dogeatingpasta

Halal Rating :
Comfortable
Last Price $0.000011 Last updated:
Rank 7525
1D Change -1.74 %
Market Cap -
Circulating supply 0
Maximum supply None

Crypto Overview

Categories
  • Memes
  • Solana Ecosystem
  • Doggone Doggerel

Overview

Dogeatingpasta (PAWSTA) appears to be a meme cryptocurrency launched in 2024 that combines elements of the popular Dogecoin meme with pasta themes. The project seems to be primarily community-driven with a focus on social media presence and meme-based marketing.

Purpose and Utility

The stated purpose is to serve as a decentralized cryptocurrency for the meme community, with transfer and trading utility being the primary functions. No specific technological innovations or additional utility beyond basic token transfers have been identified.

Business Model and Development

The project operates as a basic ERC-20 token on the Ethereum blockchain. There is limited information available about the development team or roadmap. The primary activity appears to be community engagement through social media.

Token Distribution and Vesting

Due to the early stage of this project, detailed information about token distribution and vesting schedules is not readily available. The token appears to be freely tradable on decentralized exchanges.

Real-World Usage

Current usage primarily revolves around trading activity on decentralized exchanges. No significant partnerships or real-world applications have been identified beyond speculation and trading.

Sharia Considerations

The basic transfer and trading functionality of the token does not inherently conflict with Islamic principles. The project does not appear to involve interest-bearing mechanisms, gambling features, or explicit connections to prohibited industries. While the utility is limited, this alone does not make it haram as real asset ownership and transfer occurs in each transaction.

Crypto Impact

To assign a comfort level investing in dogeatingpasta 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 dogeatingpasta.

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