LOBOPrice

(LOBO)

LOBO•THE•WOLF•PUP ($LOBO) is a community-driven memecoin built on Bitcoin's blockchain using the Runes Protocol. Launched as the 9th Rune during the 2024 Bitcoin halving, its purpose is to foster decentralized collaboration and cultural expression within its "Wolf Pack" community. It aims to be a cultural movement within the Bitcoin ecosystem, prioritizing collective identity. There is also a distinct DeFi project called LOBO, launched in 2021 on Ethereum, focused on peer-to-peer transactions and financial services without intermediaries.

The LOBO•THE•WOLF•PUP memecoin utilizes the Runes Protocol, a standard on the Bitcoin blockchain for creating fungible tokens. This technical design enables it to integrate directly with Bitcoin's UTXO model, simplifying transactions and minimizing blockchain bloat. It functions as a "meme rune" with low fees, leveraging Bitcoin's inherent security and decentralized nature without requiring complex Ethereum-style smart contracts.

LOBO•THE•WOLF•PUP's ecosystem includes dynamic NFTs called LOBOVERSE, a collection of 10,000 Ordinals that undergo transformations during full moons. The project is characterized by community-driven initiatives, such as its significant donation of 8 BTC to fund the Runestones airdrop and active participation in viral campaigns. Its features emphasize community engagement and cultural expression within the Bitcoin ecosystem.

LOBO•THE•WOLF•PUP follows a fair launch model, meaning there was no presale, early investors, or artificial hype. Approximately 77.5% of its 21 billion total supply was airdropped to over 72,000 wallets. An additional 10% is allocated for supporting listings on various exchanges, and 7% is reserved for marketing efforts to promote growth. There is also another LOBO project with a fixed circulating supply of 21,000,000,000 tokens and no burning mechanism.

LOBO tokens are available for trading on both centralized and decentralized cryptocurrency exchanges. Users can find LOBO on leading platforms such as CoinEx, Kraken, Gate, MEXC, BitMart, and AscendEX. For decentralized trading, the LOBO/WETH pair is available on platforms like Uniswap V3 (Base), allowing for broad accessibility and liquidity within the crypto market.

For LOBO•THE•WOLF•PUP, the primary utility stems from its cultural and community aspects, with potential for staking or lending to generate income. In contrast, the distinct LOBO DeFi project offers practical utilities within its ecosystem, including covering transaction fees, staking for network security and rewards, and enabling governance participation. It also provides a foundation for developers to build dApps and integrations, and can be used in DeFi applications for lending, borrowing, and liquidity provision.