Market Overview
The previous surge in popular meme coins; Shiba Inu and Dogecoin has inspired a lot of developers to pursue projects similar projects that can secure soaring high market caps, among the list of potential upcoming moonshots that can prove their mantle in the ongoing bull run is Cheems Inu, $CINU at its core is a meme coin, but unlike other meme coins, it has a native utility, Cheems Inu is a meme in itself that hopes to inspire others by combining Memes and Crypto to bring both fun and money to masses.
The 100x potential
Cheems Inu has been listed on multiple coin trackers and was recently found trending on CoinMarketCap- which is the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high quality and accurate information for drawing their own informed conclusions, moreover, Cheems Inu has been listed on multiple centralized exchanges such as Hotbit and BKEX with more to come. BKEX is a digital asset trading platform, also famous as the world’s largest blockchain financial derivatives service platform, BKEX has been online for less than one year, providing services to 1.8 million+ users in 208 countries around the world, BKEX is currently ranked 29th in the world.
With almost 40,000 holders and the soaring all-time high market cap of just shy of 67 million, $CINU has proven its mantle as a true moonshot and a possible DOGE and SHIB competitor. Cheems Inu, $CINU was launched at a $4,000 market cap and currently, the project is holding well above $30 million in market capitalization.
After being featured by Stockwits and trending multiple days above fortune 500 companies such as General Motors (NYSE:GM) and Tesla (NASDAQ:TSLA), $CINU was a trending topic on the largest social network for investors, which attracted a lot of attention and further helped in the upward price trend of Cheems Inu.
Tokenomics
Cheems Inu has a ridiculously large supply of 6,000,000,000,000,000,000,000 with the supply burning at an exponential rate with our hyperdeflationairy burn function implemented within our tax system where 50% of all buy and sell taxes are burned!
$CINU itself is subjected to a buy tax of 10 percent on the transaction and a sell tax of 15% on the transaction; the taxes are allocated to liquidity, marketing, as well as burning. Apart from that, there is a 3 percent limit on the total supply that an individual can hold at any given moment; this generous amount doesn’t hinder large investments like some other tokens.
Generation 1 and Generation 2 NFTs Completely sold out (500 of ea)
Cheems Inu successfully sold its first batch of NFTs and now has opened the sale for the second batch of the NFTs, Version one of the Cheems NFTs launched on November 23rd, 2021. These original version one Cheems have been minted and completely sold out the selling price for these NFTs was originally sold at 0.3BNB each. They are however available for sale from members of the community on NFTKey. Generation two of the Cheems NFTs was launched on November 30th, 2021. These special pixel versions are currently completely sold out however, still available for purchase on marketplaces. Although more expensive than the originals, keep in mind resale value will also be higher! Some of the original Cheems NFTs are selling for over 15BNB now!
Cheems Meme Tools Utility
Merging all crypto meme tokens on a single social media is one of the goals that the team behind this project has in mind, $CINU will be the native token for the meme tools and a burn will be added to the existing tokenomics, providing easy and fun to use media editing tools to create best memes on the blockchain itself. Meme Tools utility is currently in development, these meme tools will be the central hub for everything “meme” in the crypto space. A platform featuring advertising spaces for other meme projects, an upvote system, and a fully functioning swap where all meme tokens can be traded along with live tickers for popular meme tokens, and top gainers and losers section inspired by CoinMarketCap the Cheems social media will be unlike any other platform out there, they also plan to have a memepedia.
Even when the crypto market was bleeding in the last few days, Cheems Inu continued its journey to the moon, backed by a very strong community, $CINU has already achieved a milestone of $50 million in market capitalization and continues to move up to set even more such milestones.
Social Links
Website: https://cheemsinu.net/
Telegram: https://t.me/cheemstokenbsc
Twitter (NYSE:TWTR): https://twitter.com/CheemsInu
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Source: Cryptocurrency - investing.com
