A deadly shock hits the foundations of the cryptosphere! It’s the whole ecosystem that wakes up shocked and trembling this morning. After the crash of the past week, it will indeed have only taken a few hours for the queen of crypto, the beloved creation of Satoshi Nakamoto, digital gold itself, called Bitcoin to be unbolted from his throne and brought down by a cryptocurrency arising from nothing; the Toilet Paper Token!
How could such a thing have happened and – what is more serious – what does it say about the global shortage of triple-layered jasmine scented paper? We go around the bowl.
This morning, this cryptocurrency appeared for the first time in the ranking, and what a rise! This new digital currency is directly in first place. By the way, the asset is squarely ahead of Bitcoin, regardless of its elder, despite its “only” 77 billion euros of capitalization … it seems that the containment has somewhat confused the calculators of CoinMarketCap.
To the delight of traders and lovers of rare patterns, the Toilet Paper Token offers as a bonus for its first day a curve as rare as exotic, sometimes called “Double-bottom chubby morning”, a very beautiful symbol!
A cryptocurrency with real used poop
Who would have thought that a modest ERC-20 token would be able to drive King Bitcoin out of his throne (by striking emphatically)? And the throne is in question because the team behind Toilet Paper Token has understood everything about a situation of civilizational crisis: faced with the collapse, the real ones are not looking to store pasta, water or weapons. No, if there is one thing the 21st century man has recently shown he cannot do without, it is toilet paper. Obviously, like gold, PQ is THE real safe haven!
Tokenizing this value then became obvious: Toilet Paper Token was out of the box.
Below a modeling of the adoption curve of the new reference cryptocurrency (the diagram is of a certain technicality, but it should be remembered that “it goes up”, the rest is of the order of detail):
It is essential that you refer to the white paper (printed on quilted paper, double sheet, as it should be), which contains the fundamentals of the project.
The opportunity to learn that “Having TPT tokens guarantees the integrity of wiping and the equitable distribution of toilet paper worldwide, which ultimately contributes to TPT’s mission: to save ‘humanity of a regression to the first two levels of Maslow’s hierarchy of needs’. The document also describes the functioning of complex “smut contracts” in order to guarantee the traceability of the smallest sheet of precious goods.
The token has “gone on sale April 1, 2020 on the Shitake Exchange.” All wipers (TPT holders) must answer the “Ply Count” questionnaire, which will mathematically determine the correct number of TPTs that wipers can buy each month. “
A most credible device which is reminiscent of the approach of the HEX token, as what, great minds sometimes meet when a common subject unites them.
If the total supply and the quantity in circulation are also available, we will nevertheless highlight a cause for concern: CoinMarketCap mentions that the TPT is already “Out of Stock”, which will not shock connoisseurs. A small red flag for the famous platform which definitely takes center stage this week.
Will Bitcoin stay dangling in the face of the confrotation? Isn’t the Toilet Paper Token going to end up in the bottom of history? A next fork of TPT does not risk it to offer larger blocks (a Sopalin-Coin would already be mentioned with a word covered)? Exciting questions whose developments we will follow with just as much passion.
So springs the Toilet Paper Token, Bitcoin slayer
It is soft, it is perhaps the first real “utility” token, it is the Toilet Paper Token and if you discover it immediately, you will have to get used to it, or even start to consider it as the real “New Bitcoin”.