DWF Labs currently holds 11 million near the token, with more than half of the stakes to secure protocols.
Now, almost talknomics involves an annual inflation of 5%, which has been criticized by some investors.
Andrei Grachev, the top executive at DWF Labs, challenged the core developers of nearby protocols (nearby) to reduce the inflation rate of Token from 5% to 2.5%. In an X post on Wednesday, Grachev asked the protocol’s core developers near the protocol to consider a move to boost the project’s long-term outlook.
Grachev reminded the core founders that DWF Labs currently owns 5 million people near the tokens and bets another 6 million tokens. To boost the proposal, Grachev told core developers that DWF Labs will purchase another 10 million people near the token.
Meanwhile, Bowen Wang, a developer of the nearby protocol, welcomed the idea of reducing token inflation, but emphasized that the final move has risen to the community. Furthermore, current inflation is part of an incentive plan to attract more holders to secure protocols by betting near tokens.
We recommend reducing inflation and making toconomy more sustainable, but it’s up to the community to decide
– Bowen Wang (@bowenwang18) June 11, 2025
I’m taking a closer look at the price action
Near the price shows bullish sentiment, catalyzed by a growing institutional demand and an imminent reversal of Bitcoin domination, amidst the expected Altseason 2025. The fully diluted valuation amounted to around $3.2 billion, with an average 24-hour trading volume of about $186 million, up over 5% over the past seven days, trading around $2.57 at the time of this writing.
A very interesting level of $ here.
Convergence of both diagonal and horizontal levels.
If it breaks here after double bottom, it will be a very positive sign of a bullish trend reopening.
Time to pay attention! pic.twitter.com/gfrvzgrhzx
– sjuul | June 11, 2025
From a technical analysis perspective, if established logarithmic trends are consistently closed, the price is almost at the pinnacle of a major uproar. In the daily time frame, near-price forms a potential reverse head and shoulder pattern, indicating bullish emotions in the short term.
Bullish emotion is also strengthened by weekly MACD lines that have recently passed the signal lines during the growth of bullish histograms.
