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Hello folks How old is baby doge coin?

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June 1st 2021

Chinedu- Автор вопроса
DeMatt™
June 1st 2021

Okay Is there a burn mechanism for the token?

Chinedu
Okay Is there a burn mechanism for the token?

!burn Yes, we've burned 38.64?% within 5 months.

Chinedu
Okay Is there a burn mechanism for the token?

How does the auto-burn function work? Every holder (besides BDF’s wallet) gets reflections from every transaction. The amount of reflections distributed from each transaction is 5%. The tokens are distributed based on the amount of tokens you hold. If you hold 10% of the overall tokens then you would get 10% of 5% of every transaction. If you hold 2% of the overall tokens then you would get 2% of 5% of every transaction. The burn wallet currently has about 37.32% of the tokens so it gets 37.32% of 5% of every transaction which amounts to about 1.866% of every transaction

Chinedu
Okay Is there a burn mechanism for the token?

auto burn secondly and manually montly

Chinedu
Okay Is there a burn mechanism for the token?

How does the auto-burn function work? Every holder (besides BDF’s wallet) gets reflections from every transaction. The amount of reflections distributed from each transaction is 5%. The tokens are distributed based on the amount of tokens you hold. If you hold 10% of the overall tokens then you would get 10% of 5% of every transaction. If you hold 2% of the overall tokens then you would get 2% of 5% of every transaction. The burn wallet currently has about 37.32% of the tokens so it gets 37.32% of 5% of every transaction which amounts to about 1.866% of every transaction

Chinedu- Автор вопроса

Thanks

Chinedu
Thanks

You're welcome

Why ? Burning won't make you rich

lord mouss
Why ? Burning won't make you rich

Actually, the burning should go really quickly. I've calculated a bit. We have a 24h trading volume of 18.000.000. 5% for the burn is 900k. This multiplied by 365 for one year is 328.5 million. At the current price, this corresponds to 114q. Then you have 12 x 3q manual burning. Would we be at 107q. After one year. And that's assuming that the trading volume doesn't grow any further. So my forecast, in 1 1/2 years at the latest we will be at a maximum of one q. That would be a price increase of x257 at a MC of 0,75b At 10 billion mc we would be at x3436. So now you know who wins. The holder.

lord mouss
Why ? Burning won't make you rich

But... When will be supply de theb very chance to price are increasing

Me Alone
But... When will be supply de theb very chance to ...

🛑🛑 This message is for everyone that is always asking to burn a zillion coins or asking about supply. Please educate yourself a bit (look at bscscan to see around how man we have left). First of all, we are not a pump and dump coin (one that is here today, gone tomorrow), we are here for the long haul. Our goal is not to make thousands, but to make millions; and to take as many with us to Mars, as possible! Second of all, we cannot burn all coins because we need them for future projects (how can we ever list on Binance or Coinbase if you do not have the coins for people to purchase). Lastly, we burn coins with every buy, sell, and transfer. That combined with the monthly manual burns, we are burning around 40 Million Dollars a month!!! 40 Million Dollars!!! For anyone that does not know, a percentage of every transaction goes to the burn wallet. Well, guess what? Those coins in the burn wallet get reflections too! That means, as time goes by, with every transaction, we are going to be burning more and more coins! So, please, please stop asking for burns! We are on the right track. Be patient. Let our Baby grow organically. We love our Baby Doge Community!!!

Daniel
Actually, the burning should go really quickly. I'...

Wrong how about if big holder and deployer holing 11.8q doesn’t want to sell? Burning % will be decreasing unless they sell some coins to increase value of market

I’m not but I think they will sell it for some projects so 0.000005 is possible but take time

Daniel
Actually, the burning should go really quickly. I'...

But the higher the price the lower will be the burn. The best would be low price and high volume for the next 1,2 years… This means any pump and killing 0 soon will lower the benefit on the long run

Jan Da
But the higher the price the lower will be the bur...

Correct...People should pray for higher volume than killing zeros

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