TWEETY

Halal Rating :
Comfortable
Last Price $0.00000053 Last updated:
Rank 7898
1D Change -2.12 %
Market Cap -
Circulating supply 0
Maximum supply 210,000,000,000

Crypto Overview

Categories
  • Memes

Overview

TWEETY is a meme cryptocurrency launched on the Binance Smart Chain (BSC) that draws inspiration from Twitter's bird logo and social media culture. The project appears to position itself primarily as a community-driven meme token.

Purpose and Utility

The token's primary stated purpose is to serve as a medium of exchange within its community and potentially benefit from the social media association with Twitter (now X). Beyond this basic utility, there isn't substantial documentation about specific use cases or technological innovations.

Business Model and Real-World Adoption

The token operates primarily as a tradable asset on decentralized exchanges. While marketing and community engagement appear to be significant aspects of the project, there isn't evidence of substantial real-world partnerships or applications beyond trading.

Development Activity

The project maintains basic token functionality on the BSC network, but detailed information about ongoing development activities or future roadmap is limited.

Token Distribution and Founder Analysis

The token appears to follow standard BSC token deployment practices. Public blockchain data indicates trading activity and token transfers, though detailed information about founder holdings or vesting schedules is not readily available.

Additional Considerations

The token does not appear to involve interest-bearing mechanisms, lending protocols, or explicit connections to prohibited industries. Its primary function as a tradable token on decentralized exchanges involves genuine asset ownership and transfer.

Crypto Impact

To assign a comfort level investing in TWEETY 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 TWEETY.

If you don’t see something that should be listed, positive or negative, feel free to submit your own contribution using the button “Contribute”.

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