Our wolf pups are mischievous little wolves, often volatile, unruly and getting into trouble.
$WOLFIES is a currency, meaning within our eco system it’s an “access” or “participation” asset. If hordes of people want to participate in wolf den activities, join the wolf den or climb the tiers there will be a ton of buy pressure and price may go parabolic.
In times of lower activity, holders may choose to sell their $WOLFIES. The average price of $WOLFIES, over time, is a reflection of how much people value what the wolf den is doing and how much they want to participate.
That said, and for that reason, $WOLFIES will be volatile. Like we said, they are trouble makers.
The good news is that the 4% tax on $WOLFIES goes directly into supporting the ecosystem (primarily $GUARD and $KNIGHT) which means that extreme volatility on $WOLFIES stabilizes the project in various market conditions.
Because it’s the ecosystem currency, we do not encourage buying and holding $WOLFIES unless you are #WOLFISH on the whole ecosystem over a long period of time. We suspect many will try and day trade or scalp it.