Lack of Value in Most Meme Coins

In recent times, meme coins have gained much popularity to the extent that they are just as popular as the mainstream crypto currencies like Bitcoin, Ethereum, Binance Coin, to name a few. Meme coins like Doge coin, which was created as a joke in 2013 and Shiba Inu, created in 2020, now rank among the top ten coins listed in Coinmarketcap.com. Specifically, meme coins became more popular because of Elon Musk’s love for Doge coin (DOGE). This resulted in the rise of numerous meme coins.

Meme coins are crypto coins that are basically inspired by social media memes and supported by specific communities. While traditional crypto currencies are usually created as a means of solving real world problems and to carry out some amount of utility for users , meme coins are however, created with no utility in mind. Basically, It is created with no intention to solve practical problems. They simply exist as crypto currency that is attached to a meme. Bitcoin, an example of mainstream crypto currency, have been made with specific technology to boost trading and transactions in the crypto market. Meme coin are devoid of fundamentals, they are more of community driven occurrence; a form of expression.

Santa Coin: Meme Coin with Unique Qualities

Although most meme coins are created without much functionality, this is not to say that some of the meme coins don’t possess the potential to outperform the likes of Bitcoin and Ethereum in certain ways. Notably, the circulating supply of coins like SHIB and DOGE at over 500 trillion and 100 billion respectively means that they could become more practical for daily payments due to their lack of scarcity compared to Bitcoin’s limited capped supply of 21 million coins for instance. Meme coins are more of community driven phenomenon.

Santa Coin is a meme coin that possesses special qualities that makes it unique among other meme coins. Santa Coin is a big bang among other meme coins. It is a coin with a difference. Santa coin is the latest profit-generation token that rewards its holders with BUSD stable coin. Santa coin has made it a lot more beneficial to holders by setting a new standard DeFi innovation – distinctive token distribution strategy. Eight per cent (8%) of every buy and sell is redistributed to all holders in Binance stable coin - BUSD, which is automatically paid every one hour. That is, for each transaction, holders will automatically receive 8% return in BUSD in their respective wallets.

In every transaction, two per cent (2%) is transferred into liquidity pool for pancake swap to create a stable price floor for users. Three per cent (3%) of every transaction is reserved for calculated buy-back as spelt out on the contract. These unique features, in addition to the Santa Coin’s experienced developers and influencers in the crypto space, will make Santa coin foundation solid for long term growth to the moon!

Unique Benefits of Santa Coin

BUSD Rewards to Holders: Santa Coin has unique features – 8% redistribution in BUSD. This means that 8% of every buy and sell transaction will be automatically redistributed to all token holders - meaning that BUSD will be delivered to holder’s wallets automatically according to their Santa Coin holding proportion. In short, users will be able to earn passive income in BUSD.

Buy-Back Reserve: A remarkable feature of Santa Coin is its 3% strategic buy-back reserve. Here, the tokens collected from these fees are converted into BNB, which are locked and stored in the Santa coin contract. The project has two buyback systems: (1) Moonshot Buyback – where a large buyback is deployed at specific moments and generates a big-green candle in the chart and, (2) AutoBoost Buyback - where small buys occur to discourage early sellers. The buyback activity is designed to create a proper burn and guarantees that the price per token will increase whenever the buyback is activated.

Automatic Liquidity: Two per cent (2%) of every transaction in Santa coin is sent to Pancakeswap for liquidity. The project’s smart contract deposits 3% from every buy/sell transaction as SANTA and BNB with the liquidity pool. Concurrently one per cent of every transaction is assigned to fuel the projects in the ecosystem and also remunerate the active community.

Anti-Whale Mechanism: Whale manipulation is sometimes experienced in cryptocurrency space. Santa, therefore, introduced some measures to curb whale manipulation. One per cent extra fee is applied to all sales. Swing trading is discouraged by this move and, consequently, lessens whale manipulation. Apart from this , the smart contract design will ensure that no sales in excess of 0.2% of the circulating supply will be recorded and possible at once.

Dedicated App: Santa will feature a dedicated App on its platform. The App will enable users to see how many BUSD reflections that have accrued in their account. Though the rewards are distributed automatically, the App is designed in such a way that owners can claim BUSD and rewards manually.

Robust Tokenomics: In order to enhance the market value of Santa Coin, the team have adopted the following Tokenomics: 50% of tokens are sent to the burn address; 45% will be transferred to pre-sale and initial liquidity; 3% to the founders and the team; 2% of the total initial tokens are airdropped.

