MoePrice

(MOE)

The 'Moe (moe)' token is designed as a deflationary memecoin operating on the Ethereum blockchain. Its primary utility involves enabling users to mint Non-Fungible Tokens (NFTs) and participate in popularity contests. These activities are central to the "OTAKU" ecosystem, which is structured around the distinctive "red face emoticon meme," providing specific functional roles for the token beyond mere speculative holding.

The 'Moe' token incorporates a deflationary mechanism primarily through a burning process. Specifically, a certain amount of 'Moe' tokens are permanently removed from circulation each time a 'Moe' NFT is successfully minted. This continuous burning process, directly tied to NFT creation, is designed to progressively reduce the total token supply, thereby contributing to increased scarcity and potentially enhancing the token's value proposition over time.

The 'Moe' token features a fixed total supply, which is a foundational aspect of its tokenomics. The distribution of these tokens follows a decaying emission model. While specific allocation categories like liquidity mining, treasury, team, or airdrops are general examples for crypto projects, the provided information explicitly states 'Moe' has a fixed supply and a decaying emission model.

'Moe' tokens are primarily accessible for trading on decentralized exchanges. Users interested in acquiring or selling 'Moe' tokens should note that the project has been observed to have a low daily trading volume. This characteristic can present challenges for some individuals when attempting to buy or sell significant amounts of the token, potentially affecting ease of transaction completion.

The distribution of 'Moe' token wealth among its holders exhibits a concentrated pattern. It has been observed that a substantial portion of the total supply, potentially as high as 79.28%, can be held by the top 10 richest addresses. It is important to note that these leading addresses may include wallets associated with cryptocurrency exchanges, which aggregate funds from multiple users.

The 'Moe' project aims to engage its community through specific policy choices within its tokenomics. One notable strategy mentioned is a "no-tax policy," which likely aims to reduce transaction costs for users. Additionally, the project intends to implement a "redistributive system" designed to benefit long-term stakers, thereby incentivizing sustained participation and loyalty within the 'Moe' ecosystem.