Rocketize Is a Must-Have Crypto With A More Effective Hedge Over Inflation than Apecoin and Stellar | – Bitcoinist
No matter the country, an economy is prone to inflation – as far as trading occurs in a particular country. In the same vein, cryptocurrencies are also subjected to inflation. This means that the value of the coin or token may decrease over time, causing the price to increase.
Cryptocurrencies are more prone to inflation because they follow the growth of stock patterns. In addition, the market is volatile, which may cause a fall or rise in the coin. As such, the prices of these coins may fluctuate over time. Therefore, inflation is determined by how stable the coin is.
Many cryptocurrencies have adopted models to curb inflation. Apecoin (APE) is a meme coin with a unique approach toward inflation. It is well known for its affiliation with the Bored Apes Yacht Club (BAYC), possessing an amazing collection of NFT items. It has grown in popularity tremendously.
However, this doesn’t make it less susceptible to inflation. As such, Apecoin (APE) is neither deflationary or inflationary. It has a hard cap on the supply of its APE tokens. This is because if the demand rises over time, there will be less supply of APE coins enough to cause inflation.
Looking intently into the crypto space, Stellar (XLM) is another cryptocurrency with a unique approach toward inflation. Many have adopted it as a great way to pay or perform quick and less expensive transactions. In no time, its demand will likely increase.
Stellar (XLM) operates on a unique inflationary model. We understand that an inflationary model may cause inflation due to the number of its tokens on the rise. Therefore, stellar (XLM) limits the supply of its tokens to 1% annually. This way, the supply is less, inflation is less, and the coin’s adoption is more.
These may seem like pretty strong measures to eliminate inflation, but it may take some time. Therefore, Rocketize (JATO) sought a better approach to inflation with its deflationary model.
One look into Rocketize’s ecosystem, and it’s pretty apparent it’s not the usual meme coins dominating the internet. It is a well-thought meme coin aiming for real change in the DeFi space. This change cuts across several features to maximize blockchain technology and maintain its ecosystem.
It adopts the deflationary model as a hedge over inflation by maintaining its ecosystem. This means that its supply decreases over time, even as demand increases. In other words, its purchasing power will increase over time due to its scarcity.
This approach is intentional in all transactions made in the ecosystem. Every transaction is subjected to a 2% tax. One and a half of the 2% will be given to holders of JATO tokens, while the remaining will be burned. This slight burning per transaction will gradually reduce its supply. This will subsequently burn 50% of its tokens in supply.
Its tokenomics is a well-planned system with an overview of the plans it has in place to distribute JATO tokens and reduce inflation. Rocketize (JATO) currently has a supply of one trillion tokens in circulation. Once these tokens are distributed, half will be burned to anonymous addresses.
You can be part of this cutting-edge solution towards inflation by doing the following:
You can buy JATO Tokens with any other exchange and earn some bonuses. If you buy with ETH, BNB/BSC, USDT TRC-20, USDT ERC-20, BTC, SOL and SHIB, you earn bonuses of 8%, 12%, 12%, 10%, 15%, 10% and 15% respectively. You can also earn on each presale stage. That means you earn 8%, 6%, and 4% on presale stages 1 to 3, respectively.
Rocketize (JATO) favors deflation and creates an effective way to ensure its purchasing power continues to increase.
Rocketize Token (JATO)
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