Altcoins Talks - Cryptocurrency Forum
Cryptocurrency Ecosystem => DeFi tokens => Topic started by: locodev on April 19, 2024, 12:24:25 PM
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In this thread, let's discuss the prospects for the development and success of tokens with initial micro liquidity, with an initial liquidity pool value ranging from 100 to 300 USD.
Do you think this can succeed? Can such a token be promoted to large scales, for example, to 1M USD? How do you envision such development, and what must this token have to increase its value?
I intend to try this out with my $SURFER token. Since the presale isn't going well, I'm not giving up. In a few days, I'll open an LP on the Pancakeswap DEX. If you'd like to contribute, please visit (surfer.lo)l or check out the details at Twitter @surferchadbnb.
I know that a newly opened pool will appear in the DEX rankings - I plan to buy a lot of tokens at the start and burn them.
I want to lock liquidity and burn the remaining tokens, so the circulation will be 100%. I'll set a small 2-3% fee on buying and selling, which will be funds for subsequent BUY-BACK BURN. I'll promote the token on Twitter and Telegram.
I hope that live dex charts and PancakeSwap rankings will encourage people to buy some tokens, causing the price to rise by at least 200-300%, which will boost further rankings. This will allow for fundraising from fees and the subsequent repurchase of tokens and price growth. And so on, step by step. I'll immediately submit a listing request to CoinGecko. It will probably take 2-3 weeks from submission. I hope that during this time, we can organize a community and the market cap will increase significantly.
In addition to this, I'll add more options to the Surfer dapp, like lotteries and rankings.
How do you assess such a plan? Do you think it can succeed? Do you have any ideas for what else to do?