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UCT Price Today
UniCAKE price today is $0.000002587137 with a 24-hour trading volume of ?. It has a circulating supply of 100 Billion UCT coins and a total supply of 100 Billion. If you are looking to buy or sell UniCAKE, PancakeSwap (v2) is currently the most active exchange.
What was the highest price for UniCAKE?
UniCAKE hit an all time high of $0.000021404748 on Nov 25, 2021 (6 months).
What was the lowest price for UniCAKE?
UniCAKE had an all time low of $0.000000695713 on Dec 02, 2021 (6 months).
Where can UniCAKE be traded?
You can trade UniCAKE on PancakeSwap (v2).
What is UniCAKE?
UniCAKE Baked with love❤️, build and driven by the community. UniCAKE is not just another reflection token, and we are sure not just another community driven project, we aim to be more than that. Our goal is to build a strong community with a project really built and owned by the community. Building such a project involves more than creating a reflection token and renouncing the ownership. It all sounds good but there are a few problems with that approach.
Rewarding
Rewarding holders with tokens or with dividends of another more stable token is a good incentive to keep people enthusiastic about a project and let them earn money without selling their tokens. Still, the reflection/rewarding model is based on the volume that the token generates from trading. High volume means high payouts, and low volume means low payouts. When the momentum of a heavily hyped project declines, the rewards will decline with it, this is normal, but if the project solely relies on it, it’s a problem.
Renounce Ownership
Renouncing ownership is an excellent way to gain trust for a community project, but we think it is not good to do right at the beginning of a project just to gain trust. A smart contract with a renounced ownership is like an abandoned project, with a community hoping to moon anytime soon (there are a few exceptions). A bigger problem with these projects is that it’s impossible to fix bugs and security issues. Some of the biggest projects out there are vulnerable to attacks that can drain their liquidity, and these projects can’t do anything to fix them.
