I wrote an article about GNME during the last week of September.

After my last article the GNME token went on a rally from around 0,26 USD to 0,75 USD.

Then the token corrected steeply to around 0,14 USD at the time of this writing.

I will go over the reasons why I am confident that the price will recover and that a higher marketcap valuation is likely in my opinion.

The following developments have taken place since the time I wrote my last article:

1.)number of token holders has gone up to around 1,100 holders

2.)number of "token miners" has increased daily (!)

look on the first chart on the dune website:

https://dune.com/crypt0gnome/gnme

3.)days until next halving -> only 9 days left until October 23

4.)coingecko listing completed

5.)Existing miners are likely to add to their hashpower or buy more tokens as time progresses, especially when the price of the token has corrected, because it will be cheaper to buy the token directly than to invest in additional hashpower.

->I added to my token bag today as well as yesterday, because the increasing number of miners gives me confidence.

Let's see how it goes. It has been a rough ride during the last week. I'll probably allocted some more funds towards mining before October 23 to take advantage of the higher distributions during the next 9 days. Greetings, Raphael ;)

There exist two possible ways to participate in this project:

1.)buy the token via jupiter exchange

2.)spent SOL to buy hash power and receive a constant flow of GNME tokens

There are 21,000,000 GNME tokens max. A part of this amount is locked up in a wallet for the miners and will be released

gradually over time. Mining grants you a share of the GNME mines (a percentage of the total hashpower).

Every day there are 10.000 new GNME tokens that will be distributed among all miners, according to their personal

share of the total hash power.

->As time progresses it will become harder to mine GNME tokens. There are halvings -> the next halving will be on the 23. october.

The daily distribution of GNME tokens among miners will drop from 10k to 5k in around a month, making it harder to mine new tokens

and keeping the supply tight.

Here is how you can buy hash power and start mining:

1.)join the telegram channel of the mining bot:

https://t.me/GNMEbot?start=REF5161615962CD83

The telegram bot will provide you with simple information on how to mine GNME on this telegram channel.

(it is quite simple to use)

2.)join the general GNME channel for current updates;

you'll find the link to the telegram channel on the main page: https://www.gnmemining.com/