ANTcoin (ANTCOIN) Price, Charts, and News | Coinbase: antcoin, ant network coin price, antcoin price

What Is Antcoin (ANT)?

Antcoin is a meme coin aiming to make a fundamental change in the world with making charitable donations. These donations are given for wildlife conservation and environmental reserves ensuring that all other ant colonies benefit from the earnings. A meme coin is a cryptocurrency that is inspired by a meme or an internet joke. As the internet joke gets viral, the value of the associated meme coin goes up as people tend to become a member of that sensational internet joke.

As per the whitepaper, the founding team aims to make sure that every Antcoin holder understands how their investment benefits them and Antcoin’s overall mission. The Antcoin team also seeks to solidify the project’s long-term viability early in time. They aim to perform the following activities to achieve:

• establishing partnerships with charities.

• utilizing tournaments and voting to engage the community.

• listing new and worldwide exchanges.

• developing new features, such as an Antcoin app, for long-term expansion.

The Antcoin team claims to focus on organization growth and transparency to ensure fellow Antcoin holders feel secure, comfortable, and enthusiastic about the expanding project. In addition, they claim to offer regular updates, with all recommendations and comments from the community taken into account. Moreover, the founding team has locked Antcoin’s liquidity and renounced the ownership.

The native token of Antcoin is “ANT.”  A 6 percent tax is charged to every transaction processed. The remaining 3 percent of ANT is allocated equally to current holders, while the remaining 3 percent is locked in liquidity. This redistribution incentivizes Antcoin holders to hang on to their coins during heavy volumes, such as dips and spikes. Supply becomes more limited as more Antcoin holders hang on to their ANT tokens, and as demand rises, so does the value of the user’s ANT holdings. The total supply of ANT is one billion coins.