Monkey King Project Review- $MONKING Presale (ILO) on Unicrypt

You find detailed analysis and review about Monkey King $MONKING project in this article. It contains team, tokenomics and technical evaluations.

Token Info

Project name: Monkey King

Ticker/Symbol: MONKING

Contract address: 0x92E9C4595F267cc48D88923785d71A3B21F093C8

Token type: BEP-20

Total supply: 1.000.000.000.000.000 MONKING

Launchpad: Unicrypt Network (PancakeswapV2)


Disclaimer

Presales have some risks. Please DYOR (do your own research)


tokenomics
Liquidity Lock Rate70% BNB raised liquidity lock
time: 11 months
Participationnot private
Softcap50 BNB
Hardcap500 BNB
Min-Max Spend per Accountmax 10 BNB
Presale rate1.000.000.000.000 MONKING / per BNB
Listing rate900.000.000.000 MONKING / per BNB
Audit (by Techrate Quick check)
KYC
StartTue 1 Jun 14:01
EndSat 5 Jun 14:00

MONKING’s links:

It is good

  • Listing price is higher than presale price
  • Liquidity lock duration: 11 months
  • 70% liquidity lock rate
  • Audit

It is not good

  • No KYC

About the team

  • Anonymous

From White Paper

Features of Monkey King:

  • Monkey King is a deflationary token, you can call it as the symbol said as MONKING, our main goal is making the monkey king to the top of its glory!
  • 6% Transaction fee:
    • 3% share among the holders
    • 3% auto liquidity

MONKING is a meme token. The performance of meme tokens surprises everyone. Some even call these times meme season. Monkey King also aims to be an ambitious meme token.

For meme tokens to be successful, they must have a strong community. When we look at Monkey King, we see that it is rapidly growing its Twitter and Telegram groups (there is captcha against bots).

When we look at Tokenomics; 70% liquiditiy lock rate is good. Unicrypt Network also highly recommend 60% or above liquidity lock rate. The team burned their tokens (check it).

So now, there is no dev wallet/other. Just for sale + liquidity. There will be no sudden price drops due to team tokens. This feature is important to many investors.

The team also shares videos from their youtube accounts. Video, stickers and gifs are of great importance for meme tokens. Because the community uses these materials.

Presale ended.

79 BNB collected. Reached softcap. success

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