PIG TOKEN

[PIGTOKEN]

https://i.ibb.co/vHwrFW3/pigtoken.jpg

$PIG

Yield generation
protocol

PIG is a high-yield frictionless farming token. There is a 5% tax on every transaction: 3% is locked in liquidity 2% is distributed to PIG holders proportional to the amount of PIG held

Fair Launch

PIG has been stealth launched. 100% of PIG supply was seeded as liquidity. That means no presale and no allocation to team members.

100% Decentralised

No team allocation at launch means that PIG is 100% community led.

Hyperdeflationary Black Hole

50% of the supply has been sent to the Black Hole at launch . Because it is so massive, it will absorb a significant amount of the 2% tax distribution, resulting in exponential hyperdeflation!

https://pigtoken.finance/

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[mandor]

hmm stealth launched, it gives me goosebumps. I even thought that the distribution would be via airdrop, because there was no token allocation for the team and it was entirely community based. Then, how much the token supply after burn? Since I can't see any number that determine how much the token supply.

[PIGTOKEN]

Total burned token : https://bscscan.com/token/0x8850d2c68c632e3b258e612abaa8fada7e6958e5?a=0x000000000000000000000000000000000000dead

[longyenthanh]

Total burned token : https://bscscan.com/token/0x8850d2c68c632e3b258e612abaa8fada7e6958e5?a=0x000000000000000000000000000000000000dead

I don't understand a bit .. Why was such a large total supply of tokens created and now they are burned?
How were they distributed - i.e. who could receive tokens and who now own them?

[PoluJvy]

A little bit unusual as there is no team allocation at launch means that PIG is 100% community led. Not sure is this decision 100% right

[mandor]

Okay, the total supply was 1,000,000,000,000,000 token at first, then got burned 50%. Which mean it already halved.

Total burned token : https://bscscan.com/token/0x8850d2c68c632e3b258e612abaa8fada7e6958e5?a=0x000000000000000000000000000000000000dead

I don't understand a bit .. Why was such a large total supply of tokens created and now they are burned?
How were they distributed - i.e. who could receive tokens and who now own them?

It's clearly to reduce their tokens supply, with the hope that it will have a positive effect on prices (basically) and as one of their reason, to make there's no token allocation for the team, so it's pure to community. Right now, even though they had been halved, it still looked enormous.

[raji1995naya]

I don't understand what you trying to say. Could you explain some furthermore?

[rainingbitcoins]

the price PIG-UDST is 0.000000000253425 USDT per PIG

  so cheap because your a lot total supply is 1,000,000,000,000,000

i need learn more about this token and until now i can't find your team, vission and mission etc. i need more information about PIG with whitepaper. thanks.

[Miiike]

Okay, the total supply was 1,000,000,000,000,000 token at first, then got burned 50%. Which mean it already halved.

Total burned token : https://bscscan.com/token/0x8850d2c68c632e3b258e612abaa8fada7e6958e5?a=0x000000000000000000000000000000000000dead

I don't understand a bit .. Why was such a large total supply of tokens created and now they are burned?
How were they distributed - i.e. who could receive tokens and who now own them?

It's clearly to reduce their tokens supply, with the hope that it will have a positive effect on prices (basically) and as one of their reason, to make there's no token allocation for the team, so it's pure to community. Right now, even though they had been halved, it still looked enormous.

I had this ghostly memory of a project with same characteristic not so long ago, with enormous total supply which immediately halved, and I think I've never heard of that project again anymore. I can't help buy wonder if the team behind this is the same as that project.

[PIGTOKEN]

Total burned token : https://bscscan.com/token/0x8850d2c68c632e3b258e612abaa8fada7e6958e5?a=0x000000000000000000000000000000000000dead

I don't understand a bit .. Why was such a large total supply of tokens created and now they are burned?
How were they distributed - i.e. who could receive tokens and who now own them?

It will faster the burn rate. The token out of circulation and can't be sell. 0x000...dead is dead address.

[Miiike]

Total burned token : https://bscscan.com/token/0x8850d2c68c632e3b258e612abaa8fada7e6958e5?a=0x000000000000000000000000000000000000dead

I don't understand a bit .. Why was such a large total supply of tokens created and now they are burned?
How were they distributed - i.e. who could receive tokens and who now own them?

It will faster the burn rate. The token out of circulation and can't be sell. 0x000...dead is dead address.

