This was not as clickbait to make you think I am talking about Hive or Leo
I am talking about a coin that is built on top of an ethereum fork
Have I lost you yet? Lol
This is a post for people who are interested in cryptocurrencies in general and is intrigued to see how some project/community intends to stand out compared to all the other coins out there
Let be real, there are a lot of scams out there
A lot of poor built codes that lead to vulnerabilities
and some outright nonsense
But there are a lot of genuine projects out there trying to stand out and make it work for them
This is not a shill, this is not financial advice. I am here to share some facts about what happened in the past, and try to put into my words why the coin has had the success it currently has.
Look at that chart.
This is the power of PTGC
Tomorrow I will post about the whole ecosystem. There is a lot of power behind this token. A lot of tokenomics designed to benefit holders.
The idea behind the token is unique. The low fees of Pulsechain allow this project to carry on strong. The founders have said multiple times they wanted to launch something similar for a long time but they couldn’t do it on Ethereum.
PLS is the native coin for pulsechain, just like ETH is the native coin for ethereum
Some people like to stack sats ( satoshis) some people like to stack ETH, we like to stack hive power and HBD, and my fellow #silvergoldstackers love to stack silver and gold, but there is a large community likes to measure in PLS so they stack PLS
which is why this chart is super exciting
Thats right, pTGC recently hit 1:1 parity and quickly jumped up to 1:2.31 pls
This is huge for people who are bullish on pulsechain, which is a 3x away from its base $1 for 10,000 pls sacrifice rate (that is a whole rabbit hole on its own if you have no idea what that means)
The idea behind this token is:
- give holders yield
- buy and burn tokens
- buy and build liquidity
I am realizing as I am writing this that this post needs to be way longer than its going to be
So I will keep splitting up some of this outside crypto posts to make it only for people who are interesting in the subject, the last thing I want you to do is blindly buy into something just because I am sharing why some people are bullish on it
So I will start using the #ssjcrypto tag to filter these posts, sorry if anyone else is using it already but I am hijacking it lol
Tomorrow I will go into why PTGC has performed so good since launching around a year ago, what mechanics are driving this growth and hype, and what are the other tokens in its ecosystem :)
Should be a long post, perfect for a Monday/Tuesday :)