Milford, Delaware--(Newsfile Corp. - August 5, 2022) - The ShibaDoge team is excited to announce the release of the SHIBDOGE token. According to the team, the token was initially released as an Ethereum-based utility subtoken built on the principles of community, unity, and decentralization.
The ShibaDoge token was launched on December 24, 2021, and half of the total supply of 420 sextillion was burned as soon as it was launched.
ShibaDoge Tokenomics
The Tokenomics of ShibaDoge are designed to reward holders and grow the project through a buy and sell tax implemented on every transaction. ShibaDoge Tokenomics follow the 5 by 5 by 5 model, where a total of 15% of every transaction is equally distributed to the liquidity pool, holders, and marketing wallet.
The tokenomics for ShibaDoge also contains anti-whale protections by limiting an individual max wallet to 1%, meaning no single wallet can control a majority of the supply of the token.
Liquidity Pool
ShibaDoge has the majority (85%+) of its liquidity locked in the smart contract forever. This means that no one, not even the developers themselves have access to the liquidity pool, further ensuring the safety and longevity of the token holders and project - a tailored solution embracing the long term vision of ShibaDoge and fulfilling the vision of decentralization. At the time of publishing, less than 15% of the ShibaDoge liquidity pool is kept by 3rd party liquidity locker Unicrypt.
How to buy ShibaDoge
ShibaDoge tokens...
Your content is great. However, if any of the content contained herein violates any rights of yours, including those of copyright, please contact us immediately by e-mail at media[@]kissrpr.com.
INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...