BackComments / Mentions
>>48169891
>doge has infinite tokens
It has a set limit on mining. You can't mine infinite tokens in a given year.
Ape is a premined shitcoin which was airdropped to a lot of people, and again,
something like 2/3'rds of the tokens haven't been distributed yet. Meaning, it's
completely unclear as to how those tokens will be used. I really don't think you
will have to spend money on a graphics card to mine them though, meaning that
any amount of distribution will simply result in a wave of sell pressure. Most
crypto/tokens that run really high have the majority, or a vast amount of
token/coins, controlled by 1 or a few hands, something like 10 wallets have 67%
of doge, over 20% of SHIB is controlled by 1 wallet, and 100% of SHIB is already
distributed. APE is highly distributed, it isn't centrally controlled, meaning,
there are simply more people to dump bags. When it does pump, and you can see it
on the chart now, it is far more grindy, slower, more pullbacks, than tokens
with higher concentrations of liquidity.
APE still has 67% (or so, I don't know the specific number) of it's token to
dump in some stupid way that won't actually be meaningful or generate value, as
premined tokens, generating value, is simply not a thing. It can, at best,
create an illusion of value. However, 2/3rds is a vast fucking amount. I'd think
it was negligible if was only like 10%, that might be more practical. If Chainlink is so good then why does the market value Tron, Cosmos, Litecoin,
Cronos, Near, Polygon, SHIB, DOGE, Polkadot, Avalanche, Cardano, Terra Luna,
Solana, XRP, and BNB above it huh? If it was any good then it should be ranked
higher than 24th place shouldn't it? Think whether /biz/ is just an echo chamber
and you're out of touch with crypto reality and instead you're living in crypto
fiction. Ok anon, today we are going to talk about market cap. Why market cap? Because it
is one of the most important numbers you can look at when investing in a
token/security.
Let's say you find a token on biz, we can call it APE. You see lots of people
talking about it, the chart looks ok, maybe you ever saw a picture that made you
pp feel funny.
So you see that the market cap is $3 billion, wow, that number is so high, that
must be a great thing right? No you fucking retard, that is a bad thing.
Why? Because the higher the market cap, the less room for growth. Let's break it
down into some numbers so you can really understand.
So let's say you spend $100 on APE. How much would the coin have to grow before
you make $10k? 10000 / 100 = 100x. So you would need the coin to 100x before you
make 10k. In order for APE to 100x, the market cap would need to increase 100x,
which means it would have to reach a market cap of $300 billion.
Just to put things in perspective, the ATH for any memecoin is around $70
billion. So APE would need to reach 400% of the ATH for any memecoin ever.
So how can you REALLY make money. You get lucky on a coin that is low market cap
in hopes that it someday reaches a high market cap.
So lets pick GOHO as an example. The market cap is roughly $280k, price has
stabilized from recent pump. If GOHO were to reach 10 mil market cap, that would
be a gain of 4000% (40x) from whatever was invested right now. Dog with bat
reached an ATH of 250 mil, so if GOHO hit that mcap of 250 mil, whatever money
was invested today would grow 100000% (1000x), and it would grow 4000000%
(40000x) if it reached SHIB levels.
So when you pick a project you are going to invest in, keep this shit in mind.
And next time some SHIBfag says that it is going to reach 1 cent, just remember
that they are basically saying SHIB is going to have a $10 trillion market cap,
which is 3x the size of Apple stock.
Ok thats all I got. Who's got questions? Want to make easy money and fuck with Twitter, normies, and Redditors? There's a
crypto called GOHO. It's a complete and total meme coin. No use case. Normies
love the HECKIN shibarinos, and this could be our ticket. SHIB isn't doing shit.
But if we meme GOHO as the "cool SHIB replacement", we will all get lambos
quick.
It's so worthless (right now), that if you put $3 into it, you end up with 700
MILLION coins.
$3 is nothing for all of us, but if we were to pump it, if we could get it to
even $0.01, with a $3 investment, you walk away with $7 MILLION.
It'll take some effort, but this could be it. After this week's craziness,
anything is possible. Don't underestimate the stupidity of normies, Twitter, and
SHIB holders.
Worst case scenario, you lose $3. You can get GOHO on Pancakeswap. I cant believe no one is talking about this on biz. I havent seen a single
thread. The dev is about to drop a preview of the marketplace. Expect a 10x by
next week.. dumping some info-
AstroZero (Elonone Marketplace) offers:
$0 gas Minting.
0.25% buy/sell/trade fees using native token Elonone. Industry low!
0.75% for ETH (or several others), industry low!
DROPS to create up to 10,000 NFTs with rarity properties and built in royalties
on hosted marketplace Smart Contracts- that you own!
Rocketdash- a 3D NFT P2E game designed to drive traffic to and exploit AZ and
E1.
Developer with multiple $Billion projects under his belt. This project is his
“baby” and “legacy”. Astro is fully committed to true DEFI and the “individuals”
it should benefit. Not corporations, VC’s, and elites taking even more. Artists
are begging for a marketplace build with the users in mind and no minority
ownership to wreck the project. Dev only owns about 1.6% of the total supply.
Vitalik Buterin was gifted 50% of the supply, elected to burn 39% after learning
of the projects vision while keeping the rest (most assuredly for charitable
donations as he did with SHIB).
Co-promotions with multiple top (50) crypto projects.
Layer-2 speed/costs with ETH contract security.
A SOCIAL NETWORK element (yet to be seen within an NFT community) connecting
Artists with fans to build communities as they see fit, on their terms.
Team… Committed and capable Core, and 1000’s of committed artists, some with
global $billion networks already in place. Tfw missed FTM, LUNA, QNT, SOL, DOGE, SHIB, ADA
Basically literally anything and everything good. I refuse to fucking kill
myself, but there are no more 100x left are there? Everyone who missed those
boats are doomed to a life of slavery until they die, arent they?