Duke Inu Token (DUKE) is a decentralized meme token to incentivize the cryptocurrency community. A meme token is a cryptocurrency based on a meme, created as a joke in much the same way as a meme. The project’s name is Duke Inu which seeks to become a community-driven project to increase cryptocurrency adoptions with the native Duke Inu token.

Existing meme tokens fail to provide an instant reward for holders as per the website. DUKE aims to be the meme token offering instant rewards for holders. The rewards work in a way that for every transaction in DUKE's network, 1% out of 2.5% gets distributed among token holders, which means users seek to make more by holding DUKE in their wallets. A fractional 0.5% of the transaction goes to the developers for development.

Furthermore, the token seeks to offer two products for holders to acquire Duke tokens.

DUKE is developed and supported by FastSwap. FastSwap is a decentralized protocol for providing liquidity automatically on Ethereum and Binance Smart Chain (BSC). (BSC) is a blockchain network built for running smart contract-based applications.

As per the website, a way to increase crypto adoption is to incentivize users who add value to the crypto community; that is the purpose of Duke Inu.

History of Duke Inu Token (DUKE)

The DUKE token has a maximum total supply of 1,000,000,000,000 DUKE tokens. As per the website, 50% of the token adds liquidity on PancakeSwap and FastSwap at 25% each. PancakeSwap is a decentralized exchange on Binance Smart Chain.