A new day, and a new token rises in the Atsuko Sato narrative. Actually, Tsuji, short for Tsutsujitei, was completely dead just 24 hours ago after the developer who launched it rugged. But the community had other things to say, and took matters in their own hands and revived the token.
In crypto, this is a normal occurrence. Greedy people launch a token and later sell all their preallocated tokens for themselves in one go, leaving the community with all its money lost. What the community then proceeds to do is make what’s called a CTO, short for Community Takeover.
These kinds of CTOs, such as on Tsuji, can be super bullish as there won’t be any huge holders to dump on the community, and the people who stay with the token after it goes to $0 are often very motivated.
TSUJI Defies Market Downturn Mounts +750% 8-hour Run
As the news quickly caught on around the Atsuko Sato narrative traders, Tsuji went on to go up 750% in just short of 8 hours. This was amazing for the community, which thought it had lost it all after almost 3 days of thinking it had.
For Tsuji to remain a successful CTO, the team needs the volume to come in. They need to attract new holders and interest from the crypto space. They need to create art around Tsuji. It won’t be easy, but it’s possible, and the chart is lining up beautifully!
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Atsuko Sato’s Tsuji a Beautiful Companion To The Beloved Kabosu (RIP DOGE)
Tsuji truly is a beautiful story about how a community can come together and make something nice out of nothing. To show the crypto scene, you don’t need big influencers to pump your token.
If the CTO team of Tsuji can keep it up and continue to get people interested in their token, it has a very good risk-reward ratio!
The other sister token, Ginnan, is currently trading around 40x higher than Tsuji and, as such, could give investors a huge chance for some big returns despite already being up almost 800% in just hours.
Meme Coin Crash? Pepe Unchained Will Rise From The Ashes Like a Phoenix
Despite carnage for traders worldwide, the age-old saying in crypto: ‘When others are fearful, be greedy’ applies.
The upcoming launch of Pepe Unchained could just be the play that saves your portfolio, as it has exploded to over $7.44M raised in a skyrocketing meme coin presale.
This unlikely new upstart is making waves with an ambitious plan to salvage an ecosystem from the tumbling Pepe project.
At its heart, this involves a visionary and potentially historic ‘unchaining’ of the original Pepe away from the clunky ERC-20 Ethereum token standard to launch a standalone dedicated layer-2 chain.
The idea is to create the ultimate destination for frog coin developers across the space to unleash their croaks on a low-cost, high-speed, meme-fueled blockchain.
In this light, the move toward a layer-2 ecosystem can be seen as mirroring the success of Shiba Inu’s launch of Shibarium – so don’t sleep on this momentous effort.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.