We had been spoilt with one ath after the other for some time now but the past few days have been bad for all crypto. And naturally $gifu suffered a bit as well. Nothing major, and certainly not as bad as most Solana memes tokens 🙃
Yeah, we would like to see our price to keep going up indefinite but gifu price going down has some pros. And that is that our circulation goes down with each sell on bsc.
Specifically, about 100k tokens were burnt thanks to sells on the Bsc side in the last 48 hours. That's 100k that will never see the light of day again. Remember, we are deflationary so our supply only goes down!
Furthermore, price going down means that our team gets to buy back for a cheaper price and hence gets more tokens.
Speaking of buybacks, we just made another one :D
In less than a month we will have our regular weekly payments rolling in from the @gifufaithful account power downs so those buy backs are only going to get bigger :D
Stay strong the future is bright 😎
Posted Using INLEO
