Disclaimer: The following article is a work of satire, written for entertainment purposes alone. Nothing in this piece should be taken as fact or investment advice. All tweets were artificially generated online.
A new meme coin is barking its way up CoinMarketCap’s rankings while pulling along a devoted horde of fans, believers, and investors with it. Move aside Dogecoin, Shiba Inu, and Floki! Now, Inu Doge Goodboi Ape Floki [IDGAF] is here and ready to take you to the moon.
It all started on 10 March when world-renowned space polluter Elon Musk tweeted a picture of a fancy looking hotdog, with a cryptic caption.
Source: Tweetgen.com
Well, that was all it took to unleash hell as thousands of investors raced to the exchanges to panic sell their FLOKI tokens. Meanwhile, DOGE and SHIB also recorded losses of 5.78% and 13.54%, respectively, over 24 hours.
However, one crypto that stayed stubbornly green was Inu Doge Goodboi Ape Floki [IDGAF]. The BEP-20 token dominated CoinMarketCap’s top gainers’ list after it rallied by 34359502% on 12 March.
By the close of the 12th, IDGAF was trading at $0.0000000000000028 and had a total supply of ten quadrillion. According to the project’s whitepaper – written in broken English and and typed in Comic Sans with florescent orange letters – IDGAF aims to “spread pawsitivity and monke mischif through the crypto cumunity and rech a market cap of $100 billion.”
The tokenomics of IDGAF are worth noting here. Since it is a rebase asset, the number of tokens in an investor’s wallet reduces automatically on the basis of whether or not the market that day was a “goodboi” or not. This is to maintain scarcity, obviously.
The founding team includes the highly experienced DeFi power player Dr. John Smith,
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