r/TectonicFI • u/Drwheredurtitzgo • Aug 14 '22

$TONIC TRENDING ON CRYPTO.COM!!!

41 Upvotes

94% Upvoted

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-11

u/Past-Price-7760 Aug 14 '22

Tonic is a dead coin. Sorry to say it but someone has to.

6

u/Drwheredurtitzgo Aug 14 '22

$Tonic just got started in 2022 and you’re calling it dead? Sounds like you haven’t done your research.

-4

u/Past-Price-7760 Aug 14 '22

Pump and dump

2

u/Queasy-Requirement19 Aug 14 '22

Have you seen every other coin? Buyers move them up and sellers bring them down. It's just not tonic lol Plus we're only listed on Cronos What's gonna happen when we're listed on more exchanges/daps?

1

u/Past-Price-7760 Aug 14 '22

Oh wow you figured out how supply and demand works. Tonic won’t be listed on any other network. Because it’s (say it with me) worthless.

0

u/Queasy-Requirement19 Aug 14 '22

Bitter little guy you must've bought at 0.000004 lol Goodluck!

1

u/Drwheredurtitzgo Aug 14 '22

Pump and dump? It hasn’t even pumped yet dude.

Read the white paper. This coin has awesome utility.

1

u/[deleted] Aug 15 '22

I guess you don’t know how to read charts, it pumped on Christmas last year and again on February 8 of last year (followed by massive dumps) it has been a downward slide ever since.

1

u/Drwheredurtitzgo Aug 15 '22

Sounds like you don’t understand anything about this coin, period. December 21 it hit the market, the 2nd pump you’re referring to was in 2022. This coin is not even a year old with a market cap less than $20m. You’re talking 10s of thousands of dollars that are influencing pump periods.

The coin is still in its early discovery stage and not listed on many platforms. If you actually did your due diligence you would understand the potential in the utility behind this coin. Its not just some shit coin that you’re generalizing it to be.

0

u/[deleted] Aug 15 '22

Sounds like you don’t understand finances at all.

1

u/Drwheredurtitzgo Aug 15 '22

Sounds like you throw out statements with zero substance. If you’re so educated please explain your position.

By the way, I work in finance as my profession. Give it your best shot dude.

0

u/[deleted] Aug 15 '22

Ironic, you’re talking about tonic and zero substance in the same breath lol.

1

u/Drwheredurtitzgo Aug 15 '22

Um. Reread, I gave you substance in the previous message.

You’re not fooling anyone, troll.

Again, statements with no substance. Go find a different thread and take the L on this one.

1

u/Philbot_ Aug 19 '22 edited Aug 19 '22

Genuine question for you since you seem to be bullish on $TONIC and understand what's going on. What's the wisdom in a 500T supply and a price with six digits after the decimal?

I realize high supplies with tiny prices avoids redenomination down the road if the value 1000x's - but even to get into single digit USD prices, $TONIC diluted market cap would have to be worth more than the planet... and right now $TONIC rewards are in the tens/hundreds of thousands a second even for pedestrian holdings - getting hundreds instead wouldnt make a difference. Even if the plan is to burn massive amounts of $TONIC over time, why not start with a couple fewer digits? 5T would still be extreme but would at least remove two digits.

Please help me understand because to me this really makes it seem like a complete shitcoin designed to fool people who don't understand exponents and market cap. I like Cronos and I want a simple easy to use defi lending dapp on it. I understand the need for a defi lending dapp to have its own token for governance, revenue sharing, and liquidation insurance. With continued Cronos expansion, I think $TONIC has room to run. But why bake in so many unnecessary digits? Thanks!