Article Summary, Automatically Generated By AI
Summary of GM Wagmi (GM)
Overview
- GM Wagmi is a meme coin based on the “gm” meme, a popular greeting on Crypto Twitter.
- It aims to create a supportive environment and sense of community among crypto holders.
Founders and Mission
- The team behind GM is anonymous.
- Their goal is to unite the decentralized financial movement and create a sense of family and mutual value within the community.
Uniqueness
- GM stands out due to its inclusiveness and appeal to all crypto holders across blockchain rivalries.
- It aims to create a self-s
About GM Wagmi: Empowering the Future of Decentralized Finance
Introducing GM Wagmi (GM): A Revolutionary Concept
GM Wagmi is a meme coin that has capitalized on the viral “gm” meme, which has taken social media, particularly Crypto Twitter, by storm in 2021. The abbreviation “gm” (also stylized as “gm” or “GM”) stands for “good morning,” serving as a customary greeting among crypto enthusiasts on Twitter, regardless of the time of day. Similar to other fleeting meme coins, such as Omicron (named after the COVID-19 variant) or PEOPLE (a coin that aimed to purchase a copy of The Constitution), GM is riding the wave of popularity surrounding the “gm” meme, with investors willing to wager on the eponymous token.
On its website, GM Wagmi playfully dubs itself “the first culture coin,” proudly embodying a supportive environment that welcomes individuals from all walks of life. Notably, GM has achieved remarkable success for a meme coin, having listed on an impressive 12 exchanges within its inaugural week.
The Visionaries Behind GM Wagmi: Meet the Founders
The enigmatic team behind GM, driven by a vision to unite the decentralized financial movement, sought to create a token that would foster a sense of belonging and shared values within the community. Their mission is to “spread goodness” and participate in a cultural revolution, potentially leading to investments in charitable initiatives that align with the GM community’s values. As the team eloquently puts it, “gm means community and community means family.”
Unveiling the Unparalleled Essence of GM Wagmi
Notwithstanding the proliferation of meme coins, GM distinguishes itself through its inclusive nature and broad appeal to cryptocurrency enthusiasts across disparate blockchain ecosystems. Unlike the often tribal crypto communities, which tend to prioritize the success of their native blockchain over others, the “gm” meme has emerged as a unifying force, resonating with the entire cryptocurrency space, and is aptly encapsulated by the GM token.
Its ultimate goal is to establish a self-sustaining ecosystem and community governed by a decentralized autonomous organization (DAO) that disseminates the GM vision globally.
- Offering a straightforward and efficient means for holders to gain exposure to cryptocurrency assets;
- Functioning as a decentralized network that is both community-focused and community-driven;
- Fostering positive change through philanthropic initiatives driven by the community.
In its roadmap, GM Wagmi outlines its vision to evolve into a cross-chain asset,
despite initially launching on Ethereum, which was chosen for its robust security and
proven longevity. The introduction of a GM bridge will unlock a new user base on an
alternative blockchain, thereby granting the token seamless cross-platform utility
and enhanced interoperability. Furthermore, by operating on a chain like BSC, users
can bypass Ethereum’s notoriously exorbitant gas fees. Currently, the project is
engaged in discussions with the team responsible for building a bridge for Floki Inu.
Another key milestone on the roadmap is the development of a decentralized exchange (DEX) specifically designed for GM, offering a secure and reliable platform for users to seamlessly swap tokens to and from GM. Furthermore, GM would impose listing fees, which would subsequently be allocated towards the project’s marketing initiatives and philanthropic endeavors.
What Is the Circulating Supply of GM Wagmi (GM) Coins?
GM boasts a total supply of 1 trillion, with half of that amount being burned at launch. The remaining 500 billion GM are currently in circulation. Initially, each transaction was subject to a 10% tax, which was allocated as follows: 4% was directed towards the marketing wallet, 4% was utilized for Uniswap auto liquidity locking, and 2% was allocated as reflections.
In order to ensure compliance with U.S. regulatory requirements and foster the project’s continued growth, the team has opted to replace the 10% tax with a 1% flat burn tax applicable to all transactions. This strategic move effectively prevents liquidations while maintaining the token’s inherent deflationary properties. Notably, since its inception, GM has successfully burned 3% of its total supply, in addition to the 50% burned at launch.
The GM Wagmi Network’s Robust Security Framework: A Comprehensive Overview
GM made its debut on Ethereum, a unconventional choice for a meme coin given the platform’s relatively high transaction fees. The team’s decision to opt for Ethereum was driven by its vast user base and reputation as one of the most secure blockchains, boasting a proven track record. This sets GM apart from other meme coins, which often choose to launch on BSC or Polygon.
Ethereum stands as one of the most prominent blockchains, serving as the preferred platform for a multitude of decentralized applications. Its proof-of-work consensus mechanism necessitates the mining of new Ether, thereby ensuring that Ethereum remains one of the most secure blockchains within the cryptocurrency realm. A network of decentralized nodes validates transactions and fortifies the integrity of the Ethereum blockchain.
Will GM Wagmi Soar to $0.01?
Despite the GM token’s meteoric rise to an all-time high of $0.0009, it has subsequently plummeted, shedding over 70% of its value. This drastic decline makes it highly improbable that it will ever attain a valuation of $0.01, although a potential resurgence in price cannot be entirely ruled out.
Acquiring GM Wagmi (GM): A Comprehensive Guide to Exchanges and Marketplaces
GM is listed on prominent cryptocurrency exchanges, including Uniswap (V2), OKEx, Bybit, Gate.io, Bitget, and ZT, ensuring widespread accessibility.
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Delve into our in-depth exploration of GM Wagmi.
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