Introduction to Gorilla Token (GORILLA)
Gorilla Token is unique meme token with added utility launched on Ethereum blockchain as an ERC-20 token.
While it embodies fun and viral nature of meme tokens Gorilla Token distinguishes itself by offering practical features that enhance its usability and investment appeal.
These include an IDO Launchpad for early investment opportunities cross-chain swaps to facilitate trading and reduce volatility participation in liquidity pools and leveraging Layer 2 solutions to minimize transaction costs.
A significant aspect of Gorilla mission is its commitment to gorilla conservation efforts around the world.
A portion of transaction fees collected by network is allocated to various organizations and projects dedicated to preservation of gorilla habitats and welfare of this endangered species.
This philanthropic angle not only adds meaningful layer to its investment value but also connects crypto community with global conservation efforts creating positive impact beyond financial gains.
The Genesis of Gorilla Token
Memecoin was conceptualized and launched in November 2023 with aim of merging playful culture of meme tokens with serious impactful goals.
It was introduced at time when crypto community was increasingly looking towards tokens that could offer both value and fun but with a tangible impact on real-world issues.
There is no information about background and status of Token makers available. But platforms clims founders of Gorilla Token are a group of crypto enthusiasts and conservationists who were inspired by urgent need to support endangered species particularly gorillas which face threats from habitat loss and poaching.
Motivated by potential of blockchain technology to rally support and resources for good causes they created Gorilla Token as means to raise awareness and funds for conservation while providing robust investment vehicle for broader crypto market.
This dual-purpose approach reflects the growing trend in crypto sector towards sustainability and social responsibility.
How Gorilla Token Works
Gorilla operates on Ethereum blockchain utilizing ERC-20 standard which is popular for its robustness and compatibility with various wallets and exchanges.
This setup allows Gorilla Token to benefit from Ethereum’s security and decentralized infrastructure.
The token’s operation revolves around several key functionalities:
- Gorilla Pad: Token utilize an Initial Dex Offering launchpad to facilitate early investment opportunities helping to finance emerging projects within and outside blockchain community particularly those aligned with conservation efforts. What’s interesting about Gorilla Pad is that unlike others it doesn’t charge upfron fee minimizing barriers for crypto projects.
- Cross-Chain Swaps: To enhance liquidity and reduce price volatility Gorilla Token supports cross-chain swaps allowing it to operate seamlessly across different blockchain ecosystems. This is crucial for ensuring that token is easily accessible and tradable by broad user base.
- Layer 2 Solutions: By leveraging Layer 2 solutions Token ensure fast and cost-effective transactions. This is particularly important for maintaining efficiency and attractiveness of token in competitive crypto market.
- AI Trading: Platform features an AI Trading mirror trading allowing everyone to follow expert traders effortlessly across various blockchain through groundbreaking AI technology.
Tokenomics of Gorilla Token
The Gorilla Token (GORILLA) operates with a capped total supply of 1 billion tokens a strategic decision aimed at fostering scarcity and enhancing value over time.
The distribution of these tokens is as follows:
- Liquidity: 70% of total supply is dedicated to ensuring ample liquidity in market which is crucial for maintaining smooth and efficient trading conditions.
- Burn: 10% is allocated for token burns a mechanism used to reduce overall supply periodically potentially increasing scarcity and value of remaining tokens.
- Marketing: 4% is used for marketing initiatives to promote token and increase its adoption and visibility.
- Exchange Funds: 8% is divided equally among different exchanges to ensure token is accessible across multiple platforms.
- Staking/Farming: 4% is reserved for rewarding users who participate in staking or farming incentivizing them to hold and lock their tokens thus reducing market supply promoting price stability.
- Treasury: 4% is held in treasury to support ongoing development and ensure long-term sustainability.
Additionally each transaction involving Gorilla incurs a small fee of 0.5% part of which is allocated to conservation projects.
This innovative approach ensure that every trade purchase or transfer not only facilitates economic activity but also contribute directly to gorilla conservation efforts.
This funding mechanism integrates charitable giving directly into token’s use making conservation support an inherent part of token’s ecosystem.
