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Chihuahua ($HUAHUA) - The Cosmos Meme Coin up 100+% and Continues To Rise - Burning - ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ 500 Mil. HUAHUA tokens daily..

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gungunkrishu
@gungunkrishu
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Hey All,

Some of the famous Meme coins that we know are $DOGE:$0.08, $SHIB - there is one more that is recently gaining attention which is - Chihuahua ($HUAHUA) - The Cosmos Meme Coin. Today this meme coin is up more than 100+% and since last three days continues to be on an upward trend.

Burning - ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ ๐Ÿ”ฅ 500 Mil. HUAHUA tokens daily

The main reason associated to this rise, I guess is tied to the burn of 500 Mil HUAHUA tokens daily. There was a proposal made to burn to 40 Bil. HUAHUA unclaimed AirDrop tokens. This got approved in pahsed manner and right now the phase 1 is running; that will continue to Burn 500 Mil HUAHUA tokens daily.

Phase 1 (this proposal) is asking the community to burn 15B HUAHUA in a 30 days period (with a Burning Rate of 500M HUAHUA per day) using our Burning Smart Contract.

Accept it or not; the meme coins gains attention in this fashion only. May it be a high profile person giving their views on the token or supporting them - makes these meme coins rise exponentially. Or in the case of Chihuahua ($HUAHUA) - The Cosmos Meme Coin the burn mechanism did the magic.

I did ape into buying $100+ worth of $HUAHUA tokens before this rise started and this had got me close to 3+ Mil tokens. Which as you can see that I had staked it on the chihuahua.omniflix.co platform and am receiving quite a good amount of HUAHUA tokens daily. The intention here was just to try a new meme coin and leverage some of my earning from the EVMOS rewards.

To be honest, I didn't put in these $100 from my savings. It was just a hit and trail and to explore things about this HUAHUA meme token. I just staked all the coins that I got and left it there. Now you see that $100+ becoming $700+.. But I cannot sell them right away as its staked. I was not looking for some immediate gains and the plan was to buy in cheap, stake it and forget it.

Please, note I am not recommending any Buy here. Just sharing my experience with HUAHUA token. DYOR before buying in this - Chihuahua ($HUAHUA) - The Cosmos Meme Coin

Image Courtesy:: chihuahua.omniflix.co, coinmarketcap, app.osmosis.zone, mintscan.io

Best Regards

Posted Using LeoFinance Beta