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Ancient Doges is a BEP-20 cryptocurrency with a maximum supply of 1 billion Tokens, in which they have allocated 250M tokens for additional exchange listings. According to their Telegram channel, the Ancient Doges NFT team was recently approached by representatives from Exchanges like P2PB2B and Bibox to discuss listing packages. With a fair launch market cap of $5,000 (USD) the token managed to reach a high of about $47,000, an increase of 840% on its launch day.Ancient Doges NFT Token is 100% backed by its NFT collectable’s, which are available for sale on its marketplace at nftrade.com. Some of their NFT's have perks like receiving 25% of funds distributed to the marketing wallet for 90 Days or receiving 10% of all coins that are scheduled to be burned for 30 Days. Additionally, proceeds from NFT sales are used to buy back & burn Ancient Doges NFT Tokens.
The steps below outline how the ecosystem works in more details:
1. Ancient Doges Collectable Trading Cards Are Created & Minted into NFT’s
2. Proceeds From NFT sales are used to buy back & burn Ancient Doges NFT Tokens
3. The value of Ancient Doges NFT Tokens Increase
4. An Increase in token price attracts traders and speculators resulting in a trade volume increase
5. Transaction tax generated from trading activity is used to generate more NFT’s
Each transaction of Ancient Doges NFT is taxed at a rate of 4%. 1% of each transaction is distributed to holders based on their share of tokens. 1% of each transaction is distributed to the liquidity pool, which provides price stability. Finally, 2% of each transaction is distributed to the marketing wallet for project development. All tax is automatically distributed to wallets in Dogecoin.
Ancient Doges NFT Token has been recently listed on sites like Nomics & Coin Alpha. Their roadmap shows that they’ll submit their application for Coin Gecko listing at 250 Holders. The token explorer shows they’re at 69 Holders so they should be on track for that application in a few weeks.
As Ancient Doges NFT continues to add more unique NFT’s to their marketplace, their token will continue to appreciate exponentially.
Contact Info:
Name: Henry Rogers – CEO & DEV
Email: Send Email
Organization: Ancient Doges
Website: http://www.ancientdoges.com
Release ID: 89051698