$ 0.00001096 USD
$ 0.00001096 USD
$ 4.415 million USD
$ 4.415m USD
$ 2,767.14 USD
$ 2,767.14 USD
$ 50,982 USD
$ 50,982 USD
393.401 billion HOGE
Issue Time
2021-02-07
Platform pertained to
--
Current coin price
$0.00001096USD
Market Cap
$4.415mUSD
Volume of Transaction
24h
$2,767.14USD
Circulating supply
393.401bHOGE
Volume of Transaction
7d
$50,982USD
Change
24h
0.00%
Number of Markets
33
Current Rate0
0.00USD
WikiBit has marked the token as air coin project for we have received overwhelming complaints that this token is a Ponzi Scheme. Please be aware of the risk!
3H
0.00%
1D
0.00%
1W
0.00%
1M
-43.26%
1Y
-44.58%
All
+554.85%
Aspect | Information |
Short Name | HOGE |
Full Name | Hoge Finance |
Founded Year | 2021 |
Support Exchanges | Bianace,CoinGecko,Vice Token,CoinMarketCap,CoinCodex,Coinbase,Uniswap, 1inch, Bilaxy, BKEX |
Storage Wallet | Wallets that support ERC-20 Tokens (E.g., Trust Wallet, MetaMask) |
Hoge Finance (HOGE) is a decentralized, peer-to-peer digital currency introduced in 2021, structured within the broader framework of the Ethereum network. Featuring a two-pronged approach, HOGE combines smart contract protocols with deflationary features and implements a relatively unique function called Automated Liquidity Generation.
Making use of the Ethereum blockchain's ERC-20 standard, HOGE emphasizes on the creation of a self-sustaining economic system. For every transaction made with HOGE, 1% is automatically burned, effectively decreasing the total supply over time, while another 1% is distributed among all holders. This aims to add a scarcity factor to the token while potentially incentivizing holding.
Pros | Cons |
Deflationary tokenomics | Young and unproven project |
Community-driven development | Dependent on Ethereum network's scalability and fees |
Automated Liquidity Generation | Risks associated with regulatory changes |
Holder rewards through transactional distribution | Anonymous team members could present trust issues |
Supports ERC-20 standard wallets | Market volatility |
The Hoge Finance Wallet offers a comprehensive solution for managing various cryptocurrencies, including Hoge Finance, Ethereum, XRP, Litecoin, XLM, and over 300 other coins and tokens.
Trusted by 5,000,000 users worldwide, this wallet provides a secure platform for storing, sending, and receiving digital assets.
With its user-friendly interface and broad compatibility, the Hoge Finance Wallet ensures convenient access to a diverse range of cryptocurrencies for both novice and experienced users alike.
Hoge Finance (HOGE) brings some unique features to the table in the realm of cryptocurrencies. It is structured as a deflationary currency, using what is known as a 'burn' mechanism, wherein 1% of each transaction is destroyed, thereby reducing the overall supply of the coin over time. This concept is designed to create a scarcity factor which, in theory, could drive up value as the supply decreases.
Another innovative approach of HOGE is Automated Liquidity Generation. In this setup, 2% of each transaction is converted into Ethereum, which is then automatically paired with HOGE and added to the Uniswap liquidity pool. This automated process keeps the liquidity pool filled and can potentially enhance trading stability.
One more differentiator of HOGE, which is not common in most cryptocurrencies, is its reward mechanism. HOGE employs a redistribution strategy where 1% of each transaction is proportionally distributed amongst all holders of the currency.
Hoge Finance (HOGE) operates on the Ethereum blockchain utilizing the ERC-20 standard, which defines a common list of rules for Ethereum tokens to follow and allows for seamless integration with other contracts, decentralized applications (dApps), and exchanges that also use the Ethereum system.
A key principle of HOGE's operation is its deflationary structure, often referred to as 'token burn'. Every time a transaction takes place with HOGE, 1% of the transaction amount is automatically destroyed. This structured reduction in total supply is designed to create a scarcity factor over time, which could potentially increase the value of each remaining token.
Apart from this, Automated Liquidity Generation (ALG) is an important function in the working of HOGE. With ALG, 2% of every transaction in HOGE is converted into Ethereum and is automatically paired with the previously burned 1% of HOGE. This pair is then added to the liquidity pool on the decentralized exchange, Uniswap, continually fueling the liquidity of the token.
