I have a lot of Songbird from the airdrop and I am not selling it as it was free and I am staking it, but eveything I can see in the charts says it will drop over the next few days definitely and then for a few weeks on from that, I would not be surprised if it drops by 40%.
@@CM-xg1vmI just want to throw some metics out for you about sgb from flarescan. 1st march active addresses sgb: 3746 1st march unique addresses sgb: 415,400 Currently Sgb active addresses: 113,100 Sgb unique addresses: 669,800 There’s been a huge explosion in activity what’s fantastic!!! As much as I’d like to potentially see a 40% drop the statistics just don’t match the narrative for such a massive drop. Sgb seems quite healthy I believe we saw the lows in Feb this year and we won’t be revisiting.
Yeah you're right. Nice catch. It should be above 500 now. The math is right, it's probably just a misprint on the SGB profile page on CMC. Something felt off about 3K ranking when I read it. I should have looked closer. Thanks for letting us know.
@ Matthew @DeFi Divvy if your analysis is close, what does the same metrics say about FLR. vs the "OUR" assumption that FLR should be (-3x-5x ) making it around 0.05 or less if FLR is 0.05 then SGB should be at least 0.18 or more based on the supply
That seems to fit. I think SGB should be 2x to 10x higher IF businesses build on it AND Flare gets product market fit. Now if that happens this bull then I think SGB will be closer position 50. The gamble is on what the market is going to tell us upon full 1st iteration launch. TBD
Just some metrics from flarescan for the community. 6/3/2024 active addresses sgb: 3171 6/3/2024 unique addresses sgb: 416,100 Current sgb 24/6/2024 active addresses: 113,100 24/6/2024 unique addresses:669,800 So analytics wise in active addresses there’s a massive 3400% (roughly) rise in 3 months, guys do not sleep on SGB incredibly bullish.
Why are the delegation rewards so terrible on songbird, I have a few grand locked up in it and am lucky to pull in 2 dollars a week, am I doing something wrong or is this all it pays, hardly worth it at this point unless songbird is likely to hit a couple of dollars.
Many reasons: Inflation dropping. More participants. etc...It's expected and the rewards will continue to drop. The idea is to stack while it's cheap, and yes, fingers crossed that Flare gets Product Market Fit, and that businesses build on Songbird, and that the price goes over $1 in the future. If all that happens, and if you're have over 1M SGB (still under a penny) and rewards are paying 3 to 4% APY, that's not a bad relatively risk free cash flow. But lots of stars still need to align for all that to happen.
YASSSS!!! Finally my brother talks about something insanely IMPORTANT! More of these! MOORRREEEE
Can't wait for the bird to Soar!
@@DeFiDivvy already up 5% today
한국에서 songbird 홀더 잘보고 갑니다^^ Thank
Good day Matthew wanted to wish you a wonderful holiday. Thanks for everything you do. I’m very grateful for you.
Thank you, Joe. Same to you.
I have a lot of Songbird from the airdrop and I am not selling it as it was free and I am staking it, but eveything I can see in the charts says it will drop over the next few days definitely and then for a few weeks on from that, I would not be surprised if it drops by 40%.
You could be right. If it drops that far I may have to pick up some more!
@@DeFiDivvy Id rather be wrong :)
@@CM-xg1vmI just want to throw some metics out for you about sgb from flarescan.
1st march active addresses sgb: 3746
1st march unique addresses sgb: 415,400
Currently
Sgb active addresses: 113,100
Sgb unique addresses: 669,800
There’s been a huge explosion in activity what’s fantastic!!! As much as I’d like to potentially see a 40% drop the statistics just don’t match the narrative for such a massive drop. Sgb seems quite healthy I believe we saw the lows in Feb this year and we won’t be revisiting.
Thanks for this video, needed the push to HODL and not be shaken out
Thanks for watching. It's going to be interesting watching these markets going into 2025. Happy HODLING!
SGB should be around #500 but CMC has it marked as self-reported market cap. What's up with that?
