MAGA, short for "Make America Great Again," is a unique meme cryptocurrency token that was launched fairly recently, specifically on December 8, 2023. The project is based in the United States of America and is built on the widely popular Ethereum Network.
Taxation and Donation
What sets MAGA apart from other cryptocurrencies is its innovative taxation policy. The project levies a 1% tax on both buy and sell transactions. But rather than hoarding these funds, MAGA uses them for a noble cause. The collected tax is donated to Disabled American Veterans (DAV), an organization that provides a lifetime of support for veterans of all generations and their families.
Transparency
The MAGA project prides itself on being transparent. Details of all the donations made to DAV are regularly posted on the project's social media platforms. This level of transparency has been appreciated by MAGA's growing community, leading to increased trust and confidence in the project.
Token Supply
In terms of token supply, there are 47 million MAGA tokens in circulation. This ensures that the project retains a high level of liquidity, making it easier for users to buy and sell the tokens in the market.
Political Support
Beyond being a cryptocurrency, MAGA is a manifestation of political support. The project's primary motivation is to extend its support to the presidential campaign of Donald Trump, contributing to the political landscape of the United States while simultaneously serving as a functional cryptocurrency.
With its innovative taxation policy, commitment to transparency, and political motivations, MAGA represents a unique approach to the world of cryptocurrencies.
MAGA social statistic
2,278
Twitter followers
6,144
Telegram members
0
Reddit subscribers
0
Facebook likes