💲Godsthrone ClanI bought something last at 112k and it started dumping Got to 50k and I cut my loss thinking it will rug, now it has bounced back to 100k I think it's a gem
This is the meme, a utility token
You launch/trade a coin , trading fees fund a leveraged portfolio , if that portfolio makes realized profit then part of the profit buys the coin back and burns it. 🔥
The portfolio can include markets like SPY, NVDA, TSLA, BTC, ETH, Gold and Oil, with up to 6 positions and even LONG/SHORT exposure.
For every $100 in fees:
$60 goes to the funds the coin’s portfolio $40 goes to the Stakd platform
If the portfolio performs well, 75% of realized profits can be used for buybacks + burns.
So basically the token isn't only running on attention , it can have an actual market strategy behind it.
💲Godsthrone ClanSafe to say that community remains strong on $IF Archie sold at 10m and caused a panic sell, but the meme remains bullish I believe in it's recovery 0x232CDFc415D10b673845D83Dc02ba2eaBe7e30d1
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