Memecoins have come to stay, following the rise of dog tokens such as Dogecoin, Shiba Inu, and so on. However, some inventors are making a shift from debuting popular dog-inspired coins to now diving into cat-based cryptocurrencies.
While some cryptocurrency analysts still do not believe in the ideas behind these memecoins, crypto traders and investors are very much interested in purchasing and even championing a crusade for them. One of the beautiful aspects of the cryptocurrency sphere, in general, is its inclusivity, thus, DeFi-focused projects, NFTs, Altcoins, GameFi, and the latest addition, Metaverse can thrive under the same space.
As a result, investors are presented with a wide range of varying concepts to choose from and adopt. Speaking of a new project, a team of innovative creators whose vision is to create a meme story that will supersede the common premise upon which such tokens are founded, launched PANCAT COIN.
Presenting PANCAT COIN
The PANCAT COIN started off as a memecoin just like many similar projects. Subsequently, it gained the support of a large number of feline army supporters. As a non-profit crypto community with the goal of starting a new trend in the market, PANCAT COIN evolved into more than simply a meme symbol.
According to the team, they have a large set of big ideas, ambitions, and are working on a project that will put a stop to the superiority of dog tokens. They affirmed that they chose to create this project in order to outperform all other INU projects.
PANCAT COIN is based on the ERC20 polygon network, which allows for powerful block formation and one will be able to experience a new degree of freedom with near-zero transactions.
To reward each keeper, a burning and hyper-deflation mechanism is used. More so, the more tokens a user accrues, the more tokens will be immediately deposited to the person’s wallet with each transaction.
PANCAT Ideas and Ambitions
The PANCAT COIN project was birthed with an already mapped-out idea behind each stage of its development. As earlier noted, PANCAT wants to dominate the crypto space. Even more, override dog tokens, and to do so, the team set out with clear-cut guiding ideas and ambitions that they intend to achieve in the near future.
Many projects that withstood the harsh reality of the crypto space are those that adopted more innovations such as NFTs, GameFi, Metaverse, and much more into its ecosystem. This means following the trend and continuing to evolve has proven to result in longevity for most of these crypto schemes. Above all, building a strong community is another unequaled formula that has and is still working for many. This is because when the chips are down, these faithful community members will be the ones to rally.
Following the above cue, PANCAT outlined some of their ideas and ambitions below:
Mega Army Of The PANCAT COIN
A group of crypto enthusiasts from several nations came together to produce PANCAT COIN. This implies that everything belongs to the army of cats because there is no one holder and no controlling body.
Due to the countless scam Inu initiatives, PANCAT is emerging to make a difference, hence, this project will serve as a counterweight to all dog/inu memes and a leader among cat memes. Moreover, they will achieve this with the aid of the numerous PANCAT army globally.
Project PANCAT NFT
To give everyone the chance to be the face of the project, the PANCAT team is working on an NFT platform. The proposed NFT platform will generate a series of unique cats that users can sell/exchange or attach to an avatar and use as they see fit.
Contemporary reality necessitates new circumstances, therefore, the army of cats requires greater freedom and flexibility, says the team. In line with this, they are working on a PANCATSWAP project.
The PANCATSWAP will allow everyone to be able to move their tokens to the Ethereum network, Binance Smart Chain, and other platforms with ease. This bridge will be used to build a full-fledged exchange with low commissions on the Polygon platform.
Leveraging its NFT project, the PANCAT team will be able to create another level of experience for its users with the PANCAT GAME. Adopting the playful nature of cats, the games will be collaborative for everyone to enjoy.
Tapping on their slew of ideas for bringing everyone together and having a good time, the NFT initiative will assist them to accomplish this accurately.
PANCAT COIN promotes a decentralized community with open communication, trust, and support. Its community believes in feline dominance and how strong pride can help one another.
This community is built upon a variety of communication methods, including Telegram, Reddit, and Twitter. Communication and news will be conducted through these methods. It’s not simple to gain a cat’s trust. As a result, the team is working toward a future of complete decentralization and will block liquidity LP. As per reports, the coins will be burned and they guarantee to pass the audit in Sertic.
In addition, PANCAT COIN has a bright future ahead of it, with many hours of development, NFT, incentive system, sweepstakes, and gifts.
PANCAT COIN TOKENOMICS
The token symbol of the entire PANCAT COIN ecosystem is PANCAT with a total supply of 500 quadrillion and a circulating supply of 250 quadrillion. The starting price for its coming presale is $0.000000001.
Of note, 50% of the total supply will be burned and an auto storage reward of 4% is guaranteed for hodlers. 38% blocked liquidity and 5% of the volume of PANCAT will be made available at the presale preparation (unused tokens will be burned).
Similarly, 1% will be used for animal assistance and finally, 50% incineration in 3 stages, along the way of project development with mitigation of speculative tendencies. 17 team members of the project will have 5% shared among them at 0.29% while 1% will be for project development fund (contests, distribution).
The PANCAT is built on the Polygon network (ERC20) due to the fact that Polygon is a multi-chain system that combines the best of Ethereum and sovereign blockchains. Polygon addresses the drawbacks of Blockchains, such as high gas fees and poor performance, without compromising security.
This multi-chain method is similar to others like Polkadot, Cosmos, Avalanche, and others. It has three significant advantages:
It can take full advantage of Ethereum’s network effects.It is more secure.It is more open and powerful.The block time is 2 seconds.There are no transaction fees.PANCAT Ecosystem
The PANCAT ecosystem project opens the groundwork for long-term growth, giving the massive army of cats a major advantage over competing altcoins. The implementation of the strategy for dominance over INUs, DOGE, SHIB, etc. consists not only of hyperinflationary opportunities, but also of a gradual burning and development of core ecosystem projects like the NFT exchange, its SWAP project, and assistance for blockchain and charity businesses.
The PANCAT COIN decentralized coin, which belongs to the project’s brave community, is at the heart of the project’s ecosystem. The fundamental ideas are freedom, honesty, support, independence, and other cat-like characteristics.
A commission of 6% is charged for each transaction, of which 4% is distributed to existing holders. The 4 percent commission is awarded to all holders and is allocated as a percentage of the total value of the held issue. That is, the more PANCAT tokens you have, the more you earn simply by having them in your wallet. You’ll be able to track the progress of your balances in real-time.
Once all stages of listing and development of the gaming and NFT projects ecosystem are completed, more than 50% of all tokens will be burned to maintain constant growth. A dry residue will emerge, which will serve as the project’s fund as well as everyone who keeps tokens.
The remaining tokens will be burned as well. The project’s massive emission will be stored in the 0xDeAD wallet, and 4% of the commission will be automatically transmitted there, resulting in a hyper-deflationary policy. The number of tokens available will gradually decrease and the remaining 2% will go back into the liquidity pool