As MEGATOKEN has begun to land on the radars of traders over the past month, with now two primary sources of MEGATOKEN trading, it could be an exciting time to look into this interesting cryptocurrency. Here’s what prospective crypto investors should understand:
What is MEGATOKEN?
How to buy MEGATOKEN.
Should you buy MEGATOKEN?
What is MEGATOKEN?
Out of all the cryptocurrencies and altcoins on the market, what makes MEGATOKEN special?
This alternative asset has implemented a clever strategy for rewarding long-term holders. Built within the MEGATOKEN smart contract, there is a 10% fee to investors who sell it. Half of that fee is redistributed to all MEGATOKEN holders, while the other half is burned and used for liquidity. The company has proven to implement a burn strategy that is designed to be rewarding for long-term holders.
In theory, this will operate like a turbocharged share buyback program. If all goes according to plan, owners of MEGATOKEN will see their ownership stakes increase over time as the exit fee is incrementally redistributed to remaining token-holders. Meanwhile, the burn – which functions like a stock buyback program – will decrease the overall amount of existing MEGATOKEN tokens over time.
How to Buy MEGATOKEN
The leading way to buy MEGATOKEN is through PancakeSwap.finance. PancakeSwap was launched last fall and serves as the leading automated market maker for the Binance Smart Chain. It’s essentially a decentralized finance (
Why Buy MEGATOKEN?
So that’s how to buy MEGATOKEN and why it is gaining stronger trader interest right now – but is MEGATOKEN a good crypto for the portfolio?
A common feature in the altcoin scene is that the people who discover a new token first make a large portion of the profits. While MEGATOKEN is still early in its early stages, and could end up being a good project, it’s always better to get in early at a time like now before its initial hype cycle.
There has also been a large increase in investors flocking to new
So to answer the question, traders will have to keep an eye on current news and the development on MEGATOKEN and see how the upcoming release of several
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