It's a quick pump and dump thing nothing really unique about it. No hate it is what it is and there's lots of them and people buy into it and make money. Isn't that the name of the game anyways?

These deflationary 100% premined tokens though seem to be a new trend and to me scream everything you shouldn't invest in. Sure it sounds good on paper a token that continues to go down in supply because of burns and then some of it being given back to holders should do amazing right?

But there's nothing really too it besides that. No real use case, no value besides the hope to make more money from it and the premine means they hold a ton to give away etc. I've seen this before and I stay far away from such things. But that's my preference and doesn't mean it's crap.

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