Baby BNB

Halal Rating :
Comfortable
Last Price $0.0017 Last updated:
Rank 2024
1D Change 31.15 %
Market Cap $951,376
Circulating supply 554,838,710
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Memes

Project Overview

Baby BNB is a cryptocurrency token launched on the BNB Chain (formerly Binance Smart Chain). The token appears to be designed as a reflections token that redistributes BNB to holders.

Purpose and Utility

The primary stated utility of BABYBNB is to provide holders with automatic BNB rewards through a redistribution mechanism from trading activity. The project claims to reward holders in BNB for simply holding the token in their wallet.

Business Model Assessment

The token operates through smart contracts that handle the automatic reward distribution. Every transaction incurs a fee, part of which is converted to BNB and distributed to token holders.

Real-World Adoption

The token shows limited trading activity and adoption beyond speculative trading and the reward distribution mechanism. No significant partnerships or additional use cases have been identified.

Development Activity

Limited public development activity has been observed. The project appears to focus primarily on its reward distribution mechanism.

Token Distribution

Detailed information about token distribution and founder holdings is not readily available in public sources.

Rating Justification

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