Due to the challenges faced by BurningCat on the social network X, stemming from our sensational yet aggressive videos, which violate X’s rules, we’ve decided to halt the BurningCat project before its presale launch.
We truly believe we could have had a successful launch, but sustainability is crucial, and X is vital for the success of memecoins.
We do not want to be part of any Pump and Dump schemes.
However, we are confident that the tokenomics designed for BurningCat is innovative and promising.
Therefore, we will soon launch another memecoin based on the original BurningCat tokenomics, with some improvements to aid marketing. This time, we’ll focus on a meme coin that still utilizes videos but presents a much cuter image.
Stay tuned for more updates!
Sustainable price increase
Burning Cat uses the Buy Back and Burn (BBB) mechanism smartly by repurchasing tokens to burn them only during price drops, in order to stabilize the price of the meme coin. While others use BBB even during price increases to create hype but deplete their BBB reserves, Burning Cat will leverage AI-generated videos to boost the token’s price during a price drop and support the price with BBB.
The BBB mechanism first requires selling the tokens collected through taxes to build up a BNB reserve, which will then be used to repurchase and burn tokens. Unlike others, Burning Cat will not make these sales during price drops, to avoid amplifying sell-offs. Instead, these sales will be conducted during significant price increases, allowing the BBB reserve to grow.
This innovative approach will allow Burning Cat’s price to rise progressively while limiting price drops. This should attract more investors, increasing the BBB reserve, which in turn will attract even more investors, boosting Burning Cat’s value further!
Taxes for the benefit of the token
On 8% of taxes, 7.2% is allocated to Buy Back and Burn!
The tax will decrease upon reaching different marketcap levels, then remain at 4% beyond $50 million marketcap (MC).
Buy tax
8%
- 7% at 1M MC
- 6% at 5M MC
- 5% at 10M MC
- 4% at 50M MC
Sell tax
8%
- 7% at 1M MC
- 6% at 5M MC
- 5% at 10M MC
- 4% at 50M MC
Transfer tax
4%
- 3.5% at 1M MC
- 3% at 5M MC
- 2.5% at 10M MC
- 2% at 50M MC
Use
7,2%
- 7,2% Buy Back and Burn !
- 0,7% marketing
- 0,1% team
At 50M MC: 3.6% Buy Back and Burn, 0.35% marketing, 0.05% team
The token contract allows for a maximum tax of 8%. This tax will be reduced as certain market cap milestones are reached, but it will not be increased if the market cap falls below those milestones.
A 7.2% tax dedicated to Buy Back and Burn is an extremely powerful lever to create a ratchet effect on the token's price. Indeed, the tokens "burned" by the BBB can never be sold again and therefore can no longer push the token's price down.
No tokens are reserved for the token's creators during the presale. The team is compensated in BNB with 0.1% of transactions, then 0.05% of transactions at the final market cap milestone. With this compensation model, there is no risk that the team will sell a large amount of tokens in the future.
Strategic features
Thanks to an intelligently applied tax on each transaction, Burning Cat can build up a substantial BBB reserve.
With this reserve, the token can afford to introduce exceptional features that will make waves!
Coming Soon
This feature will be unveiled later
Coming Soon
This feature will be unveiled later
BBB RESERVE
You may have already bought tokens with high taxes offering Buy Back and Burn.
These are often poorly designed, with token sales intended to fund the BBB wallet during price drops.
Additionally, Buy Back and Burn operations can occur even during price increases, which can further accelerate the price rise.
With Burning Cat, tokens set aside during the launch or from tax payments will be sold manually at opportune moments.
These sales will be carried out during price increases to ensure more sustainable price rises
and to build a BBB reserve that can support the token price during declines.
Burning Cat is a meme coin that intelligently uses intensive Buy Back and Burn strategies.
Coming Soon
This feature will be unveiled later
ANTI RUG PULL
Many tokens experience a sharp price increase at launch, followed by a significant drop.
This is often due to the team buying up large amounts of tokens at launch with the funds raised during the presale,
and then selling a large portion after the price has increased 4x or 5x.
Burning Cat will be launched with a relatively low presale amount compared to its potential, ensuring a smooth start. Therefore, the price might spike rapidly at launch, but the tokenomics of Burning Cat is designed to moderate this sharp rise while building a Buy Back and Burn reserve. This BBB reserve will help prevent the usual price drop that occurs after the initial surge.
Additionally, no tokens are reserved for the team at launch. Instead, 0.1% of transactions are allocated to the team (reducing to 0.05% over time), ensuring that our focus is on the long-term development of the meme coin.
SECURED RESERVE
Burning Cat has the ability to build up a substantial financial reserve.
This BBB reserve will be a valuable asset for attracting investors.
