Pitbull (PIT) is a community-driven meme token inspired by the Pitbull dog breed, gaining significant traction in the crypto space. Launched on March 17, 2021, on the Binance Smart Chain (BSC), PIT stands out for its decentralized governance, security features, and ecosystem of utilities. Below, we explore its key aspects, products, and future potential.
Key Features of Pitbull (PIT)
High Security
- Locked Liquidity: Transactions automatically contribute to a permanently locked liquidity pool.
- Dead Address Burns: Over 50% of the total supply was burned at launch, eliminating central control.
- Audited by TechRate: Ensures no vulnerabilities or owner privileges.
Staking Rewards
- Holders earn 2% of transaction volumes redistributed to their wallets—no gas fees required.
Community Wallet
- Funds development, listings (e.g., $20K for WhiteBit), and charity initiatives like RoldaORG (dog shelters in Romania).
Pitbull Ecosystem Products
| Product | Functionality |
|---|---|
| Pitcharts | Advanced token analytics and charting tools. |
| PitFarm | Stake PIT-BNB to earn NFTs; proceeds fund community projects and token burns. |
| PitSwap | User-friendly decentralized exchange (DEX) akin to PancakeSwap. |
| PitStore | Merchandise store accepting USD, boosting brand visibility and revenue. |
| PitFund | Charity platform using PIT for donations (small service fee applied). |
PIT Tokenomics
- Blockchain: BSC (BEP-20)
- Total Supply: 100 quadrillion PIT (50% burned at launch).
- Circulating Supply: ~41.12 quadrillion PIT.
- Tax: 4% per transaction (2% to holders, 2% to liquidity).
Distribution
- Public: 46%
- Burns: 50%
- Team/Devs: 0% (fully community-owned).
Where to Buy PIT?
Supported exchanges:
- PancakeSwap (v2)
- BKEX, HotBit, WhiteBIT
- IndoEX, CoinTiger
Roadmap Highlights
- Q2 2021: Launched PitSwap, PitFarm NFTs, and charity partnerships.
- Q3 2021: Expanded CEX listings (HotBit, WhiteBIT).
- Future: Scaling DEX features and NFT utilities.
FAQ
Q: Is Pitbull (PIT) a good investment?
A: PIT’s price surged 3607% historically, but its low market cap implies volatility. Research thoroughly before investing.
Q: How do I stake PIT?
A: Use PitFarm to stake PIT-BNB pairs and earn NFT rewards.
Q: What makes Pitbull unique?
A: It’s 100% community-run with no team allocations, focusing on transparency and utility.
Final Thoughts
Pitbull (PIT) combines meme culture with robust utilities—from DeFi tools to charity platforms. While its growth is promising, always assess risks in the volatile crypto market.
For updates, follow Pitbull’s official channels and track its evolving ecosystem.