Minting so many coins mislead poor people into thinking they’ll get rich if they buy and hold millions of coins. PulseDogecoin intends to revolutionize meme coin value and scarcity by airdropping free PLSD coins to HEX stakers.
With only 12,000,000 PLSD to be made on Ethereum and a copy made on PulseChain in the future, this is the rarest meme coin to own in humankind’s history.
Tens of millions of users value meme coins, so much so that the largest crypto exchanges provide it, such Coinbase, FTX, Binance, etc. Elon Musk tweets about it.
People love dogs. Dog-themed cryptocurrencies sell. So easy! People buy what their peers buy because of FOMO. Trading cards, Hot Wheels, Beanie Babies, NFTs, dog coins, etc., all sell “scarcity.”
Shiba Inu and Dogecoin have done as well or better than HEX, outperforming practically all “useful” cryptos. HEX and PulseChain must establish a Meme Coin so we may adapt, modify, and lead its narrative. To bring the world into crypto, we must build Meme Coins.
This meme coin on PulseChain was created for the community, by the community, and given to the community. Someone else will if we don’t. If the hex community does not make it, you won’t be a part of it. It is organic like its grassroots, DOGECOIN and HEX.
Almost all meme currencies have an ample supply. PLSD has a 12M-coin maximum collection. This 12M supply is only available if all whitelisted claim addresses the claim within 100 days. There will be fewer than 12M coins if less than 100% of addresses claim.
All coins, meme or not, circulate more than less. Nearly every cryptocurrency has a high supply compared to Bitcoin. High supply objects have a unit bias, meaning humans prefer to own many things over a few. I agree. However, for something to be scarce, its number must be low compared to possible players. Dogecoin for PulseChain has an inadequate supply, more down than Bitcoins. No longer do people own millions or billions of meme coins.
If you desire the world’s rarest meme coin, you’ll only be able to own a small amount.
PLSD’s token distribution scheme rewards HEX’s “middle class.” The great majority of PLSD that may be claimed & Minted are for individuals who own 0.1% to 0.0001% of HEX.com Staking shares.
This distribution strategy rewards most HEX Staking addresses equitably. This paradigm prevents HEX whales from holding down prices and stifling adoption. Other projects have cited hex stakers by share size so highly that whales control the coin. Few whales who don’t see value in the project kill the price, while smaller fish try to pick up the vastly increased supply but fail. We deserve a chance to flourish along with a project, not suffer as a few unload their supply.