Introduction
Cryptocurrency has been the talk of the town for the last few years. More and more people have been getting into the crypto trade and potentially gaining profits. After the success of bitcoin, a lot of new cryptocurrencies hit the market. Some of them succeeded, while others were not so lucky. One of the cryptocurrencies that thrived in the market and became very popular very quickly is the Meme coin. Memes have been an internet sensation for the past few years. Anything that goes viral on the internet is known as a meme. It could be a video, a picture, or even a text of humorous nature (who doesn’t like a good joke, right?). Meme coins, on the other hand, are cryptocurrencies that are modeled after popular memes that go viral on the internet, especially on social media. The first meme coin was known as Dogecoin.
Rocketize (JATO) – The New Memecoin in Town
Since the launch and success of Dogecoin, there have been a lot of meme coins in the crypto-verse, trying to follow in the footsteps of the leader. The newest and potentially great contender is Rocketize (JATO) which can possibly reach the heights of Terra Classic & Ethereum. It is a Binance Smart Chain-based program. The best thing about this token is that it is owned wholly by the community – who refer to themselves as “Atomic Nation” – and the trade exchanges that support it. Since it is an open-source community project, the team of Rocketize is based on volunteers. The project does not have a developer wallet, making it a transparent and honest platform being managed and governed by the Atomic Nation.
The token runs on the BSC platform and is built on the BEP standard. Every transaction made on JATO is subject to a 2% tax. People who hold wallets will be credited equal to one-half of the tax. The rest of it will get burned. As the tokens reduce, the price of the token will potentially increase, making it a possible deflationary token. Rocketize plans on becoming a household name. Being a meme coin, Rocketize is involved in the production of podcasts, videos, animations, graphics, memes (duh!), and other forms of educational and creative content, as well as open forums like Twitter Spaces, Voice chats, AMAs, and much more.
Terra Classic (LUNC)
If you aren’t new to the crypto market, you must know about the dramatic collapse of Terra’s LUNA network. The Terra ecosystem contained algorithmic stablecoins. The value of those coins was pegged with non-crypto commodities like the U.S. dollar. Now as the dust is settling, people are realizing that you can’t keep Terra down. After the collapse of the ecosystem, the blockchain split into two – Terra Classic and Terra 2.0. Terra Classic runs on the original chain, while the founder decided to not associate Terra 2.0 with stablecoins. Since the split, Terra Classic has since been gaining popularity among the masses because of the 1.2% tax burn. In simple words, when the coins are burnt, they are taken out of circulation, resulting in a reduced supply. This can potentially increase the value of the remaining coins. Other than that, LUNC is available for top crypto exchanges, making it easier to sell or buy it.
Ethereum (ETH)
Ethereum is perhaps one of the most famous cryptocurrencies in current times. It is a technology that is used by millions of people for holding assets, building organizations and apps, and communicating and transacting without being controlled by a central authority. The cryptocurrency used in Ethereum is called Ether. It is a decentralized blockchain platform used for making smart contracts.
Conclusion
There is no doubt that Rocketize (JATO) is an emerging cryptocurrency, with an immersive potential to grow but it’s too early to predict whether it can make an impact in the crypto space just like Ethereum or Terra Classic. The coin is currently in its presale stage, and it already gained enormous popularity.
For more information on Rocketize Token (JATO), you can visit the following links:
Presale: http://rocket.rocketize.io/
Website: http://rocketize.io/
Disclaimer: This article is a paid publication and does not have journalistic/ editorial involvement of Hindustan Times. Hindustan Times does not endorse/ subscribe to the contents of the article/advertisement and/or views expressed herein.
The reader is further advised that Crypto products and NFTs are unregulated and can be highly risky. There may be no regulatory recourse for any loss from such transactions.
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