How Solzu Aims to Revive the CTO Game
The DeFi meme game has always been a tricky one. For every 1000x unicorn there are a countless sea of rug-pulls and top holder scams. It’s also hard to predict new metas too – they change at such a rapid pace they should come with a whiplash warning. The latest sketchy practice in the space is for a developer to create a new token on PumpFun, get it onto Radium and then proceed to dump their holdings, leaving the average holder with a bag full of useless tokens. (In fact, PumpFun has among the worst gambling odds on the planet, with a 1.4% success rate). With all the scams and dangers, what is the average joe trader to do?
Enter the mighty CTO.
A CTO — or Community Takeover — as it’s officially known, has become a big thing on Solana of late. Once a developer has finished emptying his bag, noble members of the community step up and take the helm, often with great success. Indeed, many tokens have languished at the 10–30k mark, only to have strong teams take the marketcaps up to multiple millions. The trick though is to spot real CTOs from fake ones; yep, unscrupulous developers often pretent to be a community member, create a CTO group and then dump on other innocent traders a second time. (Told you the meme game was tricky.) Fortunately a new CTO has emerged, and its one that looks set to regain the trust of investors again and revive trust in the community takeover theme. Its name?
Solzu.
A meta play on Senzu Beans from the lauded Dragon Ball Z show, Solzu could not be a perfet fit for a CTO. Senzu beans in the show are used to revive a downed character or heal a wounded one back to full health. The original token was abandoned by the developer and left for dead, being picked up by Mr Hogger and his team, and revived as a CTO.
Mr Hogger is no stranger to CTOs either, taking POPE from 12k to over 800k and TRUMP from 28k to 13 million. The team has extremely strong connections and has already seen the token rise from the ashes to an ATH of 82k and over $320,000 in volume. The token is now in its third day and while it has retraced a little, shows growing promise of an explosive breakout.
“As Solana recovers, this meta is just going to get better and better,” Mr Hogger said. “We saw it and knew it had serious potential, so we scooped it up and put the team behind it. We are going to make sure this goes up into multiple millions — it deserves it. Plus investors deserve to have a CTO token they can trust again, and I feel we’re the right team for the job.”
The combination of a super strong team, a community that smashes raids in minutes and the meta power of the ever-popular Dragonball Z behind it, the project really does have all the makings of a muiltiple million dollar MC project.
After all, it’s already over 9,000.
Please note that the above article is not financial advice and should not be taken as such.