100xCoin: From Memecoin to BSC’s DeFi Hub

To say the cryptocurrency bull market is in full swing can be considerably of an understatement. The common cryptocurrency gained a whopping 696% within the final 12 months alone, whereas some cash have gone a lot additional, together with Shiba Inu (SHIB) and Kishu Inu (KISHU) — which pulled in 874% and 3766% alone within the final two weeks.

However whereas meme cash have gone on to generate appreciable hype and sizable communities, few take that additional step. They evolve into viable merchandise with actual utility and long-term prospects. That’s till 100xCoin got here alongside. 

Just like the overwhelming majority of meme cash, 100xCoin began out with basically zero utility. Nonetheless, it gained large traction as a result of charisma of its founder — blockchain entrepreneur and YouTube influencer Ken Llamas (Ken the Crypto)

However there was one essential distinction. 100xCoin was constructed with extraordinarily sound tokenomics from the beginning, with 1.5% of the provision reserved for advertising and growth and a staggering 3% burn per transaction — serving to to incentivize holding and deflate the provision. It additionally reserved precisely 0% of the provision for the workforce and founders making it rug-proof — a essential characteristic for meme cash. These tokenomics have helped 100xCoin develop to turn into some of the broadly distributed tokens on Binance Sensible Chain — with over 56,000 holders and counting. 

Regardless of its humble beginnings as a easy meme coin, 100xCoin is quickly growing into the primary hub for decentralized finance (DeFi) on Binance Sensible Chain — serving to to turn into an intuitive on-ramp to an ecosystem of merchandise beforehand out there solely to insiders and early adopters. 

It now consists of a spread of upcoming merchandise, every designed to democratize entry to alternatives on the Binance Sensible Chain and make DeFi accessible to all. 

These embody 100xAltbase, an industry-first cell on-ramp to the BSC {industry}, permitting customers to buy a spread of high BEP-20 tokens utilizing their debit or bank card. On high of this, 100xCoin is about to launch 100xRocket, a DeFi launchpad for BSC tasks designed to provide 100xCoin holders entry to the following wave of extremely sought-after tasks on the lowest potential costs earlier than they doubtlessly go parabolic. 

Past this, the primary introduced use case for 100xCoin is 100xCollabos, an NFT staking platform that can characteristic drops for among the rarest NFTs on Binance Sensible Chain — together with a sponsored drop for NFT lengthy snapper Zach Wooden (the world’s first athlete-endorsed NFT on BSC)

NFT staking and the primary version drops for 100xCoin’s early adoption companions are anticipated to launch in early June on the newest. 

Because of its sizable advertising and growth finances, 100xCoin intends to hit the bottom working over the approaching months and develop into the primary actually community-centric $7 billion cryptocurrencies by the top of this bull run. Provided that it’s already achieved an $80 million market cap, secured collaborations with a platoon of main influencers (Suppoman anybody?), and gathered a military of loyal believers behind it, 100xCoin is already effectively on its technique to important market influence. 

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