Coinbase listing for SD
At the end of May 2024 Stader Governance proposed "buy back and burn" of 30M $SD tokens - effectively reducing the total supply from 150M to 120M.
Price action has been a falling wedge since $1.20 in Jan 2024, and as of yesterday was trading $0.40
Todays announcement that the token will be listed on Coinbase has allowed a strong recovery back above $0.68, and shows faith in the protocol and the 22k Holders of the Token.
The Stader team is relentlessly developing, and continues to build competitive products.
The only down side in my opinion is the Circulating supply is only 1/3 rd of total supply - so I would expect future buying opportunities as token unlock continue. Show Less
