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i think that's good strategy. not sure where the bottom is going to be for BNB, but it's like your bank for future buying of SD tokens, and if you can load BNB at $200, then it bounces to $400, you're essentially able to buy 2X the SDs that way. sweet!
UAF token is deploying a "faucet" soon, so people from anywhere, as long as they have a wallet, can accumulate UAF tokens for free.
from the telegram: https://t.me/UAF_Chat
i agree this is intentional. i think some folks wanted el salvador to look silly for loading BTC. anyone hot to trot for a US CBDC wanted stablecoins to implode.
it reminds me of the mobile phone industry ripping out all the payphones.
automakers buying out public transit and destroying the whole system.
but they can't touch our BabyKrakens. lol
https://beta.fegex.com/charts/details/bsc/0x3747f13B6dc6E8BD6C26D6af36FB29b5Bff6047f
BTC is 29,674. and i own some still. not much, but any is too much right now. lol
BabyKrakens at .3698 -- up nearly 11%, while big cap crypto is deep red.
https://beta.fegex.com/charts/details/bsc/0x3747f13B6dc6E8BD6C26D6af36FB29b5Bff6047f
CBDCs. the whole world is heading this direction. makes me wonder why stablecoins were hit so hard in the current crypto dip.
seen our BabyKrakens today? .3698 and bright green, while big cap crypto is deep red.
https://beta.fegex.com/charts/details/bsc/0x3747f13B6dc6E8BD6C26D6af36FB29b5Bff6047f
GigaChad token reducing that supply, and consistently.... i like it!
also worth noting -- a high liquidity token could be a scam, too. it depends on who owns all the wallets.
it's the other way around. once a post is over 48 hours old it can no longer be a sticky.
BabyKrakens .3698 green while the crypto market tanks!
https://beta.fegex.com/charts/details/bsc/0x3747f13B6dc6E8BD6C26D6af36FB29b5Bff6047f
thanks for posting this. i can never tell the legit articles from those designed to shake people out at the bottom, during periods of volatility.
i don't see Terra's LFG having much additional impact, and if it does dip, i'm betting on a big bounce.
https://cointelegraph.com/news/avalanche-drops-30-on-fears-terra-s-lfg-will-dump-avax-next
the market cap of AVAX is now $8,891,104,540, currently ranked 13 among CMC's list.
https://coinmarketcap.com/
all cryptos are trading like penny stocks lately. let's average down at .0001... fun times!
welcome aboard, Lex -- we had an inactive member, so i put you on as an assist also. thanks for showing up. "SmartDeFi Tokens" now has 32 followers if anyone here hasn't followed it yet, please do so now. it'll put us on your "Favorites" page, and you can do the same with IHUB members, putting all their posts in one location.
https://investorshub.advfn.com/boards/favorites.aspx
great, i put you up there as assist, thanks Dave.
doing a token for this IHUB board, or with anything about IHUB in the name, has copyright issues, i'm sure. so it shouldn't have any connection to IHUB.
maybe the best idea would be to start a token for SD marketing funds.
if people want to chat with team feg about it, i'm sure they would want to weigh in, and maybe (if they think it's a good idea) would help launch it themselves.
CryptoBrioche can probably field questions on this.
https://investorshub.advfn.com/boards/profilea.aspx?user=823255
just to find out if it's even a viable option.
understood, and i agree that seems like a sensible way to invest now.
my plan with RNK right now is to leave it alone. we were discussing what to do if the dev dumped right away.
it was just about the principle of converting (potential) trash into treasure. we could also wonder why divvy josh took over LAVA, right?
and i'm not sure an IHUB token is something we need right now. if you want to start one, i'll definitely support it.
yes, and the reflections are starting to add up, too. i no longer fear the drops, and really have to wonder how we'll do if volume across FEGex does a 10x higher.
good point here, and i think most of us do look at the USD charts. changing that perspective is important, especially now, with all the big cap and mid cap cryptos way down.
