Trump2024 Token – A Crypto Project, Created to Raise Political Awareness -Breaking
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Trump2024 Token – A Crypto Project, Created to Raise Political AwarenessTrump2024 Token is a fresh initiative that aims to promote awareness and support the reelection of Donald J. Trump as President in the U.S Presidential Campaign. Worldwide, online communities are rapidly discovering the potential of cryptocurrencies to promote a broad range of subjects.
This review will objectively examine the key features of the project and provide the best details about the initiative, without any bias. This review covers information about the Trump2024 Token, which is an ongoing project.
What is the Trump2024 token?
Trump2024 Token (a new non-profit project) is an initiative to promote awareness and support for President Donald J. Trump’s re-election at the next U.S. Presidential election. Here are the highlights of the project.
These are the key components of the initiative
Our team’s goal is that Trump2024 Token will enter the market promoting a full transparency internal mechanism. Our community will vote on major decisions as the project grows and evolves.
The attribution of coins reflections will incentivize the holding of the token, which is a common passive income model in crypto. Another important part of this initiative will be a farming system with an annual yield (APY), 200%.
A majority of crypto projects choose to have a KYC done on their founder team. Markets will be positive about a KYCed team, since there are potential crypto-scam operations (think rug pulls). A 3/4% buyback program is included in the project for every sale and purchase. The crypto market is known for its buybacks. This move helps to maintain price stability.
It is also important to note that the entire profit of this project will go to charities supporting U.S veterans.
The tokenomics
Trump 2024 Token (BSC) is a token created on Binance Smart Chain. Total circulation of the BEP-20 coin is 1 trillion. The distribution of the BEP-20 coin follows a predetermined distribution system:
- Public presale: The presale operation – 40% of the total supply were allocated to the presale that concluded on Pinksale on January 9th and was a tremendous success, when 400 BNB were contributed in less than 6 hours
- 20 percent of the total supply goes to agriculture and polling
- A Community Treasure: 30% of all the coins were donated by the team to create a treasure for the community.
- Marketing: The project is dependent on the remaining 10% to raise its visibility with crypto enthusiasts.
Every token transaction, whether it is purchase or sale, comes with a transaction fee. The taxes are broken down in the following:
- 11% buy tax: coins go to the liquidity (2%), marketing (2%), community Treasure (2%), and token reflections (5%)
- 21% sale tax: coins are transferred to token representations for holders (7%) and marketing operations (33%), the community treasure (33%), and liquidity pool (8%) This temporary sale tax was not set at an excessive level and has anti-dumping purposes.
Liquidity & Rewards
Analyzing the tokenomics can help you to identify the following two pillars.
- To control stable price growth, auto-liquidity is the establishment of a mechanism to automatically transfer funds to the liquidity pool.
- Auto-rewards: The project offers another incentive for holding the coin. Token holders will receive rewards.
The third pillar is transparency. This topic will be discussed in the next section.
Transparency
Every exchange is tracked on the BSC and an audit trail allows you to trace back the on-chain transactions. The token distribution list was also made public by the team.
These wallets include, among others, the Treasury wallet mentioned above, as well the Trump Farm Wallet (the Future Listing Wallet) and the Volume Wallet.
The project roadmap
The project’s team sees five main stages in the launch and growth of Trump 2024 Token, which we summarized in the following sections.
Stage 1
The project is still in its infancy and has a number of preparatory operations. As mentioned, the pre-sale operation was completed on launch day. On the marketing side of things, the goal is for Telegram to reach 1,000 holders and 2,000 Telegram users.
Trump2024 Token was holding over 200 token holders at the time this article was written. They are aiming for more than 1,000 to the end.
Stage 2
This stage is the second and final phase of the project. It will help achieve one its major goals: to direct donations towards charities for veterans. The marketing campaign will also help reach 10,000 Telegram subscribers and 6,000 holders of the Initiative.
At that point, the project’s roadmap includes a milestone on the development of proprietary non-fungible tokens (NFTs). Look back to 2021 and we can see that NFTs have gained popularity in blockchain sectors, and there are many other crypto projects working in this area.
3. Stage
Trump2024 Token will enter an advanced stage when it is listed on both small and large exchanges. At this stage, the team anticipates reaching 40,000 tokenholders on the market.
4.
The growth path anticipated by the project’s team is expected to reach 80,000 token holders. The first interviews with mainstream media (radio, TV) will be aired.
Stage 5
The project should be moving towards new goals by forming new partnerships. The number of token holders should reach 200,000.
Final thoughts about the project
Trump2024 Token, a brand new project, shows another way of leveraging the benefits of blockchain technology. The team’s ambitions are undoubtedly high, and our project will definitely need a large amount of marketing investment to follow its roadmap.
Disclaimer: CoinQuora doesn’t endorse the products or content found on any of its pages. Although we do try to offer all information possible, we encourage readers to conduct independent research prior to making any decision. This article is not intended to be an investment advisory.
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