arena. There’s 0 initiative to grow users on here. I’ve scaled startups, I’ve invested in many companies. I don’t get why there is no money or energy invested into growth. This app is so focused on being a crypto app. Social element is limited if that’s your only target.

Going to start market selling my $ARENA as it’s obvious the token is dead and doesn’t have any support.

Avax to $5. Arena to $0. Believe!

would be interesting see the staked $ARENA balances of those on perps leaderboard.

Arena team continues adding utility with no support from people on their actual $ARENA token. This app might as will just do it all, and be a NGO cause right now the token yields constant monthly decreases ONLY while the app does a lot.

Arena comtinues to add utility BUT has 0 growth. All I’ve seen the last half a year is constant price decrease, and 0 intention to increase. Just talks about “flywheel” this and that.

I see it now shows users online. Given that it’s a well known fact that 90% of the app is beggars and bots, I guess that means there’s 20-30 avg users online. Not to mention there’s no price action other than lower. I gave up hope in this months ago…