Volt Inu (VOLT) is a hyper-deflationary token seeking to help users diversify their investments across several asset types. Its goal is to build a loyal community, the VOLTARMY, whose members will have access to a growing ecosystem of assets and products, including NFTs, reflections, merchandise, and a P2E game. The meme-coin trend produced several projects with varying degrees of success and popularity in recent years. For instance, some coins like Shiba Inu made it into the top-10 cryptos by market…
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Rocky Inu debuted its Binance Smart Chain (BSC) token on November 28th last year, and it now intends to expand onto the Ethereum network. The new coin is now available for pre-sale on PinkSale, and the tokens will begin trading on April 5th.
Cryptocurrency investors inspired by the Shiba Inu and Dogecoin stories are probably aware of this token. The project has a built-in liquidity mechanism, and 50% of its coins go to an anti-rug system.
It’s no secret that Rocky Inu is riding the trend that started with memecoins in 2020. However, $ROCKY wishes to set itself apart from the past initiatives in the sector.
What is Rocky Inu
In order to encourage long-term holding, the initiative employs tokenomics with no taxes on all buy transactions. The team wishes to provide token holders with a passive income mechanism, a popular trend in the blockchain industry.
All non-buy transactions are subject to a 15% charge, of which 3% goes to automatic reflection for token holders. In addition, ROCKY’s deflationary state depends on the decision of burning 3% of the tax revenue.
In terms of token allocation, the Pinksale page provides investors with the following information:
- Pre-sale operation: the team expects to allocate 10% of the tokens on the ongoing pre-sale phase.
- Burning mechanism: Rocky Inu will send a quarter (25%) of the coins to a burning wallet to bring deflation into the ecosystem.
- Unlocked tokens: the team expects to unlock 8.7% of the tokens immediately after the launch.
- Locked tokens: nearly a third of the coins (30%) will constitute locked liquidity in the ecosystem.
- Team vesting process: the team will apply a vesting mechanism to 20% of the coins.
- Internal liquidity: the remaining 6.3% of the supply will increase the project’s internal liquidity.
Information on the Presale Phase
Pinksale provides several helpful pieces of information for any investor assessing this token. The initial market capitalization of the coin should be around $1.6 million, as estimated by the portal. For a comparison, CoinMarketCap set $ROCKY’s diluted market cap (in its BSC version) at $3.9 million at the time of writing.
The total supply of the token will amount to 1,000,000,000,000,000 samples, and we have already mentioned above its subdivision. The presale rate of the token will correspond to 0.000000000002 $ETH. The listing rate will be slightly higher, as one will need 450,000,000,000 $ROCKY to buy 1 $ETH.
The team also defined soft and hard market capitalization targets, respectively 100 $ETH and 200 $ETH. The presale operation debuted on March 21st, and it will end by April 5th.
It will not be possible to purchase less than 0.1 $ETH, with a maximum threshold per wallet set at 2 $ETH.
About Rocky Inu
It is the ease with which traders can buy a meme token that makes it popular. That said, the team believes that a bridge to Ethereum would expand the project’s accessibility.
Rocky Inu has reached a new phase in its journey, and we’ll keep an eye out for any developments to share with the readers.
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