Full name Polkadog, this newly-launched meme coin offers much more than a gimmick to the crypto curious, with multiple opportunities to its holders on top of the returns they can expect from trading. It’s also pitched as providing the community with a fairer trade – which new or veteran investors alike will be eager to explore.
According to its creators, PDOG is 100% self-funded and community-owned currency, where everybody including the team behind the scenes has to buy tokens, with all profits staying within and benefiting the platform ongoing.
Launching recently on Uniswap, an established DeFi platform facilitating millions of crypto transactions – and the world’s most successful DEX to date – it was fundamental the project launched 100% fair with no pre-sales, private sales, VCs or team tokens permitted. What’s more, the folks behind the PDOG were keen to keep things fairer still and implemented a 50k $PDOG buying cap for the first 21 days trading, providing a level playing field for all and helping to keep the whales at bay – not to mention the bots!
Launch fair it did, and successfully too, with close to 3,000 holders already registered for PDOG v1 in just 5 days. Safe to say, the coin’s value has begun its upward journey and gaining the pace you’d expect. With 50mil launched and a further 50mil in reserve for PDOG v2 – all allocated towards further liquidity and airdrop rewards – things are currently looking rosy for the PDOG community. And since the founders just locked all future token allocations and Uniswap liquidity with Trustswap, they’re likely to become even rosier.
Eventually, PDOG will switch to Polkaswap, another cross-chain platform built on Polkadot technology, still in development and soon to launch on the SORA network. Like Uniswap, it allows multiple chains to trade together and offers low trading fees per transaction – just 0.3% – all of which will head back into the platform to reward liquidity providers, making it one attractive place to trade. Polkaswap also features a multiple pool search, finding you the best exchange available at the point of purchase, and support for tokens including BTC, ETH and DOT.
Asides from the coin’s value, there are plenty of other benefits available, including auto-add to liquidity pools, token burns, redistribution, and surprise airdrops through its soon-to-launch Farm Game (on the roadmap under PDOG v2). You’ll also have the chance to purchase PDOG-branded merchandise shortly if you so wish. Oh, and rumour has it this canine will soon have a feline friend to play with, Polkacat, although everything seems a little secretive on this front for now. A bit of a ‘watch this space’ for those interested in crypto with a twist of fun!
PDOG creators are hoping to take the crypto crown by 2022. The question is, who’s jumping on board to support their journey?