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Discussion on: What is Rebase in crypto - Explained!

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umesh2063 profile image
Umesh Rai

Ok if rebase doesn't make profit then it should not make loss too. My coin is decreasing and now its 1500 from 101000 in my trust wallet. What is happening?

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rajasekharguptha profile image
Rajasekhar Guptha

As per the actual theory it should not but in reality many rebase projects are getting failed and making severe losses for people because of many reasons

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umesh2063 profile image
Umesh Rai • Edited

Oh my God. It all seems like a big scam, ultra cheap coins, rebase rules, etc.y coins have reduced to 500 now. Any idea how do we get back lost coins if we can?

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rajasekharguptha profile image
Rajasekhar Guptha

Sadly, we can't get those coins back
And the only way to recover from losses is to sell when marketcap increased( which is not happening in case of many coins)
( the development team is gaining huge amount from heavy taxes on transactions and they are making profits there by.)