4.4 C
Manchester
April 20, 2024
BTC Hunts
Image default
Blockchain

Hectic Turkey Emerges as a Fresh Contender in the Memecoin Landscape

Hectic Labs is thrilled to unveil Hectic Turkey, a novel cryptocurrency powered by the Binance Smart Chain. As a memecoin, Hectic Turkey blends humor and community engagement with the functionalities typical of decentralized finance (DeFi). This debut signifies Hectic Labs’ foray into the swiftly evolving digital currency arena.

A standout feature of Hectic Turkey is its automated buy-back and burn mechanism. Here’s how it works: 1.5% of each transaction gets converted into Binance Coin ($BNB), contributing to the Hectic Automatic Buy-Back (HABB) contract. Once the HABB amasses 5 $BNB, it triggers an automatic buy-back of $HECT tokens, which are then sent to a null address. This process is designed to influence the token’s scarcity and overall market dynamics.

In terms of token distribution, Hectic Turkey boasts a total supply of 8.8 trillion $HECT. The allocation plan earmarks 45% of the total supply for both PancakeSwap liquidity and the presale phase. Moreover, the project has locked 100% of the initial liquidity for a period of 24 months, a strategic move aimed at ensuring stability and long-term viability.

The public presale of $HECT is currently underway on Pinksale, offering an initial rate of 2,378,400,000 HECT per 1 BNB. This presale phase is integral to attracting early adopters of the token and fostering community engagement.

Hectic Turkey’s development roadmap outlines several key milestones. These include the token’s initial launch on PancakeSwap, endeavors to secure listings on prominent cryptocurrency ranking platforms like CoinGecko and CoinMarketCap, and plans to expand its presence across various social media platforms and centralized exchanges (CEX). The roadmap provides a comprehensive overview of the project’s intended trajectory and growth phases.

Setting itself apart in the memecoin sphere through unique branding and a thematic approach, the project focuses on cultivating a community-oriented ecosystem around its token.

For those seeking further information about the Hectic Turkey token, including its features and broader vision, Hectic Labs’ website serves as a valuable resource. Additionally, the whitepaper, offering detailed insights into tokenomics and strategic planning, is accessible at https://hecticturkey.com/wp-content/uploads/whitepaper.pdf.

To stay connected and engaged, the project maintains a presence on Discord and Twitter, providing regular updates and fostering community interaction.

About Hectic Labs

Headquartered in Gold Coast, QLD, Australia, Hectic Labs specializes in blockchain technology and DeFi solutions. Committed to innovation in the digital currency realm, Hectic Labs aims to develop and promote products leveraging blockchain technology. Hectic Turkey, its latest venture, marks an entry into the memecoin market, characterized by a unique theme and a community-centric approach.

Visit our website: https://hecticturkey.com/

Related posts

Hong Kong to issue crypto exchange licenses and allow retail investors to trade coins

Leslie Kim

PayPal introduces PYUSD, its own US dollar-backed stablecoin

Leslie Kim

Tel-Aviv Stock Exchange proposes crypto trading regulation

Leslie Kim