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Thanks for the info on your project and tokens. It is good to have goals so one can measure progress.
I don't see, or maybe I just don't understand, the path from the present to the future where the goals are met, but that is fine. I still buy various hive-engine tokens simply because I like to collect things and I love the fact that various people are experimenting with their various projects.
I support the experiments. I don't expect any profit and I'm fine if the price goes to close to zero, as PEPE has, for example. You said you expect PEPE to rise again, and that would be nice but I wouldn't count on it.
I anticipate a recovery in the price of a PEPE token.
Not saying it won't, just saying it is a meme coin with no utility and no stated plans on making the price rise. In fact, the market is flooded with new tokens from "TOKEN CONTRACT" on a regular basis. Another 40M just days ago.
Source: https://he.dtools.dev/@pepetoken?page=4&symbol=PEPE
and that is after many many millions in recent weeks as the price drops and drops.
In fact, the total supply vs the max supply is just
8016281387 รท 1010101010101 = 0.00793611857
meaning less than 1% of potential tokens are minted so tons and tons more can come on the market at any time.
I have not added to the sell pressure or the available tokens. You can see me at the very top of the STAKE richlist. I stake more and leave it staked, whereas the one account above me stakes and unstakes as is their right to do.
Source: https://he.dtools.dev/richlist/PEPE
Point of all this - what is your basis for expecting a price recovery of PEPE?
I value all opinions and I am interested in yours on PEPE and on your own tokens which is why I read your entire post and spent some time here in the comment section.
I wish you well and cheer for the success of your projects!
May positivity be with all Hivers!
!ALIVE !BBH !UNI !PIZZA !LADY
Oh wow! Thank you for stopping in and sharing some great feedback.
I just completed an updated valuation for TooFuckeh
https://peakd.com/hive-111011/@toofuckeh/estimated-value-of-the-pept-game-problem-solving-token
You have to appreciate that I am a process-centric person and what The PEPT Game is about.
Its about being creative, growing a knowledge base and applying continuous process improvement methodologies in every day activities.
It can be complicated, confusing or even look like vapor ware. But, once you master the rules in The PEPT Game you have #FUN and the by-product of that fun is growing digital wealth.
I have some ideas to make it a utility token in addition to being a #MEME token.
My problem solving token idea is a shit coin to some and seen as just another worthless meme token. The account got down voted because it contains letters f, u, c and k and the Market Capitalization is unrealistic. Why I say we live in a 2-FA-K world where anything is possible. Imagine one thinking of a Hive Layer 2 token as an investment and placing any value on a market capitalization calculation. To me that is an example of something or someone being TooFuckeh and thus a meme should be circulating to spread some laughter and fun about stupidity.
As per having numerous tokens in circulation, one can have a bomb fire or do something like I am doing in regards to using a "locked up token account". It is mention in the blog link I provided.
I am not sensing that you are leaving Hive. You are focused on having fun. You have accomplished a lot and you have many followers. Your PEPE idea is awesome and it has a lot more potential then being just a MEME coin.
When I look at the PEPE trading activities, I see a notable buy order.
pepetoken 2857969425.84615374 371.53602536 0.00000013
I like having fun so I wanted to be part of a market reset. I see a possibility of more upside movement then down movement. That is based on limited data. I understand your need to inform the world that it is not an investment and has little to no value but my spider sense says it could be much more valuable. If there is a will, there is a way. It would be my pleasure to help explore a way if your interested in some process improvement initiatives.
Thank again for sharing your thoughts and showing interest in The PEPT Game problem solving token.
Thanks for that comprehensive reply!
I am a person that likes to hear about all sides of any issue, and I may have my own opinion but I am willing to update that opinion when new data becomes available. PEPE or any other hive-engine token may have some value and may rise in price at any time. It just worries me when I see TOKEN CONTRACT in the token's history as to me it means the token creator is printing new tokens. It is especially worrying when no reason is given for millions of freshly printed tokens. We're here in crypto because we don't like governments printing money out of thin air, but then it happens here too. So that makes me less interested in some of these tokens, like PEPE, as any kind of "investment" and more of just a #FUN token to collect.
I believe you're referring to PEPE in this part of your comment, and I hope you're right. That would be awesome! We'll wait and see.
Regarding your PEPT related tokens, I do know the history of some conflict with other Hive folks regarding the name of one token and the very large amount of them in circulation, resulting in large Market Cap. Actually I am glad you did print all of them all at once, rather than print them as time goes on, which tends to crater the price as we saw with PEPE. In any case, you do you, PEPE guy can do himself, I'll do me, and we can all still be friends and show love and respect to each other!
Have a nice weekend!
!ALIVE !BBH !UNI !PIZZA !LADY
(edited for spelling)
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Use !LADY command to share LOH! More details available in this post.