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RE: WOX token goes deflationary! A move in the right direction…
your right...utility increases demand right. Gold has utility as store of value, hedge against inflation or safe haven asset.
Also, sometime we have to sell and make profits right?... selling pressure will some, but overall in the longterm besides all that selling we have to be in profits.
That's possible only if that coin has good fundamentals and utility to keep being on demand!!