The Grays Currency (PLS: $PTGC) is a meme coin based on the gray aliens, popular in alien mythology. It is a project designed to create compounding value for its holders via a deflationary model.
How The Grays Currency Ecosystem Works
The Gray Currency on PulseChain (PTGC) is a tax token where taxes are paid to enrich the community, and stability the token. It is inspired by the spirit of Satoshi Nakamoto. The hyper deflationary model aims to ensure that it maintains its value, and underlying liquid pools, allowing everyone to take profit.
At the core of this project is the Gray Currency Tax System, where a 5% tax is charged on each transaction in $PLS. The tax is paid to users of the ecosystem via reflection to specific functions supporting the token.
The first 10% of the tax amount in PLS goes to the Buy and Burn function, which purchases tokens from the open market and sends them to a burn address. The result is upward pressure on the PTGC token, while reducing the overall supply. Since the supply is fixed, PTGC is a hyper-deflationary token.
Making Profits Via Holding and Staking
The easiest way to benefit from PTGC tokens is by holding. Long-term holders will benefit from the deflationary actions of short-term traders. To increase their passive income, the project comes with a staking feature.
When holders stake their tokens, they get 20% of the taxes allocated to them, on top of the 20% of the taxes that are sent to them for simply holding. To withdraw staked assets, a 1% fee is charged, which is meant to encourage long-term staking. The fee is then sent to all current stakers.
Time-Locking Benefits
Within the ecosystem, stakers can time lock their tokens based on 10 tiers, that are based on the duration of staking. Longer locks get more rewards, with a 30% penalty for those that exit the time lock earlier than defined.
DAO Voting
The PGTC community can decide how to utilize the 40% of the taxes that goes to the treasury wallet. Only the top 100 stakers can submit proposals but all stakers can vote on a DAO proposal. Proposals run for 7 days, and require at least 65% positive feedback to be accepted.
Liquidity Pool
The last 10% of the PLS taxes go to the PTGC and PLS liquidity pool. The auto-compounding mechanism ensures that PTGC boosts its liquidity after each transaction.
The Grays Currency (PTGC) Market Performance
Over the past year, The Grays Currency (PTGC) has soared 336.0%, highlighting the resilience of its model. As of April 9, 2025, it has a price of $0.0002422, a market cap of $70,662,983, and a 24-hour trading volume of $293,540. There are 293,237,872,922 tokens in circulation out of an initial max supply of 333,333,333,333 PTGC tokens.
Since its ATH of $0.001326 on February 11, 2025, the price has dipped 81.9% as investors take profit. PTGC has seen its price soar 1,0992.5% since its all-time low of $0.000002169 on December 6, 2023.
Social Media Following
PTGC has a huge following on social media, with 3,989 followers on X, 3,044 members on Telegram, and 346 subscribers on YouTube.
Should You Add PTGC To Your Portfolio?
The Grays Currency (PTGC) has proven its resiliency, maintaining and growing its market cap over the past 12 months. Its market cap of over $70 million, and its huge, dedicated online community makes it a prime target for potentially huge gains in the medium term.
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