So why don't you just create half of the total supply from the start? I mean 5x10^14 (too lazy to think the proper numeral for that many zeros) instead of 1x10^15? Wouldn't it brings you to the same situation? With less works too, since you don't have to send the token to 0xdead

[mandor]

the price PIG-UDST is 0.000000000253425 USDT per PIG

  so cheap because your a lot total supply is 1,000,000,000,000,000

i need learn more about this token and until now i can't find your team, vission and mission etc. i need more information about PIG with whitepaper. thanks.

lol. Please, don't hope too much. If he really cares about it, he will gives respon to the question, at least will give promise to make it later. But no, he even replied to posts after yours, signaling a lack of concern for that. As usual, just focus on pocketing money.
Seriously, more questions would arise, so that in the end he himself would not be able to reply properly.

[rainingbitcoins]

the price PIG-UDST is 0.000000000253425 USDT per PIG

  so cheap because your a lot total supply is 1,000,000,000,000,000

i need learn more about this token and until now i can't find your team, vission and mission etc. i need more information about PIG with whitepaper. thanks.

lol. Please, don't hope too much. If he really cares about it, he will gives respon to the question, at least will give promise to make it later. But no, he even replied to posts after yours, signaling a lack of concern for that. As usual, just focus on pocketing money.
Seriously, more questions would arise, so that in the end he himself would not be able to reply properly.

You are right, even though I have an interest in this project even though I should still be objective in assessing it. the more questions they don't answer later, the impact on their own project.

[ice18]

Looks like a copy cat of $FEG token they are burned half of the supply on launched and this PIG has also huge supply of 1T? Am I right? sorry that's too many zeros lol or its Quadrillion also just like $FEG, so what is the special of this token compared to other existing yield farming and being a deflationary?     

[AmoreJaz]

Looks like a copy cat of $FEG token they are burned half of the supply on launched and this PIG has also huge supply of 1T? Am I right? sorry that's too many zeros lol or its Quadrillion also just like $FEG, so what is the special of this token compared to other existing yield farming and being a deflationary?    

just another crap defi token. nothing more. no sense of giving this huge supply and then burned for what? just to show that they are burning the token? am betting, this is another short lived token screwing those naive buyers.
if you want to save for your future, then better stay away from projects like this and just send your money to the bank. at least you know you have your money no matter what even if it is not earning interest. here, the chance of losing it all is high. just my 2 cents.

[Miiike]

Looks like a copy cat of $FEG token they are burned half of the supply on launched and this PIG has also huge supply of 1T? Am I right? sorry that's too many zeros lol or its Quadrillion also just like $FEG, so what is the special of this token compared to other existing yield farming and being a deflationary?    

just another crap defi token. nothing more. no sense of giving this huge supply and then burned for what? just to show that they are burning the token? am betting, this is another short lived token screwing those naive buyers.
if you want to save for your future, then better stay away from projects like this and just send your money to the bank. at least you know you have your money no matter what even if it is not earning interest. here, the chance of losing it all is high. just my 2 cents.

Given they were actually online since and didnt answer the reason why they choose such tokenomy (create a massive token and burned hald of them instead of directly created just half the amount burned) or the team, it shows the quality of the project

[necromastery]

This is nothing but a short-lived project, the same as the previously very cheap tokens, suddenly died althought it seems very live right now. With only 1 BNB, people can get 12.845.100.000 Pig token, what big amount of token. It's really true, very risky for investment.

[bitLeap]

This is nothing but a short-lived project, the same as the previously very cheap tokens, suddenly died althought it seems very live right now. With only 1 BNB, people can get 12.845.100.000 Pig token, what big amount of token. It's really true, very risky for investment.

yes, I also thought the same thing. too risky to invest here and what is so special about pigs compared to others. be careful in investing

[Miiike]

This is nothing but a short-lived project, the same as the previously very cheap tokens, suddenly died althought it seems very live right now. With only 1 BNB, people can get 12.845.100.000 Pig token, what big amount of token. It's really true, very risky for investment.

Well, to be fair, 12B is just like 0.0024% (give or take one zero because honestly, it really is difficult to track those line of zeroes) of the total supply, so the amount that can be bought with 1 BNB is arguably infinitesimal to their gigantic total supply and anyone buying with 1 BNB can (again, arguably) hardly control the price. But that doesn't mean any sane human being would (or should) buy something as stupid as this thing. In a few months the dev would get bored and leave this project and the gigantic supply to the bottom of mariana, if they haven't already

[necromastery]

This is nothing but a short-lived project, the same as the previously very cheap tokens, suddenly died althought it seems very live right now. With only 1 BNB, people can get 12.845.100.000 Pig token, what big amount of token. It's really true, very risky for investment.

In a few months the dev would get bored and leave this project and the gigantic supply to the bottom of mariana, if they haven't already

As soon as the dev get lot of money, he would not hesitate to disappear and abandon the project, it already happens a lot. Even now, the fact he is no longer responding to some of the things posted about his project. It seems he is afraid about the response from people right here are correct about this project.