I am really optimistic about this coin, but it is not available on Binance. It is a platform coin with a current market value of 1.6 billion U and a current price of 3.85. The daily mining dividend is at least 400,000 U and is destroyed every quarter. It is the first this year. I estimate that the quarterly destruction will be between 5 million and 6 million. Since it is a bull market, this market value is lower than the market value of each new coin on Binance. I bought 5,000 coins and wanted to buy 10,000 coins, but it was really If you can’t get the money out, forget it and sell all the stocks and funds tomorrow. Just invest as much as you can. If you don’t go all out, you don’t know how much potential you have. Try to get 10,000 coins, just like Just like when I bought BNB years ago, if I don’t do something when I meet a girl I’m attracted to, I feel like I’ll regret it for the rest of my life. Why are you optimistic about it? Like BNB, it can be mined continuously. New coins are mined every day and then destroyed by deflation. Now that the bull market is going, it will be destroyed even more. Another thing is that it does not support mainland users. I can’t imagine it. It is estimated that the day it will support mainland users’ transactions will double, which is why it is underestimated. Of course, there are some people like me who are thinking of ways to do it.
I like the platform currency because the first pot of gold was earned on HT. Although I lost all my money in the stock market, the platform currency is backed by the platform, and the platform can continue to empower the platform currency.
1. Up to now, all the old platform coins have been circulated. Even those with locked positions will not flow out into the market. There is no particularly large selling pressure;
2. Platform coins have practical application scenarios. The most common one is the reduction of handling fees. The amount of platform coins you hold can give you a discount on the handling fees, or you can use the platform coins to deduct the handling fees and give you a discount. This is a real money discount for you. .
3. Deflation. Most exchanges will use part of their profits to repurchase platform coins for destruction. In this way, nothing can be seen in one or two quarters. But if you look at it after three or four years, you will find that the circulation volume has been greatly reduced. Take BNB for example. , an average of 2 million BNB are destroyed every quarter. The total amount of BNB is now 150 million, 1.3% is burned every quarter, and 5% is burned a year.
4. New currency mining, this is a disguised dividend for everyone. The annualized income is usually more than 20%, and it is the kind of dividend that does not exclude rights and does not deduct taxes, which is much more fragrant than the dividends of A-shares.
I think newbies or people who don’t have a deep understanding of the currency circle can start with platform coins, because platform coins are simple. They don’t paint a big picture for you and say what kind of applications they want to have and what they can do in the future. It’s very simple. Whether it’s fee reduction, destruction, or new currency mining, you can check it directly from the exchange. These are all things we can see and touch. I don’t think Binance can do this well. Great, there is no separate menu to introduce BNB. Like other platforms, there is usually a column to introduce their own platform coins.The platform currency is particularly friendly to those who hoard coins. New coins are constantly being mined, so you have new funds to operate without having to add money yourself. Now the u premium is huge and troublesome.
The last point is that there are far fewer pheasant exchanges now than during the 2021 bull market. I remember that during the 2021 bull market, there were people selling exchange source codes everywhere who could help you deploy them. At least I haven’t seen any bloggers now. Taking the initiative to attract people to Pheasant Exchange, there are currently no more than 10 famous exchanges that survive, which shows that exchanges are also a scarce resource.
Let’s talk about two shortcomings of platform currency. Platform currency relies on the platform. If the platform runs away or has a thunderstorm, the platform currency will also return to zero. And now the SEC is suing CZ, which involves the platform currency issued by the exchange, which is currently the largest short-term A thunderstorm might be able to cut BNB in half. #BTC #BNB
