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Mamy Shiba is the name of the mother of the dog token Shiba Inu. She had gone missing for quite a while. In order to reunite with her beloved child Shiba Inu, she must navigate her way through various perilous dangers with full strength from her heart, and extra power gained because of the natural love of a mother.
By simply keeping Mamy Shiba coins in their wallets, all Mamy Shiba holders will earn high quantities of Mamy Shiba coins as interest, which will be automatically sent to their wallets as additional Mamy Shiba coins. Every day, the amount of Mamy Shiba in the wallets of the holders will increase because all of the holders automatically receive a share from the 2% fee from every buy transaction and a 7% fee from every sell transaction that occurs on the Mamy Shiba network. The community receives the Mamy Shiba coins as a result of the fees generated by each transaction. The project team collects all the fees, forms a total pool and then distributes according to the shares. This share is decided based on the amount of Mamy Shiba coins being held by the Holder. The more coins you hold, the higher will be your share. Thus, you will receive more coins as a reward.
Tokenomics
The total supply of Mamy Shiba Inu coin, that is, MamySHIBA is 1 Quadrillion Coins = 1,000,000 Billion MamySHIBA coins. The division has been decided in the following manner:
- 45% – Used for providing liquidity and participating in activities like Locking of Coins for 1 year
- 48% – Total amount of MamySHIBA coins to be burnt. 5% of the total supply has already been burnt. This leaves 43% for future burn events
- 4% – Marketing is very important to help grow a project. 5% of the total supply is decided to be used for marketing purposes
- 1% – This is allocated to help make the world a better place. 1% of the total supply will be used for donation purposes
- 2% – To create hype and attract initial holders, Airdrops events are a must. 2% of the total supply has been kept for these airdrop events that will take place from time to time
There is no clause of having any type of Pre Sale events.
Also, a huge and very important point to note is that the development team will not hold any number of tokens. This will help avoid any exploits in future.
For interest or dividend to be sent out to the holders, 2% fees on buy transaction and 7% fees on-sell transaction would be charged, which would then be distributed among the holders in the ratio depending on the number of coins they hold
Buyback Mechanism
MamySHIBA will be using a big boost buyback mechanism called ShibaBoost Protocol. This protocol has been specially engineered to provide an exceptional and automated system for the buyback of MamySHIBA. This is both effective and accommodating for all the holders. The amount of money that MamySHIBA will buy back will vary depending on the volume of transactions that are taking place at any given time. This will be an ongoing process that will never stop. This system eliminates the need for us to manually adjust buybacks on a consistent basis, allowing it to maintain a smooth process even when the developers are sleeping or engaged in other activities. Thus, it will all happen automatically. As per what is decided, 6% of the buy tax and 7% of the selling tax will go to the ShibaBoost Protocol.
Level of Holders based on their Holding
- Beginner
- Minimum holding – 1,000,000 MamySHIBA
- Rewards –
- Some Reflections
- Little long term gains
- Satisfaction
- A proud holder
- Novice
- Minimum holding – 1,000,000,000 MamySHIBA
- Rewards –
- Lots of Reflections
- Acceptable for long term
- Major Satisfaction
- A very proud holder
- Pro
- Minimum holding – 1,000,000,000,000 MamySHIBA
- Rewards –
- Insane Reflections
- Passive Income
- Unimaginable joy
- Lifer
Roadmap
- MamyShiba is Born – Completed
- Website launch – Completed
- Whitepaper Release
- Influencer marketing push
- Meme contests
- Listing on Coingecko
- Listing on Coinmarketcap
- $100M of market cap achieved
- +40k members in Telegram group
- +10k followers in Twitter – Completed
- Techrate audit
- Partnership with influencer Youtube, Twitter, & Tiktok
- MamyShiba Dashboard (earnings tracking)
- MamyShiba AR gaming app
- MamyShibaSwap
- MamyShiba Merch Shop
- Building NFT Platform
- Marketing: MamyShiba goes to mainstream
Can you achieve Financial Freedom with Meme tokens?
Meme tokens gained recognition mainly during the bull cycle of 2021 when Elon Musk, the CEO of Tesla and SpaceX, started shilling the meme currency Dogecoin. The coin that started as a mere joke rose to the levels which no one had expected. Elon's aggressive promotion also helped Dogecoin get listed on various large crypto exchange platforms and eventually reach in Top 10 cryptocurrencies by market cap. Many people got enormous gains from Dogecoin, while others kept trading because they caught FOMO.
The breed logo of Dogecoin displays a dog of a Japanese breed, Shiba Inu. Ryoshi played very cleverly and converted this to his advantage, and launched the token SHIB or Shiba Inu coin. Keeping the name of the coin as the breed of DogeCoin helped by getting automatic shilling from Elon Musk whenever he promoted Dogecoin. And the people who were already starting to have FOMO, due to lack of knowledge, started buying $SHIB. This pumped this new coin which had no use case but just shared some familiarity with Dogecoin. This marked a new wave in the crypto world where new meme tokens are born and killed daily. Most of them use a dog as their basis of creation and try to sound like they are related to Dogecoin.
This surely helps in the initial pump, and people can get hefty returns in small durations of time. But they get dumped with double speed as their hype fades away. Thus, it is precarious to invest in meme tokens, and one should only invest an amount that they can afford to lose. These meme tokens may help get instantaneous profits but are not suitable for long term holding like other fundamental based tokens. Thus, meme tokens can help you kickstart your journey towards financial freedom, but they won't help you along the way.
Connect with the project :
- Website: https://mamyshibainu.com/
- Price Charts on Poo Coin: MamySHIBA on Poo Coin
- Pancake Swap: MamySHIBA on PCS
- Twitter: https://twitter.com/MamyShibaInu
- Telegram: https://t.me/Mamyshibainuchannel
- Reddit: https://www.reddit.com/user/mamyshibainu
- Contract Address: 0x154eceb42679ac155eef18820de2be75699263a8
#DYOR before investing
