What Is Purple Bitcoin (PBTC)?
Purple Bitcoin ($PBTC) is more than just a cryptocurrency—it's a movement. Unlike corporate-run projects or developer-controlled experiments, PBTC is a fully decentralized initiative driven by individuals who saw potential in something others overlooked.
What Is Purple Bitcoin (PBTC)?
Purple Bitcoin ($PBTC) is more than just a cryptocurrency—it's a movement. Unlike corporate-run projects or developer-controlled experiments, PBTC is a fully decentralized initiative driven by individuals who saw potential in something others overlooked.
Tokenomics: Built for Fairness and Scarcity
Purple Bitcoin's ($PBTC) tokenomics are expertly crafted to drive decentralization, foster sustainable growth, and create long-term value. With a fixed supply of 19,314,746 tokens, PBTC sets a new standard in the cryptocurrency space, offering transparency, fairness, and innovation.
Deflationary Model
PBTC's revolutionary burn mechanism reduces the circulating supply with every transaction, driving token scarcity and long-term value. Additionally, the dust burn mechanism ensures even the smallest token amounts are removed upon wallet liquidation, reinforcing the deflationary nature of the token. Please be advised that this information is gathered by doing some contract analysis by some community members and was not disclosed by the developer.
Transparent Distribution
Over 10,000 holders achieved in record time, demonstrating PBTC's widespread adoption. 80% of the total supply is held by smaller wallet holders, emphasizing a community-driven model of ownership. Only three wallets hold more than 2% of the total supply, ensuring no single entity has outsized influence over the ecosystem.
Sustainable Growth
PBTC's tokenomics are designed to prevent centralization and encourage community-led governance. Every decision, from future development to tokenomic changes, is made transparently by the PBTC community through voting mechanisms.
Immutable and Secure
PBTC's immutable smart contract ensures it is secure, unchangeable, and free from exploits. With renounced ownership, no individual or entity can manipulate the contract, mint new tokens, or alter tokenomics.
The Launch and Developer
PBTC launched with the developer sniping 69% of the supply. After a run-up to a $500K market cap, the developer liquidated 67 wallets for a profit of 290 SOL and exited the project, leaving it to the community.
Community-Taken Over
During this time of restructuring, the community experienced significant volatility as dedicated members stepped forward to take the reins and guide the project toward a new era of leadership and stability. PBTC's market cap plunged to $23K, but dedicated holders refused to let it fail.
The $2M Rally Without Socials
Despite losing all official communication channels, the community rallied. Word of mouth and grassroots efforts pushed PBTC to an astounding $2M market cap, proving the strength of its holders.
Rebuilding and New Highs
New socials were created by core community members, and the project surged to a $3.8M market cap. Today, PBTC thrives as a fully community-run token, driven by collective decision-making and shared goals.
Purple Soltoshi Is Born
The Purple Soltoshi bot was launched on X. Powered by the A16z framework, this autonomous AI agent became a key asset, providing updates and fostering community engagement.
Fundraising Milestones
The PBTC community raised an impressive 132 SOL ($32,000) within the first three weeks of the community takeover. These funds were allocated strategically to strengthen the project's growth.
$14 Million Market Cap
Culminating all efforts, PBTC reached an astonishing $14M market cap, with the price soaring to nearly $0.75 per token. The milestone was a testament to the strength and resilience of the community.
Exchange Listings
Ascendex
https://ascendex.com/en/cashtrade-spottrading/usdt/pbtc Bifinance
https://www.bifinance.com/trade?symbol=PBTC/USDT
