The formal launch of the KING KONG Token ($KONG) on the Binance Sensible Chain (BSC) was announced in a press release on May 17. The brand-new cryptocurrency built on memes is poised to revolutionize the industry thanks to its unique features and commitment to openness and security.
According to Bloomberg, KING KONG wants to establish itself as a notable player in the Metaverse, Net 3.0 gaming, and decentralized financial system. The project, which takes inspiration from the fabled social icon monkey, aims to replace Doge as the new meme king by emulating popular meme icons like Shib, Floki, and Pepe.
Additionally, the team doesn’t manage the token and doesn’t possess any tokens during the itemizing process. For 450 days, liquidity is locked to provide stability. To further promote openness, Pinksale has vetted the project.
A total of 500,000,000,000 KING KONG tokens are available, along with a distribution strategy that includes a pre-sale, liquidity, CEX listings, staking-farm rewards, airdrops, and an ecosystem fund. A 0% tax is also mentioned in the news release for buying and selling KING KONG tokens.
According to CoinMarketCap, the coin now has a market capitalization of $54,414 with a 24-hour volume of $118,320 and a value of $0.00000011.
