Many of us were dissatisfied when the core DAO launched at such a low price because core had never informed us of this. The truth is that we were the ones who disappointed ourselves since we had established our own assumptions.
Never did Core DAO advise you to sell on exchanges. Looking at a core DAO official’s Tweet from two weeks ago, It merely states that you should claim your core here rather than “sell on exchanges” and that you should only rely on information obtained from reliable sources.
From my own perspective, the price drop from $30 to roughly $4 isn’t all that horrible. This is just the beginning, and the core is rising. I believe we are overreacting, so if you haven’t staked yet, I urge you to do so right away.
Given that the CORE DAO project has only been active for a few months, this is an impressive accomplishment. The team behind the project put a lot of effort into building a platform that is safe and easy to use, and the market capitalization reflects this success.
When you delegate your cores you receive your rewards . At your first delegation you receive your first reward at 48hrs After your delegation then subsequently you begin to receive your reward every 24hrs Depending on the total number of core you have delegated.
The primary cause of the bearish trend can be attributed to the market’s reaction to the recent news of a potential hard fork of the $CORE coin blockchain. The hard fork of the $CORE in the blockchain is a process of upgrading the blockchain protocol. The news caused uncertainty and fear amongst investors, leading to a selloff of the asset. This, in turn, caused the bearish trend to take shape over the past week.
What is Core DAO?
Core DAO is a decentralized autonomous organization (DAO) that provides a governance and economic framework for the development of decentralized applications (dApps). It is designed to enable developers and users to create, deploy, and manage dApps in a secure and decentralized manner. Core DAO uses a token-based system to incentivize developers and users to participate in the network, and it also provides a platform for developers to create and launch their own dApps.
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