MakkMAKK
$0.00000000159
Market/Exchange
MAKK Price Prediction and Price Movement
MAKK is up 356.57 percent over the last three months, while its market capitalization is still considered relatively small, which implies that the price of MAKK can be very volatile comparing to those with larger market cap during big market moves. However, with a stead growth over the past three months, MAKK has the potential to grow further and may yield some very decent gains. Again traders should remain cautious at all time.
Please note that this analysis is purely base on MAKK's historic price actions and is by no means financial advice. Traders should always do their own research and be extra careful while investing in cryptocurrencies.
Makk Price Chart
About Makk
Makk is a deflationary DeFi token that operates on the Binance Smart Chain. The fundamental principles of Makk are Deflation, Reflection and Automated Liquidity Acquisition to ensure a fair treatment for all investors and holders
Makk operates on a 9% transactional fee from each trade. This fee is distributed in the following way:
Reflection - 3% to proportionally reward existing Makk token holders and incentivise further acquisition of tokens and overall growth. A portion of the reflection also goes permanently to an inaccessible burn wallet, to decrease permanent supply and increase scarcity
Liquidity Pool - 3% this acts to stabilise the value of Makk and prevent whales from selling out crashing the price
Development and Marketing - 3% goes to funding ongoing Makk projects and community engagement and enhancements
The tokenomics of Makk purposefully act to benefit Makk holders and the project as a whole by locking 3% in the liquidity pool to ensure a stable price and prevent large sell-offs that impact the overall price, yet still rewarding existing token holders for their loyalty and incentivising future growth. Reflection also includes the burn of Makk tokens to a dead wallet as a proportional part of the Reflection to ensure the volumes of Makk in circulation are deflationary, increasing the scarcity and value of Makk.