What is ELMOERC (ELMO)? Memecoins with Deflationary Mechanism

Bittime - ELMOERC (ELMO) is a memecoin launched in January 2023 on Binance Smart Chain. Combining meme trends with utility and transparency, ELMO caught the attention of the crypto community with its adorable mascot and innovative token mechanism.

What is ELMOERC (ELMO)?

ELMOERC is a deflationary memecoin that aims to create an ecosystem that combines humor, art and finance. This platform provides various features to its users, including:

• NFT Marketplace: Users can buy and sell NFTs on a decentralized marketplace.
• Staking: Users can stake their ELMO tokens to earn rewards and rewards.
• ELMOERC Merch: Users can purchase ELMOERC merchandise.

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ELMOERC (ELMO) Key Products & Features

• ELMO NFT Marketplace: Buy and sell NFT memes on a decentralized marketplace.
• ELMO Staking: Earn ELMO rewards by staking your tokens.
• ELMO Merch: ELMOERC Merchandise

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What is ELMO?

ELMO is an ERC-20 token used for various functions on the ELMOERC platform, including:

• Payment: Users can use ELMO to buy and sell memes on the marketplace.
• Staking: Users can stake ELMO to earn rewards and rewards.

Tokenomics ELMO Token

• Total Supply: 324,833,839 ELMO
• Circulating Supply: 248.876.967 ELMO
• Market Cap: IDR 14,418,733,511

Data based on CoinMarketCap as of March 5, 2024.

ELMOERC (ELMO) Fundamental Analysis

• Community: ELMOERC has an active and fast-growing community on social media, with more than 80,000 followers on Twitter and Telegram.
• Development: The ELMOERC team is actively developing the platform and adding new features.
• Security: ELMOERC smart contracts have been audited by BlockSAFU, a renowned blockchain security company.

Comparison of ELMOERC (ELMO) & Competitors:

Founder & Team ELMOERC (ELMO)

The ELMOERC team consists of experienced blockchain developers who are passionate about memes and internet culture. The team chose to remain anonymous to focus on platform development.

Expert Opinion About ELMOERC (ELMO)

Although ELMOERC is a relatively new project, some experts believe that the platform has the potential to grow rapidly. Experts praise ELMOERC's active community, innovative platform features, and team focus on development.

Conclusion

ELMOERC is a unique deflationary memecoin with a platform that offers various interesting features to its users. With an active community, experienced team, and focus on development, ELMOERC has the potential to become one of the most successful memecoins in the future.

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.