Introducing Hold On for Dear Life, otherwise known as $HODL - an innovative ERC-20 memecoin with an aim of transforming the crypto sphere. Launched on October 30, 2023, this new token serves as a reminder to all crypto enthusiasts to "HODL" - to hold on to their investments and resist the temptation to sell off at the first sign of market fluctuations.
About the $HODL Token
The $HODL token was inspired by the widely recognized crypto term, "HODL", which was initially popularized by a Bitcoin enthusiast named GameKyuubi. The token carries a maximum supply of 1 billion (1,000,000,000) with no further minting allowed, thereby ensuring a controlled supply of $HODL in the market.
Transaction Taxes and the "Anti-Jeet Shield"
Unlike many other tokens, there is no tax imposed on $HODL buy transactions. However, every sell transaction incurs a 6% tax - a unique mechanism known as the "anti-jeet shield." This mechanism aims to deter "jeets", or people who sell off their tokens quickly due to market volatility, from the crypto sphere. The proceeds from the tax is distributed equally, with 3% going towards all $HODL holders as passive income and the other 3% being allocated to marketing initiatives to further promote $HODL.
Liquidity and Security
The liquidity of $HODL is locked for a year, ensuring stability in the market. Enhancing investor confidence, the $HODL contract has been audited and found to be flawless, guaranteeing maximum security for all participants.
The Vision of $HODL
The vision for $HODL is clear and straightforward. It aims to eradicate the "jeet" mentality and replace it with a culture of true, diamond-handed HODLERS. The introduction of the $HODL token is not just the launch of another memecoin, but the beginning of an era where strength, patience, and resilience are celebrated in the world of cryptocurrency.
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