@spacelover019@LordWinnyG@moontropica Agreed, the most thin skinned team and they won't grow a strong community if they cant handle legitimate criticisms going forward. Their loss.
@38Elegance Explained in a blog, but didn't update WP on new max supply. This is basically money printing. Does not mention anywhere on X. Explaining on telegram is not adequate for such a big move.
$CAH Looks like Moon Tropica blocked me for replying to people on their post asking why the price was falling. I merely stated that developer was increasing the max supply 10x...so from 3.5 million to 35 million. Shady project and developer. Took the L on this one and reallocated elsewhere.
@0xFehu Agreed and got a block from moontropica for just replying to others about the increase in supply, so you can probably expect to be blocked as well in time for mentioning the shady increase
@__VitruvianMan@moontropica check the coinmarketcap for CAH, the supply is increasing magically by 10x. No more confidence in this project after seeing that
@KieferDuffy@moontropica 10x to the max supply soon, be careful holding this as it seems they can magically increase it seems. No more confidence in this as I bought because it had so few tokens.
@natecryptotalk@moontropica People selling off because max supply is magically increasing from 3.5 million tokens to 35 million tokens based on coinmarketcap.
It has almost been a full year since I last posted on X, but I feel like I should at least post about where I am in my crypto journey prior to potentially the biggest crypto bull market we have ever seen.
I still feel like TitanX will have it's day in the sun again, but after doing my research and observing the craziness in other crypto projects(TRUMP and AI projects come to mind), I have sold all my titanX a few weeks back and redistributed to be closer to the eye of the storm.
I wouldn't say I am fully out because I am still waiting for my ORX mint in October and I still hold my Shogun bag. However, I believe my decision to jeet my bags was the right call because the value of my titanx bag would be worth half of what it was at the current prices. Usually when I sell, it signals the runup in the crypto I sold, but I guess this time, it was the right call. (watch TitanX go nuts now and feelings of regret bubble up)
What were the reasons for selling my TitanX? (None of this is financial advice and just my opinion)
1. When I was frolicking in the land of milk and honey during the past month (i.e. AI projects), I was doing my DD on AI agents and saw so many agents on https://t.co/H89qfxLtcQ soar in terms of mentions and holders. The demand was insane and while observing that ecosystem, it really hit me that titanx is struggling to even break the 20k holders milestone. Some AI agents would take a few days or a week to eclipse that milestone. One of my cryptos is already at 50k holders and only a 6 million mcap and it launched at the end of October 2024.
2. One AI related crypto has crazy tokenomics (10 million max supply) and is burning 1 million of its supply within a few weeks. It already burned 500k of its token and will finish the 10% burn in the next 4 weeks. Yet, the market is barely shrugging at this and it is still sitting at a 5.6 million mcap. Compare this to titanX with 100 trillion circulating supply. I think you can read between the lines on this one.
3. I saw one of TheVerse's youtube videos a while back and the argument was made that the big runup to 5 zeros was all due to the buy and burn being turned on and as soon as the spigot was turned off, we fell back to the doldrums of the 6 zeros area. This was a spot on argument when looking at the charts. Now, in my opinion, I think Jake won't turn on the buy and burn again until Eth at least doubles to around 6kish, which might not really happen for 1-2 months. This is because having that buy and burn balance grow does a lot for the marketing side of titanX. Plus, I believe Jake follows the philosophy that lettuce hands(like myself) should get jettisoned from the ecosystem. Unlike the rest of us, the builders can sit tight on those genesis wallets and let the price go even lower so that all the protocols can eat up the titanx supply even faster. Let the machines take over, right?
4. I distinctly remember that one livestream with Jake way back in the day and he admitted that the early bonus for miners really inflated the supply more than intended, and he wished that he could tone that bonus down. I still remember being surprised when I claimed those first miners and how much titanx I got. I feel like all those protocols to buy and burn the supply since then was to rectify this unintended consequence.
