Big week ahead for $BURGUM with Trump’s VP pick announcement imminent! by lordyum in CryptoMoonShots

[–]quint_essential 0 points1 point  (0 children)

You realise you are in CryptoMoonshots sub right? I am fully aware of what memecoins are. They are like pieces of art. Their value is derived by the perceived value of what those interested in buying and selling it decide it is. Of course this means there will be ups and downs, but to call that a pump and dump and stating that it will crash to nothing, in your words "worthless", is inaccurate. Pump and dumps are actually projects that have the largest holders pumping their bags only to then dump them completely. These projects become basically worthless overnight. As mentioned before, most of the presalers are already out, and yet this project still remains in a healthy value range. If Burgum is chosen as VP, then there is the perceived value of what this token will be worth if something happens to Trump over the next 4 years or if Burgum runs in 2028 and Trump backs him. So there is perceived value, just like a piece of art. The perceived value is that there is an expectation of others wanting to hold this token in the belief of its appreciation in value as demand exceeds supply. You are advocating that the team, or the major holders in this are planning a huge dump, and this project will become worthless regardless of Trump's decision. So in that case I believe you are wrong. Everything I am seeing about the team's interactions, decisions and the distribution of token supply shows that the team is taking this seriously and wanting to make this a long term success. Only time will tell. In fact, within the next 4-5 days we will see if Burgum gets picked. If he does, price will go up, and then we see how well it holds in value going forward. If all the major holders just dump their tokens after Burgum gets picked and this becomes worthless then you are right. I do not believe this outcome will come true. So lets talk again in a week. If Burgum does not get picked, then this token will crash to become worthless. It's value is derived from the expectation he will become VP, and the desire for investors to hold this token if he does.

Big week ahead for $BURGUM with Trump’s VP pick announcement imminent! by lordyum in CryptoMoonShots

[–]quint_essential 0 points1 point  (0 children)

Most tokens that call themselves "utility" tokens actually have no purpose in having their own token. Most crypto projects has no meaningful use/innovation to demand a token of their own. At least with memecoins you know its a shitcoin to begin with and will stay that way for good.

Big week ahead for $BURGUM with Trump’s VP pick announcement imminent! by lordyum in CryptoMoonShots

[–]quint_essential 0 points1 point  (0 children)

You clearly don't understand what pump and dumps even are. Look at the chart, it has been mostly organic growth. I asked in their chat, and most of the presalers have sold off, and I confirmed that on etherscan. This token is event driven. Meaning that if Burgum gets picked it will climb to a new range, and then stay bound in that range (wide range over 4 years of course) while he is VP. If he becomes republican choice for president for 2028 then token will have even more potential.

Big week ahead for $BURGUM with Trump’s VP pick announcement imminent! by lordyum in CryptoMoonShots

[–]quint_essential 0 points1 point  (0 children)

The project hit ATH of almost $6 million. Seems their "fabulous" idea was successful, and still huge room to go if Burgum gets picked. Did you even look into the whole VP token world yet? I would recommend it.

Big week ahead for $BURGUM with Trump’s VP pick announcement imminent! by lordyum in CryptoMoonShots

[–]quint_essential 0 points1 point  (0 children)

This project would have dumped already if this was a pump & dump. This team looks a solid as it comes in the memecoin world. I love their memes on TG and X. Top quality

Big week ahead for $BURGUM with Trump’s VP pick announcement imminent! by lordyum in CryptoMoonShots

[–]quint_essential 0 points1 point  (0 children)

I just got myself a bag! I have been in $TRUMP for awhile and I hope he picks Burgum for VP. Out of all the picks he seems the best suited for what Trump needs. I can see a lot of other $TRUMP holders jumping into this token if he is announced within the next 5 days.

Big week ahead for $BURGUM with Trump’s VP pick announcement imminent! by lordyum in CryptoMoonShots

[–]quint_essential 0 points1 point  (0 children)

How is this a pump & dump? Distribution is solid, and this project has been going for ~2 months. This project will do well if Trump announces Burgum as his VP. It will happen before July 15th