DinoLFG (ETH: $DINO) is a meme coin that aims to transform meme coin culture by infusing utility into the token. The $DINO token gives holders a way to build a community based on games and other use cases.
DINO Use Cases
The DinoLFG ($DINO) team has built great utility into the token, which includes DinoStaking. Thus far, the project has $168K in total value locked (TVL), and has an APR of 2.81% as of Monday, 21 October 2024.
They also have a swap feature that allows users to convert their Ethereum (ETH) into $DINO or $DINOSHI tokens. Another interesting feature of the DinoLFFG ecosystem is DinoBet where players can participate in poker games, casino games, bet on sports, and even earn tokens via a referral system.
Additionally, the team has launched a DinoShop where users can purchase limited edition merch that includes t-shirts, hoodies, caps, and sweatshirts.
The team has also launched dinosaur-themed NFTs, with the posted expensive one currently going for 0.25 ETH on OpenSea.
$DINO Tokenomics
The DINO tokens have a max supply of 333,333,333. 95% of the tokens were released on Uniswap, while 5% were reserved for marketing. There are no taxes or fees while trading $DINO tokens.
DinoLFG ($DINO) Token Price Soars
ON Sunday evening, DinoLFG ($DINO) was up over 30% in the past week. By Monday morning, the appreciation had increased to 62.86% in the past seven days after the token soared 27.34% in the past 24 hours as of writing this to $0.006175 per token.
Despite the recent gains, the $DINO tokens are still trading at a 99.53% discount on their all-time high of $1.30, achieved in early December 2022. The project has a market cap of $1.93 million and a trading volume of $5.62K in the past 24 hours.
Social Media Following
The $DINO token has amassed a large online following, that is helping to drive up its price. On Twitter, the DinoLFG ($DINO) project has 47.8K followers, while on Telegram, its official group has 14,236 members. The project has 1,069 members on Discord, 1.4K members on Reddit, and 954 followers on CoinMarketCap.
Should You Add DinoLFG ($DINO) To Your Portfolio?
Looking at the social media presence of the project, it is easy to understand why the token’s price has soared in recent weeks. Additionally, the team has built utility into the project, which is expected to increased demand for $DINO organically.
With the tokens trading at an over 99% discount to their all-time high, there is still a lot of room for potential growth. Based on its current price movement and the active online community, adding $DINO to your portfolio could potentially pay off in the medium term.
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