Public Chain Competitive Landscape and the Underrated FTM
The battlefield of public chain competition is fierce, but eventually the dust will return to dust, according to the current situation, the competitive battlefield as a replacement for Ether is no longer possible, but as a replacement for the overflow of Ether is very much in the air, currently it is obvious to see these public chains.
- solana
- fantom
- terra
- avalanche
Perhaps solana can be decided at a glance, but the remaining three are still in fierce competition, whether from the technical level or in the TVL, Holder, solve the problem, etc. have merits, single analysis of the advantages and disadvantages, from the price of their public chain tokens can also be seen so
- FTM: $2.43$ -> $2.7993$ -> $2.8328$ -> $2.084$
- LUNA: $43.6$ -> $43.25$ -> $42.7$ -> $43.4$
- AVAX: $62.74$ -> $66.03$ -> $63.39$ -> $135.84$
It can be seen that avalanche has gained the lead for the time being.
In the recent public chain TVL growth trend chart, we can also clearly see that the fastest growth is actually FTM and AVAX. Fantom is better than Avalanche in terms of rate, which is related to many imitation disk projects running on the FTM chain, but in the end, it shows that the performance of FTM is good, which is short of a popularly accepted Meme to catalyze It's not that far away.
https://preview.redd.it/c0t2lq5y9u981.png?width=683&format=png&auto=webp&s=914f0ccbd89868a3257a6ceac2adbdf74e0b652c
But eventually someone will do a careful study, the foreigner for FTM and AVAX between the quality and quantity of the comparison, also output in his twitter, interested can search his user name, go directly to see, I only post the picture: FTM compared with AVAX.
https://preview.redd.it/tms0jfzy9u981.png?width=408&format=png&auto=webp&s=9ecd82518d0b5a6c2989c4e19a940a8f15a4a5cb
The conclusion is that Fantom is far underestimated compared to the current avalanche chain. So for FTM, there is only one catalyst left to make him accepted by the public and become popular.
What will be the catalyst?
Think about how solana came out of the loop, think about how ETH suddenly became accepted by the masses, think about what made bitcoin the first big hit?
- BTC → Doge
- ETH → SHIB
- Solana → Samo
The founder of FTX, SBF, recently made a comment that "meme is fuking important thing", so as a catalyst for FTM, it must have been caused by meme. There are a lot of faux plates on fantom that are very hot, why not them?
The reason why meme is popular is not because of the low price of the coin, but because meme is a kind of culture, a kind of consensus that can be reached by the masses in a short time. There is no cultural interpretation of this.
Dismantling shib and samo and the recent hot memecoin, whether it is squid or people.
The commonalities between them are the following.
- Huge supply
- Super large liquidity
- Super low price
- Super wealth creation effect
- Sexy narrative structure
- shib's doge killer and a social experiment of eat zero
- samo's solana traffic portal, helping newcomers how to use solana easily
- people's crowdfunding to buy the US Constitution and later community self-governance
- community autonomy after the squid's project party ran away
- The follow-up plan has at least 1 current hotspot, such as nft, decentralized DAO, gamefi, etc.
So which one is the meme that fits on fantom?
Observe down to find out is called fantom of the doge coin, the official website address is https://ripdoge.io
The most circulated memecoin on the fantom chain is currently. so if ftm has the potential to rise, then the triggers are bound to have the help of rip, and of course, the recent market also shows that rip and ftm can be said to be almost identical. The linkage is also enough to illustrate the association between the two, but ultimately it is still to take advantage of the undervalued attributes of FTM, using the low price of $RIP, violently pulling the disk to generate wealth creation effect after the event marketing to spread the meme of RIP. transfer the initiative, from FTM to RIP above, so that rip out of the independent market.
What is Fantom Doge?
Fantom Doge protocol is a community-driven, fair launch DeFi token. Three simple functions occur with each transaction: reflection, LP acquisition and burning.
5% of each transaction will be allocated to the token holder. 5% will be added to the liquidity pool.
Initially 100% of the tokens are added to the LP and the LP tokens are burned. The $RIP lasts forever!
Each transaction contributes to the permanent flow of automatically generated liquidity into the Spookyswap liquidity pool.
Holders are passively rewarded through static reflection as they watch each transfer of $RIP tokens cause their $RIP balance to grow indefinitely.
When we buy $RIP, the three functions Reflection, LP Acquisition, Burn are automatically implemented. In the first step, a 10% fee is charged at the time of purchase, half of which, or 5%, is distributed to holders who purchased before you, and the other half, the remaining 5%, is added to the liquidity pool.
Of course, the above is just the initial setting of fantom doge, but as the meme with the largest circulation on the fantom chain, this project has a long way to go and a lot more to do, so let's expect him to fulfill the following expectations.
Give the project side some time to wait for the project side to do the following things.
- Whitepaper
- Discord
- Roadmap
- Team member introduction
- NFT
- Memetic refinement
- Next plan introduction
- Different languages Marketing
- AMA
- To be continued
- NFT will be released in mid-December at：www.fantomdogenft.xyz
Keep the anticipation alive and keep the expectations up. Although the rip team doesn't have any substantial content output at the moment, but as the most circulated memecoin on the undervalued FTM chain, I believe that but where there can be upside, the team just needs to do things and it will all become a logical reality.
- The hardest and most important thing for a long-term investor to do is nothing.
- The most classic operation is not to operate.
- Time is the ultimate currenry.
