PLSPUP OVERVIEW THREAD ๐งต
September 2023, PLSPUP was launched as an experimental liquidity token.
Designed to move with #pulsechain as a whole like as ETF would.
Liquidity bonded to the major Richard Heart tokens, but also to very speculative tokens such as $atropa and $pdai $pWBTC etc.
Pushing & pulling volume, to & from a massive webs of liquidity pools.
This allows for a non reliance on human traders, and mainly opporates with arbitrage bots rebalancing the prices in each chart $PLSPUP is connected to.
Human trading on this token only accelerates the process. UP or DOWN
This volume is taxed 1% to interact with our token, which goes to:
1- Deflation: 51.5% is going to the burn wallet
2- Pays holders in PLSPUP: According to their holdings
@stridentcitizen My man, you know both aren't gonna make it.
PLSPUP has been out for multiple years and has outperformed cores by a landslide.
It's not even a competition right now with the dog coins
Cyclical reminder๐
Let's zoom out a tad, as it's hard to remember the past sometimes.
March 2024 high
Sept 2024 low (-86.58%)
Regaining ATH in Nov 2024 (Took 252 days)
Currently we are about -68% from ATH and 252 days matches with this upcoming mid Nov 2025
What I'm pointing out is that it may be feeling like a long downtrend, but we've lived the exact same thing in 2024
Also a reminder that the Sept 2024 low wick was caused by the top holder selling at a loss at 4$ to then entirely miss the run to 300$
Pulsechain has an amazingly strong community with extreme potential.
Cheers to all the holders, we've come such a long way!
Let's show strength! ๐ซก
@RichardHeartWin Do you like pups?
I do.
Especially the ones that live on chain.
PulseChain is our home, PLSPUP is part of its heartbeat.
Hereโs to loyalty, wagging tails, and a future where every block brings us closer.
โ ๐พโค๏ธ