LBank AMA Recap with $PEANUT
On 21 Nov 2024 , we held an AMA with the $Peanut team, hosted on LBank official telegram channel. If you guys had missed this session, here’s another chance to get a full transcript of the AMA event.
INTRODUCTION :
Guest : So I’m XMB, took $Peanut over at 20–30k market cap when it was sitting in the shadows. Been in the space for about 2 years now and I’m looking forward to growing this over the course of the bull run.
Question 1 :
1. According to research, a lot of tokens get pumped and dumped over time, so I would love to know your token dump prevention mechanism? What plans or mechanisms have the longevity and survival of the $PEANUT token over time?
Guest Answer : It’s a completely legitimate CTO, we’ve had 2 80–90% retracements so people who got in early have had more than enough opportunity to sell their bags.
Of course we still have diamond holders, and these are the die hard community members that we trust.
We have a top holder group where we discuss future plans and support financially with fund raising.
The supply is completely distributed in the community’s hands.
By the people
For the people
Question 2 : What inspired the creation of the $PEANUT memetoken, and what unique features does it offer compared to other meme tokens?
Guest Answer: This token was created 16 days before the Cabal version (while the viral squirrel was alive). The cabal used the exposure in the media solely for profit purposes. I saw this as a clear opportunity to take over and truly build something that represents $Peanut ‘s legacy as well as building a true fight for decentralization.
Question 3 : Many project has interesting stories before it is created. So can you tell people about the story that gave you the motivation to build and develop $PEANUT?
Guest Answer: XMB :
$Peanut was a squirrel owned by a man called Mark Longo. The government breached his home without notice and took his squirrel as well as his raccoon, and brutally killed them.
I wanted to start a movement, not a shitcoin.
It is very evident that in the next coming weeks / months, our community will only expand, creating more noise for the movement.
Furthermore, the fact that there was a cabal version that solely used $Peanut ‘s exposure for profit, seriously angered me.
This should be a people’s coin, and that is what we’ve created.
It’s a second chance for the people.
Question4: Marketing is a central element for every project so everyone knows that the potential a project can bring is vital to achieving the set goals. What is your strategy to attract new users and investors to the project and keep them long-term?
Guest Answer : We have a massive asian community which consist of a bunch of whales to say the least.
They’ve contributed over 6 figures to support this project, that includes dex boosts, $72,000 for 1 week trending in Asia on all platforms, contribution to CEX’s, helping with resistance and so much more.
We are constantly coming up with new ideas to promote the project.
In the next 7 days we will be having advertisements on Time’s Square, and we are looking into renting out a billboard near SpaceX.
In addition, we literally have a die hard community, we managed to raise 1% of the projects supply in 24 hours.
We will continue to raise funds at higher levels to propel the projects exposure through exchange listings and partnerships.
The future is bright
Question 5 : Since starting the project, did you achieve everything you planned or did you have to make drastic changes to your main idea at the start and what makes your project better than your competitors?
Guest Answer : XMB:
10000%
To hit 6m ATH in the first day was crazy alone and it showed that a lot of people truly believe in the movement.
Honestly, I had no clue a community like this would build.
As mentioned before, we’ve survived 2 90% retracements and we managed to filter out a lot of non-believers, leaving only the real ones behind.
Everything that I planned has been executed correctly, this is still the beginning.
We will only keep growing
We will only get stronger
The only competitor we have arguably is the cabal.
They are a pinch of salt compared to what we can achieve.
Look at all their metrics, from TG members to 24 hour volume.
We excel in all categories.
If you couldn’t see the market cap of both coins but you were forced to join the TG, 99% of people would pick our project.
All we need is time, and we will perform.
The cabal WILL be flipped.
It’s just a case of when
Community Questions :
Question: Did you consider community feedback/requests during the creation of your product in order to expand on fresh ideas for your project?
Telegram Username: @PhDusen_Berry
Guest Answer : 10000%,
I’ve been so transparent amongst this whole journey. Every single question someone has asked me has been listened to.
I’ve never shut anybody down for asking a question, I think that’s the opposite of what a CTO ‘lead’ should do.
We are all here to grow together.
A lot of ideas have actually been implemented which have been requested by the community.
Question 2 : I want to know if your $PEANUT token is still available on any exchange?
How can I buy your tokens?
Telegram Username : @Tanika325
Guest Answer : $Peanut is currently listed on LBank and we have another exchange coming in 3 days confirmed.
If you want to buy our token, the contract address is
bGxHNbsacaVL35pkYWae5PYQDZXSpuQb3QDyW31pump
You can swap on Jupiter, or use a trading bot such as trojan or bullx to purchase :)
Question 3 : Can you list 1–3 killer features of Your Project that makes it ahead of its competitors? What is the competitive advantage your platform has that you feel most confident about?
Telegram Username: @bentley_es
Guest Answer : 1. Community — NO ONE can take that away from us. People would pay hundreds of thousands for a community like this. GG’s also mentioned this on a spaces.
Binance lists COMMUNITIES, not TICKERS.
2. Structure — We have 30 admins who cover all time zones. Voice chat is running 24/7 and we have raids running 24/7. We also have Daily spaces with GG’s.
3. Narrative — $Peanut is still extremely viral. This definitely helps bring exposure to the project. Other communities don’t necessarily have a viral concept which means they need to work twice as hard.
Question 4 :What is your roadmap plan for this year 2025? Can you share with us?
Telegram username : Andre Resal
Guest answer: By the end of this year I plan to ensure we are listed on MINIMUM 10 exchanges.
I think it is most definitely possible.
We constantly plan as we go so I encourage you to join our telegram in order to stay in the loop.
Short term things like Time’s square advertisements and billboards near SpaceX have been paid for.
PLAN FOR 2025 :
FLIP THE CABAL. Unless we do it before
Question 5 : If a competitor emerges today offering the same services as you, what will you do to keep your project and stay relevant?
Telegram username: @seunff
Guest Answer : They simply can’t.
I’m very confident to even say, no community on solana is built like ours (excluding multi billion dollar projects).
As mentioned, we will only keep growing, increasing exposure and putting $Peanut on the world map.
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