2021 could easily be dedicated to memecoins that prospered in a way nobody expected them to in their wildest dreams. These were crypto projects based on a meme and created for fun, but crypto enthusiasts had other plans. Shiba Inu and Dogecoin conquered the memecoin wave throughout this year. After their success, the list of available memecoins has been increased. But a lot of people still do not have any idea about which meme-worthy coin is the next sensation.
Like Non-fungible tokens, memecoins have grown in popularity and use cases but still investors have to make a sensible choice whether to buy them or not to see potential growth in the future. Every single day, a new memecoin is introduced but today we will look into the cutest yet strongest memecoin called Baby Moon Floki with a lot of untapped potential.
The project came into being this year after Elon Musk, the founder, CEO, and chief engineer at SpaceX, who has influenced several crypto events Shiba Inu pump being the latest one, tweeted that his Shiba Inu will be named Floki. The memecoin market went into a frenzy by that time and a team of capable crypto engineers founded Baby Moon Floki.
This gem of a memecoin is specifically made for investors who wish to create hype around the new puppy owned by Elon Musk in real life. But that is not all that Baby Moon Floki has to offer to individuals interested in putting their hard-earned money into its growth and development. This particular memecoin which looks like the most adorable puppy and was named originally by Elon Musk himself has limitless possibilities to unlock.
The Baby Moon Floki is in fact a hyper-deflationary token in nature which means that its value keeps increasing as the quantity gets scarce with time. It also has a smart exchange system that has been skillfully inbuilt into its ecosystem fabric. This means that investors do not have to keep buying/selling Baby Moon tokens simply called $FLOKI. Simply holding these can earn you rewards that are sent to your wallet automatically.
Probably the best thing about Baby Moon Floki is that it is powered by none other than Binance Smart Chain which opens doors to a lot of development opportunities in the upcoming phases of this particular crypto project that has started as a potential memecoin. In addition to its hyper-deflationary aspect, Baby Moon Floki also has AutoBoost Protocol to ensure variable buybacks.
The AutoBoost is mathematically programmed into it to adjust based on the volume of transactions over the last 24 hours and bring stability. Whenever a sale of $FLOKI occurs, AutoBoost would execute a variable buyback (which is better than the standard method). Partners of this project include renowned names like BSC Scan, PancakeSwap, CoinGecko, Trident Charts, TechRate, and Binance-owned CoinMarketCap.
The total supply of $FLOKI has been decided as 100,000,000,000,000,000. Every time someone buys or sells $FLOKI, there is a 12% commission charged. 6% is burned and returned to liquidity. 4% is kept for marketing purposes and 2% is distributed among the holders.
The Baby Moon Floki team has sorted out an exciting roadmap depicting future plans for this fast-paced and developing memecoin project. Details of this roadmap are as follows;
Phase 1
During this phase, the official website of Baby Moon Floki was released. The fair launch is also scheduled within phase 1 of the development process. Influencer marketing push and running promotions on platforms like Coinhunt and Coinsniper are also included. The growth target is kept at 1000+ holders.
Phase 2
Smart contract audits by chosen blockchain security companies will take place in this phase. The Baby Moon Floki team has also planned to list its token $FLOKI on CoinMarketCap and CoinGecko. The entire official website will also go under a revamp while the growth target has been kept at over 5,000 holders.
Phase 3
In this phase, Baby Moon Floki Swap would go under development including NFTs. Phase 3 will also be exciting because a lot of influencers/celebrities are expected to join the project as ambassadors. The team will be targeting to grow the community by more than 25,000 holders.
Phase 4
The first exchange listing (on a centralized exchange) is scheduled for phase 4. Some solid partnerships will also be happening during this stage of Baby Moon Floki. The founding team has also announced a Tesla giveaway when the total holders reach more than 100,000 mark.
Baby Moon Floki aims to go over the moon as soon as possible and for that, the founding team is working hard to make it a full-blown success.
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