INU is not your average ERC20 token; it’s a game-changer in the world of cryptocurrency. Launched on June 4, 2023, INU boasts a unique tokenomics model with no fees and burnt liquidity, which sets it apart from its predecessors. With a total supply of 100 trillion tokens, of which 96 trillion are in circulation, INU aims to foster decentralization and community empowerment. The token can be traded on Uniswap, transferred between Ethereum blockchain users, and serves as a cornerstone for meme culture in the crypto space. Intrigued? Let’s dive deeper into what makes INU an essential asset in any crypto portfolio.
What Is INU [INU]?
INU is an ERC20 token like no other. Its straightforward tokenomics, devoid of any fees, combined with permanently burnt liquidity, make INU a unique token in the cryptocurrency scene. Created exactly 2 years, 10 months, and 4 days after its predecessor Shiba Inu, INU continues the legacy of decentralization, which has always been the key to success in the crypto world. INU is designed for trading on Uniswap, transferring between users on the Ethereum blockchain, and, importantly, being a great meme.
How Many INU Coins Are There in Circulation?
INU launched on the Ethereum mainnet on June 4, 2023. The total supply of INU is 100 trillion tokens, with a circulating supply of 96 trillion tokens. The liquidity pool created with this 96% of the total supply has been burnt forever, ensuring a deflationary model that could potentially increase the token's value over time.
Who Are the Founders of INU?
The founder of INU is a well-connected individual in the crypto scene who prefers to remain anonymous. Despite the anonymity, the impact of INU was immediate, with the token achieving over $20 million in total volume on Uniswap within just the first day of its launch.
Where Can I Buy INU [INU]?
INU is available for purchase on Uniswap, a decentralized exchange accessible to everyone worldwide. This ensures that anyone, regardless of their location, can trade INU tokens easily and securely.
What Makes INU Unique?
INU aims to take the world of meme tokens by surprise. The token was launched in complete silence, creating a healthy token distribution driven solely by its community. INU uses a standard ERC20 contract that prevents any malicious functions, making it a technically simple yet secure project to invest in. Additionally, the name "INU" is short, catchy, and easy to remember, adding to its appeal.
Tokenomics and Distribution Model
Total Supply and Circulating Supply
The INU token operates on a deflationary model. The total supply is capped at 100 trillion tokens, with 96 trillion currently in circulation. The remaining tokens have been burnt, ensuring that the supply decreases over time, which could potentially increase the token's value.
Burn Mechanism
A unique feature of INU's tokenomics is its burn mechanism. The liquidity pool created with 96% of the total supply has been burnt forever. This deflationary approach is designed to increase the value of the token as the supply decreases.
Fair Launch
INU was launched without any pre-sales or private sales, ensuring equal opportunities for everyone to participate and acquire the tokens. This approach promotes decentralization and encourages a wide and diverse ownership base.
Incentives for Holders
INU's tokenomics are designed to incentivize holders and discourage large sell-offs. By burning a portion of each transaction, the total supply decreases, making the remaining tokens more valuable. This mechanism also rewards existing holders by redistributing a portion of each transaction to them, further encouraging long-term holding and loyalty.
Market Data
Current Price and Market Cap
- Current Price: $0.0000
- Market Cap: $0.00
Price Changes
- 24h Price Change: 1.19%
- 7d Price Change: 26.34%
- 30d Price Change: 81.26%
Highs and Lows
- 24h High: $0.0000
- 24h Low: $0.0000
- All-Time High: $0.0000 (2023-06-06T19:46:00.000Z)
- All-Time Low: $0.0000 (2023-11-27T01:30:00.000Z)
Supply
- Circulating Supply: 0.00
- Total Supply: 100,000,000,000,000.00
Purpose and Utility of INU
Governance
INU serves as a governance token, allowing the community to vote on proposals and influence the project's direction. This is a crucial aspect of the token's utility, as it enables the community to have a say in the decision-making process.
Ecosystem
INU has developed an ecosystem that includes decentralized applications (dApps) and a decentralized exchange (DEX) called ShibaSwap. ShibaSwap allows users to trade cryptocurrencies in a decentralized manner, providing a safe and secure platform for users to engage with INU.
Payment Method
INU can be used as a payment method for goods and services in e-commerce marketplaces. Customers can also use it to pay for premium content on streaming platforms.
Rewards and Benefits
Holding INU tokens grants users certain benefits, such as additional rewards, discounts, and access to exclusive features. For example, holders can participate in exclusive yield farms, stake tokens in liquidity pools, and more, providing added value compared to non-holders.
Team Behind INU
Anonymous Founder
The founder of INU is an anonymous individual with significant connections in the crypto scene. Despite the anonymity, the founder's influence and network have played a crucial role in the token's rapid success.
Development Team
The development team behind INU is dedicated to creating an all-in-one cryptocurrency ecosystem. They have extensive experience in blockchain technology and have successfully launched several projects in the past.
Advisors and Partners
INU has partnered with several notable advisors and investors, including Animoca Brands, DWF Ventures, Polygon Ventures, and more. These partnerships provide valuable expertise and resources to help INU achieve its goals.
Conclusion
INU is more than just a meme token; it is a revolutionary asset in the world of cryptocurrency. With its unique tokenomics, deflationary model, and strong community focus, INU has the potential to become a significant player in the crypto space. Whether you're a seasoned investor or new to the world of crypto, INU offers a compelling opportunity to be part of a growing and dynamic ecosystem. Don't miss out on the chance to add INU to your crypto portfolio and be part of the next generation of meme tokens.
