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MAKE is a cryptocurrency project launched in 2024 on the Binance Smart Chain, connected to the MAKE Movement. The initiative utilizes the $MAKE memecoin, implementing a unique transaction fee structure. It imposes a 5% tax on $MAKE, with half allocated for the automatic buyback and burn of $SNAKE tokens. Similarly, a 5% tax on $TRUMP directs half towards the automatic burn of $MAKE. Originally, the token had a supply of 100,000,000, with 60% already burned, leaving zero in circulation. Despite this, trading remains active, with daily volumes reaching up to $441,554.88 and fluctuations in price, recently around $0.0786, reflecting a 20.42% decrease. The project showcases a unique deflationary mechanism, promoting scarcity and value retention through strategic burns. For more details, visit makemaga.vip.
MAKE is a cryptocurrency project launched in 2024 on the Binance Smart Chain, connected to the MAKE Movement. The initiative utilizes the $MAKE memecoin, implementing a unique transaction fee structure. It imposes a 5% tax on $MAKE, with half allocated for the automatic buyback and burn of $SNAKE tokens. Similarly, a 5% tax on $TRUMP directs half towards the automatic burn of $MAKE. Originally, the token had a supply of 100,000,000, with 60% already burned, leaving zero in circulation. Despite this, trading remains active, with daily volumes reaching up to $441,554.88 and fluctuations in price, recently around $0.0786, reflecting a 20.42% decrease. The project showcases a unique deflationary mechanism, promoting scarcity and value retention through strategic burns. For more details, visit makemaga.vip.
MAKE is a blockchain initiative designed to engage the community through the MAKE Movement and its unique memecoin, $MAKE, on the Binance Smart Chain. It implements a novel tax mechanism to sustain its ecosystem, with a focus on token burns to enhance scarcity and potential value. This strategy involves a dedicated 5% transaction tax, ensuring sustainable tokenomics.
The MAKE project's fee structure imposes a 5% tax on transactions involving tokens like $MAKE and $TRUMP. For $MAKE, 50% of the tax is used for an automatic buyback and burn of $SNAKE tokens, while for $TRUMP, half of the tax is allocated to burning $MAKE tokens. This mechanism reduces the circulating supply, potentially increasing token scarcity and value over time.
Unlike conventional memecoins, MAKE employs a targeted recompense through a transactional tax that funds systematic token burns and buybacks. By consistently reducing the token supply—60% has been burned since 2024—MAKE prioritizes strategic deflation, potentially enhancing long-term value and scarcity, distinguishing it within the memecoin sector.
Engaging in the MAKE Movement offers participants exposure to a cryptocurrency ecosystem focused on strategic tokenomics, including controlled supply reduction and enhanced market dynamics. Participants benefit from the token burn mechanisms designed to increase scarcity and potential token value, balancing meme culture with sophisticated economic structures.
As of the latest data, $MAKE has no circulating token supply due to significant burned tokens accounting for 60% of the original 100,000,000 supply. Despite this, it is actively traded with a daily volume of approximately $260,975.29, although recent market fluctuations have seen the price decreasing by 20.42% to $0.07863565.
To address transaction issues on the MAKE platform, ensure your wallet is compatible with BNB Smart Chain (BEP20) and has adequate BNB for transaction fees. Double-check token contract addresses, and stay informed about network congestion that could delay transactions. For specific issues, consulting the MAKE community or official support channels may provide useful insights.
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