The OG Cheems Inu

Halal Rating :
Comfortable
Last Price $0.000000004 Last updated:
Rank 7917
1D Change 6.98 %
Market Cap -
Circulating supply 0
Maximum supply None

Crypto Overview

Categories
  • Memes
  • Solana Ecosystem

Project Overview

OG Cheems Inu is a community-driven meme token launched on the Ethereum blockchain. It draws inspiration from the popular 'Cheems' internet meme and positions itself as one of the original (OG) meme tokens in the crypto space.

Purpose and Utility

The primary stated purpose is to serve as a community token that brings together meme enthusiasts and crypto traders. The token operates as a standard ERC-20 token with basic transfer and ownership functionalities.

Business Model Assessment

The project's business model centers around community engagement and trading. There are no apparent mechanisms involving prohibited activities like gambling, interest-bearing products, or impermissible content.

Real-World Adoption

The token primarily sees usage in trading activities across decentralized exchanges. While adoption is limited, this doesn't impact its Shariah compliance status.

Development Activity

The project maintains basic token functionality without complex features that could raise Shariah concerns. The simplicity of the token's implementation actually helps ensure it stays within halal boundaries.

Token Distribution Analysis

The token follows a standard distribution model with public trading on decentralized exchanges. While detailed founder allocation information isn't readily available, the token's trading mechanism involves real asset exchange between parties.

Crypto Impact

To assign a comfort level investing in The OG Cheems Inu 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 The OG Cheems Inu.

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