The Block • Sep 27, 23
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The correlation between bitcoin and equities will continue to diverge over the coming months due to the Fed's continued monetary tightening.
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4.3
DogeBonk is not supported by Coinbase.
Market cap
$1.1M
Volume (24h)
$145.81
Circulating supply
583.0T DOBO
All time high
$0.00000020
Price change (1h)
-0.07%
Price change (24h)
+1.38%
Price change (7d)
+0.28%
Coinbase users can earn up to $400 on average just by taking advantage of our rewards. Get started now.
Sum of median estimated savings and rewards earned, per user in 2021 across multiple Coinbase programs (excluding sweepstakes). This amount includes fee waivers from Coinbase One (excluding the subscription cost), rewards from Coinbase Card, and staking rewards.
The price of DogeBonk has risen by 0.28% in the past 7 days. The price increased by 1.38% in the last 24 hours. In just the past hour, the price shrunk by 0.07%. The current price is $0.0000000019 per DOBO. DogeBonk is 99.06% below the all time high of $0.00000020.
The current circulating supply is 582,959,739,166,037 DOBO.
Average ratings from the community
4.3 out of 5
67 ratings
Community
4.4
(23)
Roadmap
4.3
(23)
Usefulness
4.2
(21)
This content is for informational purposes only.
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Dogebonk is a community-oriented decentralized finance (DeFi) project built on the Binance Smart Chain (BSC). Binance Smart Chain is a blockchain network designed to run smart contract–based applications. Also, the Dogebonk platform combines memes with utility. Meme tokens are cryptocurrencies inspired by memes or jokes on the internet.
As per the whitepaper, Dogebonk is a memetic concept of deriving value in the form of a $DOBO token (the native token of the platform). DOBO is entirely a community-driven public token created to give value to its users. The project rewards all its token holders to meme their tokens into the collective consciousness.
Furthermore, Dogebonk has a collection of memes created by the community members on its website. Also, the platform allows for simple JPEG edits of already-existing memes. The community is continuously engaged in designing new memes on the platform and marketing the project.
Dogebonk is an automatic liquidity-providing protocol that offers static rewards to token holders. The concept of static rewards aims to solve the problems associated with mining rewards, where early adopters generally have more tokens than new traders. They only tend to earn the staking rewards because of more tokens.
Moreover, the reward amount in the static reward system depends upon the volume of tokens traded. The main goal is to minimize downward sell pressure put on the token by the early adopters when they sell their tokens. This is done to incentivize the holding of tokens and discourage swing trading.
The platform employs two simple functions to pay rewards to the users. The two functions are reflection and liquidity pool acquisition. The reflection feature encourages users to hold the tokens to earn high rewards based on the total number of tokens owned.
On the other hand, liquidity pool acquisition is the feature that offers long-term stability on the platform. This is done by charging an amount as tax for trading tokens. For each transaction on the platform, the smart contract charges a 10% fee. The fee acts as a resistance mechanism and secures the volume of native tokens as a reward for the holders. The fee is split in two ways. 5% is redistributed among the existing token holders and reflected as static rewards in their accounts to encourage continuous holding. The remaining 5% is added to the liquidity pool to reduce volatility over time. As the liquidity pool increases, it strengthens the token's price stability.
Hence, static rewards help mainly in two ways: they enrich the token holders and reduce the supply of tokens to maintain their value.
The liquidity pools at Dogebonk are permanently locked and are not available for the developers. This was done by sending all LP tokens to the burn address. The pool only remains intact to provide liquidity on the platform. Moreover, the team renounced ownership of the contract to prevent manipulation of the tax fees on the Dogebonk platform.
DOBO is a deflationary token. Deflationary tokens reduce in supply with time. The team intentionally participates in activities that reduce the token's supply. The most common way to do that is by coin burning. Cryptocurrency burning is when a fraction of tokens are sent to a wallet with no private key. This means the tokens are lost forever. Tokens are usually burned to reduce availability and increase the token's market value.
After an initial burning of 30% of the tokens, the current burn wallet at Dogebonk is still burning small amounts of DOBO tokens. This mechanism gradually increases the value of tokens held by the users.
To get DOBO tokens, users need to connect a BSC wallet and swap BNB tokens for DOBO. Traders can also get DOBO tokens by connecting their Trust wallet or MetaMask wallet.
Solidity Finance audited Dogebonk's smart contracts on November 8, 2021.
A group of strangers initiated the project on the internet. The contract had a fair launch with no presale.
No information is available regarding the creation of new tokens.
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Conversion Table
DOBO/USD (United States Dollar)
$0.0000000019
DOBO/CAD (Canadian Dollar)
CA$0.0000000026
DOBO/GBP (British Pound)
£0.0000000016
DOBO/JPY (Japanese Yen)
¥0.00000029
DOBO/INR (Indian Rupee)
₹0.00000016
DOBO/BRL (Real)
R$0.0000000096
DOBO/EUR (Euro)
€0.0000000018
DOBO/NGN (Nigerian Naira)
NGN 0.00000149
DOBO/KRW (South Korean Won)
₩0.00000258
DOBO/SGD (Singapore Dollar)
S$0.0000000026
The Block • Sep 27, 23
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The Block • Sep 27, 23
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We update our DogeBonk to USD currency in real-time. Get the live price of DogeBonk on Coinbase.
The current market cap of DogeBonk is $1.11M. A high market cap implies that the asset is highly valued by the market.
The all-time high of DogeBonk is $0.00000020. This all-time high is highest price paid for DogeBonk since it was launched.
Over the last 24 hours, the trading volume of DogeBonk is $145.81.
Assets that have a similar market cap to DogeBonk include Idle, Polylastic, FEAR, and many others. To see a full list, see our comparable market cap assets.
The current circulating supply of DogeBonk is 583 trillion.
No, DogeBonk is not currently available on Coinbase, but you can sign up to get the latest news on DogeBonk and be notified when it gets added to our exchange.
Certain content has been prepared by third parties not affiliated with Coinbase Inc. or any of its affiliates and Coinbase is not responsible for such content. Coinbase is not liable for any errors or delays in content, or for any actions taken in reliance on any content. Information is provided for informational purposes only and is not investment advice. This is not a recommendation to buy or sell a particular digital asset or to employ a particular investment strategy. Coinbase makes no representation on the accuracy, suitability, or validity of any information provided or for a particular asset. Prices shown are for illustrative purposes only. Actual cryptocurrency prices and associated stats may vary. Data presented may reflect assets traded on Coinbase’s exchange and select other cryptocurrency exchanges.