HALLOWEEN X
Crypto Overview
Overview
Halloween X is a memecoin project launched on the BNB Chain, themed around the Halloween holiday. The project was created in 2023 as a seasonal cryptocurrency.
Purpose and Utility
The primary stated purpose of Halloween X is to serve as a tradeable digital asset and memecoin within the cryptocurrency ecosystem. The project does not claim any sophisticated technical utility beyond serving as a tradeable token.
Business Model
The token operates as a basic BEP-20 token on the BNB Chain, allowing for standard token transfers and trading. The project does not appear to facilitate any activities that would be considered haram such as gambling, interest-bearing products, or adult content.
Real World Adoption
The token has achieved listing on several decentralized exchanges (DEXes) where it can be traded. Beyond trading activity, there is limited evidence of broader adoption or use cases.
Development Activity
The project appears to be primarily focused on community building and marketing rather than technical development, which is typical for memecoins.
Token Distribution
Based on available data, the token distribution appears to follow standard practices for memecoins, with liquidity pools established on decentralized exchanges.
Crypto Impact
To assign a comfort level investing in HALLOWEEN X 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 HALLOWEEN X.
If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.
We will review your contribution for accuracy before publication.
Importantly, you can review listed contributions and vote on which one you think has the greatest impact, positive or negative.
You only have one vote per asset so use it wisely.
You can change your vote if you change your mind.