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Inari

INARI
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News

Long-term Opportunity for Bitcoin as Valuation Gap Narrows

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The valuation gap between Bitcoin and the Nasdaq fair value is at its highest discount in two years, indicating potential for future growth.
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Aisha Farooq

Giggle Academy Clarifies No Involvement in Cryptocurrency Amid Scams

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Giggle Academy clarifies its non-involvement in any cryptocurrency issuance amid impersonation scams.
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Bayarjavkhlan Ganbaatar

Market Scrutiny Intensifies Following Giggle Academy's Scam Warning

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Market reactions include increased scrutiny on token scams following Giggle Academy's warning.
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Tenzin Dorje

Kaspa's Price Chart Indicates Potential for Further Gains

Kaspa's Price Chart Indicates Potential for Further Gains

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The KAS price chart shows a steady climb, with potential resistance levels indicating further upward movement.
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Mohamed Farouk

What is Inari?

Inari is a reflective ERC-20 community token with a dynamic fee structure, buyback, and black hole mechanics, which rewards holders, especially when whales take profit. The token is characterized by two taxes both on buys and sells: the liquidity fee is split between buyback funds and marketing wallet; the redistribution is reflected to holders. The difference between the two taxes is that the buy tax is fixed, while the sell tax is directly proportional to a sell's price impact, with minimum of 10% fee and maximum of 40% fee. Every time a sell occurs, the contract buys back an amount of tokens proportional to the price impact as well. This amount is determined as follows: buyback = baseAmount * (1 + (dynamicFee - staticFee) / staticFee) * K. All the tokens bought back are sent to the dead address to be burned. Finally, since 60% of the initial supply was burned upon launch, and since the dead address also collects fees, as well as receiving the burned tokens, Inari is ultimate hyper-deflationary undumpable token.

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