Hashcats: slowing NFT mint weakens HASH buyback
- —1.8 million HASH (41.3% of supply) burned for 194.6 ETH
- —29 ETH is queued for buyback, but replenishment has slowed
- —The entry price for epoch 10 rose to 0.164 ETH, double the previous one
- —9,109 cats minted out of 16,376, with 7,267 remaining
Why it matters: The slowing mint reduces the inflow of ETH into the HASH buyback, which could weaken the deflationary effect and pressure the token's price.
Source: Crypto Briefing