What is DogeBonk? DogeBonk (DOBO) is a Dogecoin inspired meme coin project built on the BNB Chain. In this article, as Kriptokoin.com, we answered questions such as what DogeBonk is, what it offers, what is DOBO, what it does, how to get it. Let’s take a look at this cryptocurrency whose price depends heavily on community support.
What is DogeBonk?
DogeBonk is one of the latest meme coin projects to enter the cryptocurrency market. Running on BNB Chain, this cryptocurrency is inspired by Dogecoin. So it was inspired by a dog-themed joke on the internet like the Shiba Inu and Floki Inu. Highly suspicious to most experts, these cryptocurrencies have extremely volatile price movements. That is, their values can change very quickly. However, DOBO has reflection, MemeTools and two crypto games. The meme coin, meanwhile, was released on May 3, 2021 and has a supply of 680 trillion.
What does DogeBonk offer?
DogeBonk is distinguished from other projects by its reflection and MemeTools features. This BNB Chain token rewards users with its reflection feature. Reflection is an issue that concerns the owners of the project’s native token, DOBO. Another notable feature of the project, MemeTools, is a data aggregator similar to CoinMarketCap or CoinGecko. However, this only focuses on meme coins unlike CMC and CG. This also has a premium feature that evaluates if a token is a scam. This feature is called “carpet checker”.
What is DOBO? What does it do?
The meme coin asset of the DogeBonk project is DOBO. DOBO was created using the BEP-20 smart contract on BNB Chain. So it is a Binance-based meme token. This token is a kind of reward token for investors who support the project. Accordingly, the platform charges 10% tax on users’ transactions. 5% of these tokens are reserved for distribution to DOBO holders. So this is what reflection means. The amount of DOBO earned from transaction fees increases in proportion to the amount of tokens held in the wallet.
However, DOBO is required to access some premium features. For MemeTools’ carpet checker tool, it is required to be premium. To access some such features of the tool, users must own at least 3 billion DOBOs. Those who keep 3 billion DOBO in their wallets can use the fraud monitoring tool. They also get a larger share of reflection rewards. The community is working on sending the meme coin to the moon. So much so that they received the 2022 meme award on Reddit.
What is DogeBonk? How to take DOBO?
DogeBonk is currently traded on a small number of exchanges, including PancakeSwap. Interested investors must access and become a member of these exchanges. Investors can then purchase the token by depositing an asset in their wallet according to DOBO trading pairs.