santacoin.io
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What is https://santacoin.io/?
The cryptocurrency industry is growing — almost everyone can attest to that. In this, new innovations emerge such as set-aside funds (DeFi), unmistakable tokens (NFTs), and memecoins.
Specifically, memecoins are famous for Elon Musk’s love of Dogecoin (DOGE). This has led to the rise of other memecoins such as Safemoon, Shiba Inu (SHIB), and many others.
That being said, Santa Coin, another meme coin, is also trying to keep up with the competition. Currently, Santa Coin is said to be the latest crop production token that rewards BUSD for its owners. In addition, it introduces a new level of DeFi tokenomics and a token distribution strategy that changes the game. Here, all purchases/sales via Santa Coin are tax-deductible and are used to fund advanced solutions such as automated purchases and manual purchases as well as to increase revenue on exchanges. Therefore, these elements, combined with experienced developers and influencers in the crypto space, will solidify Santa Coin and push it to long-term growth and development.
Currently, Santa is entering the crypto industry. It aims to reward those who will shake hands with BUSD — which means, if you use the HODL Santa Coin, you will receive USD prizes.
As of Nov. 4, SANTA paid more than $ 1.7 million to token executives in its first 6 days — to see live prize distribution statistics, visit https://app.santacoin.cash/.
Santa Coin has unique features such as 8% redistribution to BUSD. This means that 8% of all buying and selling activity will be automatically redistributed to all token holders. That is, owners do not have to claim their prizes as BUSD because they will be automatically delivered to their wallets according to their Santa Coin hosting. In short, users will be able to earn a steady income through BUSD.
Another notable feature is its 3% buy-back reserve strategy. Here, the tokens collected from these funds are converted into BNB, locked and stored in a Santa Coin Contract. However, note, the project has two different back-end schemes: Moonshot Buyback where large purchases are shipped periodically and produces a large green candle in the chart and AutoBoost Buyback where small purchases occur to discourage premature sellers. Everything creates the right heat and ensures that the price for each token will go up whenever the return is activated.
Next is 2% of automatic liquidity. The team explains that 2% of all transactions (via Santa Coin) are sent to PancakeSwap for cash. Here, a smart project contract puts 3% on all purchases / sales like SANTA and BNB in revenue. At the same time, 1% of all activity is allocated to fueling projects in the ecosystem and rewarding the active community.
Finally, it has a whale-fighting machine. Here, an additional 1% payment is applied to all sales. The move is aimed at curbing swing trade and reducing whale exploitation. Apart from this, the smart contract will also ensure that no sales of more than 0.2% of the circulating assets will be recorded and done simultaneously.
In addition, with the dedicated Santa Coin app, users will be able to see how many BUSD indicators they already have. Even if the prizes are still automatically distributed, Santa Coin will still allow its owners to claim BUSD and receive the prizes in person.
By using Santa Coin’s carefully designed tokenomics, it is possible to support the ups and downs of the market sooner or later. The team states that at the time of launch, 5% of the total token delivery amount was burned, another 1% was purchased at BuyBack, another 42% was reserved for pre-sale and liquidity at PancakeSwap, and the remaining 8% would be stored and donated . team and marketing.
Additionally, PancakeSwap funds will be locked year-round — that is, initial payments cannot be withdrawn from trading even by a group. Looking back, this will reassure investors that they can quickly sell what they are holding on to their desired profits.
In addition, Santa Coin is building an ecosystem around the SANTA F1 racing game. Reports say the Santa F1 racing game is working and will create a new paradigm for digital identity and gaming. Thanks to the blockchain, SANTA NFTs will allow players to enjoy the gaming ecosystem to benefit when the skills are rewarded with real value prizes. In detail, the assets within the Santa F1 game can own it all, be sold and sold by players. At the same time, these can also be used in a game, in itself — to empower players to play their best.
In the last 24 hours, SANTA has risen 390% and currently has an estimated market value of $ 48 million, according to data from Coingecko. The same token called Evergrow Coin reached a peak of more than 1.2 billion market trades within 30 days. As Christmas approaches, Santa Coin may become parabolic as more rewards are distributed to owners.
You can follow Santa’s social media project:
Website: https://santacoin.cash/
Telegram: https://t.me/santa_coin
Twitter: https://twitter.com/Santa_Coins
Announcement: https://t.me/santacoin_news
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Username : kukoro
Profile : https://bitcointalk.org/index.php?action=profile;u=2318333
Wallet Adress : 0x0b7dd0fdb02b5514f504b75c9c9b13c3fa61a845