SpaceCorgiSCORGI
$0.00000000544
Market/Exchange
SCORGI Price Prediction and Price Movement
SCORGI has been down 0 percent over the last three months, and with its small market capitalization, it is very likely that such price movement may continue. However three months is still considered early in the crypto world and it is also likely that SCORGI's price may bounce back if it has a solid team and has delivered what they promised on their white papers. Therefore traders should be careful and should research thoroughly and see if SCORGI is backed by a solid development team and whether SCORGI's technology has any potential to grow.
Please note that this analysis is purely base on SCORGI'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.
SpaceCorgi Price Chart
About SpaceCorgi
SpaceCorgi is a pet service-oriented autostaking, deflationary, utility token. SpaceCorgi leverages memenomics with real-world token utility, establishing a shared utility network across the pet retail and service industries with interchangeable referral and reward programs.
TRACTION / PARTNER NETWORK
- Initially, SpaceCorgi will be accepted by Scoopers.club, a dog waste removal app, as a form of payment.
- Scoopers will also leverage SpaceCorgi for referral and rewards programs.
- As additional pet partners join the utility network, SpaceCorgi will function as an interchangeable and frictionless value store.
LAUNCH
RFI tokenomics and auto-liquidity generation are maintained as staples of SpaceCorgi. SpaceCorgi is a fair launch following these steps:
- Dev minted tokens.
- Dev sent the balance to DxSale for a fair launch. 3% of tokens are reserved in marketing wallet for community benefit.
- Remainder of tokens are burned.
- DxSale protocol is utilized to foster trust by auto-locking liquidity.
- SpaceCorgi is a community-owned token.
TOKENOMICS
- A liquidity fee of 3% is taken from every transaction.
- 1% is redistributed to holders in reflection.
- Total Supply: 1000 Trillion
- Initial Burn: 500 Trillion
- Symbol: SCORGI
- Decimal: 9
DEFLATIONARY BURNS
Burning the supply of $SCORGI increases the price through deflation. Contrary to many mining or staking projects that burn tokens from what they mint, our burns are real-world, permanent depletion from the circulating supply. Originally, we burned these coins by sending them to the burn wallet (0xdead) after minting them for the autostaking calculation; however, this is not considered a burn because these coins were deposited in the burn wallet before circulation. By making all the tokens scarcer with every transaction, a real deflation will push the price higher. Initially, the burn address consists of 50% of the total $SCORGI supply, so it will receive half of the 1% fee with every transaction. With time, the burn wallet will account for more than 50% of the total transactions, and it will consume a greater proportion of the 1% transaction and becomes more deflationary.