There’s been a lot of buzz lately. Telegram launched an AI project, and apparently, it’s already running on the mainnet. What’s even more interesting is that you can mine their tokens with a graphics card.



At first glance, it seems like good news, right? But the more I think about it, the more something feels off—if more people start mining, the token supply will increase, won’t it? With more supply, the price will naturally go down. If you look at it this way, it’s not really bullish at all—in fact, it’s a recipe for price dumping. If the production speed can’t keep up with the growth in demand, miners will just dump their tokens and crash the market in the end, right?
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 6
  • Repost
  • Share
Comment
0/400
TideRecedervip
· 12-04 03:50
As soon as the mining project appeared, I thought to myself, I've seen this kind of scheme way too many times... No one can handle such a surge in supply.
View OriginalReply0
GasFeeCrybabyvip
· 12-04 03:50
As soon as a mining project appears, I know this will happen—supply surges and the price inevitably crashes. This trick has been played to death already.
View OriginalReply0
FloorPriceWatchervip
· 12-04 03:42
Mining bull run? Ha, this trick is so overused. With a surge in supply, you still think the price can go up? Keep dreaming. --- TON’s move this time is really a bit rough. GPU miners are pouring in, and token inflation could skyrocket at any moment. --- Wait, is Telegram really going all in on the mining ecosystem? Miner sell pressure crashing the price was always written in the stars. --- Output can’t keep up with demand? Bro, you’re overthinking it. Miners don’t care about demand, they just dump as long as they have coins. It’s that simple. --- Another round of GPU mining, another AI project—it’s nicely packaged, but the logic just doesn’t hold up. --- Exploding supply is the real story here. Bullish my ass, this is basically a trailer for a dump.
View OriginalReply0
ruggedSoBadLMAOvip
· 12-04 03:40
Alright, it's that same old supply theory again... Can't say you're totally wrong, but it just feels like something's missing. --- As for miner selling pressure, in the end it still depends on whether demand can keep up—otherwise, yeah, it's definitely shaky. --- Haha, I checked out that Telegram AI project, and honestly, it just feels like hype to me. --- Increased supply ≠ guaranteed dump. The key is still how much the ecosystem can absorb—don't be too absolute about it. --- GPU mining and all that, saw this way too many times in 2021... Something just feels off about it. --- But to be fair, your logic is actually pretty solid. I need to think about it.
View OriginalReply0
CryptoSurvivorvip
· 12-04 03:31
Bullish for mining? I see it as bearish. Once the supply increases, the price drops along with it. This trick is old news.
View OriginalReply0
BlockchainArchaeologistvip
· 12-04 03:26
This mining game is always the same. They call it democratization, but in reality, it’s just another way to fleece retail investors. The inflation can get really out of control.
View OriginalReply0
  • Pin
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)