Why $100x Could be the Last Alt-Gem of the Bull Run

Buy on PancakeSwap April 13th! 👩‍🚀

Published in

Altbase

4 min readApr 13, 2021

$100xCoin, formerly $100xElo could be the last gem of this alt season. This article will cover our new and improved tokenomics, sharpen the edges of our long term vision, and discuss the short term roadmap for the $100x community.

As always, DYOR. This article is not financial advice.

We’d like to thank all of our HOLDr’s who have rode the bumps, caught the waves, and are ready to hit phase two of our flight to financial freedom. See you on the sun ☀️ .

While there are many differences this coin has over others: a doxxed (non anonymous) leader, tokenomics that will create sustainable growth, and a based community — perhaps the most important is something else, timing.

The perfect time for $100x

If you’ve been trading this alt-season, most likely you’ve been rugged once or twice. Due to the anonymous nature of teams opening projects, many inexperienced and experienced traders alike fell prey to exit scams, rug-pulls, honeypots, and other nefarious schemes that sent funds straight to zero.

As we discussed in our previous articles, $100x was founded to create transparency and stability in the volatile world of alt-trading. Ken the Crypto, leader of the $100x DAO, has changed the game of alternate currencies. Regularly live-streaming project changes — including issues and delays — he’s brought something back that was missing in crypto, accountability.

Ken acts as a lighthouse while other coins are busy keeping their investors in the dark. Using this strategy, the 100x community has overcome obstacles that derail many other coins. In the words of our forefather’s — F bots 🤖.

Where is $100x going?

$100x’s mission is to give everyone in the world an opportunity to 100x an investment. Whereas previous organizations such as Investment Firms, Venture Capitalists, and Banks, set high barriers to entry for minor returns, $100X is using DeFi to create investment opportunities that have never before been accessible. While our official use case is yet to be disclosed, our goal is to become the largest decentralized investment organization in the world within the next three years.

This year we are witnessing money leaving the historic financial institutions as more and more buyers realize the oppressive systems created by previous generations.

$100x is capitalizing on this opportunity by creating a new form of investment class — Accessible High-Growth Blockchain Projects.

But aren’t you just a bunch of degens?

Absolutely, and degenerate thinking is our super power. No other investors look at 1000% returns on a liquid asset and think to themselves, “Nah, I’ll diamond hand that 💩.”

This level of risk comfort is what creates magnified earning opportunities for the new generation of wealth. If we ride 97 investments to zero, and one of our investments 100x’s, we’ve returned our entire fund.

The future in the eyes of $100x

Create more opportunities for the masses to generate wealth. Period.

The community is still evolving but at the time of this writing 100xCoin values certain traits uncommon in DeFi.‌

Transparency
Sustainability
Education
Supporting other Communities
And Shilling. We really value shilling 😃

By adhering to these values as we grow, $100x will unite investors that are tired of watching the rich get richer.

Building a shadow venture network

How many of you have had the opportunity to invest in an early-stage startup? These deals are hidden behind closed doors with inner circles of investors promoting their next investment. If you look at YC or Techstars you can see alumni creating new companies, selling to other companies out of the same cohorts, then rinsing and repeating the get rich process.

$100x is going to leverage DeFi trends to create new investments outside of these inner circles. We call this Shadow Venture Capital.

Last year in the US, Venture Capital investments exceeded $69B. $100x is going to apply this model to DeFi and tap the power of the global market.

What are the risks?

Like all projects, timing, execution, and adoption are key components for $100x success. The DAO is led by Ken but the project is built upon the strength of our community.

We’re bringing together developers, designers, technologists, and visionaries from all over the world to create our new network of capital. Come meet us here — https://t.me/ELOofficialchat 🤝

DYOR and find out what we’re building.

What are these new tokenomics for $100x?

Taking pieces from all the great projects this year, $100x developed these tokenomics with the help of the community.

Tokenomics:

7% swap fee

3.5% sent to burn address
2% to liquidity (to get listed on places like Whitebit)
1.5% to dev and marketing wallet (to pay Solidity Developers, TikTok infuencers, and other project needs without fundraises)
No minting

Unlike other projects that fall from orbit soon after mooning, $100x has liquidity and revenue generation opportunities that will provide for long term sustainable growth.

So how do I hop in?

Come join us in our communities, several links below. We can be purchased on PancakeSwap now. We invite you to come build, invest, and help lead change across the globe as we redistribute wealth. There will be many challenges, but we know how to overcome a little setback. Welcome to the future of investing.

Hop in, we’re going places 🚀

P.S. Clap this post if you’re already onboard 👇