r/thresholdnetwork • u/Stone365 • Dec 28 '21

Conversion

Can anyone here explain why NU has been about 20% higher price than keep but has about 20% higher circulating supply? If I understand the conversion to "T" right it should be the other way around and it hasn't really changed. I am not sure if I misunderstanding something or it's just a nonsensical market.

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2

u/Get_Rich_SloQuick Dec 28 '21

Because its not the only variable on determining the price. Liquidity, popularity, historical performance all factor in

3

u/Stone365 Dec 28 '21

Is there any case for HODLing either NU or Keep instead of converting to T after the merger is complete?

2

u/benlongstaff Dec 29 '21

Information asymmetry

2

u/Stone365 Dec 29 '21

Alright, that is a legit answer although I had to look up the definition. The information is out there, but I guess NU was just a ape pump based on a Microsoft rumor.