What's Hot

    Chinese tax authorities step up pressure on private crypto investors

    26.01.2023

    Tether will look for crypto transactions that pay for child pornography

    26.01.2023

    On-chain activity in the Optimism network collapsed after the end of the NFT bonus program

    26.01.2023
    Facebook Twitter Instagram
    Friday, January 27
    Facebook Twitter Instagram
    Crypto News
    • Home
    • Bitcoin
    • Ethereum
      • Altcoins
      • ICO
    • Analytics
    • Blockchain
    • Other
      • DeFi
      • Mining
      • Regulators
      • Security
    Crypto News
    Home»Altcoins»Has the Shar Pei token earned the status of the new leader of the crypto market memes?
    9793041d7e12b4ba3801fd3beabcea4ccf982d0e
    Altcoins

    Has the Shar Pei token earned the status of the new leader of the crypto market memes?

    AdministratorBy Administrator10.12.2021No Comments2 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Reading time: ~ 2 m


    Shar Pei is a new token meme that has captured the attention of the cryptocurrency world with its rapid growth since its launch in November. At the time of writing, Shar Pei had a trading volume of $ 380,000 with a market cap of $ 6 million.

    In just three weeks after launch, Shar Pei has already amassed over 5,000 holders, which is why it was hailed as the next great meme coin. Shar Pei is believed to be poised to transform the meme token sector, inspired by the popular Chinese breed of large, muscular dogs with characteristic wrinkled skin.

    The token, claimed to be wholly owned by the community, will allow investors to profit from staking in the future.

    Usually, such cryptocurrencies are accused of unfair distribution of tokens, since a large percentage of the emission is divided between development teams and sold to select investors at reduced prices. This usually leads to a dump of tokens immediately after launch, creating an uneven playing field for profit.

    In this regard, the Shar Pei team took a different path, excluding pre-mining, private sale and allocation of tokens for their own.

    As the team of the coin reports, all tokens are in circulation, and liquidity on PancakeSwap is blocked. In addition, 50% of the total supply of tokens (100,000,000,000) are locked in the liquidity vault for five years.

    Shar Pei smart contracts are secure and have been tested several times prior to the official launch to ensure that transactions are safe and tamper-proof.

    Note that many DeFi protocols were also confident in their own security, but they were seriously burned out on this, as were their users. So time will tell how good these checks were.

    Following fashion trends, in the future, the team has planned the release of a charity NFT collection with sharpei, as well as the development of the Play-to-Earn metaverse.




    #Shar #Pei #token #earned #status #leader #crypto #market #memes

    crypto earned leader Market memes Pei Shar status token
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
    Avatar of Administrator
    Administrator

    Related Posts

    Chinese tax authorities step up pressure on private crypto investors

    26.01.2023

    Tether will look for crypto transactions that pay for child pornography

    26.01.2023

    Shiba Inu Network Transferred 3 Trillion SHIB Tokens Worth $38 Million

    26.01.2023

    Djed on the Cardano network will be launched next week. What’s next for ADA?

    26.01.2023
    Add A Comment

    Leave A Reply Cancel Reply

    Recent Posts
    • Chinese tax authorities step up pressure on private crypto investors
    • Tether will look for crypto transactions that pay for child pornography
    • On-chain activity in the Optimism network collapsed after the end of the NFT bonus program
    • Shiba Inu Network Transferred 3 Trillion SHIB Tokens Worth $38 Million
    • AI Calls Bitcoin a Tool to Destroy Central Banks
    Recent Comments
    • 수원출장 on A professor from a US university restored the Tornado Cash code to GitHub
    • 123 on Taproot support added to LND Lightning client
    • houston junk car buyer on 16,000% increase in social media mentions in 2021 Shiba inu
    • Jim Carrey Memy on Bitwise Launches NFT Tracking Index Fund
    • hotshot bald cop on Kava developers launch testnet with EVM support
    Archives
    • January 2023
    • December 2022
    • November 2022
    • October 2022
    • September 2022
    • August 2022
    • July 2022
    • June 2022
    • May 2022
    • April 2022
    • March 2022
    • February 2022
    • January 2022
    • December 2021
    • November 2021
    • October 2021
    • September 2021
    • August 2021
    • July 2021
    • June 2021
    • May 2021
    • April 2021
    • March 2021
    • February 2021
    • January 2021
    • December 2020
    Categories
    • Altcoins
    • Analytics
    • Bitcoin
    • Blockchain
    • Ethereum
    • ICO
    • Mining
    • Other
    • Regulators
    • Security
    Meta
    • Log in
    • Entries feed
    • Comments feed
    • WordPress.org
    Top Posts

    Subscribe to Updates

    Get the latest sports news from SportsSite about soccer, football and tennis.

    Advertisement
    Demo
    Facebook Twitter Instagram Telegram
    • Home
    • Bitcoin
    • Ethereum
    • ICO
    © 2023 Bt-Crow.com - CryptoNews

    Type above and press Enter to search. Press Esc to cancel.