Analysis
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Insights
# | Wallet Address | Type | Balance | % Total Supply | Net Worth |
---|---|---|---|---|---|
99
23/34
positive markers
2/34
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Last Checked 19 Sep 2024
GoPlus Security Stats
FAQs
Gekko, or Gekko HQ, is a meme-based cryptocurrency project known for its unique GEKKO token. It doesn't have a specific use case other than being an ERC-20 token and is associated with a meme-driven approach to garner hype.
For more information regarding Gekko HQ and the GEKKO meme coin, make sure to read our in-depth article analyzing the Gekko HQ crypto!
While the project doesn't explicitly state its inspiration, it appears to draw from the character Gordon Gekko from the Wall Street movies, as evident from images and quotes available on the project's official website. "HQ" likely stands for headquarters, and the project emphasizes three rules: playing in the big league, being greedy, and valuing information.
The community of the Gekko HQ crypto project is referred to as the "lizard army." It is open to anyone holding the GEKKO token and offers interaction through the project's social media accounts and Telegram group.
The GEKKO token's unique feature is its "great flippening," where the project aims to burn 70% of its total supply when its market cap surpasses certain assets on its hit list. The project has already surpassed a few of these assets, making its tokenomics noteworthy. However, the success of this mechanism is subject to the coin's ability to reach the targets on its hit list.
"The great flippening" is a mechanism in which the Gekko HQ project commits to burning 70% of the GEKKO token's total supply whenever its market cap surpasses specific assets on its hit list. This mechanism introduces a potential deflationary element to the token's economics.
Deciding whether to invest in $GEKKO depends on your interest in meme coins and your risk tolerance. The project reached a $300 million market cap, making it noteworthy, but it's essential to conduct thorough research (DYOR) before considering an investment.
You can buy the GEKKO token on this Moralis $GEKKO page (above), which provides a swap feature for easy and secure ERC-20 token exchanges. To do so, you need to connect your wallet, select the token you wish to use, specify the amount, and complete the transaction.