This page is a more comprehensive version of our FLOOR PRICE page, and has been renamed to explain more general issues relating to $AMERICA76.
I am the developer of $AMERICA76. My financial resources in this project are on display as the liquidity of $AMERICA76, plus other assets belonging to this entity, which is owned by me. The tokens in the liquidity are owned by me, and the USDT in the liquidity is also owned by me. When you buy a token, my token becomes your token, and your money becomes my money. When you sell a token, your token becomes my token, and my money becomes your money. At all times, all of the tokens and the money in the liquidity belong to me.
I gave away crypto on the promise it would not be sold, so I could increase the number of Token holders. Only one person kept his promise, and he has done well because of it. We use it as currency. It is fairly stable.
We found that even if the price got lower, the people with the free crypto who had promised not to sell it would sell it. This was good because I was the only one buying it plus a few others. If you want to see exactly how much I spent on free crypto, look at the "Top Traders" on the Dex Screener. That is found in the bar between the chart and the transactions. Total up all that money, and that is defined as the "Locked Liquidity" of $AMERICA76.
During this time I sold 8,500,000 tokens and bought 8,200,000 back. As people sell, the number of tokens out declines, and when they buy, it increases. The good thing about the selling is that tokens that people do not want are ready for people who want them. But something else very good happened because of that. Because so many of our tokens were traded back and forth, they got monetized. At whatever price they were sold for, their block of the chain has that amount in the history. Suddenly the values of $AMERICA76 tokens would appear as something with a value in a wallet, and would get moved up into tradable assets.
Thus these Floor Prices were based on the promises of people who said they would not sell their free crypto. It looked good at 1 cent and we took it up to 5.5 cents on very little liquidity.
The way the liquidity is set up now, every single small holder of coins could sell and we would still be around 1 cent plus or minus not very much. Then it is all out of the system we can set a price and know there is nothing under it.
I invented our nifty SIMULATED TRADING SYSTEM It helped us to figure out what would happen if... Add up all the tokens of our small token holders and then sell them on the simulated trading system. This should answer the question why the token is so tightly held. I just bought them all back. I figure if I am willing to buy my tokens, someone else will as well. Another thing I thought I could do is make a website which encourages you to minimize risk on our Token or any other.
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