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Pulsechain

  • 11-02-2024 1:22pm
    #1
    Straight Flush
    Registered Users, Registered Users 2 Posts: 84 ✭✭


    What do you think about this chain? Thought I'd share my thoughts first...

    It's a fork of Ethereum by the infamous Richard Heart. The main coins on it are Pulse, PulseX, HEX and INC. The coins were down heavily late last year as the SEC launched a case against Richard and his tokens, but are seeing a strong revival now.

    Whether it's better or worse than another chain is open to debate, but what sets this chain apart from others is that there's $786m of DAI stablecoin with Richard, which is likely going to be used to pump the price. This was received by him during the 'sacrifice' phases for the Pulse and PulseX tokens a couple of years ago. There's precedent for Richard pumping his tokens' prices from the early days of HEX on Ethereum, where he injected his own personal Ethereum to start an epic pump in HEX.

    Indeed one month ago, $20m of sacrifice funds were used to shore up the price of his tokens on the new chain, marking the first time the sacrifice funds had been put to use. Since then the price of the Pulse token has doubled in value, while INC is up over 400%.

    Pulsechain has an array of altcoins also, for those who want to gamble and attempt to dodge rugpulls. I reckon it's the alts on Pulsechain that could see big rises in weeks and months ahead.

    Safe alts would be $LINK and $SHIB, since they are exact copies of their counterparts on the Ethereum chain, but with uncorrelated prices. They are effectively gamblers' coins, but without risk of rugpulls.

    Hedron is another alt that should be safe and has a history of epic pumps, from when it was traded on the Ethereum network.

    $COM is coin that is due for a big rise also. There's even a Prince Andrew coin that's probably just a lottery ticket.

    Any thoughts yourselves?



Comments

  • #2
    Potatoeman
    Registered Users, Registered Users 2 Posts: 4,479 ✭✭✭Potatoeman


    It’s not a good sign if the founder is infamous.



  • #3
    fritzelly
    Registered Users, Registered Users 2 Posts: 17,870 ✭✭✭✭fritzelly


    Founder lavishes himself in gold and highly expensive stuff meanwhile hex holders keep telling each other keep hodling for those 5 years, the payouts gonna be massive

    And they will probably buy into the next scam coin he creates



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