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/biz/ - Business & Finance

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21525281 No.21525281 [Reply] [Original]

What is the highest this can go?

Started by Reddit and Carl Larson.

Live on main-net with a 250,000 strong ecosystem.

Number of addresses grew from 1290 to 1375 in the last week.

Price is steadily increasing.

Community is voting to use 10% of issuance on providing Uniswap liquidity and another 10% on community awareness/initiatives.

Advertisers need $DONUT to buy the banner space in the sub.

Say what you rightfully will about Reddit, but this token will moon during the bull market.

It has all the right things going for it.

>> No.21525602

>>21525281
I don't get it. A Coin by Reddit?

>> No.21525830

>>21525602
Yeah.

Reddit have basically adopted Ethereum to roll out their Community Points idea (which they are now scaling up with the Reddit Scaling Bakeoff).

This was the token and team that pioneered that with Reddit and is the first on main-net (has been on main net since Dec 2019).

It has some cool use cases that'll do well in a bull market. It's also feasible I think that other subreddit's could just adopt DONUT rather than go through the hassle of building their own token.

>> No.21526067

>>21525830
How much is a suicide bag Anon?

>> No.21526238
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21526238

>>21526067
Good question.

I have 5 ETH invested.

And will keep putting in ore as liquidity improves.

I think 0.10 is well within reach, being conservative about it.

It hinges on whether the bull market will continue but the gainz on this could be silly.

Imagine telling the grandkids how much you made on a token called DONUT!

>> No.21526549

Market cap is still so low, this one has legs beyond 0.1 (for a token that already has a demonstrated use case)

>> No.21526599

>>21526549
Agree

>> No.21527114

low market cap, real utility and degens love it. I am in. lets go $DONUT

>> No.21527204
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21527204

>>21527114

i bought 3 eth worth at 0.004

>> No.21527497
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21527497

>>21525281
Nice meme anon.
Nice ID color.
>What's your reddit handle so that I can send you some gold?

>> No.21527609

>>21525281
that is some fucking hot crypto ENF right there.

>> No.21527646

>>21527609
love me some ENF glazed in DONUT bukkake

>> No.21527922
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21527922

>>21527497


Thank you anon, it is the one and only u/moonhighground. But save your reddit gold. If you want to talk meme generation, send me a DM. I do this shit in my sleep.