ElmoERC is a decentralized, open-source blockchain platform that operates on the Ethereum network. It enables developers to create and deploy smart contracts and decentralized applications (dApps). Additionally, ElmoERC functions as a meme coin with a focus on increasing value and scarcity through continuous token burns. By leveraging its unique burning mechanism, ElmoERC aims to capture the interest of both crypto enthusiasts and meme fans.
ElmoERC utilizes the Proof of Stake (PoS) consensus mechanism, which supports its ERC-20 token standard operations on the Ethereum blockchain. It features a unique burning mechanism involving a tax on transactions to decrease the circulating supply, thus increasing scarcity. Smart contracts also play a critical role, facilitating automatic and secure transactions without intermediaries. ElmoERC aims to continuously enhance token value through innovative features like staking and burning.
ElmoERC has several potential use cases, including:
ElmoERC was launched on May 2, 2023, by a team of experienced meme coin developers. The project was established with the objective of creating a deflationary meme coin. Key milestones include the implementation of a unique burning mechanism, the establishment of a staking program, and the ongoing development of their NFT platform. Future developments are anticipated, including the launch of a DAO platform.
The ELMOERC price is $0.00271998 AUD, representing a -3.74% from the day prior.
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The trading volume of ELMOERC (ELMO) is $700 AUD in the last 24hrs, representing a -3.74% from the day prior.
ELMOERC (ELMO) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
The current market cap of ELMOERC (ELMO) is $793.5K AUD.
Yes - With Coinstash you can convert your ELMOERC (ELMO) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
The current circulating supply of ELMOERC (ELMO) is 301.8M.
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