Thus, in addition to the security mechanisms integrated into the contract to prevent any fraudulent withdrawals, the reserve can be diversified within the contract.
Indeed, the cryptocurrency market experiences both bullish and bearish phases. It would be unfortunate to see the value of the reserve generated by Burning Cat rapidly diminish during a bearish phase. That’s why portions of the reserve in BNB can be converted into stablecoins such as USDT, USDC, or Bitcoin. Regardless of whether it is in BNB, USDT, USDC, or Bitcoin, the reserve is always securely held within the contract.
Meme coin
Cats are already everywhere. We just need to set them on fire!
As outlined in the roadmap, we will be introducing increasingly bold memes as Burning Cat’s market cap grows. This will be a trend, as we will share various posts mentioning Burning Cat on the social network X, even if they feature more aggressive memes from the start.
Utilizing the features developed for Burning Cat will also provide an opportunity for communication and should lead to a significant number of shares on social media. At a certain point, we hope these shares will go viral, driving up Burning Cat’s market cap!
The community is strongly encouraged to post memes on Telegram and especially on X, mentioning Burning Cat. We will then repost them at times we deem most opportune. For meme coins, the community plays a crucial role, and token holders can contribute to the success of their meme coin by creating memes, thus boosting shares and the popularity of the meme coin.
Examples of images to share on social media, remembering to include the following keywords: #BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
But Burning Cat is a next-generation meme coin, so it's also and especially about meme videos!
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
#BurningCat $bucat @burningcatcoin burning-cat.com
Frequently Asked Questions
AWAIT LAUNCH ON PANCAKESWAP !
1. Create a cryptocurrency wallet
Download MetaMask or your preferred wallet from the App Store or Google Play Store for free.
For PCs, download the Google Chrome extension by going to metamask.io.
Switch the network to BNB Chain in your MetaMask wallet.
2. Obtain BNB
You need BNB in your wallet to exchange for BuCAT.
If you don't have BNB, you can buy it directly in MetaMask, transfer it from another wallet,
or purchase it from an exchange and send it to your wallet.
3. Go to PancakeSwap
Visit pancakeswap.finance in Google Chrome or from the MetaMask app browser.
Connect your wallet. Paste the BuCAT token address (0xd7a0c5D906c29f9FfcBcA896E8AE7069B2295211) into PancakeSwap, select BuCAT, and confirm.
When MetaMask prompts for a wallet signature, sign it.
4. Exchange BNB for BuCAT
Our tax can reach 8%, so set the slippage to 9% to complete the purchase.
The official token burn feature involves sending tokens to address 0. This operation automatically reduces the total supply. However, another method of burning tokens has become popular: sending them to the address 0x000000000000000000000000000000000000dEaD (ending in dead). This address belongs to no one, so no one can sell the tokens transferred there, and they are thus considered truly burned.
Since this is not the burn address of the smart contracts, the supply is not impacted. However, sending tokens to the dead address is convenient because you can instantly see the amount of burned tokens by looking at the number of tokens held by the dead address. It is simpler than taking the initial supply amount and subtracting the new supply amount to determine the number of burned tokens. Therefore, like many tokens, we have chosen to use the dead address for burns instead of address 0.
Some token tracking sites display a supply amount by subtracting the tokens sent to the dead address themselves, but this is not the case for all crypto sites...
It's not mandatory, and we do not ask new investors to burn tokens.
However, investors who have seen their token price double, for example, have an advantage over new buyers: they were able to buy at a lower price. While it's normal to have a bigger gain by discovering the gem earlier, new investors might feel they missed out on the lower purchase price and move on.
Although BurningCat already has mechanisms to attract new investors with a Buy Back and Burn reserve, if even the early investors burn some of their tokens, they demonstrate their willingness to sacrifice part of their gains to push the price even higher in the future. This is a true sign of confidence that will attract even more investors!
Therefore, we encourage investors who have at least doubled their investment with BurningCoin to burn 1% of their tokens from time to time. Those who do so regularly will additionally gain the team's trust and could become moderators on Telegram if they wish, further contributing to the success of BurningCat!
The maximum tax allowed in the token contract is 8%. However, the tax will be gradually reduced to 4% according to the plan outlined in the roadmap.
Staking helps with the block validation process on blockchains. For a token that is a branch of a blockchain, staking primarily serves to retain investors. However, this often involves taking a portion of new investments to reward previous investors.
Burning Cat's priority is to attract as many new investors as possible. That's why we do not use staking and prefer to use the tax to burn tokens and create a buyback and burn effect, which protects token holders while attracting new buyers.
No.
Burning Cat is created with a large quantity of tokens intended to be sold to generate a Buy Back and Burn reserve, but the contract prevents the creation of new tokens.