ICYMI: Bittrex announced the listing of VoltInu $VOLT $SHIB ShibaInu
VOLT exists on both ETH and BSC, and it has been promoted as"a hyper-deflationary token," whose treasury investments will be made in NFTs, stablecons, altcoins, staking and farming. Profits will be used to buy back VOLT coins and, according to the VOLT website. Regular burns are also conducted by the SHIB and BabyDoge meme coin communities.
The deflationary mechanism implies a 2% burn tax for VOLT on Ethereum and 4% burn tax for the BNB Chain . The whitepaper says that the VOLT team constantly builds"aggressive burning algorithm."Besides, the whitepaper of the coin says that the ecosystem has an Automated Social Activity Reward, an NFT ecosystem and a DEX. The social activity rewards will be given to users for completing tasks that raise VOLT exposure to the crypto community and the general public.
Presently, VOLT is ranked 8,188th on CoinMarketCap, exchanging hands at $0.000000000000000008. Over the past 24 hours, the coin has seen a 52.25% fall, despite the news of the Bittrex listing.
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