Binance introduces another digital coin christened $Sleepaway Poverty despite the current dip the crypto market is experiencing. Sleepaway Poverty is the latest blockchain token available on Binance smart chain.
The world-famous cryptocurrency platform created the token to curb viral poverty via monetary inclusion. Sleepaway Poverty is designed to multiply its equity whereby enriching users’ holding the cryptocurrency as an asset or reserve for posting trades.
For context, both existing and new holders of the latest cryptocurrency on the Binance smart chain are entitled to a fraction of the cryptocurrency Buyback reward policy. New holders buying Sleepaway Poverty will be rewarded 7% in Tether token (USDT). While existing holders buying Sleepaway Poverty will be rewarded 4% in Tether token.
Techbooky’s consent accords with Binance motives for debuting Sleepaway Poverty into the crypto market as a flagship token. Sleepaway Poverty is equipped with high-end tools to compete in rivalry notions against other existing flagship tokens including, Binance token, Bitcoin, Ethereum, Dodge, Solana, etc.
Binance’s capital budget for distributing and developing the new flagship token on its smart chain Blockchain has encouraged several investors to inject funds to explore the adventurous utility imbibed in Sleepaway Poverty. The cryptocurrency trader affirms its investors about the revenue Sleepaway Poverty will accomplish this year, exceeding other digital coins’ expected annual revenue.
The cryptocurrency trader imbibed the Sleepaway Poverty with an anti-Whaling mechanism promoting its redistribution system. Sleepaway has 0.120% as its utmost circular supply that minimizes whale sell per the crypto market reserved for financial inclusion. Binance fused Sleepaway Poverty with the PancakeSwap Liquidity Pool to stabilize the new token pricing system.
The liquidity pool is designated as an anti-Whaling mechanism that also bolsters the BuyBack and Burns system that allows participants selling Sleepaway tokens to earn a fractional reward of $USDT for every transaction done with Sleepaway Poverty.
Binance also commenced “presale options” for Sleepaway Poverty — this strategy is adopted to market the new token into the crypto marketplace. The Sleepaway token is reportedly selling out faster than the Binance team expected. Likewise burning the coin after presale before listing the token on the cryptocurrency network.
Regardless of Binance’s credibility as a legitimate trading platform, the FinTech company also created a social community such as Telegram, Discord, and Twitter for sharing in-depth insight, signals to prompt literacy about holding the anti-poverty token.