100xCoin: From Memecoin to BSC’s DeFi Hub

    To say the cryptocurrency bull market is in full swing can be considerably of an understatement. The common cryptocurrency gained a whopping 696% within the final yr alone, whereas some cash have gone a lot additional, together with Shiba Inu (SHIB) and Kishu Inu (KISHU) — which pulled in 874% and 3766% alone within the final two weeks.

    However whereas meme cash have gone on to generate appreciable hype and sizable communities, few take that further step. They evolve into viable merchandise with actual utility and long-term prospects. That’s till 100xCoin got here alongside. 

    Just like the overwhelming majority of meme cash, 100xCoin began out with primarily zero utility. Nonetheless, it gained huge traction as a result of charisma of its founder — blockchain entrepreneur and YouTube influencer Ken Llamas (Ken the Crypto)

    However there was one vital distinction. 100xCoin was constructed with extraordinarily sound tokenomics from the beginning, with 1.5% of the provision reserved for advertising and marketing and growth and a staggering 3% burn per transaction — serving to to incentivize holding and deflate the provision. It additionally reserved precisely 0% of the provision for the crew and founders making it rug-proof — a vital function for meme cash. These tokenomics have helped 100xCoin develop to turn into probably the most extensively distributed tokens on Binance Good Chain — with over 56,000 holders and counting. 

    Regardless of its humble beginnings as a easy meme coin, 100xCoin is quickly creating into the primary hub for decentralized finance (DeFi) on Binance Good Chain — serving to to turn into an intuitive on-ramp to an ecosystem of merchandise beforehand obtainable solely to insiders and early adopters. 

    It now consists of a variety of upcoming merchandise, every designed to democratize entry to alternatives on the Binance Good Chain and make DeFi accessible to all. 

    These embrace 100xAltbase, an industry-first cellular on-ramp to the BSC {industry}, permitting customers to buy a variety of prime BEP-20 tokens utilizing their debit or bank card. On prime of this, 100xCoin is ready to launch 100xRocket, a DeFi launchpad for BSC tasks designed to provide 100xCoin holders entry to the following wave of extremely sought-after tasks on the lowest doable costs earlier than they probably go parabolic. 

    Past this, the primary introduced use case for 100xCoin is 100xCollabos, an NFT staking platform that may function drops for among the rarest NFTs on Binance Good Chain — together with a sponsored drop for NFT lengthy snapper Zach Wooden (the world’s first athlete-endorsed NFT on BSC)

    NFT staking and the primary version drops for 100xCoin’s early adoption companions are anticipated to launch in early June on the newest. 

    Due to its sizable advertising and marketing and growth funds, 100xCoin intends to hit the bottom working over the approaching months and develop into the primary really community-centric $7 billion cryptocurrencies by the tip of this bull run. Provided that it’s already achieved an $80 million market cap, secured collaborations with a platoon of main influencers (Suppoman anybody?), and gathered a military of loyal believers behind it, 100xCoin is already effectively on its method to vital market affect. 

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