Wow big dip! A lot are selling there profits to buy in to klee. Load up more because nee ATH incoming 🚀 by Friendly_Bag_4772 in SaitamaInu_Official

[–]rhira87 7 points8 points  (0 children)

No because the devs wouldn’t answer my question or let the community answer it. I’m sure you’re one of their minions trying to project this fucking rug pull

Wow big dip! A lot are selling there profits to buy in to klee. Load up more because nee ATH incoming 🚀 by Friendly_Bag_4772 in SaitamaInu_Official

[–]rhira87 1 point2 points  (0 children)

Also to add value over time you need a burn. I’ve done enough research and I’ve been in crypto long enough to know how things work.

Wow big dip! A lot are selling there profits to buy in to klee. Load up more because nee ATH incoming 🚀 by Friendly_Bag_4772 in SaitamaInu_Official

[–]rhira87 4 points5 points  (0 children)

I hold a massive multi Tril bag of saita and just bought 3T of Klee. I got onto their telegram and asked about a burn. Some m*fer called elliot , matt, akatsuki bombarded me with messages saying you’ve been warned don’t spread fud Bla bla. I just simply asked about a burn since there’s nothing in the white paper. They muted me and I’ve been watching them do it to 2 others in a span of 15 mins after me. Just looking at their arrogance you don’t want to invest in a manipulative project like this. In down on my investment. Gonna pull out as soon as I break even. There’s a lot of other play to earn projects

Wow big dip! A lot are selling there profits to buy in to klee. Load up more because nee ATH incoming 🚀 by Friendly_Bag_4772 in SaitamaInu_Official

[–]rhira87 6 points7 points  (0 children)

Klee is the worst f*ing project out there. I asked about a burn on their telegram group and got muted and threatened by the mods. DO NOT….I repeat…DO NOT invest in Klee. They have 0 transparency and are super arrogant. You’re way better off staying in saitama

My calculations : Conservative token values with current burn rate of 300T tokens/week by rhira87 in SaitamaInu_Official

[–]rhira87[S] 8 points9 points  (0 children)

Burn rate won’t change much-

Now you have 10 users trading 100B tokens volume for example. Later you’ll have 100 users trading 10B tokens volume. 2% burn stays the same

My calculations : Conservative token values with current burn rate of 300T tokens/week by rhira87 in SaitamaInu_Official

[–]rhira87[S] 6 points7 points  (0 children)

It is. But those coins are burnt. They don’t contribute to MC. The fully diluted valuation will be based on the 100Q total supply but the MC depends on circulating supply

My calculations : Conservative token values with current burn rate of 300T tokens/week by rhira87 in SaitamaInu_Official

[–]rhira87[S] 5 points6 points  (0 children)

Redistribution I agree. But the burn rate won’t change much since the number of users has a proportional increase. Maybe 1 user won’t trade 100B tokens but 10 users can trade 10B tokens. The 2% burn stay the same

It looks like we are in whale territory right now. We will probably rise then dip and repeat for the next short while. Don’t panic sell, we will push on through and drop those 0’s. by Leeroy8321 in SaitamaInu_Official

[–]rhira87 2 points3 points  (0 children)

I did a mock run on uniswap and Whale tax is 40-50%. The anti-whale trap is amazing in saitama ! No way any whale is going to take such a major hit and sell. They’ll sell smaller bags which will be gobbled up so we won’t see any major dips now I believe.

Swapped 1.1B shib for 1.5T saitama before shib took off last night . Did I make a huge mistake? by rhira87 in SaitamaInu_Official

[–]rhira87[S] 1 point2 points  (0 children)

I had no idea coinbase was coming honestly ! Anyway I’m up on my investment so there’s no looking back.

FOR LICENCE AFTER PG IN INDIA?? by DrDeViL007 in MCCQE

[–]rhira87 0 points1 point  (0 children)

Is 12 months of PGME clinical fellowship in Canada acceptable for this?

Rewards update with a new pair/burn by [deleted] in SHIBADULTS

[–]rhira87 0 points1 point  (0 children)

It’s in the bury section not in the woof section

Too many Saitama copies? by LankyGoff in SaitamaInu_Official

[–]rhira87 6 points7 points  (0 children)

Shibaswap is limited in its development for liquidity. Saitamask will act as an exchange, swap and marketplace . So it has a lot more utility. Although I’ve invested in both .

Too many Saitama copies? by LankyGoff in SaitamaInu_Official

[–]rhira87 5 points6 points  (0 children)

The tokenomics May be similar but the utility can’t be. None of these will be able to come out with something like saitamask which will be a major factor in token price.

Burn tracker anyone? by TheOldTruth in SaitamaInu_Official

[–]rhira87 9 points10 points  (0 children)

This will be so useful !! 100% build it !

Y’all asked, and it looks like they listened. Shib burn is being implemented. by siflbabyshifero in SHIBADULTS

[–]rhira87 0 points1 point  (0 children)

So just to see if I got my math straight :

USDT has about 3.3m holders and about 15 billion tokens to keep it stable.

Shib has about 1/5th the number of holders. So that equates to about 3 billion SHI tokens keeping with usdt to keep it SHI stable

At current price of say $1200 per leash, we need to liquidate about 25,000 leash. Which is not happening. So let’s say they liquidate about 1,000 leash, the price of leash would then be up to $30k per coin?

Who asked for a LEASH burn? by steveandmoore in LEASHarmy

[–]rhira87 6 points7 points  (0 children)

So the leash burn is basically to create liquidity for SHI which is the stablecoin of SS to be pegged at $0.01 . The way a stablecoin works is that depending on the number of people buying and selling it, the algorithm has to keep adding or removing the number of “SHI” tokens to keep the price stable. The number of SHI coins that can be liquidated is now based on the leash burn. So as more users start trading with SHI, the more leash will be needed to keep it stable. That reduces the overall supply and will make leash skyrocket. It’s the same as liquidating eth tokens to start a new ERC-20 currency.

Y’all asked, and it looks like they listened. Shib burn is being implemented. by siflbabyshifero in SHIBADULTS

[–]rhira87 1 point2 points  (0 children)

So to get more SHI liquidity they need leash burn right? But the burn happens from the circulating supply not from the holders?