What is Volt Inu V2 Token?
The cryptos in the markets continue to carry their own features and tokenomics. Some have a fixed supply similar to Bitcoin but the total supply is not capped for some. Volt Inu V2 is a highly deflationary token built on the Ethereum chain. It keeps on growing using multiple deflationary techniques and additional revenue generation. The main aim of the token is to offer a one-stop DeFi product and drive the profits back to the native token to support the deflationary purpose.
The token is invested in multiple platforms like NFTs, nodes, altcoins, staking and farming stablecoin, etc. As Volt is a deflationary asset, the incurred profit on treasury investment is used to buy back the VOLT tokens and burn them. Recently, a proposal for burning 45 trillion VOLT tokens worth over $75 million on a BNB Chain-to-Ethereum bridge was passed.
Initially launched on the Ethereum chain, 100% of its supply was allocated to Uniswap liquidity. The burning mechanism was introduced to protect the chain against bridge attacks along with improving token value for holders.
|Launch Date||December 2021|
|Blockchain Protocol||Ethereum & BSC|
|Market Cap||$86.25 million|
|Token Type||ERC-20, BEP-20 & native|
|Circulating Supply||54.76 trillion|
|Max Supply||69 trillion|
How Does Volt Inu V2 Work?
Volt INU works on both Ethereum and Binance Smart Chain, but in a different manner. The users who offer liquidity on the Ethereum network are eligible to get a 1% reward for adding VOLT to their wallets and 2% for providing liquidity. Nearly 2%of tokens are burnt automatically for the same transactions while 4% are allocated for marketing and development and 4% are returned to treasury and contribute to the burning mechanism by repurchasing the tokens.
Besides, on Binance Smart Chain, the reward for adding VOLT to their wallet is 1%. Nearly 2% of liquidity is allocated for the transfer and burns mechanism and 4% of the tokens are automatically burned. Meanwhile, 4% of the tokens are assigned for marketing & development and the same share goes back to the treasury.
What Makes Volt Inu V2 Unique-Uses Cases?
- VOLT token is designed to generate passive income for all the holders through NFT fractionalization and node acquisition. This aims to allow constant revenue generation which is driven back to the token.
- A rank & reward system is implemented where-in the holders can burn the tokens by completing the weekly tasks assigned to increase the exposure of VOLT and eligible for bonuses
- The Volt ecosystem connects with multiple NFT systems and may implement mechanisms that bind the token and the NFT projects.
- Volts’ 2D Racer, a browser-based online game offers rewards in form of VOLT tokens by playing online games and play-to-earn projects, based on the merit of their position of leaderboards
Volt Inu V2 Price Analysis
- The VOLT price witnessed a fresh rejection after surging high to test the interim resistance zone around $0.0000018
- The bulls, however, are trying to prevent the price from dropping below the support levels of the ascending triangle and hence triggered a rebound from the 200-day MA in the short-term (4hr)
- The selling volume has piled up while the RSI is plunging down which may compel the price to slice through the 200-day MA levels and reach the support. An extended bearish action may even drop the price below the support zone but may certainly not reach the next support zone at $0.0000012371
- As the market appears to have slid below the bearish influence, the price may maintain a consolidated trend along the support for a while and once the bearish clouds perish, a decent upswing may be triggered
|Volt Inu V2 Price Today||$0.000001575|
|Price Change <Yearly>||NA|
|Market Rank (as per CMC)||262|
|Market Cap||$86.17 million|
|Fully Diluted Market Cap||$108.57 million|
How to Buy Volt Inu V2 in India?
To buy Volt Inu V2 token in India, just follow the below-mentioned steps:
- Download the CoinDCX Pro App on your Smartphone
- Enter the details required for registration
- Complete KYC
- After your profile is verified, fund your wallet and buy a Volt Inu V2 token.
Please Note: The VOLT token is being listed on the CoinDCX Pro app.
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