What is RABBIT TECHNOLOGY (RABBIT)?
RABBIT TECHNOLOGY is a new cryptocurrency listed.
According to its whitepaper Rabbit is a highly deflationary meme token with features of the Zodiac Jade Rabbit.
Rabbit Technology intent is to build the complete De-fi ecosystem around this token; the vision is to launch an OTC platform, a dApp, and evolve into an exchange.
Rabbit Technology token was built with the intent of helping members of the community simplify transiting from fiat currency to digital currency.
Community driven
Rabbit Technology token is a community-driven (meme) token unlike any other with a strong community.
Aid Cross Border Transactions?
The essence of digital money (cryptocurrency) is to be a peer-to-peer system that empowers anybody anyplace to get and send payments, be that as it may, this must be brought to completion if fiat currencies can effectively and promptly be switched over to digital currencies and vice versa.
There is still a lot of space for crypto to develop and spread for overall reception (worldwide adoption). That goes to say the development of digital currencies wouldn’t do away totally with fiat currencies.
With growing interest around the world in cryptocurrency, the community and Rabbit Technology would aid in the smooth transition from fiat currency to Water Rabbit and any other cryptocurrency or fiat currency.
Tokenomics
According to Rabbit Technology whitepaper
- With a total supply of 3.17 billion (3,173,666,999).
- 64.7% of the total supply has been burnt at launch, which is 2.05 billion (2,056,266,827).
- Lay a 9% transaction fee on every transaction.
- Burn 3% of all transactions automatically.
- Reserved 6% of the transaction fee for marketing/project development and for charitable endeavors.
- Liquidity has been locked forever.
- Ownership has been fully renounced.
Rabbit Technology Roadmap
Phase 1
- Rabbit Technology launch
- 500 holders
- 2000 wallet transactions
- Website development
- Roadmap creation
- White paper creation
- Telegram group creation
- Play-to-earn campaign
Phase 2
- Listing on various price tracking platforms
- 1st Airdrop campaign
- 1000 wallet holders
- 1000 telegram holders
- Telegram OTC marketplace creation
- Twitter account creation
- Website launch
Phase 3
- 2000 Telegram members
- 1000 Twitter followers
- 2000 transactions
- 2000 wallet holders
- Meme contest
- White paper release
- Contract audit
Phase 4
- Coinmarketcap & Coingecko listing
- 1st Charitable outreach
- 5000 Telegram members
- Large influencer marketing
- 5000 Twitter followers
- 10000 wallet holders
- 10000 transactions
- First CEX listing
Power of Meme Coin
Meme Coins are everywhere, from Dogecoin (DOGE) to Shiba Inu (SHIB) to Baby Doge Coin to many more present and upcoming coins which can surprise you anytime. Meme coins are cryptocurrencies that have acquired prominence in a short measure of time, for the most part, because of powerhouses, retail financial backers, and influencers advancing them on the web.
Meme Coins in the crypto market have always been very powerful. They can shape exceptionally faithful networks better than most other crypto movements.
Conclusion
Rabbit Technology (RABBIT) is a new crypto and it’s in a very early stage so there are a lot of developments and community work that needs to be done which we can see in the future.
Rabbit Technology (RABBIT) is a relatively new coin and as we all know that meme coins need support from their community to sustain and perform. There is always an opportunity to make a good profit with meme coin but the risk factor is also present every time so it’s important to understand all the risks related to the particular coin and then decide whether it is good or not.
Remember the crypto market is highly volatile and uncertain especially meme coins are exceptionally unpredictable contrasted with other digital currencies. Meme coins are generally community driven and could crash unexpectedly, so you should never invest what you can’t bear to lose.
If interested to know more about this cryptocurrency then below is the link to the Rabbit Technology whitepaper where all the important information is given.
