[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance


View post   

File: 14 KB, 228x190, Sumo Logo.jpg [View same] [iqdb] [saucenao] [google]
6047334 No.6047334 [Reply] [Original]

>Monero fork with increased minimum default RingSize of 13 compared to 5, increasing security
>Miner friendly, with distribution inspired by real-world mining production such as crude oil, coal. etc, giving the the coin longevity
>Limited max supply of 88 million, making the coin deflationary with guaranteed price increase over time
>Ranked 400, with a market cap of $20 million, 350x smaller than Monero's $7 billion, giving plenty of room for growth
>Great team of developers that have met all their milestones so far on their roadmap, with an updated roadmap coming soon

Get in before people start hearing about this and XRB level hype starts.

>> No.6047594

Bought a couple of days ago and plan on holding for a while, devs have done a great job so far and the community is very active. Its ridiculously undervalued right now.

>> No.6047921

>>6047594
Good idea to keep this as a long term hold. I've been in crypto since 2013 and this is one of the rare occasions where a coin is legitimately undervalued. When I heard about it I expected it to be top 200 minimum. At that market cap we're looking at over 10x gains easily.

>> No.6048041

Just change the name every coin with "coin" in name is bound to lose.

>> No.6048382

>>6048041
I agree that the name isn't the best, but rebranding isnt out of the question. RaiBlocks are rumoured to rebranding to Nano, and AntShares rebranded to NEO, both after they had high price increases.

>> No.6049001
File: 272 KB, 680x636, 1514508440669.png [View same] [iqdb] [saucenao] [google]
6049001

>>6047334
Just spotted this shit a few days ago and flipped the switch on 2/3 of my mining hardware over to SUMO

>> No.6049070

why do they have to shill this coin so much here? the coin itself looks pretty decent but getting it shoved down my throat is offputting

>> No.6049247

>>6047334
It's pretty great. X10-X20 in a few weeks easily

>> No.6049309

>>6047334
they're a shitcoin fork, their github is exactly the same as moneros. all they do is copy.

>> No.6049949

>>6049309
That isn't necessarily a bad thing. It's a tweaked Monero clone with easy mining and a $20 million market cap, I see that as undervalued.

>> No.6050155

i like this coin. would buy more but would wait after the ongoing pump...

>> No.6050494

Whale activity spotted on Cryptopia, sell walls are being torn through, and there's a buy order for 250k worth of SUMO.

>> No.6050523

>>6047594
thanks bought 100k

>> No.6050836

>>6049949
This is true. Who fucking cares.

>> No.6051225

I think people will migrate this shitcoin when stealth addresses get started.

Buy now but sell this crap when it moons 5x. There's better privacy coins out there.

>> No.6051789

>>6051225
>There's better privacy coins out there

Like what? I see Monero as the best privacy coin, and Sumo is a fork of it with features that arguably improve it.