SmartBCH Market Now Offers Fifty (50) SEP20 Tokens!

It is growning so fast that maybe soon @webeli will need volunteers to help with sorting out the listings on marketcap.cash!!

50 tokens already!!!

Congratulations to everyone. The developers, those that believe in Bitcoin Cash and in SmartBCH and to this amazing community that supported and believed this was possible.

Although, we should not expect to make money fast and invest recklessly. And there is another part, that most tokens do not serve a higher purpose, at least not yet.

At least most of what we have is honest, well we have some that may not have been honest, but this is something happening in crypto, and I don't write this to condone the thiefs, it was simply always there.

But the growth we have anticipated for too long maybe will finally reflect in the price of Bitcoin Cash and we can escape this downtrend, especially the one comparing BTC price.

New SmartBCH Tokens

We have new tokens, maybe two or three appearing every day! Let's find the latest submissions that marketcap.cash incorporated recently.

• MoonMoonMoonMoon (🌙🌙🌙🌙)

OMG!! Just look at this chart! This is definitely a moonshot!

This thing started to trade at $1 and made it all the way up to $200 in just a day! This was possible because of the very low supply of this token (just 1000 tokens) and a buying pressure by SmartBCH investors and community.

Congratulations to Moonx4 and to all the participants that bought. I think, this one, can still reach a higher price, as from what I read, nobody is selling their moonx4 but hold instead!

Interesting that this token has no use case but acts as a meme, although, I would advice to start creating some memes with moon involved, just to make it count. Maybe act as a BCH hype token. Although, from what I am reading, BCH is about anti-hype so perhaps don't!

• Incinerate & Volcano

Two deflationary tokens. I have seen what happened to the deflationary market. It was one great idea (BOMB) and a hundred copycats.

I remember there was a token called Incinerate years ago in Ethereum. It was about 50-60 deflationary tokens, almost all of them just there for the hype. I don't support these type of tokens since they will always lose appeal and become worthless.

As Bomb token suggested back then, it was an experiment. One that after two years failed and it was always going to fail. A token that offers nothing but just burn process don't have a lot to offer.

By all means, this is investing advice, consider it to be like that. Because many tokens in Ethereum were worthless and investors lost a lot of money, and I don't want to see hype in unecessary versions of Ethereum tokens in SmartBCH.

But this is the same for the moonx4 token. It has nothing except giving an opportunity to buy early when it was listed at low price. This gives a great idea on how projects should begin.

Instead we have seen some trying to instantly cashing out in a market that it just a few hundreds of investors. Maybe consider having a realistic FAIR price when starting the trading, instead of acting like millionaires with your tokens.

• DAO

This is not a DAO (decentralized autonomous organization) but a simple token. It got a lot of hype in telegram after Jihan Wu talked about DAOs and their significance, and at a point someone created this token and passed it with airdrops in the community. Interesting it got a high price, but from what I have read so far, this is only a simple token and not a DAO.

• Wojak

Not bad, but a little complicated.

I read some specs here and don't know how it can turn out to be, but it gave me a sense of promise.

Mostly left me uninterested, but did buy some, just in case. I don't like missing out on anything good, just because research needs time. This takes time to find possible issues, and if it gets enough adoption. Wojak does look better option than the rest tokens that recently appeared in this market so I am recommending to take a look in it.

• More new SEP20 tokens

Next one is a stablecoin MrUSD, another one called Xolos, and one that has the strangest name ever, Bismuth Win Bi.

I didn't look extensively in these tokens yet.

Xolos has to do with NFTs, although don't know why it also needs a token.

MrUSD is some kind of stablecoin but also is related to MGOT, which is a rug pull, or close to being one, do proper research before trying anything with these projects.

Finally

Yes, this post was not so exciting. We all need to do a lot more and do it better.

Do something great. Don't just be another meme token, or another yield farming token. Be productive and help this SmartBCH network that gives you so many opportunities.

I have hopes for bigger and better. DEXs can include a lot more options and the tokens should follow a better logic. I loved the fact that Moonx4 started low, and attracted many, just because it was honestly saying it was just a "mememememe" and not a real project.

Maybe all tokens should begin with a fair valuation. This is the point (I think) the known anon developer behind Moonx4 wanted to pass to the rest.

If a project wants to have a community, it should begin small and build with it together.

I also begin to understand MarcDeMesel better lately after reading and watching more of his previous videos, and his approach with everyone in crypto. I find genius that I did not understand immediately. Damn, this takes a lot to learn from this guy. I wish it all ends with his problems in Kenya and have time again to be active and help BCH, and not ever tip me at all. We learn and have to learn a lot more from Marc.

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