In this article, Crypto Professora discusses all details regarding the cryptocurrency $TSUKA and why it could make for a good investment.
Crypto Professora educating the masses through easy to understand information.
Article Contents.
- What is the cryptocurrency $TSUKA?
- Tokenomics of $TSUKA?
- Supply Shock for $TSUKA?
- Crypto Professora’s Opinion, Price Prediction & Technical Analysis.
- Conclusion
Crypto Professora is proud to present their analysis of $TSUKA. This community-driven project could make some exciting potential for profit — if you know what you’re looking at. As two cryptocurrency investors, We wanted to take a deeper look into this meme-coin’s fundamentals and explore how Dejitaru Tsuka is positioning itself in relation to other cryptocurrencies in the market today. So grab your cup of coffee because it’s time to dive into Crypto Professora’s analysis of Dejitaru Tsuka!
1. What is the cryptocurrency $TSUKA?
$TSUKA is a decentralized meme-coin with no centralized team, meaning all decision-making power rests with its investors. That being said, specific individuals have taken on leadership roles within the community to help guide its development and ensure that it remains focused and successful. These individuals act as advisors to the project, but ultimately all decisions are made by the investors themselves. This means that anyone who invests in Tsuka can have a say in how it evolves and is used. It also means greater transparency than other tokens, which their teams or developers can tightly control. In this way, Tsuka gives its investors more control and autonomy than ever before.
On May 26, 2022 $TSUKA made a dramatic stealth entrance to the Ethereum blockchain with a mysterious message: “Greetings. I’m a nobody. We have passed some test and failed others. Tsuka instills fear and terror in the hearts and minds of those who question.” Community members are in belief that Ryoshi (The developer of Shiba Inu) is the mastermind behind the token due to numerous co-incidences like a PFP frontfun, and the deletion of all tweets from Ryoshi’s twitter account on May 30, 2022 — after the launch of $TSUKA.
$TSUKA has coined itself to be a spiritual and wellness token within the cryptocurrency community. The dragon thrives off of ancient Buddhist teachings of Milarepa which adds a unique layer onto a traditional financial market — taking $TSUKA’s currency far beyond just a tangible asset.
Perhaps one of the most exciting developments surrounding $TSUKA is its potential involvement in “The Next Crypto Gem” TV show. This show is set to air later this year and will boast the appearance of some highly respected Crypto influencers. An episode featuring $TSUKA and members of the sangha could potentially lead to millions of viewers learning about the coin and its undoubtedly strong community of ever-growing believers. This would inevitably lead to an increase in demand for $TSUKA tokens, which could cause prices to skyrocket and draw attention from Tier 1 centralized exchanges like Coinbase or Binance.
I need nothing, I seek nothing, i desire nothing.
2. Tokenomics of $TSUKA?
With a fixed supply of one billion tokens (all in circulation) and no team or dev wallets, $TSUKA is revolutionizing the meme-coin standard. Featuring a 0% tax on buys and sells plus locked liquidity for maximum security — it’s easy to see why investors are eager to invest.
At the time of writing $TSUKA has 11,537 holders with a market cap of $93 million and is ranked #285 on CoinMarketCap
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$TSUKA is currently available on the following Centralised exchanges: MEXC, BITGET, BitMart, Gate.io, CoinTiger and Bitrue.
3. $TSUKA supply shock?
When it comes to cryptocurrency, many factors can impact price. One of the most powerful but often overlooked factors is a supply shock. A supply shock is a sudden increase or decrease in the circulating supply of a cryptocurrency, which can cause prices to shoot up or down quickly. In this section, we’ll be taking a closer look at what precisely a crypto supply shock is and how it impacts the price of a token.
