Hi friends
Although I have a big bag for my self (over 1% of the supply after the recent burns) I decided to get a smaller decent one for vventures.
I am talking about $gifu, which is a bsc token that describes itself as "memetility", combining memes and utility. The utility comes from their team approaching other tokens and making cool gifs for a price of course. Gifs like this one
I don't know what I will do the bag yet. Maybe flip half of it or even buy even more we will see.
For now I just hold as team @gifu appears super active. They already have a deal with sps and the bbhproject (each partnership gives money to gifu and part of that money goes to token burns) and they have also announced a deal has been reached with another project. The initial supply was 1 billion and since there is no inflation now it's down to about 950 million tokens.
They also recently preannounced a one time of thing nft and judging from the comments there's plenty of interest! That will burn some tokens as well
Yesterday they also announced how they made a small investment in the rug token by ssuk and how they will use the weekly divs from that for further burns!
Price is still super low and I believe the risk to benefit ratio is really good at this point.
@raymondspeaks has a really good track with his tokens so maybe it's something you want to look.
If you decide to invest just search for "SWAP.GIFU" on hive engine or beeswap. There's a pwr/hive pool too :)
For more info visit the following official hive accounts:
Gifu on bsc