DumbMoneyPrice

(GME)

DumbMoney (GME) is a cryptocurrency project primarily built on the Ethereum blockchain. It launched on November 3rd, 2023. The project positions itself as a token for the "small investor" or "regular guy or gal," having emerged in the wake of the GameStop stock phenomenon in 2021. DumbMoney draws inspiration from the "APE" community, aiming to symbolize a united community that stands against conventional markets. The ethos of DumbMoney revolves around altering perceptions about investments and creating an "Ape Assembly" of individuals who feel overlooked by traditional financial systems. A core principle emphasized by the project is long-term holding, known as "HODL," rather than engaging in frequent trading. The native token, GME, is intended to facilitate transactions and provide access within its ecosystem. It aims to offer utility in decentralized finance (DeFi) platforms for borrowing and lending, thereby promoting financial inclusion. DumbMoney also identifies as a meme coin, using popular culture and humor to engage its community while carrying a narrative focused on empowerment and unity. The project has a stated total supply of 1 billion tokens. It features a 0% tax on buys, sells, and transfers. Additionally, DumbMoney has a subsidiary called DOGBOT, a multi-chain sniper bot on the Solana blockchain, which uses a portion of its transaction tax to purchase and burn GME tokens weekly. Some platforms note that the token is unverified and advise users to only interact with trusted tokens. Learn more

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