OptiToken’s trademark strategies of Buy Pressure and Strategic Scarcity can create perfect conditions for price appreciation. As our algorithm trades automatically between the basket of tokens, a portion of the profits created will be used to buy OptiToken on the market, thus providing upward price pressure. Afterwards, the tokens will be sent to an unspendable address and be destroyed, creating scarcity and further increasing value. Above is a graphic representation of how price action would work once OptiToken is being traded openly on an exchange. The effect of this strategy is to nurture a market that has very strong buy support. It also solves an extremely common problem of new ICO’s, that hit exchanges and cannot find any volume. Not only does OptiToken solve this, but uses tokenization in a innovative new way to create a cryptocurrency that has the potential to appreciate, or offer support, in price even in bear markets.
Our test portfolio, that uses the strategies that will be adopted by the algorithm, has been consistently outpacing bitcoin by 40 to 100% since November. You can view the movements live and transparently on our website. Given that the portfolio’s value can increase even in bear markets like the last one, OptiToken’s price on exchanges can grow even when most coins are in the red. This in turn can create serious organic marketing in the form of FOMO, as foreign buyers jump on the the trend of spikes in price.
An ICO will be used to buy the initial underlying currencies and will be immediately put to work trading.
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Optitoken is the first algorithmically traded, hyperdeflationary currency, that derives its value from a carefully curated token basket. Profits from the automatic trading of the portfolio are used to regularly buy Optitoken on exchanges, creating buy pressure and volatile price action. These tokens are then destroyed, creating further value. Our ICO is open to buy the initial token basket. You can learn more about the project here at https://OptiToken.io and on Reddit at Reddit.com/r/OptiToken