Benefits of Gorilla Token in Conservation
Specific Examples of Conservation Projects Funded by Gorilla Token
Gorilla Token has been instrumental in funding several key conservation initiatives such as:
- Habitat Preservation: Contributions have been made to preserve natural habitats in Africa where gorilla populations are under threat.
- Anti-Poaching Efforts: Funds have helped equip and train anti-poaching units to protect endangered gorillas from illegal hunting and wildlife trade.
The Impact of Cryptocurrency on Traditional Conservation Fundraising and Resource Allocation
The introduction of cryptocurrency into conservation fundraising has revolutionized how resources are allocated and raised:
- Increased Transparency: Blockchain technology allow donors to see exactly where their contributions are going increasing transparency and potentially boosting donor confidence.
- Global Reach: Crypto can gather funds from global pool of donors quickly and efficiently overcoming geographical and financial barriers often encountered in traditional fundraising such as limited banking options.
- Lower Overheads: With lower transaction costs compared to traditional banking systems more of funds raised can be directed towards conservation efforts rather than administrative expenses.
The integration of Gorilla Token into conservation efforts demonstrates potential of crypto to support important social and environmental causes while providing sustainable economic model for its holders.
Acquiring and Storing Gorilla Token
Gorilla is newly launched meme token and isn’t listed on many top tier exchanges however its available on some prominent centralized exchanges like Gate.io.
However I would recommend to purchase it from Uniswap directly because it is more liquidated platform for Gorilla Token trading. In order to do this you can follow these steps:
- Choose a Wallet: Download and install wallet like MetaMask. This wallet integrate easily with Uniswap and provide secure way to store your tokens.
- Set Up Your Wallet: Follow setup instructions provided by wallet app. This will include creating new wallet and writing down recovery phrase. It’s critical to store this phrase safely as it’s your backup.
- Add Funds to Your Wallet: Transfer Ethereum ERC-20 to your new wallet from an exchange or another wallet. ETH is required to trade Gorilla Token and to pay for transaction fees on Uniswap.
- Connect to Uniswap: Go to Uniswap interface and connect wallet. You will be prompted to approve connection to ensure security.
- Trade for Gorilla Token: Once wallet is connected you can swap ETH for Gorilla Token. Enter amount of ETH you wish to swap and Uniswap will show equivalent amount of Gorilla Token you will receive.
- Confirm the Transaction: Review transaction details including gas fee that will be charged. If everything looks correct confirm transaction in your wallet. The swap will then be processed on Ethereum blockchain.
- Verify Your Gorilla Tokens: After transaction is confirmed check your wallet to ensure that Gorilla Tokens have been added to your balance.
Challenges Facing Gorilla Token
It faces intense competition from both other meme tokens and more established crypto with similar conservation-focused missions.
Convincing users to switch from more familiar tokens or to engage with crypto space for conservation efforts can be challenging.
As with any cryptocurrency Gorilla Token must navigate complex and often uncertain regulatory environment of various countries which can affect its adoption and utility.
Being a meme token Gorilla Token might be subject to high volatility.
Rapid price changes can deter potential long-term investors and affect token’s stability as fundraising tool for conservation efforts.
Navigating these challenges requires strategic planning community engagement and continuous adaptation to evolving cryptocurrency landscape.
Future Roadmap for Gorilla Token
The future roadmap for Gorilla Token includes a variety of initiative aimed at expanding its impact both within and outside crypto community.
Key upcoming plan involve Partnerships with Conservation Organizations aiming to establish more partnerships with global conservation groups to extend its reach and effectiveness in gorilla habitat preservation efforts.
The team plan to implement further blockchain integrations to enhance token functionality and security including the development of more robust platform for token holders to engage in conservation funding directly.
Community-Building Efforts
In success of any memecoin project community plays crucial role. Gorilla Token since launch has been running educational campaigns focus on community education regarding gorilla conservation and role of cryptocurrencies in promoting sustainable practices.
Launch of community engagement programs that encourage token holders to participate in conservation efforts possibly through gamification and rewards
Conclusion: The Impact and Future of Gorilla Token
In the end I would say Gorilla Token has established itself as significant player in intersection of crypto and global conservation efforts.
