The DogeMoon platform is a passive yield charity token that was developed on the Binance Smart Chain. According to the team behind the creation of the platform, they have been consistently working through the years to coin out a series of partnerships with several charities all over the globe. One of the major partnerships that the platform has collaborated with is the Abel Child Africa system. This team, as reported by the platform’s website, is made up of a variety of investors who have been actively participating in the world of blockchain technology.
Unlike most of the other meme coins currently available in the world, the DogeMoon system makes several donations in the form of USDT that is equivalent to a significant percentage of its tokens to several charities at amounts reaching north of a million dollars, and that in turn has increased its market cap.
The platform also applies a 4% tax to every transaction executed on its blockchain in such a way that 2% is burned and another 2% is distributed to holders of the token, thus ensuring the total number of tokens in circulation is constantly decreasing.
Who are the Founders of DogeMoon (DGMOON)?
In a similar way to most of the blockchain-based platforms that have been coming out over the last couple of years, the founders of the DogeMoon platform are currently unknown. Although the individuals behind have not claimed to be anonymous, there has been no official statement or any form of publication regarding the founders of the token.
However, based on the success rate of the platform, the parties in its management team have proven to be quite resourceful as they have improved the platform’s visibility on a grand scale and made it into a safe environment for interested participants to interact and make use of its provisions.
What is DogeMoon (DGMOON) used for?
The DogeMoon network, in its several years of operation, has donated to several charities, some of which include the UEFA children’s Charities as well as a series of other charities in Africa. According to the network, it also has many plans in store to donate and reach even more charities as its market cap is increasing. The network has also admitted that transparency in its mode of operation is the most intricate part of its ecosystem and is essentially what has transformed the system into a trustworthy community.
The DGMOON coin is the dedicated token of the DogeMoon ecosystem and is used for the execution of transactions in the network. While the use of the token within the network has helped it gain significant value, it also holds similar value off the platform and can be exchanged with other cryptocurrency pairs such as USDC.
What Is the Unique Point of DogeMoon (DGMOON)?
The DogeMoon platform has several features that set it apart from the plethora of other cryptocurrency platforms, one of which is its Automatic LP & Liquidity lock. On the platform, all trades executed serve as contributions towards the liquidity with a starting point of 160 BNB. This is then locked for 265 years, thus increasing the longevity of the DogeMoon network. However, holders of the DGMOON are also entitled to a 2% redistribution from the contract and even the burned wallets are not exempted, as they also receive this allocation.
According to the network, CryptoMerch is the first utility project that is powered by the DogeMoon system. This is an exceptional quality of the network because most of the crypto projects that have been products of other platforms have faced several difficulties in defining the services they provide. The Crypto March platform on the other hand serves participants in ordering products online till it arrives at their home. CryproMerch has also stated that it aims to build the most popular and reliable crypto merchandise supplier, as well as a place where users can easily set up a mercy store and get new attention for crypto-related projects.
How many DogeMoon (DGMOON) coins are in circulation?
According to its tokenomics, the DogeMoon coin has a total supply of 10,000,000,000 DGMOON coins. While this is a significantly large amount of coins to put out, the system has its circulating supply pegged at 3,800,000,000 DGMOON coins, implying that an equally significant amount of the total tokens has been distributed in the cryptocurrency community.
Based on the allocation procedure, the platform has a 10% tax fee on buying/selling, which also includes 2% for liquidity 2% redistributed to holders 6% marketing/charity
Is the DogeMoon (DGMOON) Network secured?
The DGMOON coin was designed under the Binance smart chain. It was created to develop a world where all the community members can experience financial freedom on a grand scale.
Because it was under the Binance smart chain, the platform is equipped with the same security protocol as the Binance ecosystem. As such, the platform is protected by a delegated group of individuals who are focused on ensuring the improbability of the platform by making sure the transactions being executed on its network are extensively scrutinized and each transaction is vetted by a large number of network users before it’s added to the blockchain.
How do I buy DogeMoon (DGMOON)?
The DogeMoon network was created mainly to serve as a charity platform where people can actively be part of charity projects and help people in need all over the world. Because of this, many people have been drawn towards the platform. Currently, its tokens are available across several exchanges and can be purchased through the steps below.
- Open an account with the crypto trading platform.
- Deposit a specific amount of fiat money to the crypto account.
- Buy your DGMOON tokens.
Which Cryptocurrency Wallet Supports DogeMoon (DGMOON)?
The PTPWallet platform supports many cryptocurrencies simultaneously such as DogeMoon (DGMOON). Because of its vast use case, it has grown to become one of the most used platforms as it serves as an exchange and an engine to discover other cryptocurrencies. Additionally, users can easily use PTPWallet as their DGMOON wallet because it offers a simple and interactive interface making it easy for people to navigate its system.