IItCoin: The Cheeky Little Brother of Bitcoin on Solana Network ! $ItCoin

https://preview.redd.it/vxcogd572ryd1.png?width=1024&format=png&auto=webp&s=2eca0faaec7d5c2f7911808030353e46c18b603c

https://dexscreener.com/solana/qqzjbvff6pybjfjq4gqxn43zva953gwckqacpvebxvf

We have improved our liquidity pool to over $10k and growing. Our team working really hard to make sure there is indeed “limited supply and unlimited fun “ as we proceed to put our holdings back into the liquidity pool while coin value is increasing to make sure that each holder is rewarded in the long term and no float absorption happens in lower price points of early days.

What does that mean ?

No Float Absorption at Lower Prices: Mechanism where tokens are strategically added to the pool at higher price points, potentially to maintain or increase the token’s price. This is a smart liquidity management technique, akin to what might be observed in more sophisticated DeFi strategies where liquidity is managed dynamically to capitalize on price movements.

1. Increasing Liquidity: Pushing liquidity pool value over $10k, enhancing the pool’s attractiveness. Liquidity pools with higher values often see more trading activity due to increased depth, which can lead to less price slippage for traders. Liquidity is key to attracting more users and maintaining stable, tradable markets.

Reinjection of Holdings into the Pool: Re-investing gains back into the pool as the coin value increases serves several purposes:

– Liquidity Maintenance: It ensures that as the token’s value grows, so does the liquidity, which can help in mitigating the impact of large trades on price volatility.

– Price Support: This strategy can act as a form of price support, reducing the likelihood of significant price drops due to sell-offs, as more tokens are being locked into the pool rather than being available for sale.

– Concentrated Liquidity: Practical application of concentrated liquidity, where instead of spreading liquidity across a wide price range, it’s focused where it’s most beneficial, which could be at higher price points to encourage price ascendance.