Taboo: A New Deflationary Token with NFT Platform Support

Taboo, a community lead project launches a deflationary meme token with its own NFT marketplace. It has a built in static rewards program where holders earn passively through the 5% tax distribution to token holders. TABOO is an entertainment and media-based blockchain tech project utilizing NFTs to create an exciting future. The community driven blockchain […]

In the past, many have argued whether or not the XRP token was deflationary or not. In support of the former, pro-XRP crypto analyst Panos Mekras has provided data that suggests that the token has deflationary characteristics.  Number Of Tokens Burned So Far In a tweet shared on his X (formerly Twitter) platform, Mekras referenced another tweet showing that over 11 million tokens had been burned. This stat undoubtedly suggests that the token is deflationary since its total supply has decreased over time due to the burn mechanism. Related Reading: 39-Month Cycle Says XRP Price Is Poised For....

There have been multiple mentions of bitcoin ending up in a deflationary spiral on the long run. At a bird's eye view for a layman, it sounds true. However, if one takes some time to study bitcoin and understand it in details, it will become obvious that the digital currency is quite different from conventional fiat currencies, and the deflationary spiral that seems perfectly applicable to fiat currency at certain circumstances doesn't apply to its digital counterpart. For those who do not know about deflationary spiral, it is an economic concept which states that continued deflationary....

Injective Protocol, a blockchain for decentralized finance (DeFi) and derivatives trading, is voting on a proposal to significantly reshape the platform’s tokenomics and introduce a new era dubbed Injective 3.0. According to Injective, through a post on April 19, the proposal is now open for voting via the Injective Hub. For the next four days, stakers and validators are free to participate.  Community Voting On Injective 3.0 Over the months since launching in 2023, Injective caught the crypto community’s attention. The team aims to launch a platform for users to launch....

In the past, meme coin prices have provided staggering returns throughout 2020 and 2021. However, after the cryptocurrency price crashes in 2022, users are looking for which meme coin to buy next. This guide looks at Tamadoge – one of the best upcoming cryptos and the best new crypto to buy in 2022. We will also discuss the meme coin price predictions and how to buy Tamadoge in 2022. 5 Key Reasons why Tamadoge is set to Overtake Floki Inu, Dogelon Mars and SafeMoon Inu in 2022 Which meme coin will explode next? While tokens like Floki Inu and SafeMoon Inu have performed well in the....