Description
A Sustainable Community Driven Project To Protect Our Rainforests.
Baby Groot is a yield-generating social cryptocurrency. Its value lies not in its currency, but in its ability to generate positive long-term externalities for the planet through charitable projects.
It is a next-generation ecological token with a purpose of saving the rainforests.
Baby Groot launches with a maximum total supply of 1 Quadrillion Tokens, with 30% of the supply being burned at the coin-launch as a deflationary force on the token. Every transaction with the coin incurs a 10% fee, of which 20% goes to charity, split in different NGO?s and foundations. Another 40% are used for marketing purposes, 30% are added to the liquidity to facilitate transactions and the last 10% is reflected to the holders of the token. The amount of available supply and yield generated decreases as the burn rate increases, forcing appreciation of the currency and the protection of the asset-value.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, BABYGROOT has established itself as a formidable player. It is currently ranked #10,838 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in BABYGROOT as a viable digital asset.
Buy & Sell Taxes
When trading BABYGROOT, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for BABYGROOT is 0.09%, while the sell tax is 0.00%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of BABYGROOT consist of a total supply of 100,000,000,000,000,000 tokens, out of which 518,655,837,915,932 tokens are currently in circulation. Understanding the tokenomics is crucial for potential investors, as it sheds light on the token's distribution and availability, which can directly impact its value and demand in the market.
Wallet Support
In order to securely store your BABYGROOT tokens, you can use a variety of wallets such as Trust Wallet, MetaMask, SafePal, Coin98. These wallets provide a safe environment for managing and storing your digital assets. It's essential to select a wallet that supports the specific cryptocurrency and offers a high level of security, user-friendliness, and compatibility with your preferred devices.
Popular Exchanges
To buy, sell, or trade BABYGROOT, you can use various popular exchanges such as ArkenSwap, Trader Joe. These platforms offer a seamless experience and allow you to manage your investments in BABYGROOT with ease. Always remember to conduct thorough research before choosing an exchange, as the security and reliability of the platform are crucial for your digitalassets.