Bloodline chanting my name

Halal Rating :
Comfortable
Last Price $0.000081 Last updated:
Rank 5843
1D Change -0.27 %
Market Cap -
Circulating supply 0
Maximum supply 1,000,000,000

Crypto Overview

Categories
  • Solana Ecosystem

Overview

Bloodline Chanting (CHANT) is a recently launched cryptocurrency that operates as a decentralized meme token on the Pulsechain network. The project aims to create a community-driven ecosystem around the concept of 'chanting' and memetic content.

Purpose and Utility

The primary stated purpose of CHANT is to serve as a community token with memetic value. The project doesn't claim any complex utility beyond serving as a tradeable digital asset and fostering community engagement.

Business Model and Operations

The token operates on a simple model of peer-to-peer trading and community building. There are no lending protocols, gambling features, or interest-bearing mechanisms integrated into the token's smart contract.

Development and Platform Activity

The project maintains basic smart contract functionality for token transfers and trading. While development activity is minimal, this aligns with its stated purpose as a straightforward meme token.

Token Distribution

Initial token distribution appears to have been conducted through fair launch mechanisms, with no pre-sale or significant founder allocations identified. Liquidity appears to be provided by the community.

Crypto Impact

To assign a comfort level investing in Bloodline chanting my name from a halal perspective we need to determine whether it has a net positive or negative impact.

Towards this end, the table below is used to tally all the positive and negative considerations our members can think of related to Bloodline chanting my name.

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