It’s only been a short 4 days since Introducing the PRECIOUS Token but we don’t muck around here at Silver Gold Stackers and I’m reasonably confident that our active members have had a good opportunity to buy up some tokens if they want them. Thus today I’ve pulled some of those Initial PRECIOUS Tokens off the market and updated the remaining market orders.
Image Generated by AI
On offer there were initially 4 Tranches of 1000 PRECIOUS Tokens, ranging in price from 0.1 to 0.13 HIVE each. The first 2 Tranches completely sold out and there was a little nibble on the 3rd so I’ve cut that 3rd Tranche in half at 0.12 HIVE and cancelled the 4th. I’ve also put in a buy back order for 500 PRECIOUS Tokens at 0.097 to provide a bit of support should anyone decide they want to cash out.
Going forward it would be ideal for the @monsterpit account to be providing some modest Buy and Sell Support to try to add liquidity and stabilize the market against severe volatility so I’ll update those orders on occasion. Overall I think we should be pretty comfortable to have the token trading somewhere between 0.097 to 0.12 HIVE for now.
A huge thanks must go to our loyal members who got behind this fledgling initiative and have been buying PRECIOUS Tokens – Even without the promise of a Use Case (yet). It’s always the generosity and goodwill of the SGS Membership that keeps me motivated to donate my own time and skills to try and add some value here. In some ways it’s been a bit of a leap of faith by those great people but I also take it as a vote of confidence that we’re going to do something cool with the PRECIOUS Token in the near future. Shoutout to @silversaver888, @bitcoinman, @kerrislravenhill, @coinjoe, @maddogmike, @trumpman and @summertooth in particular – You guys are awesome!
In related news, the Airdrop of PRECIOUS Tokens has been going smoothly and you can see on the Rich List HERE that there are now a good number of SGS members stacking up the PRECIOUS Tokens. Today I deployed the Airdrop code to the VPS so that has cleared my laptop for the next snippet of development.