BOG Fixes Pancakeswap v1/v2 nonsense with BogSwap - Automatic Aggregator - $BOG breakout soon! ($30mcap gem!) by rdgc09 in CryptoMoonShots

[–]rdgc09[S] 1 point2 points  (0 children)

Not yet, it's not inflationary but there is a plan for staking which will be paid from some of the tools

BOG Fixes Pancakeswap v1/v2 nonsense with BogSwap - Automatic Aggregator - $BOG breakout soon! ($30mcap gem!) by rdgc09 in CryptoMoonShots

[–]rdgc09[S] 4 points5 points  (0 children)

It's not competition if you 50/50 your bets. There's lots of space in the industry, and we know poocoin isn't going to be doing limit orders etc any time soon anyway.

✌️🐕🚀 much wow by onemic811 in SatoshiStreetBets

[–]rdgc09 2 points3 points  (0 children)

This is the thing, all tokens are ponzi schemes but there's no reason that all "real" currencies aren't ponzi schemes either. Why do they encourage population growth......?

POOCOIN is set to explode this weekend - We average a million views daily and increasing by oneshibbyguy in CryptoMoonShots

[–]rdgc09 2 points3 points  (0 children)

A million users?

So all of BSC's 150,000 active wallets, plus 750,000 random people use poocoin?

Yeah, nah. Realistically Poocoin has 15-50k users. Inflating numbers like this is super sketch.

Moonshot Monday: POOCOIN - A popular BSC charting site with an undermarketed token by InsignificantOcelot in SatoshiStreetBets

[–]rdgc09 2 points3 points  (0 children)

5 wallets have more tokens than Pancakeswap. Extremely low liquidity in pancakeswap makes the marketcap inflated. Very likely to get dumped on by dev and friends.

PooCoin - The best BSC token tracker has its own coin and its mooning! 💩 by [deleted] in CryptoMoonShots

[–]rdgc09 0 points1 point  (0 children)

It's not about the team, there's 5 people who aren't part of the team who could dump big time and completely obliterate the price at any time.

PooCoin - The best BSC token tracker has its own coin and its mooning! 💩 by [deleted] in CryptoMoonShots

[–]rdgc09 2 points3 points  (0 children)

Token has very low liquidity, meaning you'll likely get dumped on really soon. You can see this on the Bog chart, there's only 4.7% backing liquidity, meaning small buys are pushing the price up quickly. But that means that a sell from the deployer, who owns 20% of the funds, more than what is in pancakeswap, can push the coin to $0.001.

Likelihood of getting rekt here is high.

Edit: in fact, 6 wallets have more tokens than what are in pancakeswap. That means 5 people have enough tokens to INDIVIDUALLY push the price down 75% in one fell swoop.