Mr. Pratik chadhokar is an Indian Forex, Cryptocurrencies and Financial Market Advisor and analyst with a background in IT and Financial market Strategist. He specialises in market strategies and technical analysis and has spent over a year as a financial markets contributor and observer. He possesses strong technical analytical skills and is well known for his entertaining and informative analysis of the Financial markets.
Meme-coins have made a special place among the crypto community with Dogecoin sitting on top. Since then, other meme-coins have emerged including Shiba Inu, Floki Inu, Baby Doge and more. Now MOOKY have joined the club while also delivering the users with the opportunity to make the world green. Today, deforestation has become a major global problem which can send devastating effects to the environment.
Community Comes First
MOOKY is a community first token where the members can get unique benefits by owning the tokens. The project also offers non-fungible tokens (NFTs) where holders of super rare or legendary NFTs would receive exclusive perks. The assets owners will have a direct say in project decisions processed through DAO governance.
Unlike most of the meme-coin projects that focus only on payment services, this project comes with a vision to make a difference in the world. With context to financial aspects, there is no tax associated with buying or selling MOOKY tokens. Other than this, the users may get a chance to enter the Mooky Ventures Club to experience exclusive benefits.
While there are over 139 Billion DOGE currently circulating in the market, though there’s no fixed supply, MOOKY holds a supply of 500 Billion tokens of which 70% have been put aside for pre-sale. However, the project does not operate on its own blockchain, similar to Shiba Inu. SHIB’s market supply is capped at 1 quadrillion. AS of now, Shiba Inu was trading at the market value of $0.00001029 while Dogecoin was changing hands at $0.08051 at the publication time.
Cryptocurrencies are usually associated with carbon emissions while there are only a few initiatives working with the well-being of the environment in mind. Data shows that Bitcoin consumes so much energy that it can power a country like Norway. However, Mooky being a token operates on Ethereum blockchain.
Ethereum shifted their operations from proof-of-work to proof-of-stake to become carbon negative. Any project operating on ETH blockchain is in itself, green. Mooky might prove a boon to the cryptocurrency community as the initiative is working against the major issue digital assets are usually associated with.
The project is a meme-coin at heart and will host giveaways and competitions to keep the community engaged. Moreover, the team will introduce more products and utilities as the initiative grows. Also, the company has a robust roadmap which highlights key focal points of MOOKY. One of their most interesting goals remains planting over 10,000 trees.
MOOKY comes with a unique concept while also with the potential to shake DOGE. SHIB and more meme-coin communities. If you are looking for a crypto asset which focuses on other utilities alongside financial services, you can go for MOOKY. While being a holder, a user is also becoming a part of a green movement.
Disclaimer
The views and opinions stated by the author, or any people named in this article, are for informational purposes only and do not establish financial, investment, or other advice. Investing in or trading crypto assets comes with a risk of financial loss.
Source: https://www.thecoinrepublic.com/2023/05/01/mooky-the-monkey-is-here-to-challenge-dogecoin-and-shiba-inu/