By leveraging blockchain’s capabilities Gorilla Token facilitates direct funding of conservation initiatives ensuring transparency and efficiency in use of funds.
Its innovative approach has not only provided new method for supporting endangered species but also brought attention to potential for crypto to effect positive real-world change.
Looking forward into future team envisions a world where cryptocurrency is standard tool for philanthropy and ecological sustainability.
Through strategic partnerships and continuous technological enhancements Gorilla Token aims to play crucial role in promoting and financing conservation efforts worldwide ultimately contributing to survival and well being of gorillas and their habitats.
This vision underscores potential of integrating innovative tech solutions with traditional conservation strategies to create more sustainable and impactful approach to environmental challenges.
Gorilla Token (GORILLA) Basics
Here are some factors that investors should consider before investing in Gorilla Token (GORILLA).
Cryptocurrency Features | Gorilla Token (GORILLA) (GORILLA) |
---|---|
Publisher or Developers | Jungle King |
Headquarters (Registration Number) | |
Symbol | GORILLA |
Platform | |
Published Date (CMC Registration) | 2024-10-14 |
Max Supply | No limit |
Reliability Score of Gorilla Token (GORILLA) in 2024
These are indexes mesuring the investment reliability of Gorilla Token (GORILLA) conducted by Coin-Labs.com.
Investment Reliability Rating Items | Scores and Current Status |
---|---|
Company Activation Rate | / 10.0 CAR |
Communication Rate | / 10.0 CR |
Technology Transparency Rate | / 10.0 TTR |
Development Participation Rate | / 10.0 DPR |
Listing Status on the World's Top 10 Exchanges | Listed on 1 Exchanges |
Number of Available Pairs Worldwide | 13 Pairs |
Market Cap of the Cryptocurrency | 4,035,234 USD (Rank #1203) |
Gorilla Token (GORILLA) Price
Here are the price and recent trading volume of Gorilla Token (GORILLA). (Data of 2024-10-14 11:25:00)
Price Items | Price and Trading Volume of Gorilla Token (GORILLA) |
---|---|
Gorilla Token (GORILLA) Price | 0.001 USD |
Price Change 24h | 0.18% |
Price Change 7d | 19.90% |
Trading Volume 24h | 11,336 USD |
Trading Volume Change 24h | -3.76% |
Cryptocurrency Metadata
You can check the development status and social media information of Gorilla Token (GORILLA) through the links in the table below.
Metadata Source | URL |
---|---|
🌎 Official Website | |
📖 White Paper | |
🛰️ Source Code (GitHub) | |
🎺 Message Board |
Where to Buy Gorilla Token (GORILLA)
Here are the top ten world crypto exchanges where traders can buy Gorilla Token (GORILLA) in 2024.
Top10 Exchanges | Listed Status | Page URL |
---|---|---|
Binance | Not listed | |
Coinbase | Not listed | |
Kraken | Not listed | |
KuCoin | Not listed | |
Bitfinex | Not listed | |
OKX | Not listed | |
Huobi | Not listed | |
Bitstamp | Not listed | |
Bybit | Not listed | |
Gate.io | Listed | https://www.gate.io/trade/GORILLA_USDT |
Frequently Asked Questions
What is the current price of Gorilla Token (GORILLA)?
Gorilla Token (GORILLA) price today is 0.001 USD. Furthermore, the price of Gorilla Token (GORILLA) has fluctuated by 0.18% from 24 hours ago, and by 19.90% from a week ago.
Where is Gorilla Token (GORILLA) listed?
Currently, it is listed on a total of 1 among the world top 10 exchanges.
What is the market cap of Gorilla Token (GORILLA) now?
Currently, Gorilla Token (GORILLA) has a market cap of 4,035,234 USD, which is ranking 1203 among cryptocurrencies worldwide.
How much is the trade volume of Gorilla Token (GORILLA)?
Currently, 851,865,786 GORILLA coins are circulating through 13 market pairs. As a result, in the last 24 hours, 11,336 USD of GORILLA coins were traded in the market.