LongMoon
Long Moon is a hyper-deflationary token, which rewards investors for holding tokens, while also incorporating the Buyback approach currently present in the stock market. LongMoon is the first cryptocurrency ever to include automatic Buyback. If a stock has low value and the potential to perform better in the future, companies will often announce a buyback of the stock in the open market, Once companies announce the buyback, investors gain more confidence to purchase and hold. Additionally - the demand increases which ultimately will drive the price up. At LongMoon, we chose to apply the Buyback concept to cryptocurrency, and make our token more attractive to hold. LongMoon collects a 6% buyback tax on each transaction, which is stored inside the contract. Whenever a sell occurs, a fraction of the buyback amount is used to automatically purchase tokens from the liquidity pool. Those tokens are immediately burned after purchase. WHAT’S SO GREAT ABOUT T...