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Inari

INARI
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News

Bitcoin's 200-Week Moving Average Remains a Key Support Level

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Bitcoin's 200-week moving average is at 61,700, a crucial support level for traders, indicating potential recovery if maintained.
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Ayman Ben Youssef

Arthur Hayes Sells Off HYPE Token and NEAR Protocol Positions

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Arthur Hayes, cofounder of BitMEX, has exited his positions in HYPE and NEAR, citing macroeconomic factors.
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Tando Nkube

Coinbase Introduces Perpetual Futures for Pre-IPO Trading

Coinbase Introduces Perpetual Futures for Pre-IPO Trading

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Coinbase has launched a new perpetual futures product for pre-IPO trading, starting with SpaceX, allowing users outside the US to trade 24/7 using USDC.
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Kofi Adjeman

Worldcoin's Short Overhang Could Lead to Price Surge

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Worldcoin (WLD) is experiencing a significant short overhang, which may lead to sharp price movements if market conditions change.
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Jesper Sørensen

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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