What Is Himalayan Cat Coin (HIMA)?
Himalayan Cat Coin (HIMA) is a meme coin aimed to be owned and governed by the community. A meme coin is a cryptocurrency generally associated with a theme, often created as a joke, just the same as a meme. As per its whitepaper, the inspiration to launch this token was brought from the fandom and love that #Dogcoins like Samoyedcoin (SAMO) are getting. Cats are equally lovable fun and deserve a share in the spotlight. Henceforth, the HIMA coin was created by a fan-based community.
The HIMA token is one of the biggest cat meme coins of the Solana ecosystem. HIMA seeks to act as a pathway to the Solana network through a community of entertainment, fun, and utility.
Furthermore, Himalayan Cat Coin has a significant role in the Solana blockchain'simproved speed, scalability, and efficiency. This network does not charge exorbitant gas fees while offering instant process time and smooth functionality. Gas fees are payments made by users for using the computing energy required to validate transactions on a blockchain. The platform also plans to offer an NFT collection, games, and utility value to the token holders and the Solana platform. Besides, the token is aiming to release its NFTs and collaborate in the ratio of 1:1 with existing NFT projects.
The currency seeks to burn 500 million HIMA tokens on the 9th of every month for nine months. Coin burning is the process of eliminating tokens from circulation by sending them to a wallet that can never be used for any transactions. The platform also offers $HIMA coins as bounties to token holders for spreading these tokens on social media platforms.
History of Himalayan Cat Coin (HIMA)
Himalayan Cat Coin has a maximum supply of 10 billion HIMA coins. In November 2021, these digital coins were distributed to the members who merged with the Discord community in the initial 24 hours.