i keep saying this, but i'm done adding new ones.
a friend showed me a telegram channel, pretty sure i linked you to it as well, that gives realtime updates for all SD tokens, and that's a great tool, but also a double-edged sword.
the good part is being able to see them early when they take off, but the downside is making quick decisions and not always finding quality.
i'd rather pay more and know what it is than chase and be disappointed.
i'd say we've got a great core SD portfolio now.
as the saying goes, all we need is 1.
or 5..... maybe have a dozen.... or 10 good ones.
it depends on lots of factors, but keep in mind older people who base their investments on economic fundamentals are now a shrinking % of the investor pool.
younger people who grew up with crypto will take their place on wall street.
as a general rule, these generations are less interested in working for a living (see the great resignation, which gen-X is also part of now) and making moves into the defi space, buying passive income cryptos.
that trend will only accelerate.
we can debate whether these attitudes are ideal, or even practical, but the crypto lobby is now all over washington DC, congress has dogecoin among their trading records.
crypto-rich investors pay to keep the economy humming. the metaverse is now where luxury brands -- handbags, supercars, etc -- want to be. football clubs want to mint their own tokens.
visa, mastercard, soon all the banks, will say "pay with crypto"... so....
we're living in interesting times!
well, whoever created RNK token stands to make more profit doing it right than taking the quick easy money. but will they?
maybe if we type the words RNK token and SmartDeFi enough it will rank in google search and the dev will read our posts. i'm serious.
here is my "list of demands":
1. open up the telegram so we can post.
right now all we can do is watch:
https://t.me/rnktoken
2. link to a proper website (fegex socials) instead of FEG.
https://beta.fegex.com/charts/details/bsc/0xa94BAcFae1A78834d29c8691C49CB00eDFfAEa9A
3. fix the logo on fegex so it matches the nicer one in fegtrack.
4. come join ihub and make it a real project, like everyone else's!
https://investorshub.advfn.com/Smartdefi-Tokens-41077
we have space for another moderator on this board. while it's not busy now, the future will likely be different. you might need skills as a bouncer. lol
i am glad to leave it up to the group rather than decide myself.
a big thanks to everyone for all their involvement!
good job, i think LAVA will outperform BTC in the long run. it's all about % gains. re: that RNK token, check the SD board for our chat about it.
i hope so. maybe their desire to make a big profit will outstrip their interest in quick money, and owning some will turn out to be a positive.
i still like the idea of an ihub SD board community token for advertising what we do here, and as you said that can be easily done. whenever we think it's best.
thanks again for our input.
perfect. and we don't need to own the contract to do an ihub marketing token. it could just be whatever we grab out of the open market, and we use the funds to advertise the SD tokens board here. all we will say is "come visit the SD tokens chat on ihub". i love that idea.
meanwhile, we sit and wait for the creator to do whatever they do.
if they were to start selling now the most they'd make is probably $5K since the LP is still tiny.
once we own it, manual burns can be done to the null wallet, although circulation is limited, so why burn anything more?
if people want to "donate" to our cause, they can do one or both of two options: send tokens to a marketing wallet, and/or push the price up so the marketing wallet is worth more. and we buy banner ads on poocoin or bsc out of a designated wallet.
hooray!
since the contract has 10% backing tax the baseline will rise pretty fast. it's got a 5% LP tax, so the LP will grow as it trades. currently 1.28 fBNB
https://beta.fegex.com/charts/details/bsc/0xa94BAcFae1A78834d29c8691C49CB00eDFfAEa9A
i've got my position, and if they want to sell at a 5K market cap i'll clear them out myself. then we turn it into a community project. twitter page, active TG and all.
luckily the way SD tokens are designed this is like a open market buyout now and a reverse merger later. i'll ask divvy josh how we can take control like he did with LAVA.
cheers, RBL
it looks to me like this big wallet with 67 in it was the original wallet. in transactions i see "presale", then "emergency cancel". then 44 tokens transferred out.