5. I thought Shogun would be Jake's masterpiece (his own words in livestream) but it seems like it barely moved the needle and didn't even outdo volt. Then we had that big volt whale jeet his own bags. So if Jake's self professed biggest hit barely registered on the geiger counter, what are we looking forward to next? AI agents on titan X? Orx and usdx?
With that in mind, I am making a play that even lower prices are in the cards so that we can hurry to the land of green candles. The marketing can take care of itself at that point. I am hoping to make multiples on what I redistributed from selling titanx and then use a fraction of that to get my original bag back. One can only hope right? I guess I am truly a degen at heart and a fanciful dreamer.
May all your plays work out as you intended friends! Cheers!
@Owl_of_Atena@mrJackLevin I have been watching and collecting my xen mints. Collecting everyday till February 2025. But my titanX bags have blown my investment in xen out of the water and titanX isn't even hyperdeflationary yet. I sold off my vmpx months ago and bought other crypto with it.
#TitanX Haven't been posting a lot lately, but have been in the background reading telegram, X, and watching youtube streams. Sometimes it is better to just listen and not say the first thing that comes to mind.
Just a reminder that January and February inflation of titanX is almost as large as the inflation from August and September (280 day miners), if you count up the numbers on Dune analytics. I distinctly remember many observers who don't own titanX saying the 280 day would be our doomsday.
So yes, we are going through our trial run of our "doomsday" scenario. TitanX price will continue to stay low and maybe go even lower. Mining activity has fallen and payouts are depressingly low. ETH is crashing and might see sub 2k levels. This moment is the trial by fire that every Titan needs to get through. That saying, "It's always Darkest before the dawn" seems pretty applicable right about now.
I won't be going into the positives of TitanX because that would be shooting myself in my own foot. I sniped a bag some time back thinking I was getting a bargain at .00000119. Little did I know that much juicier targets would be in range now. Switching to the shotgun approach now.
I'm sure you can read in between the lines and understand my current sentiment.
See you on the other side.
#TitanX Watching my staking payout drop so fast a couple hours away from the 28 day payout, I think I am crying uncle and tapping out of staking henceforth.
I was always compounding my staking payouts to make more miners up to this point and was planning to boost my staking share rate for these upcoming big payouts. Now all I am doing is focusing on getting as big a bag of liquid as possible and collecting from my miners.
Why do I get a feeling that the reason why price held up well on the biggest inflation day so far, is because the sellers are waiting to sell after DragonX deploys the eth from the payout? Because it doesn't make sense to sell your bag if you know a pump is coming.
Honestly, it is a bit disheartening to look at the big amounts of Eth in the payouts, knowing that it will only be left for DragonX and the whales remaining. I guess some good things never last.
I fondly remember that first 8 day payout of ETH. When I collected that ETH in my wallet, I immediately made more miners because I wanted more TitanX to stake. It was amazingly addicting. I no longer have the same inclination to start more miners to keep up my staking share. In a way, it is a relief because I think I was sinking way too much to compound. I will just have to be happy with what I have so far and my mining ladder.
With that being said, I hope there is a protocol coming to titanX that emulates that same adrenaline rush I got from ETH payouts. I have a feeling there will be.
#TitanX Honestly, just read the Helios WP and gotta say the idea of it is cool to generate more TitanX, but I think DragonX kind of crippled its chances because they got the early lead on taking over the staking pool already. Unless the TitanX genesis wallet will also pump up the Helios treasury with TitanX to stake? Maybe then it might have a chance. Just throwing first impressions out there, might change after first interview with founder with an influencer.
Helios also kind of sounds like a direct competitor to Hyper? I do like the fact it will give burn bonus for TitanX miners.
Hyper for liquid needs to release asap or somehow activate the burn pool because Titans might wait to create miners until they get that 8% burn boost to miners created. So even with price increase, Titans might wait to mine until they get that full burn bonus.
Just some food for thought. NFA and just my opinions.