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5 reasons why I am bullish on @Utrust:
1) Circulating supply vs total supply is 450M vs 500M, so 90% circulating.
The remaining 50M tokens belong to the team and are locked for another 3 YEARS!
So 0 inflation is expected for $UTK, but their tokenomics are even deflationary.
1) Circulating supply vs total supply is 450M vs 500M, so 90% circulating.
The remaining 50M tokens belong to the team and are locked for another 3 YEARS!
So 0 inflation is expected for $UTK, but their tokenomics are even deflationary.
2) @Utrust just announced their new „reverse staking“ mechanism.
$UTK holders will have to stake in order to earn cash backs.
The rewards will be locked and, if unlocked too early, burnt.
This should result in a decrease of the total supply over time.
$UTK holders will have to stake in order to earn cash backs.
The rewards will be locked and, if unlocked too early, burnt.
This should result in a decrease of the total supply over time.
3) This also leads me to reason 3:
@Utrust just launched their new HOLD wallet.
You can trade inside, but also you‘ll be able to spend crypto with physical VISA cards.
So $UTK just became superior to $CRO and $SXP, while sitting on a WAY lower mcap = WAY more upside potential.
@Utrust just launched their new HOLD wallet.
You can trade inside, but also you‘ll be able to spend crypto with physical VISA cards.
So $UTK just became superior to $CRO and $SXP, while sitting on a WAY lower mcap = WAY more upside potential.
