The Flippening Has Happened! 🚀 Elephant Money Weekly Review — Video Summary & Analysis

Introduction

In the latest episode of the Elephant Money Weekly Review, hosted by Chris Farrell of Fly In DeFi, the focus is on the recent “flippening” event in the crypto world and its implications for the $ELEPHANT token. This blog post aims to summarize and analyze the key points discussed in the video. For those interested in the full discussion, you can watch the video here and subscribe to their channel for more insightful content.

Understanding the Flippening 🔄

The “flippening” refers to a significant event where the treasury of Elephant Money, known as Bertha, now holds more $ELEPHANT tokens than all human holders combined. This shift is crucial as it indicates a change in the control over the circulating supply of the tokens. The treasury, unlike human holders, will not sell or “dump” these tokens, leading to greater price stability and potential appreciation over time.

Key Points:

• Finite Supply: There are 1,000 trillion $ELEPHANT tokens in total.
• Distribution: Tokens are distributed among the graveyard, liquidity pools, treasury (Bertha), and human holders (the herd).
• Goal: Increase the treasury’s holdings to reduce human impact on token price.
• Current Status: The treasury holds 194 trillion tokens, slightly more than the combined holdings of human holders.

Price Dynamics and Human Influence 💹

The price of $ELEPHANT tokens is primarily affected by human actions, particularly selling. Recent price dips are attributed to significant sales by human holders, including a major sale by the second-largest whale who sold 4 trillion tokens. Such actions, while causing short-term price drops, contribute to the treasury’s growth, aligning with the long-term goal of price stability and appreciation.

Insights:

• Price Affected by Sales: Human sales are the primary driver of price changes.
• Opportunity in Dips: Price dips present buying opportunities for investors.
• Reducing Human Impact: As the treasury grows, human impact on price diminishes.
• Smart Money Strategy: Savvy investors buy during dips, contrary to general panic selling.

Elephant Ecosystem Changes 🐘

The Elephant Money ecosystem is undergoing changes, with the decommissioning of Farms and Stampede. These changes are part of the broader strategy to focus on the core strengths of the ecosystem, including Futures, NFTs, and the $ELEPHANT token itself.

Upcoming Content:

• A separate video will discuss these ecosystem changes in detail, featuring a special guest.

Conclusion and Call-to-Action 📣

The recent flippening in Elephant Money marks a pivotal moment in the DeFi space, signaling a shift towards greater stability and potential growth for the $ELEPHANT token. As the treasury continues to accumulate more tokens, the impact of human selling on the token’s price is expected to decrease, paving the way for a more stable and appreciating asset.

For those looking to optimize their Elephant Money experience, consider using a partner to save on transaction taxes. You can add a partner by visiting Elephant Money Partner and entering the address: 0x9B902285ec0f21591f3b69331072158cF0B5f1C3.

Disclaimer: This blog post is a summary of a video discussion and does not constitute financial advice. Always conduct your own research before making investment decisions. 🧐📚