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/biz/ - Business & Finance


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File: 474 KB, 1920x2275, Rootkit 7.jpg [View same] [iqdb] [saucenao] [google]
25741269 No.25741269 [Reply] [Original]

You still have time. This has been performing amazingly well, no stopping the train right now. Get on or stay POOR. It was literally 5 million market cap just last month and now it's 22 million.

FA Points
>Launchpad
>Buyback
>DEX
>Recent partnership with Deflect

Expecting this one to hit 10k soon. Circulating supply is only 9.700

>> No.25741517

Impressive. I've heard of root didn't get in due to the fud. may look at it now.

>> No.25741627

Seems similar to CORE.

>> No.25741763

Bump for another core fork.

>> No.25741987

>>25741763
I don't believe this is a core fork bruh.

>> No.25742021
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25742021

>> No.25742463

shit..I thought they rugged? Guesss not.. kek

>> No.25742540

S C A M
C
A
M

Devs are making a shitton while your liquidity will be locked forever and coins will bleed to death like core

Also anon devs

>> No.25742663

>>25742540
TOPKEK.. but the price is going up. How is it a scam? Can you explain.

>> No.25742751

I'm making bank on ROOT. I just need my LP's to do well.

>> No.25743362

dump it! It's a nother core, stupid project with no fa.

>> No.25743577
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25743577

LFG ROOT.. >$2383 Next stop $10k

>> No.25743645

Scam scum, but keep baiting newfags with this garbage, gonna be funny when they learn anon team takes a huge percentage and their liquidity is locked and bleeding like all core forks lmaooo

Guess that’s the “rootkit” after all lmao

>> No.25744124

>>25743362
it's not a CORE clone. It's original code, people are actively discouraged by the team to create LP tokens, and told to buy them on the market instead. Some people who actually spent money creating LP tokens are being airdropped extra LP tokens by the dev, to compensate them, just because she feels sad for them spending that money.

A big difference from CORE is that the ETH under the price floor can be reused (without losing any backing), which is right now used to do buybacks. 690 ETH was bought back from the market in December, another 1400+ ETH is going to be used for that this month.


>>25743645
You have no idea what you're talking about.

>> No.25744165

Anyone who participated in the LP is up right now. Not sure why the weak FUD.

>> No.25744254

>>25743645
You're misinformed sir.

>> No.25744453

>>25744124
This..

>> No.25744656
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25744656

>>25744124
ouufff

>> No.25745191
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>> No.25745861

There is opportunity to make money here if you understand the FA.

>> No.25746185

Core is a shit coin and so is this one. no utility.

>> No.25746254

>>25746185
It's purpose is to go up. Utility is coming in the form of a launchpad, where other projects can do a rugproof launch, within the Rootkit ecosystem, also being able to reuse the ETH that is locked under the price floor.

See: rootkitfinance.medium.com

>> No.25746520

>>25746254
interesting.. but how can eth be reused?

>> No.25746903

>>25746520
By using a wrapped ETH called KETH, and using the KETH/ROOT pair as the main liquidity pool.

As LPs are locked, the ETH that would normally be locked there for eternity, can be taken away from the backing, as it will never be able to be claimed by anyone. As removing the backing doesn't take away any KETH from the ROOT/KETH pool, the ratio, and thus the price and volatility, stay the same.

The ETH that is freed up can then be used to, for example, buy back ROOT from the market, and lock that into liquidity as well, which immediately makes about half of the earlier invested ETH available to use again, and again, and again...

This explains it in more detail: https://rootkitfinance.medium.com/the-power-of-a-price-floor-86fa74b59bd1

>> No.25747349
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25747349

>>25746903
OHHHHH SNAP!

>> No.25747496

>>25746903
I had to read this twice. shit..

>> No.25747754
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25747754

>>25746903
WTF!!!

>> No.25748702

So borrow from LP to raise the price. Genius.

>> No.25748754

This has been pumping and no one is talking about. watch when it hits 10k and the fomo kicks in. Smart people are buying.