Reader challenge – demolish the sponsored shill report: NIMIQ

Demolish the report: fundamental and technical strengths and weaknesses of Nimiq.

What do you think?

11 points
Upvote Downvote
Mr Blue

NIM an annual inflation rate of 47.64%, which is rather high

Mr Blue

In fact, it is the 8th-highest annual inflation rate of altcoins previously reported on.

Mr Blue

Now, I won’t be using Hotbit’s volume in the calculations here as it is impossible to determine the degree of wash-trading present (though, if its liquidity is anything to go by, it is clear that the vast majority of volume here is faked).

Mr Blue

top 10 addresses own 36.32% of the total supply; the top 20 own 42.38%; and the top 100 own 64.26%

Mr Blue

Average Twitter Engagement: 0.73%