- Innovating Among the Hype: the Rocketship-Route of KimJongMoon ($KIMJ)
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The World of DeFi Meme Coins:
The emergence of meme coins has caused a stir up in the crypto community, having changed the way crypto wizards buy and sell their coins. In the last year, traders in DeFi have seen bubble-esque speculative levels based on projects that may or may not hold long-term promise or stability. However, before you start taking stock-tips on what to buy in this market, it is important to familiarize yourself with the concept of DeFi, its impact on crypto and the ‘science’ behind this meme coin mania.
DeFi, as a sector within the crypto industry, provides crypto participants with ways to borrow and loan digital assets, as well as earn interest on their holdings. As a result, new projects such as Sushi, Yam and other seemingly unrelated titles have popped up all over the place, with speculators chasing the highest interest returns and coin pumps. Notably, one project’s asset, YFI, even jumped from just below $1,000 to $38,000 in a matter of weeks.
Enter ‘meme coins.’ In what appears to be the beginning of another crypto bull market, these memetic projects, inscrutable or absurd to a general audience, have rekindled a conversation about what crypto wants to be. There is no simple explanation as to how these popular meme or people-inspired coins drive such narrative and value on decentralized exchanges, but a recent Yahoo! Finance article summarized it well:
“It’s the type of back of the napkin logic that looks like gibberish on its face but has an internal cohesion that makes sense to insiders…Memes are the lingua franca of the internet, performing as shorthand for complex phenomena. In the world of cryptocurrencies, memes hold incredible sway. Like crypto, memes were born on the internet and have journeyed from the fringes to the mainstream. They’re used to drive adoption of cryptocurrency, signal bullishness or bearishness on certain assets or coins by traders and even boost the value of tokens. They are a part of the discourse, commemorate events, spur narratives about certain coins and even help people earn millions of dollars.”
So, What Is This New Coin Everybody Has Been so Hyped-up About?
KimJongMoon ($KIMJ) is a new “meme” crypto coin that was recently launched on PancakeSwap. Our team is dedicated to developing KIMJ into a DeFi meme coin that offers interesting and advanced features for investors, beyond simply just trading the commodity. The upcoming features include but are not limited to:
- NFT marketplace (releasing unique NFT packs to be purchased)
Mobile/Browser games (fun side-scrolling games)
Animated series for mature audiences (think cartoon Uncle Kim)
Astonishingly, the launch of KIMJ this past Sunday was extremely successful, especially when evaluated by past launches of comparable coins. Within KIMJ’s first two hours of sale, the coin reached a $10M market cap, establishing its future potential among investors and room for growth in the coming months of trading. In the coming weeks, we will deploy an aggressive marketing plan based off of digitalized promotional strategies to reach the widest possible audience. Among these strategies are updates to the current website, promo videos, NFT marketplace, online ads, the recruitment of a promo team and new graphic character designer and illustrators. KIMJ is also in the process of being added to multiple marketplaces and exchanges.
Initial Marketing Plan
For interested investors & crypto junkies, take a look at the Tokenomics:
- Total Supply: 1,000,000,000,000,000
10% Tax on All Transactions (5% to holders, 5% to liquidity pool)
Anti-Whale System (Purchase limit of 0.05% $KIMJs)
For more info, join the Kim-munity
- Date of publication:
- Tue, 05/04/2021 - 16:50
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