Introduction
Noble Degen Is A Memetoken Created With The Aim Of Growing A Successful Financial Ecosystem For Everyone. All Successful Cryptocurrency Have A Sustainable Economy Based On Strong Fundamentals Of Utility, Scarcity And Community Power. Degen Is Deflationary, With A Stablecoin Economy And Strong Community Which Will Ensure Its Sustainability.
Degen also has an innovative reward system where the community is rewarded for staking and participating in the ecosystem. This creates an incentive for users to stay and grow the Degen network, creating a sustainable and successful ecosystem.
Vision and Idea
The Idea Behind Degen is the inability of noob retail traders to achieve their financial goals because of poor investment decisions in the crypto space. This token is not just a pump and dump but aimed at removing the gambling mindset of the average trader and helping to realise their true potential financial capacity by preserving their capital and helping them develop a rich mindset towards money. For instance, Degen provides strategies on how to properly manage trading risks, and also educates users about the importance of diversifying their portfolios and not investing too much of their capital in one coin or token.
Noble Degen will help remove the pressure of looking for quick gains from the market by encouraging a strong financial base for its investors which will bring about a steady price rise in the token.
Overall Tokenomics
Noble Degen will have a genesis pool with a primary stablecoin which acts as a hedge protecting its volatile side. The stablecoin will have stake functionality built in to allow users to stake their token and earn interest yearly. The stablecoin will have a low volatility and will be regularly monitored to ensure its stability in the market. It will also be backed by a reserve of USDT so that if the price of the token falls below the pegged value, the reserve of USDT will be used to maintain the stability of the token.
Summary
In summary Noble Degen will help the average trader develop a wealthy mindset, ensure a steady rise in price for its investors and act as a store of value with its deflationary mechanism.
Links
Official Site: https://degenplstoken.github.io/
Presale Address: https://dx.app/dxsaleview?saleID=10&chain=PulseChain
Twitter: https://twitter.com/DegenPLSToken
Telegram: https://t.me/degenplstoken