Yeah you're right. Nice catch. It should be above 500 now. The math is right, it's probably just a misprint on the SGB profile page on CMC. Something felt off about 3K ranking when I read it. I should have looked closer. Thanks for letting us know.
@@DeFiDivvy If they changed that it might get a lot more attention.
Been loading up on SGB for a while now, believe it will soar when F-assets launch on Songbird!
Nice!
Great content as usual
Thank you sir!
Thanks Matthew 🎉🎉🎉 Rock on!🎉🎉🎉
Thanks Thuy! Rock and roll!
Songbird will sing load🎉
Can't wait!
@@mellamodiego8458 Thanks for the tip. Patience is a beast ...
great video
Thanks for the visit
@ Matthew @DeFi Divvy if your analysis is close, what does the same metrics say about FLR. vs the "OUR" assumption that FLR should be (-3x-5x ) making it around 0.05 or less
if FLR is 0.05 then SGB should be at least 0.18 or more based on the supply
That seems to fit. I think SGB should be 2x to 10x higher IF businesses build on it AND Flare gets product market fit. Now if that happens this bull then I think SGB will be closer position 50. The gamble is on what the market is going to tell us upon full 1st iteration launch. TBD
Tks Much
Just some metrics from flarescan for the community.
6/3/2024 active addresses sgb: 3171
6/3/2024 unique addresses sgb: 416,100
Current sgb
24/6/2024 active addresses: 113,100
24/6/2024 unique addresses:669,800
So analytics wise in active addresses there’s a massive 3400% (roughly) rise in 3 months, guys do not sleep on SGB incredibly bullish.
lets go!! im going to move somewhere cheap and live off epochs. im still getting 1/7 what i was. what gives? delegating with 4dadsftso
I love the idea of living off delegation rewards!
SGB rulezzz😁✌️
Thanks Freddy!
Why are the delegation rewards so terrible on songbird, I have a few grand locked up in it and am lucky to pull in 2 dollars a week, am I doing something wrong or is this all it pays, hardly worth it at this point unless songbird is likely to hit a couple of dollars.
Many reasons: Inflation dropping. More participants. etc...It's expected and the rewards will continue to drop. The idea is to stack while it's cheap, and yes, fingers crossed that Flare gets Product Market Fit, and that businesses build on Songbird, and that the price goes over $1 in the future. If all that happens, and if you're have over 1M SGB (still under a penny) and rewards are paying 3 to 4% APY, that's not a bad relatively risk free cash flow. But lots of stars still need to align for all that to happen.
Morning Matthew !!!
Morning ETech. Have a great Monday
Songbird is awesome.
Fun numerology facts.
Songbird has 8 letters.
The Songbird letters equal 88.
Look up the biblical meaning of 888.👀
New beginnings. Thanks for stopping in Karl!
Will KASPA be able to also utilize SONGBIRD's technology?
Hi Xoozie, Great question. Thanks. Kaspa has been crushing it this bull run. I am not sure time how it could work with SGB/FLR at this time.
@@DeFiDivvy regarding using the technology like Doge, XRP, etc. KASPA is also P.O.W., thanks
i thought songbird would easily hit $1 this bullrun if it hit 0.70 in the last one.
I hear you. I used to think that, too. I analyze it differently these days, but I hope you are right!
Thanks for making these videos! Its so quiet when it comes to SGB but we stack the birds anyway because someday the bird will soar🐦
Thanks for watching!
DeFi Divvy 🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥🔥😎💯👌💪🏽
Let's Go Johnny!
🐦💯
At 0,25 i can pay of my mortgage😂 and still have a nice bag
I love to hear that!
Same here but I'm expecting 40-60 cents.
@@Mike-wc1ns i hope so i take the 0,25 and the monny i Safe by not have to pay for my mortgage i just buy back my sgb back slowly
Most people sold there sgb thats why its so low in price
So in other words there are very little sellers left, and lots of potential buyers.