Liquidity for Investors: In order to ensure that investors get reward for their investment, Santa will make certain that investors will not have problems when they want to withdraw their tokens. For this to be achieved, the liquidity on Pancakeswap will be locked for one year – meaning that the liquidity will not be withdrawn from the exchange even by the team. This step will assure investors that they can quickly sell their tokens holding at their desired gains.

Santa F1 Racing Game: Another innovative feature of Santa Coin is the design of the SANTA F1 racing game. Santa F1 racing game work is on-going and will create a new model for digital ownership and gaming. Utilizing the blockchain technology, Santa NFTs will allow players to relish a play-to-earn gaming ecosystem. In this regard, players will be remunerated appropriately based on their skills. In view of this, Santa F1’s in-game assets can be traded and wholly owned by players. The game in itself is a way of empowering players as well as enabling players to perform their best.

Santa coin is an offshoot of Evergrow Coin and is, therefore, adopting the successful steps of Evergrow Coin. Santa Coin has all that it takes to move to the moon, and as Christmas draws near, Santa Coin is expected to grow in value as well as increase in community members. This means more rewards for holders of Santa Coin.

Santa Coin Tokenomics

Total Supply: 1,000,000,000,000,000 SANTA.
Ticker: SANTA
Total Burn: 50%
Pre-Sale and Initial Liquidity: 45%
Founders and the Team: 3%
Airdrop: 2%
You can buy Santa coin by visiting: https://santacoin.io/

Santa Coin Roadmap

September 2021: Conceptualization, Team Assemble, Litepaper
October 2021: Homepage Design, Smart contract audit, Dapp and Swap Exchange launch
November 2021: IDO on Pinksale, launch onPancakeswap, listing on Coingecko, CoinmarketCap
December 2021: Aggressive marketing, press-releases, youtube promos, twitter influencers
January 2022: Launch of our play to earn Car racing NFT game and strategic partnerships with celebrities in gaming industry
February 2021: CEX listings, more aggressive marketing campaign
March 2022: Hit $100m marketCap target before the end of February 2022

Conclusion

Santa Coin is a unique and special meme coin that has come to redefine the meme coins and add more value to its holders when compared to other meme coins. Santa coin is truly a ‘gift-coin’ to HOLDERS as gives out to holders in a unique way – BUSD! Eight per cent (8%) of every buy and sell transaction are automatically distributed to all token holders in BUSD. This implies that holders automatically earn passive income by holding Santa coin in their wallets. Santa coin have numerous features that makes it stand out from other meme coins, such features include – buyback reserve which are of two types: Moonshot buyback and AutoBoost buyback.

Santa coin is designed to have automatic liquidity for swapping in Pancakeswap. Two per cent of every transaction is sent to Pancakeswap for liquidity. The projects smart contract deposits three per cent Santa coin/BNB into the liquidity pool, hence, for easy transactions. Santa coin is designed to have anti-whale mechanism so as to discourage market manipulation. Santa has a dedicated App to enable users to view and withdraw their earned tokens. Santa coin is designed to manage market fluctuations and enhance coin value. In order to create/enhance digital ownership and gaming, Santa coin introduces Santa F1 racing game. With Santa’s NFT and blockchain integration, players can play-to-earn in the gaming ecosystem. Skills are rewarded with real value rewards. Santa Coin have come as a ‘gift’ to holders. Santa con is a unique meme coin that has come to benefit its holders in a unique way. You can buy Santa coin by visiting: https://santacoin.io/

For more information about Santa coin, please visit the following sites:

Website: https://santacoin.io/
Twitter: https://twitter.com/Santa_Coins
Telegram: https://t.me/Santa_Coin
Telegram Announcement: https://t.me/Santa_news
Bounty Telegram Group: https://t.me/santacoinbounty
Santa coin App: https://santacoin.app/
Reddit: https://www.reddit.com/r/SantaCoin/
Santa Coin at Coinmarketcap: https://coinmarketcap.com/currencies/santa-coin-2/

Author’s Information:

Link to Proof of Authentication: https://bitcointalk.org/index.php?topic=5372771.msg58598757#msg58598757
Forum Username: evichi
Forum Profile Link: https://bitcointalk.org/index.php?action=profile;u=1717893
Telegram Username: @jaymay
Participated Campaign: Article
BSC Wallet Address: 0x3505596EC25804d2194356DFEA52d1224625763B
E-mail: [email protected]