Yeah so it's a more advanced launch pad in the respect that you can pair it with something like Nvidia Stock or Apple Stock or Silver for instance in this situation.
I would say the one thing is there is counter party risk. With this Silver I'm sort of trusting the company that is keeping these bars in custody and they are saying in 3 months people can redeem the silver for physical silver but right now I have mainly been watching the peg to see if it would hold which it seems to stay with in a couple of dollars and obviously the silver market isn't open right now so it maybe is staying close the last known trades from last Friday.
Right now the project with the biggest market cap that has launched there is
https://www.coingecko.com/en/coins/anonymous-cat?chart=type%3Dprice%26mode%3Dline%26timeframe%3Dd7
$122 Million market cap and this is the first day it got listed on CoinGecko and it is on no listing on any Centralized Exchanges. That is one of the big thing now. These things can really crank up from this social trading before it is really visible to people on stuff like Coinbase or Kraken or any of that.
Also STONKFun is generating a bunch of revenue and they are buying up tokens to top projects on their platform and burning them so it creates a flywheel effect.
RE: Worked My Bag Up 🚀🌚