As volume on Coinflex continues to grow the demand for Flexcoin grows, which in turn pushes up the price of Flexcoin. Flexcoin has gone 10x in the last few weeks and will continue to grow. Here is how Flex demand works according to Mark Lamb CEO 1. Traders start trading on CoinFLEX because of the great AMM liquidity (and deliverable perps, etc) 2. They realise they need more FLEX to get on the lower fee tiers and save more on fees 3. They buy some amount of FLEX to get VIP 3,4,5,6 4. Then when they trade they spend FLEX with each trade. If they don’t replenish, by buying more on the spot market , they will move down to a lower fee tier or run out of FLEX entirely. 5. They know this, so everyday they buy FLEX https://coinflex.com/user-console/register?shareAccountId=UH87a2MM
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