A great deal of the time token creators will give “deals” to exchanges to list their tokens. The exchange loads up on the token at a supremely undervalued rate so when the exchange launches the token on their site to the public they have already benefited 1000x what they paid for. Furthermore, whales are often given the chance to load up in presales at significantly reduced prices to add “credibility” as main stakeholders for an ICO. When the token becomes available to the public the whales then make millions ripping money out of peoples’ pockets by releasing their token supply on the open market which usually causes the price of the token to drop, taking the money from the less economically fortunate.. When SHIB was launched in August of 2020 on the ETH network it began with only $3,000.00 in liquidity. There were no presales - no insider whales loading up - no dev wallets associated with the product. SHIB was an open and honest Defi - arguably the first of its kind since BTC. Ryoshi was eventually revealed to be the creator of SHIB, and because of his humility in the world of Defi, no one had the upper hand when it came to buying it. SHIB had to be purchased on the open market, no exchange received an insider payday, and it grew to a $40 billion dollar market cap with a solid community. Unfortunately, as SHIB grew there were many SHIB “brand” tokens created by other partners in SHIB that damaged SHIB’s reputation and set up the investor of SHIB’s tokens in potentially false products that could be seen as rug pulls. Ryoshi publicly denounced what the co-creators of SHIB were doing. youtube.com/watch?v=Ddckrr1VWWE
At 12:04 am on April 26, 2022 TSUKA launched on ETH and it had no tax for buying or selling - no whale presales - no dev wallets, and about $3,000.00 in liquidity. TSUKA is a pure non-controlled Defi. You can see the contract here: tokensniffer.com/contract/0xc5fb36dd2fb59d3b98deff88425a3f425ee469ed
On-chain messages directly from the developer gave light that TSUKA is a sole creation of Ryoshi - I strongly suggest you watch this video if you’ve reached this point, because they explain this better than I ever could youtube.com/watch?v=Ddckrr1VWWE
Reading the chart, a simple trend line on the charts above, (left/right 65min/daily) shows us that as awareness of this token has grown as well as the rumor behind its creator there is a very solid and simple up trend one can follow. With the majority of TSUKA holders not trading TSUKA this trend line should continue to rise and may eventually become parabolic when Ryosi is revealed to be the true creator of TSUKA or a major exchange chooses to list it.. If TSUKA breaks trend that could be a sell signal to some, but to me I will simply acquire more because I completely believe in this product, and can see a very clear road ahead. FOMO has not even begun to kick in, and very few in the crypto world know of the token, let alone where to acquire it. TSUKA is in the humble beginning phase of where SHIB was in 2020 with far fewer tokens to ever be available. For tokenomics: the circulating supply of TSUKA is mostly locked up, but the max supply is 1 billion compared to Shiba’s 549 trillion. TSUKA’s trend line at this time shows a constant and rhythmic acquisition of the token. It is beautiful in its elegance and simplicity and shows growth on a consistent scale. The trend line also shows that TSUKA is not currently tethered to Bitcoin or Ethereum fluctuations, rather it is in its own market at this time.
Because of the way in which TSUKA was released, it can become the next Bitcoin. “When power becomes consolidated, it becomes disingenuous.” - Ryoshi. TSUKA is a true Defi, no one controls it, and the only way an exchange can acquire it is to purchase it on the open market. That could cause a sizeable upward price shock as the token becomes more popular and more desired.
In a surprise interview where Ryoshi was directly asked if he was the creator of TSUKA, he quoted an exact phrase hidden on-chain message.(I am currently looking for this video, it seems to have disappeared for the moment)
Currently SHIB is worth 7.17 billion, if the market cap of TSUKA hit 7.17 billion with the total amount of float currently available it would be around $7.22 a token. But given the 95.41% locked until 2028 TSUKA should aggressively climb once a major exchange decides to buy in. The exchanges would have to market buy. There is no other way to acquire TSUKA. comparemarketcap.com/
13. There is currently no white paper that can be found on TSUKA. Normally that would be a very bright red flag to me with any kind of defi investment. However, because of the nature of Ryoshi, and what he intends to do with TSUKA, releasing the white paper with his name stamped across the top would open a buying frenzy from everyone who knows the name to all the exchanges in the world. His name in the crypto community truly carries that kind of weight, and I believe in due time, and only when it is truly necessary the white paper will be made available to everyone.
Thank you for your time. I will add to this when I can as new news of TSUKA becomes available and relevant. I do believe in time, TSUKA could become the next Bitcoin, as it is a genuinely superior product.
Do your own DD on TSUKA and welcome to the journey and the community. No idea why the Mods took this down before. They also dropped me by two points.
I am long TSUKA and am acquiring as much as I can afford, I believe Ryoshi is the true creator of TSUKA. All of this is my opinion, the shared opinions of others, and not financial advice. Invest at your own risk, and thank you for your time.
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