SOL

What is Duko Memecoin?

by BSCN

July 25, 2024

chain

Duko has quickly gained traction by fostering a fun, engaging platform while committing to charitable causes.

Duko (DUKO) is a meme coin that launched on the Solana network on February 14, 2024. 

The project does not follow a strict roadmap or have a dedicated team leading its development. Instead, Duko embraces the unpredictable nature of meme culture, allowing its community to shape its direction and make decisions collectively.  The memecoin is also known as “Solana’s Cutest Dog.”

Charitable Contributions

Charity is a cornerstone of the Duko project. The memecoin has demonstrated its commitment to social causes by donating over $5,000 (24.02 SOL) to several dog-related charities, including the SOI Dog Foundation, the American Society for the Prevention of Cruelty to Animals (ASPCA), and Muttville. 

 

Additionally, Duko has provided 1,100 hot meals to Syrian refugees, showcasing its broader philanthropic efforts. These actions have helped build trust and admiration within the crypto community.

Supply and Distribution

The circulating supply of Duko is 9,663,955,990 DUKO coins, with a maximum supply limit set at 9,999,609,598. This information is vital as it influences price volatility and potential growth.

 

Here’s a breakdown of Duko’s allocation:

 

  • 75% allocated for liquidity, ensuring enough tokens are available for trading and stabilizing the price.

  • 2% for team and potential exchange partnerships, supporting team incentives, development, and listings.

  • 3% for charity donations, reinforcing the project’s commitment to social causes.

  • 20% for airdrops, aimed at increasing market awareness.

Currently, over 20% of the memecoin is held by centralized and decentralized exchanges, with the largest individual holder owning 1.85% of the total supply.

 

The number of daily active wallets stands at 637, and there are 35 markets trading Duko. The top 10 holders collectively possess 2,624,589,028.842 DUKO (26.25%), while the 24-hour trading volume is 1,124,047.167 DUKO (70.12%). The total number of holders is 22,239.

Disclaimer

Disclaimer: The views expressed in this article do not necessarily represent the views of BSCNews. The information provided in this article is for educational and informational purposes only and should not be construed as investment advice. BSCNews assumes no responsibility for any investment decisions made based on the information provided in this article

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