Rank #19,273
$MONSTA

Cake Monster

Staking - Protocol ● Launched 40 months ago
Binance Smart Chain
0x8a5d7fcd4c90421d21d30fcc4435948ac3618b2f
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Description

A Hyper-Deflationary and Dividend-Yielding asset on BNB Chain that introduces a new form of monetary policy.

Cake Monster is a unique and elastic DeFi protocol that works in deflationary two year cycles on BNB Chain. The intrinsic token (MONSTA) value is backed by its non-correlated asset vault reserves (e.g BNB, CAKE), which are largely used to reward holders at the end of each cycle.

While the total token supply is constantly decreasing with every transaction and gamified features, the non-correlated claimable backing value is constantly increasing, creating an interesting dance between future and current demand mechanisms via Staking.

At its core, MONSTA is a Hyper-Deflationary, Dividend-Yielding token with unique reserve mechanisms and a hybrid monetary policy. It aims to combine sustainability, dividend yield, and reward generation with cute memes, NFTs, and gamification.

We have put an additional focus on organic growth and upgradability of smart contracts. A fair and constantly improving ecosystem contributes to the quality and longevity of the project and will help us achieve our goals.

Information https://docs.cake.monster

Whitepaper https://cake.monster/whitepaper

Market Rank

In the dynamic and ever-changing landscape of cryptocurrencies, Cake Monster has established itself as a formidable player. It is currently ranked #3,582 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in Cake Monster as a viable digital asset.

Tokenomics

The tokenomics of Cake Monster consist of a total supply of 8,239,584,293 tokens, out of which 7,003,626,457 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 Cake Monster 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.

Price Performance

The price of Cake Monster is currently at 0.00004795465555002024, having experienced a 1.95% change in the last 24 hours. The trading volume for this period stands at 0. With a circulating supply of 7,003,626,457 tokens, Cake Monster has managed to achieve a market capitalization of 88,322, reflecting the strong interest of the market participants.

coinvote.cc/coin/Cake-Monster

Info

Price$ 0.(0x4)4795
Market Cap$ 88,321.93
24h Variation (%)+1.95%
Total Supply8,239,584,293
Circulating Supply7,003,626,457
Launch DateJune 19th 2021, 00:00
Date addedJune 25th 2021, 17:51
Listed byCAKE MONSTER

Security Scan

16 hours ago

The security scan is conducted by Goplus and serves as a general indication of contract security.

It may not detect all potential threats and vulnerabilities. Always perform your own research.

Holder Count:13632
Buy Tax:0.00 %
Sell Tax:0.00 %
Owner Holdings:0.00 %
Honeypot Check:
Blacklisted Check:
Top 10 Holders:32.95 %
Anti-Whale Mechanism:
Can Take Back Ownership:
Slippage Modifiable:
Transfer Pausable:
Open Source:
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