The competition in the prediction market sector is becoming increasingly fierce, which is an inevitable trend. Although Limitless's data performance on Dune has declined compared to its peak period, this does not mean the project has lost its competitiveness. Looking at several key indicators, Limitless's fundamentals still warrant attention—total trading volume has surpassed $700 million, and the number of monthly active traders has hit a new high, indicating increasing user stickiness. More notably, the official actions in token economics: three consecutive weeks of $50,000 repurchases of $LMTS, demonstrate a firm commitment to buyback, sending a positive signal. In the context of intensifying market competition, projects that are willing to spend real money on buybacks usually have greater confidence in their long-term prospects.
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NFT_Therapy_Group
· 8h ago
Is buyback all there is to it? Why haven't I seen the token price go up? High monthly active user data doesn't seem to help either.
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LiquidationWatcher
· 8h ago
ngl, the $700M volume is solid but... remember 2022? those buybacks can dry up real quick when tvl gets squeezed. health factor on this one looking okay-ish tho
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MoonMathMagic
· 8h ago
The buyback is indeed a way to show attitude; not all projects have the courage to do so.
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SmartContractPlumber
· 8h ago
The buyback depends on how the contract code is written. Don't just rely on promises; what about the audit report?
The competition in the prediction market sector is becoming increasingly fierce, which is an inevitable trend. Although Limitless's data performance on Dune has declined compared to its peak period, this does not mean the project has lost its competitiveness. Looking at several key indicators, Limitless's fundamentals still warrant attention—total trading volume has surpassed $700 million, and the number of monthly active traders has hit a new high, indicating increasing user stickiness. More notably, the official actions in token economics: three consecutive weeks of $50,000 repurchases of $LMTS, demonstrate a firm commitment to buyback, sending a positive signal. In the context of intensifying market competition, projects that are willing to spend real money on buybacks usually have greater confidence in their long-term prospects.