I am making a 5+ year trade with this one.
This is basically buying DOGE way way back when it was worth nothing.
So for those of you that do not know, BSV has a decentralized exchange that is pretty new.
Go to http://www.relayx.com to see it.
The very first coin they listed was a test coin someone created. SHUA
I believe this could eventually become the DOGE of the BSV community.
It was started as just a test of the token system on BSV , but it has grown to a market cap of $650,000
This would probably rank it around 1400 on coinmarketcap
I saw this, and at first I just ignored it. But it ate at me for a while.
DOGE has a market cap of like 30-50 billion just because.
Due to it's fixed supply of 65,100,000 SHUA coins. It is trading right around $0. 01 with the current market cap.
I have noticed other whales buying anything below $0. 01
As a long term believer in BSV , I decided to buy this coin.
I bought a lot around $0.03 all the way down to $0.008
I really feel like the floor on this thing is around $0. 01
I know it can't really go too much lower. If the price drops to say $0.001, the market cap would be like $65,000
I could easily buy the entire market supply just by myself. And I would be willing to do so.
This play is very long term. I don't expect this coin to move this year.
But as BSV slowly gains more users, people will dabble into this token.
I mean people have always joked about DOGE getting near $1
And it will probably happen this December.
I am holding SHUA for as long as it takes. I will sell probably at $1 minimum
Either BSV succeeds and SHUA market cap takes it up like a DOGE or I lose everything I put into it.
It's recognized as the first token created on top of bitcoin .
So I am looking for a 100x-1000x-10000x-100000x
To compare from coinmarketcap:
Sunday Dec 15, 2013 DOGE
market cap was $3,488,669
price was $0.0005
Sunday April 18, 2021 SHUA
market cap was $538,701
price was $0.009
SHUA could easily get to $0. 05 and be worth $3,000,000 just like doge in the early days
That's why I put some in.
I can see myself regretting not buying in years from now.
Can you see?