🔥 What happened last week…
- Successful Bug-free launch of GLASS Token
- Achieved $10Mil Marketcap
- Over 3500 Token holders
- 61 Trillion Coins Burned
- New SWAP feature on the website 🔥
- Founder does first live AMA
- Over $500,000 in locked liquidity
- 40x Price increase in the first week
We had an amazing week here at Ourglass. Achieving goals most stealth launch coins could only dream of! For starters, we had a successful bug-free launch of our core token, GLASS. Everything codewise went according to plan and no issues have yet to arise.
After 3 days we had achieved an incredible market cap of over 10 million dollars. Keep in mind we did this as a community with no marketing and no knowledge of any token launch. We have appeared to settle out at around $5million in market cap right now.
We also managed to acquire over 3500 token holders in our first week. This is also an amazing feat with little to no marketing. We will continue to follow our holder count weekly.
We burned over 61 TRILLION coins! That's Trillion with a BIG T! Although about 50 Trillion of that was burned by the team, the community still managed to burn over 10 Trillion through transactions alone. And as of today, we are burning through about 100 Billion tokens a day. Further decreasing our total supply. We now rest at 938,409,750,000,000,000 tokens after starting at 1,000,000,000,000,000,000.
We now have a built-in swap feature on the website. All orders are routed to v1 liquidity where you get the best price with the most liquidity. It also has default slippage so you no longer have to bother typing that in. This should help with onboarding.
We had an AMA hosted by our Founder, Trevon. You can watch it above.
The glass token liquidity has done great at giving larger players wiggle room to get in. It’s sitting tight at $573,199. Even more evidence of its price floor.
And last, but certainly not least, we saw a 17x price increase after launch and have since settled at around 7x since launch. We are not financial advisors, but it looks like the price has settled on the price floor that we spoke about above. We have community members trying to calculate the exact price floor in the contract but no success yet. It will be interesting to see how this plays out.
That's all for now!
â›” Risk Warning: Investing in digital financial assets involves a high degree of risk and volatility and is not suitable for all investors; do not risk more money than you can afford to lose. Please consult an independent professional financial or legal advisor to make sure the product is right for you.
⛔ Disclaimer: This article contains text, data, graphics, photographs, illustrations and information (“Information”) connected with Ourglass International and/or other entities part of the Ourglass group ( “Our.glass”). Ourglass attempts to ensure Information is accurate, however, Information is provided “AS IS” and on an “AS AVAILABLE” basis and may not be accurate or up to date. The publication of this article does not represent solicitation by Ourglass of buying the token “GLASS Token” and is not to be considered as a recommendation by Ourglass as to the suitability of any investment, if any, herein described. No action should be taken or omitted to be taken in reliance upon Information in this document. Ourglass accepts no liability for the results of any action taken on the basis of the Information.
