MAGA Coin ETH

MAGA Coin ETH

MAGA
$0.00008591

Key Metrics

Price$0.00008591
Real Volume (24H)$5.04
MarketcapN/A
Fully Diluted Valuation$85,911
ATH$0.00021086
ATH Date9/26/2022, 3:19:10 PM
ATL$0.00004135
ATL Date9/25/2022, 10:34:02 AM
Circulating SupplyN/A
Total Supply1B
WebsiteN/A
WhitepaperN/A
Popularity RankN/A
Chart
What is MAGA Coin ETH?

MAGA, the hyperdeflationary token of the MAGA movement, is a cryptocurrency with a bold mission to bridge the gap between politics and the crypto world. Its primary objective is to fund and promote all things MAGA, standing for Make America Great Again. The unique tokenomics of MAGA have been carefully designed to encourage long-term holding and ensure the sustainability and growth of the project over extended periods rather than mere days. These tokenomics encompass various mechanisms such as maintaining a stable price floor through the liquidity pool, providing proportional reflections to MAGA holders, and allocating a portion of funds to a dedicated house wallet to support marketing and development expenses.

MAGA aims to create a strong and vibrant community of individuals who share a common vision and passion for the MAGA movement. By combining the power of blockchain technology with political activism, MAGA seeks to empower its supporters to make a tangible impact on the political landscape while leveraging the benefits of decentralized finance.

One of the key aspects of MAGA's tokenomics is the hyperdeflationary nature of the token. This means that as more transactions occur, a portion of the tokens involved in the transaction is burned, effectively reducing the total supply of MAGA tokens over time. This mechanism is intended to create scarcity and drive up the value of the remaining tokens, incentivizing long-term holding and fostering a sense of community ownership.

Another important feature of MAGA's tokenomics is the proportional reflections mechanism. This means that holders of MAGA tokens are rewarded with a portion of the transaction fees generated on the network. As transactions occur, a percentage of the fees is distributed among MAGA holders, providing them with a passive income stream and further encouraging them to retain their tokens.

Furthermore, MAGA recognizes the significance of marketing and development in promoting its cause and achieving its objectives. To ensure the availability of resources for these purposes, a portion of the transaction fees is allocated to a house wallet. These funds are then utilized to support marketing campaigns, community engagement initiatives, and ongoing development efforts to enhance the MAGA ecosystem.

By combining these unique tokenomics with a strong and passionate community, MAGA aims to build a sustainable and impactful platform that brings together individuals who believe in the principles and values of the MAGA movement. The project seeks to leverage the decentralized nature of blockchain technology to empower its community members and provide them with a voice in shaping the future of the movement.

In addition to its financial and community-building aspects, MAGA also aims to bridge the gap between the political and crypto worlds. By embracing blockchain technology and the principles of decentralization, MAGA aims to create a transparent and inclusive platform where individuals can actively participate in supporting the movement and its initiatives. Through decentralized governance and community-driven decision-making processes, MAGA strives to ensure that the interests and aspirations of its supporters are well-represented and influential in the direction of the movement.

In conclusion, MAGA is a hyperdeflationary token that serves as the backbone of the MAGA movement, aiming to bridge the gap between politics and the crypto world. With its carefully crafted tokenomics, MAGA promotes long-term holding, community engagement, and sustainable development. By leveraging blockchain technology and decentralized finance, MAGA empowers its supporters to fund and promote the principles and values of the MAGA movement. Through its unique approach, MAGA seeks to make a lasting impact in both the political and crypto spheres, bringing together individuals who are passionate about making America great again.

 
Disclaimer

The investment information, comments, and recommendations provided here do not fall under the scope of investment consulting. Therefore, making an investment decision based solely on the information and comments provided here may not yield results that meet your expectations.

Stay ahead of the competition by accessing high-quality data, advanced tools, and expert research.

Try for Free

Top Assets

AssetPrice24HMcap
Loading...

We use cookies for personalization, social media, and analytics, and share usage data with partners.