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MongooseCoin

MONGOOSE

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About MongooseCoin

Mongoose Coin is a decentralized cryptocurrency backed by a community of enthusiasts. The platform promotes consistent open communication and believes that building professional success comes from trust, transparency, and community.

Mongoose Coin is an ERC-20 token on the Ethereum blockchain that aims to be an automatic liquidity-providing protocol that pays out static rewards to its holders. All transactions involving a non-excluded address are subjected to a 1% tax fee and a 12% liquidity fee on the token. Consequently, the tokens collected from tax fees are taken out of circulation, serving as a frictionless fee for redistribution that automatically benefits all token holders after each transaction.

The tokens collected from the liquidity fee are stored in the contract address and are balanced out during transfers. Further, the tokens are used to swap funds once the Uniswap liquidity reaches the threshold of 690 quintillion tokens. This liquidity added on Uniswap is funded by selling some of the tokens collected as fees and then pairing the ETH with the token, adding that as liquidity to the pair carried out using the tokens. In the contract, the pending ETH is sent to the marketing wallet once the pairing is completed.

According to the website, the token distribution in the ecosystem is as follows: 1% to REFLECTION MONGOOSE, a token that generates passive income. 6% LIQUIDITY goes directly to the liquidity pool to strengthen the project's price floor forever. The liquidity tokens are then transferred to the burn address of the project to remove the token from supply. The term burn address signifies an inaccessible wallet where tokens are sent to permanently remove them from supply to stabilize the price of the token. Further, 6% of the tokens is allocated to marketing and development after each transaction to further market the project. 

The core team of the Mongoose Coin platform is headed by Will (technical lead) and Rob (developer) of the organization. The MONGOOSE Coin has a total supply of 69 sextillions tokens. 

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Singapore News about MongooseCoin

Unchained • May 06, 24

Bitcoin Has Processed One Billion Transactions

The Bitcoin network has hit a new milestone as the number of transactions processed on the blockchain exceeded one billion on Sunday. Data from Clark Moody’s dashboard shows that total all-time transactions now stands at over 1,000,140,825, while mempool data shows that the billionth transaction ...

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BeInCrypto • May 06, 24

Crypto Funding Surges to $3.67 Billion in 2024: What are Key Trends?

In 2024, crypto funding soared to $3.67 billion across 604 rounds, with early-stage ventures capturing significant interest and blockchain infrastructure leading sector-specific investments.The post Crypto Funding Surges to $3.67 Billion in 2024: What are Key Trends? appeared first on BeInCrypto.

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CoinDesk • May 05, 24

Protocol Village: Volta, Creator of Multisig Non-Custodial Platform, Raises $4.1M

The latest in blockchain tech upgrades, funding announcements and deals. For the period of May 2-8.

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BeInCrypto • May 05, 24

Crypto Whale Buys $10.4 Million in Meme Coin PEPE

A crypto whale has made a massive investment in Pepe tokens, purchasing $10.4 million worth, highlighting PEPE's growing market appeal and the increasing acceptance of niche cryptocurrencies.The post Crypto Whale Buys $10.4 Million in Meme Coin PEPE appeared first on BeInCrypto.

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The Block • May 05, 24

Bitcoin surpasses one billion transactions processed, eight hundred weeks after launch

Eight hundred weeks and one day after Bitcoin launched on January 3, 2009, with the minting of its genesis block, the world’s most valuable cryptocurrency has surpassed one billion processed transactions.  The milestone comes at an especially exciting time for the cryptocurrency, which has seen h...

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The Block • May 05, 24

Ethereum stablecoin volume shattered its monthly record in April, thanks to DAI

Flash loans using DAI appear to have pushed Ethereum stablecoin volumes to their highest monthly levels seen yet.

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MongooseCoin is on the rise this week.

The price of MongooseCoin has increased by 100.00% in the last hour and increased by 100.00% in the past 24 hours. MongooseCoin’s price has also risen by 100.00% in the past week.

FAQ

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