LunaDoge Price (LOGE)

Price of LunaDoge (LOGE) Today

The live price of LunaDoge (LOGE) today is 0 USD. It has a current market cap of $ 0.00 USD. LOGE to USD price is updated in real-time.
Key LunaDoge Market Performance:
- 24-hour trading volume is $ 0.00 USD
- LunaDoge price change within the day is 0.00%
- It has a circulating supply of 0.00 USD

Get real-time price updates of the LOGE to USD price on MEXC. Stay informed with the latest data and market analysis. It is essential for making smart trading decisions in the fast-paced cryptocurrency market. MEXC is your go-to platform for accurate LOGE price information.

LunaDoge (LOGE) Price Performance in USD

During today, the price change of LunaDoge to USD was $ 0.0.
In the past 30 days, the price change of LunaDoge to USD was $ 0.
In the past 60 days, the price change of LunaDoge to USD was $ 0.
In the past 90 days, the price change of LunaDoge to USD was $ 0.

LunaDoge (LOGE) Price Analysis

Discover the latest price analysis of LunaDoge: 24h Low & High, ATH and daily changes:

LunaDoge (LOGE) Market Information

Dive into the market statistics: market cap, 24h volume, and supply:

What is LunaDoge (LOGE)

LunaDoge is a DeFi meme token inspired by Dogecoin and reflect.finance. Two functions occur during each trade: static rewards and automatic liquidity pool (""LP"") acquisition via transaction taxes. A 5% tax is applied to every trade for static rewards and a 5% tax is applied to every trade for automatic LP acquisition. Static rewards are used to solve problems related to impermanent loss. The reward amount is conditional upon the volume of the token being traded. This mechanism aims to alleviate some of the downward sell pressure put on the token. Furthermore, the mechanism encourages holders to hold onto their tokens to obtain rewards from every LOGE transaction. The static rewards are proportionally shared over all LOGE holders and dependent on the total tokens held. Automatic LP acquisition is a function of the contract that is beneficial for holders as the LunaDoge contract applies a 5% tax to every transaction of which half is sold to BNB (the asset paired with LOGE in the liquidity pool) and then the equal share of BNB and LOGE is added to the LP, creating an ever-increasing floor for the liquidity pool. As the liquidity pool increases, the price stability increases as well. The purpose of the automatic LP acquisition is to prevent big price swings when top holders sell or new investors want to enter the tokens without having to worry too much about slippage. The automatic LP acquisition creates a long-term benefit for the token and solves the prior issues related to static rewards, where rewarding holders was only beneficial in the short-term.

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