Xiao LongWei $XLW: A burning project on the Avalanche Chain
Grand News Network February 7, 2024
United Kingdom, 7th Feb 2024 – The Avalanche (AVAX) blockchain welcomes its latest addition, Xiao LongWei (XLW), which officially launched on January 31st. Backed by a team that includes individuals with a track record of engaging blockchain ventures—like an NFT-centric gaming ecosystem that notched an all-time high market cap of over $3 million—XLW is here to add a bit of fun and community spirit to the Avalanche network.
XLW introduces ‘squeezenomics’ to its users, applying a 2% burn on buys and sells, a move aimed at adding an interesting twist to the token’s economics without overcomplicating things. This mechanism is designed to be straightforward, gradually reducing supply in a way that could be beneficial for token value, all while keeping the project engaging and community-focused.
Why Avalanche?
Choosing Avalanche as our launchpad was a no-brainer. We’re excited about what the future holds for this blockchain and have been really impressed by the welcoming and active community here. It’s the perfect place for a meme coin like XLW to thrive, offering the right mix of technological robustness and a lively ecosystem that appreciates a good meme when they see one.
Keeping It Real
As a meme coin, XLW’s goal is simple: bring some levity and new dynamics to the Avalanche ecosystem. We’re all about having a good time, building a fun community, and maybe shaking things up a bit with our squeezenomics feature. It’s not about grand visions of disrupting the industry; it’s about adding value in our own unique way and enjoying the journey with our community.
Stay tuned as XLW carves its niche in the Avalanche ecosystem, promising a blend of humor, engagement, and a bit of economic experimentation.
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