BTSE will add KONG (KONG) onto its platform, adding to its users’ selection of quality digital assets. Additionally, KONG will be listed on BTSE’s wider ecosystem of 10+ white-label crypto exchanges, enabling better liquidity and pricing. Users will be able to trade KONG via the KONG/USDT and KONG/USDC trading pairs.
1. Deposits enabled: 4:00 AM (UTC) on June 20, 2023 (supported network: ERC-20)
2. Trading enabled: TBA
3. Withdrawals enabled: TBA
KONG: Striving for Meme Coin Dominance
Envisioned as a dominant meme coin in the crypto space, KONG is a community-driven project revived by leaders from well-known crypto communities, including – Miladys, BAYC, Nouns, and top L1 Protocols. It not only aims to master the meme coin realm but also unlock its inherent potential. KONG is determined to give its holders an engaging platform, allowing them to have a hand in shaping the ecosystem. It’s a community-centric solution that motivates participation and empowers the token holders themselves.
KONG Token: Establishing a Robust Meme Coin Ecosystem
KONG is an ERC-20 token with an ambitious plan and four main features:
1. Assurance: The Liquidity Pool (LP) for KONG is locked, and the contract has been renounced, ensuring that the original creators have surrendered their ownership and established a safety net against rug pull incidents.
2. Supply: With a max supply of 500 billion KONG tokens, it ensures ample distribution, fostering a wide-ranging, community-driven economy.
3. Stability: At the time of launch, KONG has locked 35 ETH in its LP. This step ensures a solid backing to the token’s value, providing a strong foundation for future stability and growth.
4. Deflationary Mechanism: Approximately 33% of the KONG supply has been burned. This approach aims to increase scarcity, boost value, and encourage holding by reducing the total supply of tokens over time.
Note: KONG should not be viewed as a financial instrument. It inherently holds no economic value and doesn’t promise any prospective financial gains. Primarily, KONG serves as a means of entertainment. There’s no officially established team behind it, nor a predetermined course of action or roadmap.
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