What is Volt Inu?
Volt Inu is a cryptocurrency that was launched in April 2021 as a meme coin inspired by Shiba Inu and Dogecoin. It is based on the Ethereum blockchain and has a total supply of 69 trillion tokens. Volt Inu aims to be a highly deflationary token that generates passive income for its holders through various revenue streams, such as NFTs, staking, yield farming, and nodes. Volt Inu also has a community-driven and charitable aspect, as it plans to donate 1% of its profits to animal shelters and wildlife conservation.
How does Volt Inu work?
Volt Inu works by using a combination of tokenomics and features that make it attractive for investors and users. Some of these features are:
- Burn mechanism: Volt Inu has a burn mechanism that reduces the circulating supply of tokens over time. Every transaction of Volt Inu triggers a 2% burn fee, which is sent to a dead wallet and permanently removed from circulation. This creates scarcity and increases the value of the remaining tokens.
- Reflection mechanism: Volt Inu also has a reflection mechanism that rewards its holders for holding the tokens. Every transaction of Volt Inu triggers a 2% reflection fee, which is distributed among all the holders proportionally to their token balance. This creates passive income and incentivizes holding.
- Revenue generation: Volt Inu also has various revenue generation methods that create additional income for the token and its holders. Some of these methods are:
- NFTs: Volt Inu creates and sells NFTs (non-fungible tokens) that are based on popular memes, celebrities, or influencers. The profits from the NFT sales are used to buy back and burn more Volt Inu tokens.
- Staking: Volt Inu allows its holders to stake their tokens and earn interest in stablecoins or other cryptocurrencies. The staking rewards are paid from the fees collected from the transactions on the Volt Inu platform.
- Yield farming: Volt Inu allows its holders to provide liquidity to decentralized exchanges (DEXs) and earn fees from the trading volume. The liquidity providers can also earn additional rewards in Volt Inu tokens or other cryptocurrencies.
- Nodes: Volt Inu plans to acquire nodes from other blockchain projects that generate revenue from validating transactions or providing services. The revenue from the nodes will be used to buy back and burn more Volt Inu tokens.
What is the current price of Volt Inu?
The current price of Volt Inu as of August 14, 2023 is $0.000000254672 USD, with a 24-hour trading volume of $7,729,226 USD. Volt Inu has experienced a 2.3% increase in the past 24 hours, and a 2.7% increase in the past 7 days. The current market cap of Volt Inu is $15,844,616 USD, ranking it at #769 among all cryptocurrencies. The circulating supply of Volt Inu is 62.26 trillion tokens, while the maximum supply is 69 trillion tokens.
Where can you buy or trade Volt Inu?
Volt Inu can be bought or traded on several cryptocurrency exchanges, both centralized and decentralized. Some of the most popular exchanges where you can buy or trade Volt Inu are:
- LBank: LBank is a centralized exchange that offers low fees, high liquidity, and multiple trading pairs for Volt Inu. You can trade Volt Inu with USDT (Tether) or ETH (Ethereum) on LBank.
- Bitrue: Bitrue is another centralized exchange that supports Volt Inu trading. You can trade Volt Inu with USDT or XRP (Ripple) on Bitrue.
- Uniswap: Uniswap is a decentralized exchange that allows you to swap any ERC-20 token (including Volt Inu) with any other ERC-20 token without intermediaries or registration. You can use Uniswap to trade Volt Inu with ETH or any other token on the Ethereum network.
- Quickswap: Quickswap is another decentralized exchange that operates on the Polygon network, which offers faster and cheaper transactions than Ethereum. You can use Quickswap to trade Volt Inu with MATIC (Polygon) or any other token on the Polygon network.
Conclusion
Volt Inu is a cryptocurrency that was launched in April 2021 as a meme coin inspired by Shiba Inu and Dogecoin. It aims to be a highly deflationary token that generates passive income for its holders through various revenue streams, such as NFTs, staking, yield farming, and nodes. It also has a community-driven and charitable aspect, as it plans to donate 1% of its profits to animal shelters and wildlife conservation. The current price of Volt Inu is $0.000000254672 USD, with a 24-hour trading volume of $7,729,226 USD. The current market cap of Volt Inu is $15,844,616 USD, ranking it at #769 among all cryptocurrencies. Volt Inu can be bought or traded on several cryptocurrency exchanges, both centralized and decentralized. Volt Inu is a crypto meme coin with potential for growth and innovation.
