/biz/ - Business & Finance

>>57537321
Imagine you can make a leveraged play on ETH's price and gas going up in the next 1-2 years. Well you can, by buying Xen.
Xen is the opposite of all of the retard shit that biz and its jannies love. It isn't premined. No VCs. No team allocation. Immutable contract. No backdoor like Richard Heart's coins. To mint it you just pay gas and wait to claim it. That's it. Xen gets minted on every EVM chain and drives gas fees up.
Why would you invest in something that mints into infinity? Like btc, over time minting gives you less and less Xen, but over an 8 year period. Also, the contract has a burn function that will be used for an upcoming L1 (end of Q1).
Think of it like pennies on ETH. It will maintain value relative to ETH because it costs gas to create, but with much more leverage and a supply subject to massive burns.
Xen price can't be rugged unless gas fees go to zero on ETH (unlikely) - at which point the supply will be minted into infinity.
If you think 8 years is too long, look into TitanX, which is the result of trying to "engineer" Xen into a very pumpy coin.

Xen. Bottomed out chart, immutable contract, ownership renounced. Minting only costs gas which is why the chart looks like an L. So why the fuck would this "forever down" token go up?
1. Gwei on ETH and the price of ETH will go up this bullrun. That is a fact. Guess what happens when minting costs too much? Minting stops, buying on market begins.
2. Minting will slow down over an 8 year period.
3. Founder is releasing an L1 in Q1 that will pay 80% of gas fees to shitcoin makers on it, and the only way to get the L1 coin is by buying and burning xen.
24h Volume went from $2m to $20m over the last 5 days. now is a perfect time to get in, or mint a XENFT if you are paitent and want to wait for low gas.
I guarantee you /biz/ will not listen to this and seethe at its green dildos this year.