Elon Musk JUST Pumped CumRocket; CumRocket Explodes

hey everyone me kevin here so as if he

couldn't get any stranger

elon musk just apparently pumped

come rocket a cryptocurrency literally

named

come rocket where each token is referred

to as a

commie and the coin has gone to the moon

now

i think the best place to start here is

at the cause of

the latest uh madness which would be

elon musk's tweet because after all we

all know that when elon must tweet

something regarding cryptocurrency

it can tend to have an effect in fact it

can have so much of an effect

that the opposite can sometimes also be

true for example

people have lately been very upset about

elon musk talking down bitcoin

and here's just an 11 second clip from

the

bitcoin convention in miami

[Applause]

[Music]

all right so now i think it's best that

we go over to twitter

to see that after that tweet started

going viral

elon appears to have found a new token

to be interested in and as you can see

here

it is splashing water rocket

to the moon and apparently that is

associated with uh

come rocket because if you go to search

here and you type in

come rocket on coin market cap you will

see that presently

cummies are up 195.45 percent

uh current market cap sits at about 230

million dollars for rockets

yet if you go to the market cap chart

you'll notice that the market cap of

rocket was

zero back in april but uh somehow hit

384 million dollars as of may 5th

and has recently peaked again or should

i say

climaxed again at 399

million now presently if i zoom in a

little bit here uh

to the seven day chart actually we can

even go to the one day chart

we can see here that the market cap has

started consolidating

and uh flattening a little bit down to

about 230 million dollars where

it appears to be pretty steadily holding

right now

uh in case you don't know what this

cryptocurrency is

i suppose it would be useful to jump on

over to the come

rocket white paper yes

this is where i have highlighted that

this is a deflationary token

which rewards holders and punishes

sellers

and the main goal is to tap into the

porn industry and provide novel

18 plus non-fungible tokens

so in other words if you want to sell

pictures or videos

of certain 18 plus things

the best way to do that of course would

be with a

or on a come rocket okay

we do in uh pre-sale of the coin which

the pre-sales

over now uh have some notes here about

how they were planning on preventing

whales from being able to plummet the

pricing

but uh in terms of tokenomics the way

this coin would work is

anytime there is a transaction you pay a

five percent fee which is their way of

punishing sellers

and if you just hold if you just don't

sell

you will get paid two and a half percent

uh that is redistributed

to all holders so basically if somebody

sells a hundred dollars worth of the

coin

they pay a five dollar fee two dollars

and fifty cents

disappear this is how they make the coin

deflationary

and since there's no limit theoretically

at some point in the future

the amount of come rockets available

will be infinite testimony

infinitesimally small but

there's a long long runway before we get

to that on a 2.5

burn on transactions but anyway two and

a half percent and that's just of the

transaction value right

uh and and the other two and a half

percent gets redistributed so two and a

half dollars would get burned on a

hundred dollar transaction that's gone

and token will end

but then you've got two and a half

dollars that'll get redistributed to all

holders

based on the share of holdings that you

have so you get a fractional increase to

the amount of

companies that you have every time

somebody actually conducts

a transaction uh total supply will be up

to 10 billion dollars at which point

every transaction again

will lead to that uh that sort of burn

rate so for example if

let's say you had transactional volume

of oh golly

a hundred million dollars per year

you would lose about two and a half

million which two and a half million

to three divided by ten billion

one two three one two three one two

three uh

is really only getting rid of 0.00025

of the network so you can see

it has the capacity to sustain a lot of

transactions

all right uh yes and the platform of

course will be 18 plus

uh but uh that that's for the actual

like nft

platform but the token anybody could

invest in

uh so the ticker symbol here is

well it goes by dollar sign comies again

this is

come rocket and uh yeah

elon musk apparently just pumped it to

explosion

it is up 191 now at the time of this

recording now the strongest support

levels seem to be around 40 to

60 million dollars in terms of market

cap for this token

currently we are at 200 million dollars

which previously it did not hold on to

very long though it did for about the

first

week or two that the coin was available

and then started trending down to around

40 to 60 million dollars so folks

there you have it a little bit of

background on what the heck this is

what elon just did and yeah

good luck and uh if you are a holder or

hodler

thank you for for hodling your your

cummies

uh folks we'll see you in the next one

[Music]

you