recently they sold about 1 token, but bought a partial one.
https://bscscan.com/token/0xa94BAcFae1A78834d29c8691C49CB00eDFfAEa9A?a=0xed7b1000d3b1846d52eef220df6de8dcadcea1f8
so i'm not sure where or how the burning is happening.
let's say worst case scenario is the big wallet sells, and 67 tokens come out at current or lower levels.
is it possible for us to scoop those tokens out of the open market (if they sell) and do our own burn, and make it automated, in case this current dev doesn't follow their stated plan?
we shoulnd't have to own the contract to do that, right?
then we just create our own TG, twitter page, and make it ours. a community project.
yes, i just got a PM about the 67 token wallet.
0xed7b1000d3b1846d52eef220df6de8dcadcea1f8
https://bscscan.com/token/0xa94BAcFae1A78834d29c8691C49CB00eDFfAEa9A?a=0xed7b1000d3b1846d52eef220df6de8dcadcea1f8#tokenAnalytics
i think it's best to just discuss this all on the public board.
my approach, since i'm already in, is to sit tight. and watch what the big wallet does. i won't buy anymore until they are sold out, or close to it.
67.53889502 RNK total right now.
thanks! looks like they have 4 tokens left and then that wallet is emply.
https://bscscan.com/token/0xa94BAcFae1A78834d29c8691C49CB00eDFfAEa9A#balances
but i don't see a drop from 10 tokens to the current level:
https://bscscan.com/token/0xa94BAcFae1A78834d29c8691C49CB00eDFfAEa9A?a=0x0ea88615afc40e9f75c59ba979c616fc6348e949#tokenAnalytics
when i view "all" data on that graph it's a flat line at 4.34 tokens. maybe bscscan is malfunctioning?
nice thing about smartdefi is we who own a token's supply can control it.
i'm happy to create a TG for this, a twitter page, and do it right, if the original dev cannot.
just like divvy did with volcano/lava.
i'm seeing more green arrows than red on my SD watchlist. that bodes well for the future when all of crypt is back in bull-mode.
you may've forgotten to reset your fegtrack app, after buying some GigaChad.
while we do get reflections, they are on the low side (1%) compared to other tokens we're trading.
this is why manual burning is done. thanks for that, GigaChad.
what i like about our GC tokenomics are the 10% asset backing tax and 5% LP tax. look at that green baseline value zooming higher.
https://beta.fegex.com/charts/details/bsc/0xFBac31F68390fD62d6ff7dC9778688C21d672B54
i see the burn (null) wallet for RNK has 1.09 tokens of the total 98.9 token supply and is now the 10th ranked wallet. i'm hoping the burn mechanism is automated and doesn't require human involvement.
https://bscscan.com/token/0xa94BAcFae1A78834d29c8691C49CB00eDFfAEa9A#balances
telegram can be monitored but no way to post:
https://t.me/rnktoken
$25K market cap. i got my position. LFG!
https://beta.fegex.com/charts/details/bsc/0xa94BAcFae1A78834d29c8691C49CB00eDFfAEa9A
the symbol is RNK. not RNKR. the developer appears to be anonymous. and it's not clear how they plan to do the burning, whether that's automated or manual. it's not for the timid. and i'm not going to buy much. just seems like a fun experiment.
telegram: https://t.me/rnktoken
nice. i think the bottom is in on crypto now. maybe a few wobbles, especially if stocks get hit hard, but the worst of it is hopefully behind us.
the only thing that matters is market cap. i've said this repeatedly. buying a token for $5K market cap is insane, but so is $9K or $26K.
you can't buy a used car for that.
$513 is a $51.3K market cap. still kind of low, if people plan to hold.
but RNK is volatile, so it could pop and drop, repeatedly, until the holders overwhelm sellers. that's how all these SD tokens work, but the effect is amplified when supply is so tiny.
we had a SD token months ago with a supply of one token.