Circulation
The market cap of HOGE Finance is approximately $11,309,520, with a 24-hour trading volume of $18,533. The circulating supply of HOGE is 393,904,268,053 tokens out of a total supply of the same amount, representing 99.80% of the maximum supply of 394,686,538,324 tokens.
Over the coming decades, HOGE's price is expected to experience fluctuations. By 2030, the trading range is projected to be between $0.000000937 and $0.00003929. In 2040, our forecast suggests HOGE could reach a peak price of $0.001271,with a potential minimum around $0.000000328.Looking ahead to 2050, technical analysis indicates that HOGE's price could range from $0.00001546 to $0.0001051,with an estimated average trading price of about $0.00001951.
However,Binance doesn't offer the direct link to buy HOGE.Users should buy ETH as the base currency.
Follow the guidance and see the See this link for details on how to buy HOGE on Binance: https://www.binance.com/en-GB/how-to-buy/hoge-finance
To buy HOGE (HOGE) on Vice Token, follow these four simple steps:
Create or Log In to Your Binance Account: If you don't already have a Vice Token account, you'll need to sign up on the Vice Tokenwebsite or mobile app. If you already have an account, just log in.
Deposit Funds: Before you can buy HOGE, you need to have funds in your Vice Token account. You can deposit cryptocurrency or fiat money. Go to the 'Funds' or 'Wallet' section and choose the 'Deposit' option to add funds to your account.
Find HOGE on Binance: Once your account is funded, go to the trading section and search for HOGE trading pairs (e.g., HOGE/BTC, HOGE/USDT). Select the pair you wish to trade with.
Buy HOGE: After selecting the trading pair, go to the 'Buy HOGE' section, enter the amount of HOGE you want to buy or the amount of the other currency you want to spend, and confirm the order.
Here are few types of wallets compatible with ERC-20 tokens:
- Software Wallets: These are applications or programs that can be installed on your desktop computer or mobile devices. Examples of software wallets are MyEtherWallet (MEW), Metamask, and Trust Wallet.
- Hardware Wallets: These are physical devices that store your cryptocurrency offline, ensuring very high-security levels since they are less likely to be hacked. Two widely used hardware wallets supporting ERC-20 tokens are Trezor and Ledger.
- Web Wallets: These wallets function online via a web browser. Metamask and MyEtherWallet, for instance, offer web-based wallet services. However, it's recommended to use these wallets with caution, keeping the security risks posed by online platforms in mind.
- Mobile Wallets: These are apps installed on a smartphone. They are very convenient because of their ease of use and portability. Trust Wallet is a popular mobile wallet that can store ERC-20 tokens.
To analyze the safety of HOGE, users can consider the following dimensions:
For those interested in buying and earning HOGE, consider the following advice:
1. Understand Cryptocurrency: Before investing, it's important to have a fundamental understanding of cryptocurrencies, blockchain technology, and the risks associated with such investments. This ensures that you are making informed decisions.
2. Research HOGE: Beyond understanding cryptocurrency in general, you should also research HOGE specifically. Understand its unique features, like deflationary tokenomics and automated liquidity generation, and how these could impact the token's future potential.
3. Consider Risks:Keep in mind that HOGE, like all cryptocurrencies, has inherent risks associated with market fluctuation. The token's value can dramatically rise or fall within a short period.
4. Identify Potential Exchanges: Look at the exchanges where you can buy HOGE, examining factors such as ease of use, security, transaction fees, and supported pairs.
5. Proper Storage: Decide how you will store your tokens. This involves figuring out which wallet you will use. Keep in mind that HOGE tokens are based on the Ethereum blockchain and are thus stored on wallets that are compatible with ERC-20 tokens.
6. Long-term Strategy: Given the 1% distribution model of HOGE for holders, having a long-term strategy may be beneficial with this token, but always be prepared for the volatility of the market.
7. Professional Advice: If you're unsure, getting advice from financial advisors or experts in the field of cryptocurrency can be a good idea. They can help you assess your financial situation, risk tolerance, and goals to build a suitable investment plan.
12 ratings