Today, I spent a whole day checking all the holding addresses of siree.
There is no wash trading; the first and second rankings are black hole addresses, while the third is a liquidity LP address.
The rest all have purchase records, and you can check the details to see if each purchase and holding matches up; this is the most effective way to check for wash trading.
A permanent burn of 12% is for LP, which means permanent liquidity.
Locked for 14 years and 5 months.
Additionally, I also compared the differences between moco, aiaj, and the siree contract.
All three have 0 tax, and the contracts are safe.
As long as a dog project has the ability to make money, it is considered a good project.
Many people believe that it requires celebrities, venture capital, and various white papers, etc., as a series of proofs of the project's reliability.
However, I personally feel that the quality of a cryptocurrency does not come from these superficial things.
Many of the things that appear safe on the surface are actually the most dangerous, and there have been numerous instances of market crashes.
Retail investors still need a certain amount of luck to make money, and do not just follow the crowd; what I say is not necessarily good, and you can check for yourselves.
I spent time checking the information on the siree chain because I personally feel that this cryptocurrency has the potential for explosive growth.
Currently, it's still in the early stages; no one knows if it will explode. For those who do not hold it, you might as well hold a little, buy a lottery ticket, and what if it goes up a hundred times? The previously promoted moco, aiaj, and coao have all seen some increase. Those who entered early have also made profits, with some making over a hundred times their investment, while even a few times of profit is not a problem. Of course, some people have incurred losses, which is unavoidable. Those who entered early in dog projects made money, while those who entered later lost money.
In the second scenario, long-term holding can profit, but there are also long-term holdings that go to zero, so I do not recommend going all-in on any cryptocurrency on a chain; you can just use some pocket money that you do not care about to buy a few as a lottery ticket.
Consumption is the comparison of these three cryptocurrencies.