What Is Recession Coin (ECON)?
Recession Coin focuses on building a strong community and providing accurate educational content to their investors by hosting AMAs with professional traders and financial analysts. The team aims to provide in-depth knowledge of the current economy, optimized strategies for building a strong portfolio and insights on how to invest wisely during this crisis. Crafting unique utility along the way, such as NFTs and social media educational channels, will also allow ECON to stand out and grow.
ECON Price Live Data
The live Recession Coin price today is $0.000201 USD with a 24-hour trading volume of $6,769.48 USD. They update ECON to USD price in real-time. This is up 1.39% in the last 24 hours. The current CoinMarketCap ranking is #5269, with a live market cap of not available. The circulating supply is not available and a max. supply of 750,000,000 ECON coins.
If you would like to know where to buy Recession Coin at the current rate, the top cryptocurrency exchange for trading in stock is currently PancakeSwap (V2). You can find others listed on crypto exchanges page.
Vision
Recession Coin focuses on building a strong community and providing accurate educational content to their investors by hosting AMAs with professional investors, day traders and financial analysts from various sectors. The team wants to provide in-depth knowledge of the current economy, optimized strategies for building a strong portfolio and insights on how to invest wisely during this crisis and the years to come. Crafting unique utilities along the way, such as NFTs and social media educational channels, will also allow ECON to stand out and grow.
Tokenomics
Recession Coin built a tokenomics model that rewards you regardless of the market conditions.
BTCB Rewards
6% of purchases and 10% of sells are awarded to the reward pool and automatically distributed to holders. The awards are paid out as Bitcoin ($BTCB).
Marketing
3% of purchases and 4% of sales are dedicated to marketing activities which will continue to increase exposure on the project.
Liquidity
Recession Coin 1% of purchases and sales are reallocated towards the liquidity pool. With this, traders will be able to buy & sell without liquidity issues. As volume begins to rise, liquidity will begin to increase.
Anti-Whale Mechanism
Ensure users that a transaction cannot be greater than 1% of the total supply. Mechanism won’t necessarily stop whales from selling, but having a maximum limit helps to prevent large selloffs and price manipulation.
Why is the payout in BTC, not in ECON?
This is a massive advantage of ECON compared to other crypto projects. Recession Token, like every coin on the market, might fluctuate in value a lot. In contrast, BTCB presents the highest market cap within all cryptocurrencies, which comes with high stability. Bitcoin’s forecasts are also very bullish in the years to come. These rewards, in result, reduces the risk of your investment. With decent volume, your investment will pay for itself over time.
Team
Why is the payout in BTC, not in ECON?
This is a massive advantage of ECON compared to other crypto projects. Recession Token, like every coin on the market, might fluctuate in value a lot. In contrast, BTCB presents the highest market cap within all cryptocurrencies, which comes with high stability. Bitcoin’s forecasts are also very bullish in the years to come. These rewards, in result, reduces the risk of your investment. With decent volume, your investment will pay for itself over time.
