Gambled on this Tommy Lee coin.
$TOMMY is a memecoin on Robinhood that aims to accumulate BMNR. There is a 1% tax on every trade, which is sent to a DAO treasury that buys BMNR, with holders able to vote on how the treasury is used. The token does well if there is volume (leads to accumulation of BMNR, and if BMNR goes up in value, then treasury is worth more.
The goal:The aim of the DAO is to show up on Bitmine's public filings once it acuumulates more than 20m of bitmine shares, then the DAO will be shown on bitmine’s disclosure and then have meeting publicly with tom Lee, board seat, etc.
Bullish factors- Cool website:
https://tommydao.org/- BMNR has a strong community.
- Trickle down effect of ETH. Bull run -> ETH goes up -> BMNR goes up -> Tommy treasury becomes more valuable + attention to Tommy & BMNR increases
- Every $1M of volume is ~$10K of BMNR bought and sent to treasury.
- MUBI founder who previously ran multibit from $900k to $300M
https://dexscreener.com/robinhood/0x55038C3b214aabE2f20108F37e31Cf782AbFB244
