Topic: I believe this might be the Binance's new bitcoin - maybe a 1000$ per token - page 2. (Read 263 times)

I don't want to change someone's stubborn stance, but honestly looking at the facts that it's happening what you're seeing is an opportunity for them but for me and probably a lot of other people who understand one thing. A little bit about this market, everyone understands it's worse than a shitcoin .
This market has a lot of different options and opportunities as well as a lot of risks, look in the mirror to see how your best friend has limited vision in this field, while there are many With a bunch of products with the idea of ​​a professional team as well as abundant capital and investors are still looking for a position in the market, many people put their negative beliefs on things that are really meaningless.
Sincerely recommend that you use the capital you have to experience the basic information of this market as well as be more realistic when making any decision, wish you many opportunities than from crypto.

The only burning that matters is when a project generates regular profits, part of which is allocated to lowering the supply. Increasing supply to decrease supply is like sitting in a sandbox and pouring sand from mold to mold in the hope that it will somehow move the entire sandbox setting it on a trip to the moon.

This is clearly the weakness of all of those coins that try to make their project seem more desirable by burning a great deal of their supply, the truth is that if a coin does not really have a use case which it solves by an innovative use of technology then that coin is useless, no matter how intensively their supporters argue against this fact, and for what I can see about this coin the only way it could achieve anywhere near the success the OP wants is if a bunch of speculators invested in it just because, something that I doubt.

XDXD

Who cares? what is the problem of creating a token, generating 1 billion units out of thin air, putting 1 million into circulation, and burning remaining 999 million worth 0$? That's how we got a project that has 99.9% of the tokens burned ... only it's no different than a project that just has 1 million tokens and nothing has been burned.


Ohh so its like you burn 40 of your tokens to get 50 freshly generated from the air. isn't that the same as locking/staking 40 tokens and getting 10 tokens every block as reward? the net result for supply is the same - +10 tokens per block. So the whole project is based on building a POS token (with an additional marketing layer designed to confuse investors) placed on the POS blockchain. So the whole project makes no sense.

https://i.postimg.cc/xNczSQJz/satozhi-coin-jpeg.jpg


Satozhi (SATOZ) is a token that lives on the Binance Smart Chain and implements the world's first full Proof-of-Burn (PoB) protocol. It was launched in March 2021 and named after the founder of Bitcoin, Satoshi Nakamoto. Satozhi (SATOZ) has a maximum total supply of 21 million, with a current circulating supply of 10 million, which means that almost 50% of Satozhi's circulation has been burned using the PoB protocol. The PoB protocol allows users to burn their tokens to get mining rights and rewards. Every 10 minutes, 50 Satozhi are generated as rewards and distributed automatically and fairly among the burners, without any human intervention. Satozhi (SATOZ) aims to solve the problems of resource consumption and inefficiency that plague traditional coin mining methods, such as CPU, GPU, and ASIC mining. Satozhi (SATOZ) also offers various decentralized products, such as Virtual Minting Tool (VMT), which is a unique protocol that enables VMT creators to sell their work not only as a digital item or a single value, but also as a lifetime mining reward. Satozhi (SATOZ) can be traded on several markets, such as PancakeSwap, BitMart, Hotbit, Dodo BSC, and more to come. THE MORE YOU BURN, THE MORE YOU'LL RECIEVE.

CONTRACT ADDRESS TO BUY IT IN PANCAKESWAP----------------->    0xf4341fa52669cea0c1836095529a7e9b04b8b88d
Buying and selling tax fee = 0.1%


current price is around 0.023$ . The devs are about to make the Ethereum bridge and develop its own blockchain which will called "satoszcan" which will be used to create other tokens using satozhi chain, so all the fee tax will be used to burn more satozhi, therefore reducing supply and making the coin more scarce.

Below you can check out the links

OFFICIAL WEBSITE : satozhi.com

BURNING POOL WHERE YOU CAN BURN AND RECIEVE REWARDS LATER: https://pool.satozhi.finance/

TWITTER:  https://twitter.com/satozhiofficial

Official telegram   - https://t.me/satozhitoken

Satozhi Chart: https://poocoin.app/tokens/0xf4341fa52669cea0c1836095529a7e9b04b8b88d

CoinMarketCap link:  https://coinmarketcap.com/currencies/satozhi/

Security checking of satozhi: (PS: LIQUIDITY IS LOCKED FOR 77 YEARS on UniCrypt) https://i.ibb.co/C6c13CW/SATOZ-LOCKED-LIQUIDITY.jpg

Token Sniffer security scan: https://tokensniffer.com/token/bsc/8zs0sf6z9oodf1unokekhbua9xfb6cv0kxh11nhd9qahijxsjuvjudfvgvc2

https://gopluslabs.io/token-security/56/0xf4341fa52669cea0c1836095529a7e9b04b8b88d

With the consistency of burnings and the bull-marketing coming. this token might reach 100$ up to 1000$ due to low supply(just imagine having a 500.000 supply or 250.000 in the future). it is definitely not a shitcoin.

I have made my bets on this project. I've been studying thousands of projects in the binance smart chain world and this one was the most profissional and serious project that can suceeed. and still, we're kind of lucky to be early at this price.

What you guys think? Thanks for reading this long post.