Welcome to another magnificent exploration of wild blockchains with PVM! I am the Indiana Jones of Crypto, a fearless Metaverse adventurer and explorer. I am searching uncharted and untamed blockchains for the "next big thing", that token that will quickly go 100x or that coin that has so much utility that will be a shame not to have it in the portfolio.
Today we will dive into another Kucoin listing, into a part of the Financial Cryptoverse that is mentioned in legendary books and grimoires. Inflation Hedging Coin is an alternative investment token positioned to increase its value by continuously burning itself following multiple burn protocols. The $ICH token is audited by CertiK and available on Kucoin.
IHC is an alternative investment token positioned to increase its value by continuously burning itself following multiple burn protocols. Inflation Hedging Coin is a widely accepted cryptocurrency and with a growing community. IHC is accepted as a payment method in more than 270,000 businesses, backed by "big names" both locally and globally.
The IHC burns are scheduled on a monthly basis, and the total market cap is getting lower and lower. The burning process will continue until the number of IHC tokens is equal with the number of token in holders’ wallets. The current burned supply reached 38% of the total market cap. within the first year.
I checked the Kucoin New Listings and I was surprised to see a cryptocurrency with such potential at -60.14% since listing. My Indiana Jones of Crypto mindset realized this is a good time to join the add the hot ICH in my portfolio.
There are few pleasures as a crypto bro, and buying at a discounted price is one of them. It's not as exciting as selling after a token boomed 100x but buying 60% cheaper is close enough. Spent 23.43 USDT for 209,263 ICH tokens.
There are only 621,439,126,933 $ICH tokens left, and they will keep burning every month. Not sure my stash makes a difference, or will influence the token dynamics, but I instantly liked the idea behind the Inflation Hedging Coin.
Within the short period of only one year, the $IHC token was listed on 13 exchanges. More listing on Tier 1 exchanges are planned, and for me this expansion will increase the number of holders. The burning process may accelerate with every new listing, and I wanted a bigger slice. I bought more and raised my stash to 283,725 ICH tokens.
With so many achievements in one year, and tokenomics that are creating scarcity, the ICH token can only grow in value. I plan to increase my Kucoin holdings and HODL the Inflation Hedging Coin for a long time.
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