After taking profits from my investment in two heroes at Thetan Arena, it was obviusly that the in-game coin would dropdown after all the players sold their rewards in THC.
The devs are truly putting effort into improving the game, and since I'm learning programming, I know how hard it is and that the things we see so simple to do have a big demanding work behind. They solved the bugs and other problems very quickly.
A few days ago, they finally implemented how they will stabilize the economy of the game. During the last flash sale, they made around 27M of dollars by selling the Thethan boxes, and they will use that money make the economy more stable.
They will use all that money to burn THC, but they will do it by steps, because we all want the game to still exist for a long time. This kind of thing will make the coin to be at the same level of Axie soon, probably in 2022.
What positive things are for the Holders?
For the ones that still have THC on their wallets, they will buy all those coins for a price between 0.5 and 0.7, and the payment will be in THG. After that anounce, everyone sold their THG to buy more THC haha! and thats why the coin right now is dumped. But, in a couple of months we will be rewarded.
I'm so sure the coin will go up because all that money we are going to have, we won't be able to sell it inmediatly, that will be looked up at least for 4 months! so the translation to this is THG will have a massive staking!! and that will make the price to the moon. Of course, when people start to take profits, they will take out their money (me too), but the devs are implementing new features every day and adding more utility to THG, something that if you want to take big profits in the game, you must stay and not take everything out.
This is one of my big investments in crypto and I'm willing to see what thing 2022 will bring... Hopefully, it will be a lot of money.
more info at their twitter account
Tonio out