What is Pitbull (PIT)?
Pitbull (PIT) is a BSC-based meme coin. It's a part of the dog-themed meme coin family of the crypto world. The project is fully run by the community. Besides, the Pitbull token has an auto-staking mechanism, which rewards its holders simply for having the token.
The project was launched in March 2021 and it has high ambitions in the crypto world. Pitbull plans to be launched on multiple chains, as well as launch its own Pitbull NFT collection, PitMag (a Pitbull magazine), a Pitbull P2E game, and even a Pitbull Metaverse. Besides, it plans to launch (or has already launched) various tools for its token ecosystem, including PitTracker, PitCharts, PitFarm, PitSwap, PitStore, PitStop, PitFund, and PitGames.
The platform also helps out charities. One such charity is Kennel to Couch, which is a charitable organization that works with shelters and other partners to protect vulnerable pitbulls and give the necessary support and inducements for people to adopt pitbulls. Additionally, the project plans on setting up a tool that will automatically donate money to charity when users buy NFTs, merchandise, etc.
On the live Pitbull price chart above, you can find the current PIT price and observe its recent movements.
PIT Use Cases
The PIT coin is used in all areas of the ecosystem.
In PitFarm, users can stake their PIT crypto tokens to redeem original PIT NFTs. These NFTs can be sold on the Pit Marketplace. The profits from these sales go into the running of community projects and charities.
The PitCharts feature gives PIT token holders the ability to analyze all tokens that are running on the Binance Smart Chain. The proceeds made from the ad sales on this chart are redirected back into the community and the project. Recall that you can check the live PIT price on the chart featured above.
The PitFund is a feature that is built for fundraising efforts. Community members can pitch causes for other members to donate to. These donations are made in PIT crypto tokens. A small service fee is charged from each donation and then redistributed back to the community.
There's also PitGames, which allows users to play P2E games. Users can earn PIT tokens by playing these games, as well as use the tokens to purchase NFT game avatars and other items.
On the live chart above, the live PIT price is displayed. In case you are interested in being part of the ecosystem, that is a good place to start your research.
Who Founded Pitbull?
The Pitbull Team is made up exclusively of volunteers since the ownership of Pitbull was relinquished upon its inception. The team's community leaders are Jack (@Jackiboi), Jari (@SevenDigitz), Y.S. (@Y4nnS), Prash (@prashcha), Crypo Lox (@cryplox99) and Kevin (@kndwin). These individuals take on roles such as software engineering, development, communications, marketing, and business development respectively.
PIT Tokenomics
The PIT token has a maximum supply of 100 quadrillions. Half of this amount was sent to a burn wallet during the TGE event. Besides, there is a 500 trillion limit per transaction, and 2% of each transaction is given out to all PIT holders, including the burn wallet. This rewards investors who hold onto PIT tokens and reduces the number in circulation as more are held in the burn address. An additional 2% from every trade goes towards creating liquidity, forming a higher PIT price base.
Don’t forget that you can see the live Pitbull price on the chart above.
