Crypxit

CRX

Binance Smart Chain:

0x5a781cda55ed80ebfe84976e77ddc7c46dcb7f50

  • Arken Finance

  • Embed

Price

5.08%

$0.00004186608529

Market Cap

$19,736.14582

Launch Date

May 6, 2021

The main idea behind crypxit is to provide a decentralized transaction network which operates on the Binance smart chain (BSC). Crypxit is a deflationary token with a moderate circulating supply of 500 million tokens. On each transaction, a tax of 4% will be distributed to the holders, 4% will be added to liquidity and a further 2% will be burnt, hence incentivizing holders to hodl and decreasing the supply overtime. As the supply decreases, the scarcity of the token increases. This inversely-proportional relationship constitutes a supply and demand model. Furthermore, there is no limit as to how many tokens can be burnt.

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