The Pangu Community has introduced a new meme cryptocurrency project, PDOG, with an initial supply of 210 billion tokens. Before its official launch, 50% of these tokens were burned, reducing the supply to 105 billion, with plans to further decrease it to 21 million. PDOG employs a dual-pool model integrating FIST and PDOG, featuring automatic burning and deflation mechanisms. Specifically, 5% of each transaction is burned, and the pool deflates by about 2% daily.
PDOG holders with at least 20 million tokens are eligible for trading dividends, while referral rewards are set at 3%. This project marks the second meme initiative from the Pangu ecosystem, focusing on the BNB Chain. The project team announced that the market capitalization surpassed $1.5 million within just 10 minutes of its launch.
Pangu Community Launches PDOG Meme Project with $1.5M Market Cap
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