Blockchain
Baby Floki Doge Set To Reach The Moon WIth Over 12000 Holders
London, United Kingdom–(Newsfile Corp. – November 2, 2021) – At the time of writing, Baby Floki Doge’s 24-hour trading volume stood at $485,632; it has obtained more than 12,000 holders in two days of its launch since 27th October. Hailed as the golden child of Doge and Floki, Baby Floki Doge is set on its course to reach Mars based on its hyper-deflationary tokenomics. A platform where every transaction is taxed by 6% of the trading volume and 2% is sent as rewards to the existing holders, the owners of $BABYFD will earn by way of a higher value. They can also stake the currency when the staking platform is ready.
Baby Floki Doge
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Feature Rich Crypto Platform with High-Security System
Baby Floki Doge is a meme coin that works on the basis of a hyper-deflationary contract mechanism. Taking the token burning system to the next level, the burn wallet address of $BABYFD receives the largest supply of tokens, reducing the total circulation supply over time.
The users engaging with Baby Floki Doge will receive higher reflections over time while benefiting from a high-value currency by lowering the token supply. The contract dictating the terms and conditions of reflections, taxation, and burning considers the community’s overall benefit.
Baby Floki Doge development and marketing team is adamant about ensuring that every community member gains the highest profit from the token and that $BABYFD becomes one of the most prized and popular tokens in the crypto space, gaining more ground than Bitcoin.
Tested and Proven System
Before the official launch, Baby Floki Doge was tested via different contracts several times and under different names. To prevent token sniping, the platform leverages anti-sniper bots executed during and after the public launch.
Solidity Finance has audited Baby Floki Doge, and the liquidity has been locked for a minimum of one year.
Taxation, Distribution, and Reflections
Taxing the transactions completed through the platform helps the development and marketing team continue the momentum of building the cryptocurrency. With Baby Floki Doge, this transaction tax is the lowest at 6%.
This 6% tax on buy and sell transactions is broken down to 2%, sent as $BABYFD reflections, and another 2% is allocated to the liquidity pool. The last 2% is reserved for the marketing and development tasks aimed at the growth of Baby Floki Doge.
About Baby Floki Doge
Baby Floki Doge is built by a team of veterans and crypto experts working on a hyper-deflationary system. $BABYFD has an initial token burning contract set in place, which will reduce the circulating supply by 50%. The initial token burning system is further added with a gradual decrease in the price by in-platform burn transactions. Baby Floki Doge aims to create massive income opportunities for the entire community. The users can swap $BNB for $BABYFD on PanCakeSwap and start engaging with a cryptocurrency that brings the best of Dogecoin and Floki to the mainstream.
Media Contact
Brian Dirk
Email – [email protected]
PR – Cryptoshib.com
Email – [email protected]
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/101766
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Blockchain
Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin)
Blockchain technology continues to drive innovation across industries, reshaping finance, infrastructure, and philanthropy. Today’s news roundup explores exciting developments in blockchain ETFs, tokenization funding, quantum-resistant chips, public blockchain initiatives, and impactful social projects. Here’s a deep dive into the latest blockchain headlines:
BlackRock ETF Embraces Blockchain with First Muni Bond Purchase
BlackRock’s blockchain-focused ETF has made its first foray into municipal bonds, signaling increased confidence in integrating blockchain technology with traditional finance. The ETF’s strategic investment demonstrates how blockchain can enhance transparency and efficiency in bond markets.
By tokenizing municipal bonds, BlackRock aims to simplify trading and settlement processes while reducing associated costs. This development underscores the growing role of blockchain in transforming financial instruments and fostering greater market accessibility.
Source: Yahoo Finance
Plume Secures Funding for Tokenization Platform
Blockchain fintech company Plume has raised significant funding to advance its tokenization platform. The company’s innovative approach enables businesses to convert real-world assets into digital tokens, streamlining asset management and unlocking liquidity.
Tokenization is rapidly gaining traction as a game-changer in sectors such as real estate, art, and commodities. Plume’s success reflects a broader trend of investment in blockchain solutions that bridge the gap between traditional assets and decentralized technologies.
Source: Fortune
SEALSQ and Hedera Partner for Quantum-Resistant Blockchain Chips
SEALSQ and Hedera have announced a groundbreaking collaboration to develop quantum-resistant chips designed to secure blockchain infrastructure. These advanced chips will provide robust protection against future quantum computing threats, ensuring the integrity of blockchain networks.
As quantum computing capabilities evolve, safeguarding blockchain ecosystems becomes increasingly critical. This partnership highlights the importance of proactive measures in maintaining the resilience and trustworthiness of decentralized systems.
Source: The Quantum Insider
Deutsche Bank’s Public, Permissioned Blockchain Initiative
Deutsche Bank’s Layer 2 blockchain solution is set to go public and operate as a permissioned network, according to its tech partner. This initiative aims to strike a balance between accessibility and security, leveraging blockchain to streamline financial services and enhance operational efficiency.
The decision to adopt a public, permissioned model reflects a growing trend among enterprises seeking to harness the benefits of decentralization while maintaining control over sensitive data. Deutsche Bank’s approach could serve as a blueprint for other financial institutions exploring blockchain adoption.
Source: CoinDesk
KuCoin’s “Light Up Africa” Initiative Brings Hope to Thousands
Cryptocurrency exchange KuCoin has made a significant impact through its “Light Up Africa” donation ceremony in Ghana, benefiting 36,000 children across the continent. The initiative combines blockchain technology with philanthropy to address energy poverty and support education.
By leveraging blockchain for transparency in charitable contributions, KuCoin sets an example of how the crypto industry can drive meaningful social change. The project demonstrates the potential of blockchain to empower communities and foster sustainable development.
Source: PR Newswire
Industry Implications and Key Takeaways
Today’s developments highlight the transformative potential of blockchain across multiple domains:
- Integration with Traditional Finance: BlackRock’s ETF underscores the synergy between blockchain and established financial systems.
- Tokenization Trends: Plume’s funding success reflects the growing demand for digital asset solutions.
- Quantum-Resistant Technologies: SEALSQ and Hedera’s partnership addresses emerging cybersecurity challenges.
- Enterprise Blockchain Adoption: Deutsche Bank’s public, permissioned network showcases the adaptability of blockchain in financial services.
- Social Impact: KuCoin’s philanthropic efforts illustrate blockchain’s capacity to drive positive societal outcomes.
The post Blocks & Headlines: Today in Blockchain (BlackRock, Plume, SEALSQ, Hedera, Deutsche Bank, KuCoin) appeared first on News, Events, Advertising Options.
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