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xZx

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Alias Born 02/17/2005

xZx

Re: Mask post# 17

Saturday, 04/23/2022 9:46:52 PM

Saturday, April 23, 2022 9:46:52 PM

Post# of 105
the way FOOK passive income scales up, due to volume and price increases, is pretty mindboggling. i'll bet you've already done this in your head!

but i'm thinking along these lines --

if someone buys just 1% of the circulation, that's 401K X .01 = 4,010 tokens.

reflections on $100K in 24-hr volume would be 1% of $25K, or $250 a day.

but if the price does a 5X from here, which would be $31 per token, just over the last ATH, then that becomes $1,250 a day in free tokens, automatically distributed to the 1%er wallet.

and if volume were to double to $200K (pretty likely as marketing gets going) then that $1,250 a day becomes $2,500 a day.

and what would the market cap be at a 5X? current circulation is 233,873, so $6.20 X 5 = $31 target price, X 233,873 tokens, = only $7.25M market cap.

that's nothing. maybe we should 10X these figures?

but here's where it gets most interesting. the FOOK burn wallet is the largest one: it says 158,013 tokens.

https://bscscan.com/token/0x820671E3647d8aaa22Feab05aaA14AB1665e06e1#balances

so tokens from buys/sells get sent to that burn wallet in a large % too.

by the time we 100X, how much smaller will circulation be? after all that churning and burning. it'll keep whittling down the market cap while price rises!
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