100xCoin is the next step forward to broaden the cryptocurrency's vision and the needs of the community.
While the people are searching for a potential crypto gem, 100x is the first (owner verified as a real person) meme coin that is going to steadily grow in value because of its deflationary nature.
Created by crypto influencer Ken the Crypto on top of Binance Smart Chain.
Ken started several businesses including a successful digital marketing agency due to his trading skill that made him a fortune but the most important thing about Ken and why do community appreciate him is the fact that he is teaching his followers how to buy and sell crypto since the first bull run in 2017 and just a bit of time he launched 100xCoin.
Moreover, the project is committed to better results and becoming the head of the crypto market in a fast line of time.
The token was audited twice and liquidity locked.
Initial 100x token supply is 935,312,500,000,000 and is distributed across wallet holders with no reserve for founders or developers. The total supply is going to steadily decrease because 100x is a deflationary token meaning that some of the supply will be constantly burned.
One thing to keep in mind is that there is no redistribution of tokens. The redistribution actually gives more selling power to holders by sending small amounts of tokens to those wallets. Redistribution only is beneficial to the top 20 or so wallets. This is why the $100x token burns 3.5% of transactions. In this way, holders will benefit from a constant increase in token value.
7% of the transaction fees will be splitted between burn functions, automatic liquidity pool generation, and a development wallet and presented as below:
3.5% burn per transaction
-2% automatic burn
-1.5% reserved for manual burns
2% automatic liquidity pool generation
1.5% marketing and development allocation
The liquidity pool function was taken from the successful project Safemoon. In order to create more liquidity in the PancakeSwap pairing, the automatic liquidity function taxes buyers and sellers 2% each transaction. 50% of this transaction is used to buy BNB. Then the other 50% of $100x is paired with the purchased BNB an added to the liquidity pool.
The remained 1.5% of funds are reserved for marketing and development of the project. 100x has a 24h trading volume around $1M. This 1.5% represents $15k USD that will be used for market growth of the token and developing of future platform features. So, in this form the platform does not rely on any fundraising if a new feature is to be released.
Wallet address will be shared publicly with the community in order to set everything transparent.
With the help of Ken and 100x, we can shape the growing number of players in the cryptocurrency marketplace to seek excellence. 100x has the opportunity to be the best run DAO on the Binance Smart Chain. Throughout this short time the team has done a lot of hard work and it is great to see how supportive they are.
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Proof of Authentication - https://bitcointalk.org/index.php?topic=5333978.msg56894058#msg56894058
Bitcointalk Username - ijeb
Bitcointalk Profile Link - https://bitcointalk.org/index.php?action=profile;u=1668500
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Mientras más leo sobre cripto, más tengo interés, espero seguir aprendiendo. Gracias!
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Cuenta con mi voto suerte.
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Un mundo desconocido, que bueno obtener mas información de él cada día
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Sin querer mi hermanito me toco la tecla de negativo no fue mi intención ni la de mi hermanito lo siento mucho😞
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