What is HB?
HB is a social experiment with social attributes derived from Elon Musk, the father of Dogecoin. HB has no private placement, no crowdfunding, and is a completely community-autonomous coin. It is issued on the BSC chain, and then 30 billion will be transferred to the heco chain.
A few days ago, HB was issued on the BSC chain and added liquidity. Then it skyrocketed more than ten times in half an hour.
Why is HB so popular?
First, HB has no private placement or public offering. All initial prices are determined by user transactions, and all transactions depend on whether users are optimistic about the project. Therefore, HB has been loved by everyone since its release.
Secondly, HB smart contract mechanism. Due to HB's global first mechanism, the buyer can get 3% of the token of the previous seller, which allows users to actively participate and make big money with small money. In the process of each sale, a 5% fee will be charged as liquidity, which will continuously contribute to the liquidity pool. Each sale will also automatically destroy 2%. Under the condition of continuous deflation of tokens, the price will continue to rise with deflation.
Third, the strong community cohesion. As the innovator of PIG and SHIB, Horseboom is loved by community users. Once it was launched, the community expanded significantly. Users in the group are also actively introducing Horseboom to people in the circle, which makes the HB audience continue to increase. The participation of major communities is also a great help, and the promotion is also increasing every day.
Each project starts small. Just like last year, mentioning SHIB would cause laughter among friends, so that no one could recommend it. Everyone thought SHIB's decentralized governance was a joke. This year, with the surge in SHIB, everyone began to understand SHIB and improve their cognition. As the saying goes, everyone can only make money within their own cognition. When a trend appears, but you are still watching, this is a cognitive problem. In the blockchain circle, one day in the currency circle is three years in the stock market. Continuous innovation is the charm of blockchain culture.
With the demise of various animal coins, we can see who is the real community self-managed coin. As the community becomes more popular, Horseboom has also urgently connected to the HECO chain. With the launch of the HECO chain, what kind of madness can HB bring? We can wait and see.
From the sharp rise of HB on the BSC chain, it can be seen that HB is inseparable from the strong support of SHIB and PIG. After the airdrop to SHIB users, it started to rise and became the dark horse of community-managed coins in the current crypto market.
Just like how ETH skyrocketed from 2 yuan to 23,000 yuan today, the recent myths of Dogecoin and SHIB also tell us that once we have an opportunity, we must learn to hold on to it in order to catch the next wave of wealth code.