low $ron prices are great for marketplace activity. many @Ronin_Network NFT collections have gone up significantly in RON terms over the past months. folks are finding that parking RON in good NFTs with limited supply from good games and solid teams is holding value better than the token. if you watch the Recent Sales page on the Ronin Market, you will see the wide variety of collections and volume of purchases. people are also playing the games and spending. people were holding their ron far tighter at the top. this stimulates the economy and increases the rate at which the treasury collects resources.
many games have various coins producing volume on the DEX. Ronin Treasury accumulates a percentage of those trades, collects the native currencies of the games, and that creates an alignment between network and game. flower, wf, pixel, angry dino materials, USDC, rION, etc... it's not a fortune right now, but we can see a scalable system where with more games, more players, more liquidity, more cohesion between games and value at a network level... and we have something here.
it's easy to get lost in price action especially when it's been absolutely horrible (-95%), but i see a lot good fundamentally here... a ton of promise. i think our market cap is not insanely low given our revenues. we just had too many coins on the market and not enough demand, but now we are in a position to build our way to be fundamentally worth far more than our market cap.
then price will eventually go up.
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