LunaDoge is a DeFi meme token inspired by Dogecoin and reflect.finance. Two functions occur during each trade: static rewards and automatic liquidity pool (""LP"") acquisition via transaction taxes. A 5% tax is applied to every trade for static rewards and a 5% tax is applied to every trade for automatic LP acquisition.
Static rewards are used to solve problems related to impermanent loss. The reward amount is conditional upon the volume of the token being traded. This mechanism aims to alleviate some of the downward sell pressure put on the token. Furthermore, the mechanism encourages holders to hold onto their tokens to obtain rewards from every LOGE transaction. The static rewards are proportionally shared over all LOGE holders and dependent on the total tokens held.
Automatic LP acquisition is a function of the contract that is beneficial for holders as the LunaDoge contract applies a 5% tax to every transaction of which half is sold to BNB (the asset paired with LOGE in the liquidity pool) and then the equal share of BNB and LOGE is added to the LP, creating an ever-increasing floor for the liquidity pool. As the liquidity pool increases, the price stability increases as well. The purpose of the automatic LP acquisition is to prevent big price swings when top holders sell or new investors want to enter the tokens without having to worry too much about slippage. The automatic LP acquisition creates a long-term benefit for the token and solves the prior issues related to static rewards, where rewarding holders was only beneficial in the short-term.
Where is LunaDoge available for purchase?
You can exchange LOGE tokens on both decentralized and centralized crypto platforms. The favored choice for purchasing and trading LunaDoge is PancakeSwap (v2), notably the LOGE/WBNB pair, which saw a trading volume of $ 13.91 in the past day.
What is the highest value LunaDoge (LOGE) has ever reached?
LunaDoge (LOGE) reached its peak price at 0.085982 $ on 31 May 2021, approximately 4 years ago ago. Presently, the current price is -99.99% lower than this all-time high.
What is the historical minimum price for LunaDoge (LOGE)?
The minimum price reached for LunaDoge (LOGE) was 0.0152179 $, documented on 08 June 2024, more than a year ago. In comparison, the current price is , it equal this historical low.
What is the fully diluted valuation of LunaDoge (LOGE)?
The fully diluted valuation (FDV) of LunaDoge (LOGE) stands at $ 0.2175. This figure reflects the maximum potential market capitalization, considering that the current circulating supply is at its maximum of LOGE tokens. The realization of this FDV might take several years depending on the emission schedule of LOGE tokens.
How to add LunaDoge (LOGE) to MetaMask?
By integrating LunaDoge (LOGE) into MetaMask, you gain access to features like monitoring your token balances and trading on decentralized exchanges. To do this, you'll need to import LOGE as a token. You can either manually import LOGE by copying its contract address (0xb99172949554e6c10c28c880ec0306d2a9d5c753) or use MetaMask's Chrome extension to add LOGE with a single click through P.CASH.
How to add LunaDoge (LOGE) to TrustWallet?
Incorporating LunaDoge (LOGE) into your TrustWallet setup enables you to monitor your token holdings and engage in decentralized exchange transactions, among other functions. To include LOGE, you can either manually import it using the contract address (0xb99172949554e6c10c28c880ec0306d2a9d5c753) or conveniently add it to Trust Wallet with just one click via P.CASH if you've installed Trust Wallet's Chrome extension.
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