Buff Shib Token Project Review - $BSHIB Presale (IDO) on DxSale

Buff Shib Token is a meme coin. $BSHIB is a new token on BNB Chain. Let’s check out it.

Token Info

Project name: Buff Shib Token

Ticker/Symbol: BSHIB

Contract address: 0x00F3bDf03f374A0B4c7d7aa4B789e422B43Ce090

Network: BSC/BNB Chain

Total supply: 100.000.000.000 BSHIB

Launchpad: DxSale

Disclaimer

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

TOKENOMICS
Liquidity Lock Rate	90% BNB raised lock duration: until 13 Jun 2024
Participation	Public
Softcap	125 BNB
Hardcap	250 BNB
Min-Max Spend per Account	Min 0,1 BNB – max 3,5 BNB
Presale price	1 BNB = 200.000.000 BSHIB
Listing price	1 BNB = 180.000.000 BSHIB
Initial Marketcap(estimated)	$97.562
Presale vesting	no vesting
Audit	(pending)
KYC	(by Flooz)
Start	18 Jun 2022 15:00 UTC
End	19 Jun 2022 03:55 UTC

Token Distribution

	%	Vesting
Presale + Liquidity + fee	93,3%	–
Binance charity	6,7%	–

BSHIB’s links:

Presale Address

Web site

Good

KYC (by Flooz)
Audit, (pending, check)
No unlocked tokens

About the team

Anonymous.

From White/Lite Paper

Buff Shib Token is a community-driven meme token created by fans of the Shiba Inu Token. The biggest feature that distinguishes Buff Shib Token from other meme tokens is that it is completely community-oriented.

The Buff Shib Token will not have a team wallet. Developers like everyone else will purchase Buff Shib Tokens from the pre-sale. Buff Shib Token will develop with BNB obtained from the pre-sale and Buff Shib Token purchased from the Pre-sale platform. Like all people, we will receive Buff Shib Token for fee from the Presale.

Please read White Paper for more info.

Features of $BSHIB Token

The tax fee is: 10%

5% liquidity
2% Holder reward
2% Burn
1% Donation wallet for dog shelters

Join IDOPresales Telegram

Buff Shib Token is a meme coin. So we should check its tokenomics in more detail.

About tokenomics: 93,3% of the total supply is allocated for presale + Pancakeswap liquidity. The rest of total supply (6,7%) was sent to the Binance Charity wallet, check

90% of raised BNB will go to the liquidity pool. And liquidity lock duration is 2 years. These tokenomics look good.

The team has been KYCed(by flooz). The smart contract audit is pending.

The main factor in the success of meme coins is the community. If the community embraces the project and works for it, the project can move forward.

You should check out.

Important Update for Buff Shib Token

The project owner said that the audit report will be released on 17 June. The audit report has not been released so far. It is still pending. Maybe a delay was caused by the audit firm, I don’t know.
Also, one of our community members claimed that there is a hidden mint function in the smart contract.
If the audit report had been published, we could have examined this claim.
Since the audit report has not been published and there is such a claim:
I strongly recommend that you should wait for the audit report before investing.

(Not Financial Advice)

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