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Topic: [ANN] DOGEMOON new deflationary token on BSC (Read 90 times)

newbie
Activity: 34
Merit: 0
March 30, 2021, 08:49:31 AM
#1
Name: DOGEMOON
Ticker: DOGEMOON
Blockchain: BSC
Supply: 10,000,000,000 (10 Billion)
Contract: 0x2f801292924433f41e34669b0817f990764ecaa0

Website: https://dogemoon.org
Telegram: https://t.me/dogemoonchat

Unruggable, all LP tokens LOCKED for 1 year
Closed contract. No owner, for the community

Liquidity is LOCKED : https://dxsale.app/app/pages/dxlockview?id=154&add=0&type=lpdefi&chain=BSC
Pancakeswap: https://exchange.pancakeswap.finance/#/swap?outputCurrency=0x2f801292924433f41e34669b0817f990764ecaa0
BSCscan: https://bscscan.com/token/0x2f801292924433f41e34669b0817f990764ecaa0
Chart: https://poocoin.app/tokens/0x2f801292924433f41e34669b0817f990764ecaa0

Many new meme tokens that start out with a small market cap are subjects to pump and dump schemes and unfortunately DOGEMOON was no exception. However, when the dust settled, what was left was a creative and dedicated community of people from all walks of life spontaneously working together to achieve something. The truth is we enjoyed it so much that we decided to stay and dig in our heels to make this work. No matter how long it takes. The beauty of it is, because of the design behind the DOGEMOON tokenomics (and our desire to meme until a potential bitter end), any pump and dump scheme will only make us stronger!

DOGEMOON is a deflationary cryptocurrency. Every time a transaction takes place with DOGEMOON, 4% of that transaction is distributed and removed (i.e. "burned") from the total supply. This increases the scarcity of every DOGEMOON coin in circulation. What this means is that every time DOGEMOON is used, the value of the remaining DOGEMOON tokens in circulation is increased by simultaneously decreasing the supply (deflation), while also distributing DOGEMOON to everyone using the token. As a result of this, every single DOGEMOON holder has an incentive to spread the use of DOGEMOON as much as possible. As more transactions take place on the network, the individual net-worth of all who own a piece of the network increases as well.
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