Bittime - Honk (HONK) is a decentralized meme coin on the Solana blockchain , inspired by the viral video game "Untitled Goose Game". Launched on January 13, 2024 as a competitor to $ BONK , HONK offers several advantages, such as 0% tax, burned liquidity, and revoked mint authority.
What is Honk (HONK)?
HONK is a meme coin inspired by the cocky goose in "Untitled Goose Game". This coin was launched on Solana as a competitor to $BONK, with the aim of creating a fun and decentralized community.
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Honk (HONK) Key Products & Features
- 0% Tax: HONK transactions are tax-free, so users can trade and send coins without additional fees.
- Liquidity Burned: HONK's liquidity has been burned and locked forever, ensuring that coins cannot be withdrawn from the market.
- Mint Authority Revoked: The authority to mint new HONK coins has been revoked, so the supply of coins is limited and will not be diluted.
- Memes & Community: HONK has an active and creative community that produces memes, art, and other content.
- Continuous Development: The HONK team is committed to developing the coin and adding new features in the future.
What is HONK?
HONK is a BRC-20 token that acts as the primary currency in the Honk ecosystem.
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HONK Token Tokenomics
- Total Supply: 999,985,895 HONK
- Circulating Supply: 919.818.677 HONK
- Max Supply: 1,000,000,000 HONK
- Market Cap: IDR 139,923,899,945 (as of February 2024)
Honk Fundamental Analysis (HONK)
- Pros: 0% tax, liquidity burned, mint authority revoked, active community, continuous development.
- Cons: New meme coin with short history, no real utility.
Comparison of Honk (HONK) & Competitors:
| Feature | Honk | Bonk |
| Blockchain | Solana | Solana |
| Tax | 0% | 5% |
| Liquidity | Burned | Locked |
| Mint Authority | Revoked | Revoked |
| Community | Active | Active |
| Utility | Memes | Memes |
Founder & Tim Honk (HONK)
Information regarding the Honk team has not yet been officially published.
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Expert Opinion About Honk (HONK)
Expert opinions on Honk are still mixed. Some experts see potential in the community and its utility, while others question the long-term viability of meme coins.
Conclusion
HONK is a new meme coin with several advantages, such as 0% tax, burned liquidity, and revoked mint authority. This coin has an active community and a team committed to its development. However, HONK is a high-risk and speculative coin, and investors should be careful before investing.
How to Buy Crypto on Bittime
You can buy and sell crypto assets in an easy and safe way via Bittime . Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappebti.
To be able to buy crypto assets on Bittime , make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet . For your information, the minimum purchase of assets on Bittime is IDR 10,000. After that, you can purchase crypto assets in the application.
Learn Complete Guide How to Buy Crypto on Bittime .
Monitor price chart movements for Bitcoin (BTC) , Ethereum (ETH ) , Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
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DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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