kaal:claim:4033886-026

The main obstacle to digital asset market liquidity may be that the number of token holders has not continued to expand exponentially year over year; a larger stakeholder base would deepen liquidity and permit seamless entry and exit.

Source quote, verbatim
The main issue may be that the number of token holders have not continued to expand exponentially year over year. Having a greater number of stake holders may result in the deeper liquidity in the market, which would in turn allow for seamless movement in and out of the market.
From

Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022), IV.1 Market Pricing, p. 29
https://ssrn.com/abstract=4033886 · source PDF

Cite as

Wulf A. Kaal, Samuel Evans, Hayley Howe, Digital Asset Valuation (2022). SSRN: https://ssrn.com/abstract=4033886

Holds when
Classification

mechanismsupport: arguedfailure: thin holder basefamily: liquidity-and-market-structure-failuredefitokenomicseconomics

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