Short answer: no. Doge Pepsi refers to two high-quality actives according to the project’s creators own statement, which takes on ironic overtones.
Doge Pepsi, two valuable assets finally reunited
They refer to Pepsi as an iconic drink for all generations, and to Doge as a top level asset …
Doge Pepsi isn’t just about soda and shitcoin king. More than that, this project has an innovative function. the Autoboost.
Autoboost, What is that ? It is presented as a unique function in the world in the white paper by Doge Pepsi. It turns out that this is just a system of buy back and self-regulation of the price of Doge Pepsi.
In fact, Doge Pepsi appears to be like other tokens with impossible names and curves that look like heart rate monitors. That is to say that it is a corner which has a “unique” feature which allows it to be bullish all the time.
So of course, each corner has its own way of being bullish all the time. For example, with BitUp, there is an Elastic Supply. Elastic supply is a token offer that has no limit. It is an offer that evolves over time. Like the price of an asset and linked to the number of coins in circulation, the creators of the project can vary the value of each token individually by changing the number of coins in circulation. To continue with the example of BitUp, well the creators simply get to pump the price by reducing the number of tokens you have in your wallet. However, as the value increases, you still have the same value in your pocket at the end of the day.
Another wedge on the rise
With Doge Pepsi, the price adjustment function is slightly different. Instead of reducing the number of tokens in circulation on your wallet, the team will burn (destroy) tokens every 24 hours. But not tokens on your electronic wallet. Simply reduce the quantity of coins in circulation. To change the price in the other direction, the function AutoBoost will also be able to buy tokens on exchanges, on trading platforms. In this way the price of tokens will increase, reacting to supply and demand as well as liquidity.
These processes are reminiscent of that of stablecoin. To keep the value of a coin stable to that of the benchmark asset, the euro or the dollar, similar mechanisms are used. We will buy back the tokens in circulation, or sell them, to always balance the price at 1 dollar.
The obvious difference, which will not escape the seasoned investor, is that the stable coin has a use. You can store your money with it, store your liquidity to protect them from the volatility of the market or the tax authorities. But with a token like doge Pepsi, utility is harder to identify. Some investors may be attracted to mechanisms that artificially inflate the price. Maybe they think this is the way to fame and fortune. But if such investors do exist in the markets, rest assured that these people are not making any money.
But there have to be winners and losers. In this specific case, the winners are the creators of the project, and the losers those who believe in it. And there is very little chance that the creators will believe in this suspicious project.
We can also see the power of this system of AutoBoost seeing the wonderful Doge Pepsi graphic.
Technical Analysis of this Coin
In technical terms, there isn’t much to say about Doge Pepsi.
- Its current value is $ 0.000000000256.
- His All Time High is $ 0.0000000024. That is 100 times more than at present.
- Between ATH and current price, Dogepepsi price has lost 90% of its value
This feat in itself is hardly surprising for a shitcoin with such little value.
- But the performance here is over time! The Doge Pepsi lost 90% in just 20 days. This is undoubtedly the only area in which it shines!
Apart from this alarming state of affairs, the Road Map from the corner Doge Pepsi seems to be well followed.
Phase 1, including the launch of social networks, the website and presales, was successfully completed. In addition, the listing on pancake swap is done. It should nevertheless be specified that this type of listing does not require any authorization, unlike a listing on Binance Or on Coinbase.
Second step, the team applied for its listing on CoinGecko and on Coinmarketcap. From this point of view it is successful!
Finally, phase 2 of the road map, composed of a good number of plans on the comet, such as “build more partnership” or simply creating NFTs on public platforms, is underway.
If you have money to invest in cryptocurrencies, many tokens will offer you above-average earnings on the financial markets. Even big “humor” corners like Shiba Inu and Dogecoin have real uses and can make you rich. But beware of this type of shitcoin which wants to be deflationary with a very original super system to maintain an artificial value over time. There are enough good plans out there that you won’t waste your money on such scams. Trade with your soul and conscience!