We have decided our token Pulse Cereal $CEREAL, will be traded on Pulsechain, the newest layer one blockchain, which will feature a total supply of 55,000,000, and a passive 2.5% buy and sell tax to provide stability to the coin. By taxing each exchange, regardless of the exchange direction, the coin’s prices will be much more stable than typical cryptocurrencies. Such a mechanism could prove beneficial to users as it could help to offset the costs of interaction, while also providing an additional security measure. Additionally, the 2.5% tax can be used as a tool to pay its supporters/holders, fuel liquidity, and fund all future marketing ventures.
As such, the coin's tokenomics could serve as an additional incentive for users to buy and hold our memecoin, as it would not only provide additional revenue for token holders but also increase and stabilize its existing pools and ecosystem. This in turn could lead to an increase in the value of the token while making more users aware of the platform.
Overview
Pulse Cereal $CEREAL, will offer a unique form of sustainability and stability. Funds that are collected in taxes can be used to sustain liquidity, development, marketing, and other initiatives to keep Pulse Cereal a long term project. The tax breakdown is as follows. 1% goes towards liquidity building, 1% goes to token holders and 0.5% goes to a marketing wallet.
In addition, our token is deflationary. How you ask? At launch, we are burning 40% of the total supply of $Cereal, causing a deflationary effect from the reflections. This results in a continuous burning of the supply with each trade, thus leading to an ever-decreasing availability of $Cereal. The burn wallets bowl just keeps getting bigger and bigger!
Pulse Cereal is also uniquely positioned as a meme-based coin alongside many of Pulsechain’s more established competitors. The coin’s gimmick as a meme-based coin can effectively capture the attention of a more casual investor due to the popularity of memes in the modern era.
With Pulse Cereal offering investors innovative tokenomics coupled with the inherently popular nature of meme coins, we feel that $CEREAL offers the most secure and exciting option for Pulsechain based coins.
Key Advantages
Pulse Cereal offers numerous advantages over other options when it comes to investing in cryptocurrencies on the Pulsechain network. These advantages include:
• Investors outside the cryptocurrency market may be drawn to Pulse Cereal's welcoming atmosphere, presenting an opportunity to gain insight and savor their initial experience in the crypto market.
• Investors get to ride the wave of a newly launched layer one due to Hearts Law. Formulated by none other than Hex and PulseChain founder Richard Heart, 'Heart's Law' says that cryptocurrencies will rise and fall alongside one another as a result of their liquidity pairing.
• Pulse Cereal’s meme-based gimmick can help to draw the attention of more casual investors, due to the popularity of memes and other fads in the modern period. Many investors may be more likely to invest in something with a more recognizable gimmick and this helps to increase the coin’s overall visibility.
• Continuous burn affect which takes $CEREAL off the market and into a dead address never to be seen again. This causes Pulse Cereal to get more scarce as time goes on.
• A passive 2.5% tax on all transactions helps to stabilize the coin and insulate investors from wild market swings due to speculation. This tax can also be used to fund development of the coin, something that many other coins lack. This helps to ensure that Pulse Cereal will remain a viable long-term asset for many investors. This $CEREAL doesn’t get soggy!
• Finally, Pulse Cereal will offer a unique investment opportunity for those looking to get into the cryptocurrency market. With the memecoin market showing potential for future growth, Pulse Cereal is well-positioned to capture market share amongst investors who may be hesitant to commit to other, more speculative coins.
Conclusion
Pulse Cereal provides Pulsechain users with the best of both worlds; the speculativeness of a meme-based coin coupled with tokenomics for a brighter future. This unique system allows investors to maximize the potential of their investments while capitalizing on the potential of the memecoin market.
Introduction
The rise of digital currencies has been revolutionary in the financial market over the last few years, allowing us to explore possibilities not available to us in the past. Cryptocurrencies, like Bitcoin, Ethereum, and hundreds of others, have seen massive growth, often times gaining hundreds even thousands of percent in value in just a few short months. These currencies, however, are often highly speculative in nature, with a single market fluctuation counting for huge gains or losses.
Our goal is to create a safe and fun environment in the crypto space. By removing the need for intermediaries, our memecoin offers a practical, secure and cost-effective way to transfer value in an era of digital currency. With the right incentives, Pulse Cereal could serve as an attractive alternative to more traditional digital currencies and tokens, such as Bitcoin.