Plenty of voices on the crypto space have been saying that this alt downtrend is going to kill a lot of projects, and I believe this is undeniable at this point. Sadly some people will get hurt, but It's hard to see the upside when a project is literally hanging from a pinky.
How are the servers being paid at this point? I have no clue. I mean, the math doesn't lie, and one WLS is currently worth less than 1 penny. To be more precise, you would need 416-420 WLS to get 1 USD, and as far as I know the servers cost a lot more than that.
I've not dug deep into the subject, but for the sake of argument, let's say a node is costing about $50 per month to run. We could probably say and not be far off, that running the node requires 20k WLS sales to break even. Now if that's not selling pressure, then I don't know what is.
Not financial advice
But now is the time to really think of where we are depositing our time and money. Of course, there's a chance the Whaleshares will make it, who knows, but the risk is immense right now.
Meno