📖 What Happened to MALY
Malayalam Cultural & Literary Forum's coin started at 1.00 SC on 10 Mar 2026. It peaked at 1.3365 SC. Its biggest fall came on 21 May 2026, when 754 MALY was converted to SC by 5 members — the value dropped 56% . It currently trades at 1.2835 SC.
🎓 What Moves a Coin's Value
A club coin's value reflects the balance between earning & holding and converting to SC.
▲ Value rises when members earn coins through approved activities and hold them — scarce, well-earned coins are strong coins.
▼ Value falls when large amounts are converted to SC in a short time — the supply floods the exchange and every remaining coin is worth less. If the fall is fast, the crash-protection temporarily freezes trading, and in the worst case the coin lands on the 0.01 SC floor, where it stays until the club rebuilds.
The lesson every club learns sooner or later: a coin is a shared asset. One member converting everything at once doesn't just cash out — they devalue every clubmate's wallet.