I have not been this bullish on a Solana project in a while. Dev is cracked and and use case is perfect. My DD

Hey everyone!

I was lucky to come across this project around launch a few days ago and managed to chuck a small bag in when it was sitting around a 30k market cap. It’s called PlinkoIncinerator and it’s basically a cheaper, more degenerate version of Sol Incinerator.

Same core idea: you burn all the empty token accounts cluttering your wallet and reclaim the rent fees in SOL. But instead of just pocketing it, Plinko lets you “yolo” the recovered SOL on a plinko ball for a chance at up to 25x. I actually hit a 12x on like my third try so I was instantly into it lol.

I kind of forgot about it for a day and when I checked back in it had run to around 150k market cap. So I dug deeper and what really stood out to me was the dev behind it.

His name is João Santos (@joaointech on twitter) and he’s actually insanely legit. Dude is currently building a robotics company, previously won an ETHGlobal hackathon, and has helped scale a company through a $150M funding round. Here’s his LinkedIn if you want to check it out. The fact this guy is building something like this and it was still under 200k kind of blew my mind, so I loaded more.

Word’s been getting out about who he is and what he’s building, and it makes the setup even more interesting when you look at how much revenue Sol Incinerator generates. This is offering the same service with lower fees and a way more fun interface that actually appeals to Solana degenerates. Feels like a no brainer right now.

The team is basically fully doxxed and they’ve already said they’re bringing on another dev to help expand. My only hesitation at first was whether the token would actually have real utility or just be slapped on but João seems locked in on making it matter. So far, holders get discounts on burns, governance rights, and the team plans to buy back and burn tokens using a portion of the revenue. That’s just the starting point.

They’ve also already started building out a referral system after someone from the community brought it up. The project ran hard up to around 400k market cap a day or two ago and naturally pulled back with some profit taking, but it’s been ranging between 150k–200k since.

I haven’t felt this level of conviction on a Sol project in a while, so just wanted to share and see what others think. Curious if anyone else here is in or looking at it.

The ticker is $PLINC btw. Also Not financial advice, I am just a random dude on reddit.