Worried about inflation? Floshin is the answer.

silasdavid (55)in #cryptocurrency • 2 years ago

US Inflation over the past 12 months has skyrocketed, in fact the quickest since 1990. Prices of goods have increased 6.2% year over year, with grocery prices increasing 1% from September to October! This is an expensive trend and the fact of the matter is…inflation is here.

The answer? A Cryptocurrency project called FLOSHIN.
FLOSHIN is a hyper-deflationary digital asset operating on the Binance smart chain. The team burns a certain percentage of total supply according to a schedule. The total amount of the total supply to be burned is 55% as listed on their website.

Why is this important, you may ask? It's important because hyper-deflationary assets can act as a hedge against inflation, thus helping to insulate the investor from the rest of the market. Since Hyper-deflationary assets become increasingly scarce over time, they are typically more attractive to long-term investors. Smart money knows value when they see it.

FLOSHIN is not only hyper-deflationary. The roadmap is excellent in my opinion, with an upcoming DEX (decentralized exchange) launching mid-December 2021. They also have an NFT marketplace launching in January 2022 which already has artists lined up! To top it all off there is a stable coin coming as well as a debit card. They have a very dedicated team that engages with it's community on a regular basis. Their vision is clear, with realistic goals and understand that price DOES in fact matter.
I believe overall this is a solid project that should not be overlooked. Since it's launch on November 29th 2021, FLOSHIN has experienced explosive growth.

As you can see, there has been a nice pullback due to current overall market sentiment being red. This token is currently at an excellent buy in point, with a total 24hr trading volume of $282,095, It's market cap is currently $8,858,802. Once market sentiment flips green again, it won't take much buy volume for this project's price to skyrocket again. I have been trading this asset strictly by volume with amazing results, being up over 750% in the first 3 days.

I am very bullish on this project. It's a fact that inflation is a growing major concern. Investors are looking for ways to combat this and I believe FLOSHIN will prove to be extremely lucrative in the long term. A true hidden GEM!!!