November 5, 2024
News

How Did Little Known Moonway Take The Crypto World By Storm?

Tampa, Florida, 15 Dec 2021, ZEXPRWIRE, What was once a little-known crypto-token, Moonway, has taken the crypto world by storm in just a few days. On the morning of 12/11, the token had a market cap of $600k. It was over $3 million by that evening, giving investors a 500% return on investment in under 24 hours.

At a time when the crypto market is down, Moonway is up. Moonway is poised for explosive growth into the New Year.

Why The Sudden Increase in Value?

Recent Moonway investors have come from other similar coins including Safemoon. These investors see the long-term growth potential in Moonway and expect to see consistent, high returns on their investment.

What is Moonway?

Moonway is a Binance Smart Chain-based DeFi + NFT token. Moonway’s growth has been through the organic community, and the coin allows the regular crypto investor to participate in events and be part of the decision-making community. In addition, the existing community has structured itself to execute the project’s vision for long-term development.

Moonway burns 5% and gives token holders another 5% with every transaction. Thus, existing tokens gain value because of the positive deflationary effect. The community has burnt 15% of the entire supply since the developer’s inception, in addition to the initial 40% burn. As the volume grows, the supply shrinks, encouraging long-term holders to hold on to their tokens.

Moonway Direction

The Mooinway community voted on Charity as the primary purpose of the token. They are setting up a charity for STEM research for underprivileged students, democratizing access to space. To get there, the community is launching an NFT with contract tax tied to charity, liquidity providers, and marketing.

Media Contact

Company Name: MoonWay

Website: https://www.moonwaybsc.com

Email: Click Here

Telegram: https://t.me/moonwaybsc

Twitter: https://twitter.com/moonwaybsc

The post How Did Little Known Moonway Take The Crypto World By Storm? appeared first on Zex PR Wire.

Information contained on this page is provided by an independent third-party content provider. Binary News Network and this Site make no warranties or representations in connection therewith. If you are affiliated with this page and would like it removed please contact [email protected]

Related posts

ALINK AI Launches Blockchain-Based Marketplace for Artificial General Intelligence Services

Binary News Network

Cop26 Proudly Announces We Have Now Minted Our Very First Coin

Binary News Network

Degen Finance Completed 50 Epochs of 6 Hours Each and New Strategic System

Binary News Network