/biz/ - Business & Finance

>>24986819
>7b valuation
>literally states $818m in the image
Keep coping brainlet.

true this is one of the biggest coordinated pumps and dumps in crypto history. Binance ,Coinbase and VCs should be nuked

>>24986887

Fully Diluted Valuation
$6,448,288,634

>>24986819
Reminder:

This was a group of (well paid) shills with prepared memes, numbers, and a plan to spam during the mass listing event

their job was to promote a coin that venture capitalists were rewarded with at .003 cents, and dump it on the normies at a 12 cent listing price for insane gains, and then keep the pump going as long as possible while normies flooded in to provided liquidity

it worked pretty damn well, but like all pump and dumps, even the most wildly successful ones run out of steam

the shills fucked off and now thats left are a bunch of bewildered bagholders trying to sustain their own threads, but lacking the psychotic energy of a paid shill riding a 20x from dumping their tokens

>>24987063
who were the paid shills

say their names

you had 3 days

>>24987188
Kek. I’m holding but it does have to dump at some point I can’t imagine this keeps up even another 3 days.

I made money with this and obviously many people did. But I hope the guys ending up bagholding will contact the SEC after this loses steam so VCs, coinbase, binance can be looked into.

Starting to wonder if all those trades on Binance are even real, or if they're just wash-pumping this up

>>24987351
https://www.nasdaq.com/articles/web-3.0-infrastructure-blockchain-the-graph-now-live-on-ethereum-2020-12-17

>>24986819
>he fell for the FDV meme

NGMI

>>24986819
> using cmc and not coingecko or dext
Your opinion is invalid

>>24987158
SETH RICH

>>24986819
Absolutely insane. I don't think I've ever seen anything like this and I've been in crypto since 2017. Reminds me of that XVG pump in late 2017.

>>24987030
why do people care about fully diluted?
there are coins out there with infinite supply
wtf?

>>24986819
your point? as long as it gets me rich I have no problem riding the tailcoat of some jewish elite

>>24986819
Does cmc lie about circulating supply? If you go to etherscan the amount currently in private wallets is much higher, closer to 4B supply, what gives?

>>24986819
this is exactly how all IPOs work. retail buys insiders' bags at a huge multiple on day 1. welcome to the world of finance

>>24988245
To answer your question, I am going to use your question back.

Why don't coins just always have infinite supply instead of having a finite one?

>>24986819
Yeah they have 10% of the token. How much is it Sergey got . is it 60% ?

>>24988492
its not because this coin will "inflate" in 6 months that it will stop people from buying in now
the logic of accounting for future tokens in itself is retarded
chainlink still reached 20$, it was worth nearly half eth's entire market cap at the time
THAT was an anomaly, not because of diluted, but because of circulating
if you think this thing isn't going to pull a chainlink 20$, just dont buy, what happening now is in no way an anomaly

>>24987158
Hello sirs I demand to know who were these shills. Say their names so they will feel the wrath of Vishnu

>>24988212
Reminds me of BTT and MATIC in 2019 when IEOs were the thing of the month. Same face melting gains at listing, same obvious exchange-aided fake volume and buy pressure.

if only you could sell the token before the VCs (who are locked in for 6 months due to ICO restrictions) dump the coin...

OH MAN IF ONLY SELLING BEFORE THE 6 MONTHS IS UP WAS POSSIBLE...

>>24988846
imagine being unaware futures contracts exist for this coin

>>24988792
>Matic
>check coingecko
>its highest mkcap in 2019 was 100mil
>the highest volume EVER was 600mil
>and the previous day was 100mil
>and the next day was 300mil
the absolute state of comparisons with these fudders, you can't come up with a SINGLE coin that performed like this

>>24988212
I remember the xvg pump, it was one of the few times I sold the actual top. This is way different, iirc xvg pumped then because of the pornhub partnership we all knew wouldn't have staying power. Grt on the other hand is actually already used by most dapps and has no competition. This is just the beginning.

>>24988905
Imagine being me, who bought at the bottom at sold at 0.75 while hold a non poorfag bag. Either way I don't care I already exited GRT with 20k in my pocket. Feel free to keep fudding the coin, I'm taking my earnings and buying land.

>>24987030
....so? that's like saying i'd have a million more dollars if I had 500k $2 apples.
>the apples just don't exist yet
and guess what, the act of more than tripling your outstanding supply will have an effect on the price, and therefore market-cap.
STOP. BUYING. PAJEET. SCAMS.
BTC/ETH/XMR IS LITERALLY ALL YOU NEED TO RETIRE EARLY.

>>24989675
okay I'll be waiting for your cope post after we hit $2