The Crypto Industry is growing at an exponential rate despite doubts from major banks and Big Business. As a result, in only the space of 4 years, Decentralized Finance (DeFi), Yield Farming, Liquidity Mining, Staking, Non-Fungible Tokens, and many other crypto niches have evolved into distinct markets.
CryptoBulls ($CBT) is a token on the Binance Smart Chain (BSC). According to their main website, the mission of CBT is to “provide an innovative and effective learning within the crypto and business world.” CryptoBulls is chiefly focused on the Decentralized Finance (DeFi) space. $CBT is supposed to help new and existing investors traverse the rapidly evolving crypto world. This makes navigating the cryptoverse a hassle. CryptoBulls is here to fix that.
First, CryptoBulls boasts of remunerations or rewards to those who hold the $CBT token. Secondly, they have a Crypto Academy, which will offer advice and educate both new and older investors in the space. Third, their NFT platform is almost ready to get a piece of the NFT pie. Finally, their Merchant Payment system is in the works, as they recently tweeted. Currently, CryptoBulls is in its launching phase. This includes listing on price aggregation platforms like CoinGecko. The team is also developing their Merchant Payment Integration and will launch it by the end of Quarter 3, 2021.
CryptoBulls ($CBT) Tokenomics
$CBT has a max and total supply of 100,000,000,000,000 tokens. All of these tokens are in circulation. Hence there is no risk of dumping tokens on the market. The token currently has a market cap of $1,206,251 (at the time of writing) with a price of $0.000000012063. This represents a 14.1% increase for the day.
Despite such a huge number of tokens, $CBT has a deflationary token economy. Every $CBT buy or sell transaction incurs a total of 11% tax. The team adds 7% of this 11% to the liquidity, and the other 4% is given in rewards to holders of the $CBT token. Over time, the percentages will drop to a total of 2%. However, the development team will only implement this once CryptoBulls fully begins to use their Point of Sale (PoS) system.
CryptoBulls developers plan to have the token on more exchanges soon. Therefore, be on the lookout for new announcements from the team. They have also hinted at new updates coming out soon. This means they are busy behind the scenes working to deliver a quality product fast.
How to Buy CryptoBulls ($CBT)
Currently, the main market for trading $CBT tokens is PancakeSwap.
- Step 1: First, download the wallet version that suits your Phone Operating System (Android or IOS) from the Trust Wallet and create your wallet.
- Step 2: Secure your recovery phrase.
- Step 3: Acquire Smart Chain BNB (You will need this to swap to CBT).
- Step 5: Click on “Connect wallet” and select Trust wallet.
- Step 6: Click on “Select a currency” and insert the $CBT contract Address: 0x9f42f1143784e2d34c618a3bfbda2099c1662e36
- Step 7: Click on “Import”
- Step 8: Finally, proceed to Swap your BNB to CBT.
- Step 9: Congratulations, you are now a CryptoBulls ($CBT) holder
In summary, CryptoBulls is setting themselves up to corner a part of the market that remains neglected. More and more new investors are streaming in, and they will need someone to guide them. If they deliver on their promise, then $CBT could be facing a huge upside potential.
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