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bias against the pig theme. I know it’s unfair. Can PiggyCoin be among the one percent who are successful? I can say that I like what I am seeing so far.

No Lipstick On This Pig

Prior to projects joining Nick and I on Crypto Sip And Shill, we make an effort to do research and join their social communities. This is a great way to check the project’s vibe and learn more about the project’s priorities. PiggyCoin’s founder and team are holders and community members of EverRise, a popular multichain token and blockchain company. When you interact with members of the PiggyCoin team and spend time in their Telegram channel, you get a real sense that they mean business. Community interactions are organic and they go beyond the shallow token hype and big promises.

PiggyCoin is not simply a meme token. They are developing a strong community and solid utilities. There are no gimmicks, and they are planning for sustainability. The project celebrated three months in existence on the same day that they joined us on the show. In that time period they’ve hit several milestones, including:

• Expanding the team
• Added dozens of assets to the PiggyVault
• Launching the MiniPigs NFT collection
• Survived early major whale selloff
• Increased holders and continually growing the community

That’s a respectable start, and a great foundation for the future. There is a lot to like, but there are things that I am not a huge fan of purely from a personal perspective as a holder. So, in typical educator fashion, I present…dun dun dun…a chart.

I minted four Mini Pigs today! So, it’s safe to say that I am a fan of the NFT collection. I think these little fellas have a ton of potential, and I look forward to all that the team rolls out for NFT holders.

Mini Pigs NFTs are currently minting on Polygon. Sixty-six of the collection of 300 have already been minted.

I mention the PiggyCoin chart as a positive, but I won’t delve into that, especially in light of the liquidity piece that I will address in just a moment. I’m looking forward to upcoming dApp releases from PiggyCoin. If my guesses about the upcoming releases are correct, we might expect dApps that make tracking rewards and vault assets and value easier. Tracking the vault assets can be a bit tough at present due to the diversity of assets.

Token Details

At its core, PiggyCoin ($PiggyC) is a rewards token on the Binance Smartchain. There is a 7% tax on buys and sells, with 3% going to BUSD rewards, 2% to liquidity, 1% to PiggyVault, and 1% to buyback.

Token Supply: 1,000,000,000,000,000

Token Burn: 115,301,238,424,219

Market Cap: $370,680

Liquidity: $11,660

Risks

For me, whale dominance and managing liquidity are the greatest challenges, but I think the team understands this. If my calculations are correct, at a market cap of $370k, a holder with 2% of supply is holding an unrealized value around $8k. According to the DexTools holders chart there are nine such wallets, and any one of them, if sold, can wipe out a significant amount of the current $12k liquidity. Working out a way to remedy this through liquidity injections is important to the project’s long-term sustainability. Far too many holders are uninformed when it comes to discussing unrealized profits and liquidity.

Socials

Website: piggycoin.finance

X: @piggycoinbsc

Telegram: t.me/piggyCbsc