As the "Hogetober" month is coming to an end, we have seen that the Hoge token from the hoge.finance has been performing well . Its a new token which has a few months on the market and it is already showing a great bullish sign. Lets dig deep into this token so that we unveil some of its unknown features.
Whats its features?
- Capitalization - $289,419,061
- 24Hr Volume - $9,693,177
- Maximum Supply -1,000,000,000,000
- Burned Supply - 596,341,711,087
- Circulating Supply - 403,658,288,913
- Holders - 66,790

DogeCoin If you check the image above you can clearly see the main difference. I am sure my regular readers and subscribers know that i am a big fan of supply and demand. If supply is too high then the growth of that token might be limited. If we check at Doge it is an inflationary Meme token which means its supply is not limited an is always increasing. Therefore it will always trade at a low level because the supply is too much.
Bitcoin Then we go on to bitcoin we can see its supply has is limited at 18 million and there is scarcity of bitcoins and that drove the price so high. Which means the supply wont be enough to cater for everyone and for that we can foresee that the price of bitcoin will one day trade above $250,000 as the whole world is now embracing the digital currencies. With the current prices of Bitcoin one can earn a living when trading all those swings but it will never make you a millionaire unless you are a whale and you buy a lot and HODL.
Hoge Then this Bulldog is hear to stay, make waves and takeover the Me-Me Kingship Status.The most thing i like about the guys behind, its their level of commitment and they are always working hard to make it to the top. This token has a deflationary supply which means its supply is different from that of Doge, Bitcoin and even Shiba .
This type of token type "DEFLATIONARY TOKEN" its supply is reduced whenever a transaction is made which means in the long run it will be scarce due to low supplies and therefore the price will sky rocket. This is going to the the best of Me-Me tokens, as they are going to be traded on Coin-base, Huobi, Kucoin,Binance and Kraken which happens to be the biggest exchange platforms.
Once it starts trading there it means here is more volume and as a result of volumes due to many transactions we will see t burn much more tokens in 24hrs, currently its burning about 100million of its tokens from its supply of 403 billion.
Once it starts trading there it means here is more volume and as a result of volumes due to many transactions we will see t burn much more tokens in 24hrs, currently its burning about 100million of its tokens from its supply of 403 billion. They just finished their fundraiser for the listing fee and we now expect the big news to be spit out .
I believe that this token in a few month it would have found itsself a place in the top 50 and its will be popular than the current trending Shiba inu. Now its the time to buy some before its too late