DogeCola Launches Brand New Crypto Token, DogeBull, Which Works On A Unique Redemption Mechanism

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Amsterdam, Netherlands – (Newsfile Corp. – October 16, 2021) – DogeCola’s sibling token, DogeBull, hits the 500 BNB target within minutes of launch.

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DogeCola, the most innovative mix of crypto and food that has received immense love from masses around the world, recently launched its Sister Token “DogeBull”. Shortly after its launch, the token received an equivalent positive response from the community, where it hit the cap of 500 BNB within minutes. The token has also achieved a record listing on many major exchanges such as CoinGecko, CoinMarketCap, TrustWallet and even on BigONE Exchange. It has achieved all of this after surging 800% growth in just 3 days since launch, which is an unprecedented feat in the crypto space.

DogeCola is following in his footsteps and introduced DogeBull, which, as the name suggests, is another mix of soft drink and crypto. The best part about this token is that it is fully integrated with the DogeCola ecosystem. But, ironically, DogeBull represents a whole new concept in the primary ecosystem. DogeBull holders will have access to daily reflections also in DogeCola and will benefit from the rising prices of these two cryptocurrencies.

The DogeBull team has developed a unique smart contract that will perform daily dogeCola redemptions and redistribute it among DogeBull holders to ensure continued positive price movements. With this, the holders will receive reflections and benefit from the price increases of the base token as the price is intended to rise at given intervals.

Many other crypto tokens offer thoughtfulness, but most only work one way and lack the stability required to guarantee long-term returns. They even organize buyouts just to burn their tokens to regulate and pump their price, but unfortunately, this technique quickly turns out to be useless. On the other hand, DogeBull, with its unique smart contract, makes regular buyouts not to sell or burn it but to distribute it among the members of its community, who will then keep it and eventually increase its price.

The story continues

Tokenomics:

The token follows a simple but effective tokenomics that ensures price stability and offers decent rewards to holders. DogeBull holders will receive 7% of each buy or sell order that is redistributed to them in DogeCola tokens. Only holders who are over 200,000 will be eligible to get this reward. Holders with more than the required tokens will have automatic rewards in their wallet, meaning they won’t have to wait or claim these rewards through a portal.

Other than that, 7% of their transaction costs will go to marketing DogeBull. The team says, “This will allow us to fuel our most ambitious projects in the service of further rewarding our community while fueling the entire DogeCola ecosystem. “

Finally, 1% of each transaction will be used to provide liquidity to PancakeSwap. This will ensure the creation of a higher floor price and also increase the overall stability of the project.

Details on buying and selling costs.

Each purchase transaction will incur a total fee of 15%, and according to their team, this distribution will be used to support their growth and marketing efforts. Likewise, every sales transaction will also incur a 15% fee designed to ensure an anti-whale mechanism so that no significant dumping can occur. It also controls trading robots that try to exit high and enter low so that instant redemptions can be made and long term holders do not panic.

It is a unique concept that has not been seen before; it increases the price of DogeBull and provides the necessary trading volume for DogeCola to positively affect its price. The token recently completed its initial offering, where it received a very positive response from the crypto community. According to its developers, the token will soon be available on all major crypto exchanges.

Media contact details

Company: DogeCola Email: [email protected] Website: www.DogeCola.finance

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/99939

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