Let’s examine a new token on Pancakeswap which make presale. “Virginity Galactic is a meme bep-20 defletionary coin.”
Project name: Virginity Galactic
Contract address: 0xcB2f32a7f2d8833993Be7Bfd3613F852daed26D9
Token type: BEP-20
Total supply: 1.000.000.000.000.000 VIRG
Launchpad: Unicrypt Network(PancakeswapV2)
Presales have some risks. Please DYOR (do your own research)
|Liquidity Lock Rate||70% BNB raised liquidity lock|
time: 265 years
|Min-Max Spend per Account||max 2 BNB|
|Presale price||2.120.000.000.000 VIRG / per BNB|
|Listing price||2.120.000.000.000 VIRG / per BNB|
|Start||approx: Fri 11 Jun 16:00 UTC|
|End||approx: Fri 11 Jun 20:29 UTC|
It is good
- 70% liquidity lock rate
- 265 years lock duration
- small unlocked dev wallet/other
It is not good
- No KYC and audit
About the team
From White Paper
According to web site and official social accounts:
Virginity Galactic is a frictionless yield generating BEP-20 Token.
Features of Virginity Galactic:
- Transaction fee is 10%:
- 5% goes back to our Holders
- 2% goes to the liquidity pool
- 3% is automatically burned
- Deflationary: Because part of each transaction fee will be burned.
Note: Slippage rate must higher than 10%, when swap VIRG.
As we all know, token distribution is more important for meme tokens. Let’s look at Virginity Galactic’s tokenomics in detail.
53% of the total supply is allocated for pre-sale and 36.4% for the liquidity pool. These numbers are very good for a meme coin.
The team holds 9.6% of the total supply. 7.2% of these tokens were locked. Team is only holding 2.4% of total supply now.
To summarize, Virginity Galactic $VIRG has solid tokenomics.
In addition, it is good that to be max spend per account 2 BNB. In this way, it can both create a wider community and prevent whales.
When I looked the VIRG Telegram group, the team explained that they had many deals for marketing. There is nothing better for a meme coin than good tokenomic and good marketing.
250 BNB collected. hit hardcap. success