What a start!! A recap on our first night

To tell you the truth, most of what happened last night was on our plans. What actually surprised us was the volume at which it happened.

Our token was launched around 01:30 UTC and suddenly we started to see buy transactions. Were we being sniped by bots?

Well, yes and no. As soon as we burned our liquidity (https://bscscan.com/tx/0x79aa7aa153bfc8198f2b69e01badfe6798b7e35a999b7fb8865b999ed05ea195 ) we started to appear in several coin monitoring tools that people actually use to make safer investments and ape in into new projects.

Since we did everything right we saw a huge raise in investors as soon as we:

• Renounced Ownership
• Burned 50% of the initial supply
• Added liquidity
• Burned our liquidity to the dead address

And things started to spiral up!

The team was supposed to start marketing on the morning but they were too excited and wanted to start right away. See, we have 4 promoters in the team. We do not expect the community to do the marketing work for us. Sure, it is more than welcomed. Any investor willing to promote the token is a huge help to the project, especially during this initial stage.

So, off they went, all promoters started some light “shilling” in several TG groups. We got a 4chan post up and started to look at building our own subreddit.

I personally knew what was happening (this is Christian writing this post) and I also knew that we would have a massive amount of work the next day. So I decided to delegate everything to the rest of the team and go to sleep, so I could be the first one to wake up and occupy the driving seat again.

What did our team and our community achieved last night?

• Our initial price was 0.004$. We reached an ATH of 2.02$ !! That is a 50500% increase!
• We reached a market cap of $500.000 — Wow
• Over 260 holders!
• Over 155 followers in Twitter!

However, there were also some things we noticed and we must start working on improving them:

• Despite having 260 holders, we only had 55 in Telegram this morning. Right now at the time of this writing its 79. We need to improve the visibility of our tg channel. Many investors do not know what is the project behind and just bought the coin because of the price action they saw. We need to make it more visible to them. We are convinced that investors seeing a real project and not just a mooncoin will see their purchase differently.
• There was a much expected correction to the price, which happens everytime something escalates so quickly. Check our current price action at poocoin.
• We had no time to write anything in medium! Hence this story.

This is a very small, humble start. But also one we are proud of. We were expecting these numbers by the end of the week, so we have already broken a lot of short term milestones.

But our project is not short term. We are truly looking forward to building a larger ecosystem of interconnected cryptocurrency investments.

We are happy with this huge start. We are not even 24 hours old. It is the first day of the week and it is time to work hard.

Let’s take SPOON to the next level.