Xeno (XNO) is a decentralized, community-driven meme token built on the Binance Smart Chain. Here are some key points about it:
- Purpose: Like many other meme coins, Xeno doesn’t have a concrete use case or whitepaper outlining its technology. Instead, it leverages the power of community and humor to drive its value.
Community-Driven: The project is heavily focused on fostering a strong, active community. This includes initiatives like meme contests, charity donations, and engaging with holders through social media platforms.
Binance Smart Chain (BSC): Xeno operates on the Binance Smart Chain due to its low transaction fees and fast confirmation times compared to Ethereum.
Tokenomics: As a BEP-20 token, Xeno follows the standards of tokens on the BSC. Its total supply is 1 quadrillion (1,000,000,000,000,000) tokens, with a portion reserved for liquidity pools and marketing.
Charity: A significant aspect of Xeno’s ethos is giving back to the community. The team donates a portion of the token’s transaction taxes to various charities, chosen through community voting.
Social Media Presence: Xeno has a strong presence on platforms like Twitter and Telegram, where it frequently interacts with its followers, shares updates, and organizes community events.
Volatility: As a meme coin, Xeno is subject to high price volatility, influenced heavily by market sentiment and social media trends rather than fundamental factors.
Remember that investing in cryptocurrencies, especially meme coins like Xeno, carries significant risk due to their high volatility and lack of underlying technology or use case. Always do thorough research and consider your risk tolerance before investing.
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