Doge Yellow Coin (DOGEY) is a new cryptocurrency that aims to emulate dogecoin with the support of Elon Musk. It is a rug-proof deflationary BEP20 token built on the Binance Smart Chain. The tokenomics of DOGEY are designed to incentivize holding, as the more tokens you hold, the more tokens you will earn. Additionally, selling DOGEY tokens automatically increases their value through burning. With a total supply of 100 billion, DOGEY creates an ecosystem that encourages investors to hold their tokens and enjoy the rewards.
DOGEY’s tokenomics are built with diamond-handed investors in mind. 5% of every transaction is reflected to hodlers, meaning that every holder receives a share of the transaction rewards. Another 4% of every transaction is transformed into liquidity for Pancakeswap, ensuring a stable price floor. Additionally, 2% of each transaction is burned, increasing the overall value of the coin over time. The token’s funds are safe, as the initial liquidity provided is locked with SWAP. Furthermore, a 5% marketing wallet ensures support for marketing efforts and expenses in the upcoming months.
DOGEY has a clear roadmap, with various phases in place. The first phase includes concept design, roadmap development, whitepaper creation, website and social media channels establishment, community building, marketing strategy, and the swap. The subsequent phases involve PancakeSwap launch, liquidity pool lock, roadmap updates, whitepaper version 2, logo placement on platforms like TWT and Coingecko, and listings on exchanges like Pancakeswap, Hotbit, Okex, Bitfinex, and Gateio. Future plans also include DOGEY staking, a DOGEY DEX, audits by Desert Finance and Certik, listings on additional exchanges, and the introduction of a DOGEY NFT marketplace.
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