Out to the coast. Back tomorrow. Thinking about SRTV still. We think similar to LIBAS we can see a real stabilization. Most of the equity is in major holders hands and the rest is in small traders hands. Those guys will trade it up and down until they find market realization. We think the best option for SRTV dilution post our investment is withholding the split adjustment for SmartRyder until SRTV is stabilized above .02 (1/6th of massive donation sales amounts). Also with the coins offline we cannot knowingly distribute. (Pepe/NewBitcoinX if you have tokens offline greater than 500 I suggest getting them on exchange before June 29th).
Seattle, Washington USA 🇺🇸 Shoutout for SRTV! Hometown Company outta Tech Centered Seattle! Do to our frequent trips to Seattle, we are considering meeting with them. (It was what pushed us to really buy) We think this meeting may beneficial to their Token and it’s structure going forward. Potential meeting this Thursday along with their top donor. We (SRTV and DogecoinX) ask if EUBI to look under the hood of this one for viability. And maybe MsSarah wants some DogecoinX? 🤷♂️
DogecoinX is an advanced trader. We play for points over pips. What happened to LIBAS could happen to most tokens if you aren’t prepared. It’s not the sell of that’s scary, nor the weak handed sellers that are a problem. It’s the CEOs that freak out and issue shares cause they are mad they got traded.. normal ceo, wants a shakeout of weak hands allowing for real investors to buy the dip… if your game is only issuing coins, you probably aren’t thinking about your investors and suppressing the price which will eventually cause a bailout of the token. If the ceo doesn’t issue like crazy on the dip then the market will recover like it never happened. So far it’s the ‘trader ceos’ that lose their minds when a trade doesn’t go their way. But I think LIBAS had this planned for a long time. We watched for a week before our 3 token trade that unraveled LIBAS.
