Weekly Nutbox Report #9
Hello folks. Today the Nutboxes' $PNUT has completed her second halving event. As of this moment, The mining reward has reduced to 5 $PNUT / block.
For more information about about Nutboxes' Halving schedule, please see post "Nutbox PNUT Halving today".
$PNUT Pricing
The entire crypto world had a small bear run in the past two weeks. The price of each coin/tokens has dropped due to various negative news.
However, the run might have been changed since we step into Uptober.
$BTC, $ETH, $BNB, you name it, all have risen at least 20% of their price in the last 7 days.
Want to see more excitement? Look at $HIVE today, a surprising jump by almost 100%. Well some say it was because Koreans were pumping, and the smell of dumping are not far away.
Or maybe it is the cause of Upbit KYC policy is set in stone.
Either way, we like it so far.
With the combination of coin burning of 15 million $PNUT tokens, and halving, along with the upward trend of other cryptos, $PNUT also has her price rebounded gradually. By the end of last week, it was at $0.0261; an increase of 13% from previous Monday.
Total Delegated Power
Nutbox has lost some delegated power for the first time in two months on Thursday. However, it did not put too much resistance to the rise, the total delegated power continued to grow by the end of the week, which marked a five-week straight increase.
Just keep in mind, one delegates, the more $PNUT will be mined in the DeFi Pool. When the Walnut Network officially launches hopefully this month, there is a plan of airdrop based on the HODL of $PNUT tokens. Please don't miss the opportunity for some free $NUT tokens.