![]() It was listed on the BigONE Exchange on 16 April and, in the latest HOGE coin news on 14 August, said it will be listing on a top-five exchange, either Binance, Coinbase, Huobi Global, Kraken or Kucoin. It can also be swapped on platforms like Guardarian and ChangeNow.io. HOGE is listed on several exchanges, including Gate.io and WhiteBit. As the number of transactions increases, the HOGE coin value in each user’s holdings grows. The burn rate increases gradually as more tokens are burned, increasing the scarcity of the tokens circulating while distributing HOGE to users. Each time a HOGE transaction takes place, 2% is distributed and removed from the total supply. The burn was designed to balance the transactions at the start to redistribute 1% weighted to each wallet proportionally, and burn 1% of each transaction amount. ![]() The initial supply was set at one trillion tokens, with half burned permanently at launch. HOGE is a deflationary auto-staking token with a supply cap. Without a developer wallet, the community receives incentives to work together to meet its goals. There are an estimated 80–110 developers and contributors working on the project for free. Hoge Finance does not have a developer wallet built into the coin, nor does it have a revenue structure. HOGE token the first DeFi meme coins to complete a CertiK audit. This is the first step towards the HOGE DAO. In case you missed it, Hoge officially registered as HOGE Association in Switzerland, making it a flexible non-profit legal entity recognized in jurisdictions worldwide. It is billed as “a new DeFi crypto that focuses on memes, puppies & charity.” HOGE is an ERC-20 coin (a token regarded as the technical standard for all smart contracts built on the Ethereum blockchain and used for token implementation) and bridged to the Binance Smart Chain (BSC). Hoge Finance was launched on 7 February 2021 as a deflationary “ Doge but DeFi” – or, “Doge but without the problems” – cryptocurrency token. What is Hoge Finance and what's been driving the token's price? In this article, we look at the project’s latest developments and the volatile Hoge Finance (HOGE/USD) forecast for the years ahead. The community-driven crypto is a deflationary decentralised finance (DeFi) token that aims to push the price higher over time to reward holders. HOGE is the latest cryptocurrency to play on the popular Dogecoin meme. It is now sixth with a market capitalisation of around $48m in the league table of meme coins behind the likes of Shiba Inu and Dogecoin. Meme coins tend to driven by cultural issues or trends rather technical cases which can make forecasting even more challenging. On 28 October it hit a high of $0.0007. Today (11 January) it has lost another 15% and is at at $0.0001213 - that's 85% off its October peak. The HOGE team looks to it’s HogeGameLabs to explore dApp games development later in 2021.Meme coin HOGE, the cryptocurrency of Hoge Finance, had a stunning wax in October but has been on an agonising wane ever since. Under this and related initiatives HOGE has raised over $20,000 for animals. HOGE has implemented a non-profit partnership initiative including a Twitter campaign called #HogeSavesTheAnimals through which the community nominates charitable causes for HOGE to support. In May a Swiss verein non-profit DAO hybrid was created to enact community approved actions for the token also to sign contracts and business agreements going forward with Centralized Exchange’s. HOGE has begun minting NFT's for holders as well as sponsoring eSports and Rally Racing Trucks. As of this writing the skynet security score is 90. No critical, major, or medium findings were found. HOGE is one of the first DeFi memecoins to successfully complete a Certik audit. ![]() However, a team of HOGE founders with a larger vision stewarded the project toward a more philanthropic and utilitarian roadmap. HOGE launched with the intention of simply being a deflationary “Doge but DeFi”. The other 1% is redistributed to all wallets holding HOGE outside of exchanges. 1% of that tax is sent to the burn wallet and permanently removed from the supply. Initial HOGE supply was 1,000,000,000,000 with half (500 billion) permanently burned at launch.Ī 2% tax is levied on every HOGE transaction that takes place. HOGE was fair-launched on Februwith no tokens allocated to the team. HOGE, formerly known as Hoge.Finance or Hogecoin, describes itself as a community-driven DeFi auto-staking ERC-20 token with a capped and deflationary supply. ![]()
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