A crypto supply shock occurs when there is a sudden change in the circulating supply of a particular cryptocurrency. When there is an unexpected decrease in the supply of specific cryptocurrencies, it can have a dramatic impact on their prices. The main effect of a crypto supply shock is that it causes prices to rise quickly due to the sudden decrease in available coins. Since there are fewer coins on the market, investors will be willing to pay more per coin because they know they won’t only be able to get as many coins as before. This increase in demand and the decrease in available coins can cause prices to skyrocket very quickly, making them much higher than before the supply shock occurred. Likewise, suppose there is suddenly more coin availability due to a hard fork event; for example, there may be downward pressure on prices as traders try to unload their newly-minted coins onto exchanges before they lose value over time.
This effect can be seen quite clearly with some examples from recent history. For instance, when Tether (USDT) was removed from Bitfinex’s exchange back in 2018, its price shot up by over 10% within 24 hours due to decreased availability and increased demand from traders who wanted to buy USDT tokens at a premium before they were removed from circulation permanently. Another example would be when Bitcoin’s circulating supply dropped by almost 6 million BTC after Mt Gox declared bankruptcy back in 2014; this caused its price to shoot up significantly as well since there were fewer BTC tokens on the market than before Mt Gox’s collapse.
Now, when we look at $TSUKA and see its current position, there’s only 1.2% of the circulating supply left for investors to purchase on Uniswap. The tokenomic setup ensured $TSUKA would see a supply shock due to its fixed supply asset. With only 11,537 holders and a remaining supply of 1.2%, the one billion tokens would have to somehow spread across the hundreds of thousands of holders who are yet to invest. As double money inflow results in half of the remaining supply, this results in a 4x, double the money inflow again 16x, again 64x, again 256x and again 1024x, which could leave $TSUKA at a price of $90 per coin just from supply shock ALONE.
4. Crypto Professora Opinion, Price Prediction & TA.
$TSUKA has almost finished resetting. We can see this through the retracing RSI levels.
This is a bullish indicator for the next leg up, as shown within the previous indicator resets.
Diagonal support is much respected and nearly reached. These two indicators show that $TSUKA is ready for the next leg up.
According to the FIB levels, we can expect 0.19/02/0.28 cents within the next bounce — which is easily possible due to the driving $TSUKA community, something that is vital to a meme-coin’s success.
Crypto Professora is exceptionally bullish on $TSUKA long-term and believes it will run into a multi-billion market cap.
According to the FIB levels, we can expect 0.19/02/0.28 cents within the next bounce.
5. Conclusion.
The points mentioned above relate to the cryptocurrency project $TSUKA and Crypto Professora’s opinion regarding the project.
At this point, it is still too early to tell whether or not Tsuka will become the next big thing in cryptocurrency. Only time will tell whether it lives up to its hype or not, but one thing is for certain –the fact that it has been able to generate so much buzz without any major team behind it certainly speaks volumes about its potential! Cryptocurrency investors should keep their eyes peeled for updates on $TSUKA as they come out -it might just turn out that Ryoshi’s latest project really is The Next Crypto Gem!
In summary, we have seen the formative beginnings of $TSUKA and what makes it an attractive prospect for investors. We understand that it has a highly optimized tokenomics system which is likely to benefit from a supply shock. Additionally, Crypto Professora gave us an insight into their opinion and price prediction regarding the $TSUKA based on its technical analysis. It’s clear to us now why crypto enthusiasts have faith in the success of Defi currencies like $TSUKA and their potential for tremendous returns when bought at current prices. This has been a rather eye-opening experience for those who thought crypto trading was only about Bitcoin or Ethereum! Crypto Professora hopes that this article has sparked your enthusiasm towards Defi trading and meme-coin investments. We implore you to conduct your own due diligence before investing. Subscribe to Crypto Professora’s Medium and Twitter for more project analysis and DeFi content.
As always, Crypto Professora appreciates your feedback and would love to hear your thoughts on our latest article.
Crypto Professora is bullish on $TSUKA and its Sangha,
Dejitaru Tsuka:
Written & Published By: Crypto Professora
Disclaimer: All articles written by Crypto Professora are for informational purposes only. All investments in cryptocurrency projects involve risk. None of the aforementioned text is investment advice of any kind. All images are either original, or are licensed for use. All written content Copyright © 2023 Crypto Professora all rights reserved.
