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Shrek Coin, with the ticker SHREK, is a meme token inspired by the popular animated character, Shrek. The token is built on community, entertainment, and engagement principles, creating a safe space for all Shrek lovers to come together and have fun together. The fun and excitement offered by Shrek Coin are evident from the playful language used on the website, such as “Join us for an endless adventure to the moon!” and “Tweet @ElonMusk!”
The Tokenomics section of the website states that 95% of the SHREK supply was added to the liquidity pool, providing liquidity for centralized exchanges. The remaining 5% will sit in the team’s marketing wallet to promote the token and provide liquidity for centralized exchanges. Ownership of the contract has been renounced, and liquidity has been locked for 100 years. There is no tax on buying and selling Shrek Coin, giving power to the people.
The roadmap outlines three phases for Shrek Coin. Phase 1 includes a stealth launch, lock liquidity, renounce ownership, CoinGecko/Coinmarketcap listings, and 1,000+ holders. Phase 2 involves getting SHREK trending globally, reaching 10,000+ holders, and getting listed on centralized exchanges. Finally, Phase 3 will see Shrek Coin reach 100,000+ holders, get listed on tier 1 exchanges, and introduce Shrek Merch, Tools, and 5. Shrek Coin acknowledges that it has no association with Dreamworks and that the token is only for entertainment.
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