ATOM Percentage of Supply Staked

CosmosCosmos
$10.41
‑2.44%
self.cosmosnetwork5d ago
When I first got into ATOM last June/July, my retarded thought was 70% of ATOMs supply staked, incapable of being sold = safer more stable price But I now probably look at it correctly in thinking: 70% is locked away having nothing to do with price, while 30% of the supply is determining the price with buy/ask You kind of lose your "vote" in what the buy/ask is by staking right? If 95% of ATOMs end up being staked, then just 5% of the supply would solely decide on its value