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TITAN X / WETH

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TITANXWETH_C45A81.USD trade ideas

TITANX is about to 25X *** CUP & HANDLE***TITANX has created an impressive and substantial cup and handle pattern on the weekly chart. This is exciting news as the ecosystem is currently experiencing DEFLATION and is on the verge of becoming HYPER DEFLATIONARY. The complete logarithmic projection indicates a potential 25X increase, which I firmly believe can be achieved and even exceeded given the strong fundamentals of this ecosystem. This rapidly expanding community which has proven its resilience, showcasing innovation and leading the charge in a fairly launched, sustainable crypto economy that is ideally positioned for the remainder of the crypto bull cycle. Can you name another token that is actively buying and burning hundreds of thousands of dollars of its own supply every single day? If you do, I’d love to hear about it!
Long
by BallaJi
$TitanX: deflationary tokens become a 2025 meta? + InfernoChart on Left is TitanX - has been in mint phase (down only) and is now in deflation Chart on Right is Inferno - is deflationary token (automatic buy and burn) paired with titanx currently minting 2021 cycle saw tokenomics take centerstage in a combination of inflation and taxes and burning OHM and TimeWonderland = inlation safemoon etc = tax tokens Shib = burning TitanX presents a new concept of fair minted tokens (auctions each day) where the Eth that comes in buys and Burns the tokens that are minted instead of being paired in liquidity pool. What people have done is use this TitanX token in second layer auctions where a new token is minted but all the funds that go in are used to burn the token. Inferno is currently in an auction phase and so it will be deflationary starting 09/14/2024 the value is directly tied to TitanX and so as TitanX rises in value the Inferno token is intended to also rise but at an increasing rate. this concept of bonding value combined with token burning keeps value pushing toward the holders of the token lets see how this plays out and if it catches on. There are other ecosystems doing variations on liquidity bonding and deflationary tokens such as $void on base and AMEX:BAR on eth.. will be fun to see if this becomes a parabolic ponzi Narrative that produces a lot of X's into 2025 like OHM and Safe moon The auction itself becomes more expensive which eventually makes the token deflationary as ppl stop minting the token. The deflationary token is constantly burned and so its value relative to ETH generally goes up
by SnarkyPuppy
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