$SCORGI Fundamentals.

3 min readMay 6, 2021

$SCORGI is NOT your regular memecoin. It’s not common to find a memecoin that has strong fundamentals. My intention is to quickly give you an overview of SpaceCorgi and tell you why I believe in it so much. Lets get to it!

Tokenomics

Total supply was 1000 Trillion but, 50% was sent to a burn address for deflationary tokenomics via autostaking. Burn address is: 0x000000000000000000000000000000000000dead

3% of tokens are reserved in marketing wallet for community benefit.

500 Trillion circulating at launch.

Liquidity is locked, and ownership renounced. https://bscscan.com/tx/0x1be7475e705d3c8c204526c868f5a57eb5b80503acee47007e364015169e855b

Autostaking and Deflation

Upon transcatcion, the 4% fee is proportionally redistributed to all wallets. 3% of this goes to the liquidity pool (Thus making a rugpull imposible) and the remaining 1% goes to holders. Since 50% of the tokens are owned by a dead wallet, 0.5% of all transaction volume is burned. By making all the tokens scarcer with every transaction, a real deflation will push the price higher.

I hope you’ll rejoice when I show you this:

Credit to @Cypto_Penn. https://twitter.com/Crypto_Penn/status/1390273716337184770?s=20

Of all wallets currently holding the token, the top are 2 team smart contracts and the next biggest is the team’s marketing wallet — The only legit top holder is 1.4% The REST of the top holders are less than 1%. Pure balance across the page.

What’s next?

Do you know any memecoin with day one utility? I certainly didn’t before finding SCORGI.

Partnership with Scoopers.club, the world’s first dog waste removal app (available on iOS and Android). Scoopers engineers are working tirelessly to incorporate $SCORGI as a form of payment. $SCORGI is more than just a meme.

Other partnerships are in the making.

Marketing iniciative

At the time of writing, $SCORGI has done 35x from presale and has not even been listen on coingecko or coinmarketcap yet. Both listings are coming very soon. The marketing campaign is just beggining, in the following days, TikTokers are confirmed to start taking this project to new highs.

And the dev will soon be doxxing himself. He’s very present in the telegram and is very clear on what is being done. He regularly joins voice chats and I must say, I have never felt that my funds were in such secure and skilled hands in such a young project.

To conclude, let me say that we are still very early. The upside is insane. With the autostaking mechanism, the deflationary nature of the token and the guarantee that this isn’t just another rugpool, this is a very comfortable hold for me.