BlockBeats News, March 8th, the Meme Coin Cocoro (based on the Base network) launched by Kabosu, the owner of the Shiba Inu, the original Doge meme prototype, for her new pet Cocoro, has the following tokenomics:
· 75% LP - Will be permanently locked, and the generated fees will be distributed in a 50/50 ratio to the DAO and Atsuko. A liquidity pool has been created starting from approximately a $1 million fully diluted valuation (FDV) to prevent front-running. This pool was deployed immediately after Atsuko's announcement on her blog.
· 20% Community Airdrop - Mainly aimed at DOG and Neiro holders.
· 5% DAO Reserve.
Kabosu stated, "In the past, some anonymous individuals have used my pet's image to release tokens.
This time, I have given my blessing to Own The Doge, the community that I have been closely working with and supporting, to authorize them to create the official Cocoro token.
The token has been deployed on Base, and the contract address is:
0x937a1cFAF0A3d9f5Dc4D0927F72ee5e3e5F82a00.
This will ensure that the token can properly support both myself and the charities and communities I care about. More information about the token will be released on Twitter by OTD."