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I have a lot of respect for Michael, because by the end of the day, he provides people with a strict playbook.
But as an engineer that worked for a decade in financial instruments, implemented Market making algorithms and infrastructure, build exchanges both centralised and decentralised, I can tell you with 100% CERTAINTY that there is ONLY VOLUME, there is nothing else than VOLUME. MARKET VOLUME and only MARKET VOLUME drives the price up and down.
Price goes into the direction of the least resistance. What is the resistance? Limit orders. Market volume either gets absorbed or eats the liquidity in the books. There is nothing else, there is no smart money, they don't hunt stoplosses, there is no "THEY". It's you, me, and some nerds that provide liquidity to keep the market going.
I’ve had a few people come into my DMs with questions and concerns about the "0.1% daily minted tokens" from the Controlled Token Emission (CTE) model of @zcombinatorio from the quoted post and I will address this publicly.
Firstly, I’d like to clarify that the 0.1% will be minted off the initial supply of 1B, and not the concurrent daily token supply (I’ve confirmed this with the team on Discord). This means we will have 1M tokens minted daily for all tokens launched on the @zcombinatorio launchpad.
Secondly, regarding dilution concerns due to the increase in token supply from the 1M daily mint — dilution practically wouldn’t be a problem. The tokens minted daily can be staked, burnt, used as incentives for active community members, or even used as a funding source for project advancement.
To put this into perspective:
1M tokens daily = 365M minted yearly, which equals a 36.5% increase in supply per year,
It would take 2 years and 7 months for any token launched on @zcombinatorio to reach 2B tokens (2× the initial supply).
For context:
$XRP has a total supply of 100B and a circulating supply of 59B — and we don’t hear dilution complaints.
$SHIB has a total and circulating supply of 589T, yet supply concerns aren’t the main narrative.
With the above two contexts of both a Utility coin and a Memecoin, it’s clear that @zcombinatorio doesn’t really face a dilution issue, since a token’s market cap isn’t determined by supply alone.
The modeling pattern of @zcombinatorio is unique, and the tech actually works.
ztorio.