2022-04-20 01:28:23
++ MID-LONG Term ++
++ ERC20 ++
Burn Project + Fair Launch Tomorrow, April 20th +
Hi everyone! This is a Fair Launch
coming out tomorrow, April 20th, by the outstanding $SHIBDOGE team (200M market cap on ATH).
$BURN is inspired in the idea and concept that is very ordinary in the memecoin space
"when burn?"
We have seen huge projects such as $SHIB - just as an example - creating and diversifying in several ways to improve their burn mechanism and increase each token value to achieve their goals.
However,
$BURN goes way beyond that. $BURN not only aims to be a hyperdeflationary token itself, but it has a different 'burn' mechanism that will basically 'exclude' tokens from the blockchain.
$BURN is the 1st project under ShibDoge Labs - their Launchpad. In addition to buying back and burning their own supply (in addition to the 80% burnt on launch), $BURN has a 2% tax that is exclusive for buying back & burning $SHIBDOGE.
And they have another
2% Tax that will go for their Burn DAO Treasury - meaning that community can vote in what projects they want the Burn DAO Treasury to buyback and burn.
It is quite interesting to think that this team could easily navigate and find several partnerships to create a burn mechanism for them, while
$BURN itself would have a great exposure and ever-growing buy volume.
This is an experimental project from
ShibDoge Labs, but already has a MASSIVE team of backers and a mid term plan for the launch.
We also recommend checking their Medium article:
https://realshibadoge.medium.com/introducing-the-burn-project-c6ffd847d567
This is A VERY HYPED launch and AS ALWAYS, we always suggest to wait for Liquidity to be Locked or for the 1st dip. Launch time will be announced on their Telegram tomorrow. Always pay attention to avoid scammers.
n.a Market Cap
$BURN
Contract - Available on launch. Always pay attention to avoid scammers.
Website - Deflationary.com
White-paper - n.a
Dextools - Available on launch.
Telegram - https://t.me/ShibaDoge_Portal
Limitations - n.a
Potential: n.a
Tax: 15% on Buys & Sells (5% BuyBack & Burn $BURN | 2% BB $SHIBDOGE | 2% Burn DAO Treasury | 3% Liquidity | 3% Development)
Comments: n.a
Liquidity: $200.000 to $500.000 Initial Liquidity
MID-HIGH RISK
Remember to take out your profits.
Not Financial Advice.
3.1K views22:28