Basenji is a cryptocurrency project inspired by the ancient and revered Basenji dog breed, known for its intelligence, charm, and historical significance in Ancient Egypt. The project is built on the Base network and aims to create a lasting legacy in the digital landscape, much like the timeless history of the Basenji breed. In other words, Basenji aims to be the dog memecoin on the Base chain.

$BENJI is the native token of the Basenji project, with a total supply of 1 billion tokens. It is designed to be a straightforward and enduring token with unique features such as a 0% buy and sell tax and a renounced contract with liquidity burnt to ensure long-term stability and trust in the ecosystem, all quite common for memecoins.

The primary purpose of $BENJI is to serve as the main utility token within the Basenji ecosystem. It is used for transactions, governance, and as a medium of exchange within the Base network, aiming to provide a seamless and tax-free trading experience for its users.

$BENJI’s main use cases include:
- Transactions: Facilitating seamless and tax-free buying and selling within the Base Network.
- Governance: Allowing token holders to participate in decision-making processes and influence the future direction of the Basenji project.
- Incentives: Rewarding users and contributors within the ecosystem.
- Merchandise: Purchasing Basenji-themed merchandise and other offerings.

The value of $BENJI is determined by several factors, including:
- Market Demand: The demand for $BENJI in the market influences its price.
Supply: With a fixed supply of 1 billion tokens, scarcity can play a role in its valuation.
Utility: The more use cases and applications $BENJI has within its ecosystem, the higher its potential value.
Investor Confidence: The trust and confidence of investors, bolstered by features like the renounced contract and liquidity burn, can impact the token’s market value.

The project’s official website doesn’t offer any specifics about the initial $BENJI token distribution. However, the information does ensure that the token has a balanced and fair allocation, fostering long-term growth and stability. You can explore the current live distribution on Base via the “Supply Distribution” option on this page.

$BENJI brings several technological innovations to its ecosystem, including:
- 0% Tax Structure: Ensuring a seamless and cost-effective trading experience.
- Renounced Contract: Enhancing trust and security by eliminating the possibility of future contract changes.
- Liquidity Burn: Committing to long-term value by removing a portion of the supply permanently.

$BENJI stands out from other cryptocurrencies through its unique combination of historical inspiration, a 0% tax on transactions, a renounced contract, and burnt liquidity. These features collectively enhance user trust, security, and the overall value proposition of the token.

Like with most memecoin projects, the details about the Basenji team are not publicly available. However, if you are interested in exploring this furthenr, you may obtain information about the core team behind Basenji and $BENJI by contacting the project via their official email at [email protected]. The team is pointing out its commitment to transparency and security by highlighting their Certik audit certification.

$BENJI has undergone a thorough security audit by Certik, a leading blockchain security firm. This audit helps ensure the integrity and safety of the token and its smart contracts, providing an added layer of trust for investors and users.

$BENJI fosters community engagement by offering various incentives and rewards for active participation. The token also supports community-driven governance, allowing users to have a voice in the project's development and future initiatives.

When it comes to exploring the $BENJI token price and its live on-chain metrics on Base, there’s no better place than this page. But if you are interested in the Basenji project’s progress, latest partnerships, new potential token utilities, and other announcements, then you need to check out the project’s official website, social media channels (like X (former Twitter) and Telegram), and other official outlets. You can find links to these sites in the “Basenji Links” section on this page.