What is DogeBonk?

Symbol: DOBO · Market cap rank: #2227

Short answer

DogeBonk (DOBO) is a cryptocurrency currently ranked #2227 by market capitalisation. It is classified as memecoin.

Source: isthiscoinascam.com

Overview

DogeBonk is a token operating on the Binance Smart Chain with deflationary features and automatic yield generation. A tax of 5% is applied to all transactions; half of this is distributed to DogeBonk holders, while the other half is added to a locked liquidity pool. The total supply of DogeBonk is capped at 5 trillion tokens, with a limit on transactions set at 0.5% of the supply at a time to mitigate bot activity.

The project launched without a presale, emphasizing a fair distribution model. The liquidity provider tokens are locked indefinitely, and ownership of the contract has been renounced, suggesting a decentralized governance model.

Launched: 2021

Headquarters: Unknown

Scam-risk analysis

DogeBonk has a low score, indicating elevated scam risk based on the available data. Is DogeBonk a scam?

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