Buying even more $GIFU.

What can I say - I like the token.
For starters it's not an animal.
We know the team behind it.
It probably won't rug.

That's a lot better than 99% of the shit on other chains and this one is part of the hive eco-system. That's all it takes for me to build a stack.

Even better - It keeps going up!!!

I bought into it a month ago with a small amount and did a little bit of research at the time.

• Deflation Mechanism: There is a mention of a 2% burn rate on buy and sell transactions, which contributes to the token's deflationary nature by reducing the total supply.
• Purpose and Utility: It supports Giphy artists by integrating with the platform to allow investors to pre-order custom GIF sets using the tokens. This unique feature aims to bridge the gap between cryptocurrency and digital art creation.
• Low Cap: It has been described as a low-cap meme coin, indicating a smaller market capitalization which can sometimes lead to higher volatility but also potentially higher growth opportunities.
• Team and Credibility: The developers are described as doxxed, meaning they have revealed their identities, which adds a layer of trust and transparency. The team is known from previous projects, suggesting experience in the crypto space.
• Market Presence: $GIFU has liquidity pools on both BSC and the Hive blockchain, which can lead to price movements in correlation with those platforms' performance, particularly Hive.
  [Ref: Grok]

So for the past month I've been buying a few dollars a day with other tokens on Hive and have added a nice bag to my account.

It's a slow burner but the price is moving steadily upwards with about 5% of supply burned for good already with even more to go over time as the team earn more funds and the fees take an effect too.

So fuck it. Decided to build a nice stack on BSC as well.

Had some money on the chain that i wasn't doing much with and this can be a long term hold for me. I don't expect the token to go 10x overnight but if the team can keep the charts moving upwards at some stage we should see more volume and higher price points.

DYOR!!!!

This is only my own opinion but I like what i see so far and like the team behind the project so might as well take a gamble on a proper meme coin and not another rug on Solana or more cat themed tokens that do nothing.

This is a money making year in crypto so no better time to take a few chances.

Posted Using InLeo Alpha