Description
CosmoKitty (COSMO) is a token built on Binance Smart Chain with revolutionary RFI, burn, and LP growth mechanics.
A 10% tax is applied to every transaction of COSMO, which is split to reward current holders in BNB (6%), redistribute (1%), and grow a stable locked liquidity pool (3%). Since 7% of every transaction is taxed and rewarded to holders, the ?burn wallet? (counts as a holder) grows with every transaction. Therefore, every transaction reduces the circulating supply, increasing scarcity of the tokens.
With every transaction, tokens are burnt, the liquidity pool grows, and holders are rewarded!
What makes COSMO unique is that token holders are directly rewarded in BNB, claimable on the official website.
Market Rank
In the dynamic and ever-changing landscape of cryptocurrencies, CosmoKitty has established itself as a formidable player. It is currently ranked #11,402 in the cryptocurrency market based on its market cap. This ranking reflects the trust and confidence that the market has in CosmoKitty as a viable digital asset.
Buy & Sell Taxes
When trading CosmoKitty, it is important to consider the buy and sell taxes associated with each transaction. The buy tax for CosmoKitty is 0.10%, while the sell tax is 0.09%. These taxes could potentially affect your overall returns, so it's crucial to factor them into your investment strategy.
Tokenomics
The tokenomics of CosmoKitty consist of a total supply of 100,000,000,000,000,000 tokens, out of which 999,999,999,999,098 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 CosmoKitty 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 CosmoKitty, 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 CosmoKitty 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.
