Here we have information about a new cryptocurrency that is going to release soon. The Crypto market is very big every day we listen to new coins and tokens. Some coins make a large profit for some people. Many investors have changed their life by trading in these currencies. Some of the most recent currencies which succeeded in grabbing user’s attention are Dogecoin, Shiba Inu, WazirX Token, Fantom, Polygon (Matic), etc.
Now a new coin DOSA INU has been announced to be released on 27 June 2021. According to the website of Dosa Inu it is an original fork of Shiba Inu.
What is the DOSA INU token?
Dosa Inu token is an original fork of the recently launched Shiba Inu (also known as Dogecoin killer). Like Shiba Inu, Dosa Inu is not a deflationary meme coin. Dosa Inu will be the first meme coin-focused decentralized exchange that is fully community-driven. Dosa Inu dex will only list verified meme coin projects.
Features of Dosa Inu
- Fair Launch: The developers of Dosa Inu holds no team tokens and they will purchase on the open market upon launch of this token.
- Safe & Secure: Dosa Inu makes sure for the security of investor’s investment by multiple audits conducted by third-party firms. The Dosa Inu team will burn IP tokens upon the launch of dex.
- Community Driven: Dosa Inu is 100% community-driven which means every holder is part of the team and governance. Every member has a part to play in order to make the project succeed.
- RFI Static Rewards: According to the Dosa Inu website 1.5% of all transactions are distributed to holders. Your tokens increase the second you begin holding. You will gain more if you hold longer.
- Auto Liquidity: According to the Dosa Inu website 3% of every transaction is automatically locked as liquidity into the PancakeSwap Dosa Inu/BNB pool. This increases the liquidity rapidly!
- Continuously Rising Price Floor: According to Dosa Inu’s official website, 50% of the total Dosa Inu token supply will be burnt during launch, sent to a burn/dead wallet. This wallet counts as a holder, also known as a black hole. As a holder, this wallet will receive the static rewards instantly taking them out of circulation forever, with every buy or sell the amount of Dosa Inu in circulation reduces. along with the auto liquidity, these features create a continuously rising price floor!