Zuna Coin: A Worthy Investment Or Risky Business?

is zuna coin a good investment

Zuna (ZUNA) is a community-driven token that operates on the BNB platform and the Binance Smart Chain (BSC). It is a deflationary token, meaning it reduces the coin's quantity on the BSC. Zuna was founded by Blake Shannon, who is also the currency's CEO, and co-founded by Josh Harper, Jeff VonKienast, Dan Edwards Jr., Paul Kloepfer, and Jared Harper. Zuna's price shot up by 250,000% and gained almost 15,000 holders in less than a month. It has a strong community and transparent developers, which makes it an attractive investment option for many.

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Zuna's price history

Zuna (ZUNA) is a community-driven token that operates on the Binance Smart Chain (BSC) and was released in late 2021. It is a deflationary token, meaning that the number of coins in circulation can decrease, which is the opposite of inflationary coins, where the number of coins in circulation can increase.

Zuna has had a volatile price history. In less than a month, its price shot up by 250,000% and gained almost 15,000 holders. However, as of June 2024, Zuna's price is $0.0000000002 per ZUNA, which is 99.85% below its all-time high of $0.00000014. This means that the price of Zuna has decreased significantly since its release.

The Zuna platform was founded by Blake Shannon, who is the currency's CEO. It was co-founded by Josh Harper, Jeff VonKienast, Dan Edwards Jr., Paul Kloepfer, and Jared Harper.

Zuna has a fully diluted market capitalization, which means that the total value of the cryptocurrency is calculated based on the latest price if all future coins were in circulation. This is in contrast to a partially diluted market capitalization, where only the current supply of coins in circulation is considered.

The Zuna token has three functions that occur during trade. It also aims to release an astronaut-themed NFT collection, where users can earn $ZUNA tokens as rewards for holding one of the astronaut NFTs. The team also intends to build an NFT marketplace for creating and trading NFT artwork, where every owner of NFTs will earn a percentage of all transactions. This marketplace will be powered by the $ZUNA cryptocurrency.

The Zuna token is also integrated as a form of payment for features for both creators and traders. The network plans to launch a complete cryptocurrency exchange to make finding and investing in new projects more accessible.

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The Zuna team

Zuna is a deflationary token, which means that it reduces the coin's quantity on the Binance Smart Chain. It is developed for massive utility and future projects, with smart contracts running in the form of protocols on blockchain technology. There are three functions of Zuna that occur during trade, and the team is aiming to release an astronaut-themed NFT collection. These NFTs can be traded using the BSC network, and a user can earn a $ZUNA token as a reward for holding one of these NFTs.

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The Zuna ecosystem

Firstly, the deflationary token, $ZUNA, is built on the Binance Smart Chain (BSC) and powers the entire ecosystem. It provides automatic holder reflections, with 5% holder reflections from every transaction, and an additional 5% sent and locked in the liquidity pool for the long-term health of the ecosystem. This means that Zuna token holders can earn more $ZUNA from every transaction. The token also has renounced ownership and a locked liquidity pool.

Secondly, the full-stack NFT Marketplace is also built on BSC, allowing for low fees and fast transactions. It provides NFT creators and buyers with an innovative platform for trading and discovering new projects. The marketplace includes features such as lazy minting, auctions, social networking, $ZUNA integration, and a buy-back system where 2.5% from every transaction automatically buys $ZUNA.

Finally, the limited collection of astronaut-themed NFTs offers an impressive reward system. There are only 1969 NFTs available per collection, with six unique tiers, each offering different rewards and mint prices. NFT holders can earn static $ZUNA rewards for 12 months after minting, as well as a percentage of every WBNB transaction on the ZUNAVERSE.io NFT Marketplace for life, with the percentage based on the tier.

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Zuna's utility and future projects

Zuna is a community-driven token that works on the DeFi system. This deflationary token is developed on the Binance Smart Chain for massive utility and future projects.

There are three functions of Zuna that occur during trade. Firstly, Zuna is aiming to release an astronaut-themed NFT collection. The NFTs of this platform can be traded using the BSC network. A user can earn a $ZUNA token as a reward for holding one of the astronaut NFTs. Secondly, the team of this currency also aims to build an NFT marketplace to create and trade NFT artwork. Every owner of NFTs earns a percentage of all the transactions on the NFT marketplace. This marketplace seeks to run entirely on $ZUNA cryptocurrency. Lastly, as per the whitepaper, the network also seeks to launch a complete cryptocurrency exchange that makes findings and investments in new projects much more accessible. The currency uses media partnerships to promote across multiple crypto-related outlets.

The Zuna platform was founded by Blake Shannon, who is also the currency's CEO. It was co-founded by Josh Harper, Jeff VonKienast, Dan Edwards Jr., Paul Kloepfer, and Jared Harper.

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Zuna's safety

Zuna (ZUNA) is a community-driven token that operates on the Binance Smart Chain (BSC) and was released in late 2021. It is a deflationary token, meaning that it reduces the coin's quantity on the blockchain.

Zuna has three functions that occur during trade:

  • 5% holder reflections from every transaction, with an additional 5% being auto-sent and locked in the liquidity pool for a healthy future.
  • An innovative full-stack NFT marketplace built on BSC with unique features for creators and buyers, and a reward system that benefits the entire Zuna ecosystem and holders.
  • A limited collection of astronaut-themed NFTs with a reward system. Users can earn a $ZUNA token as a reward for holding one of these NFTs.

The Zuna platform was founded by Blake Shannon, who is the currency's CEO. It was co-founded by Josh Harper, Jeff VonKienast, Dan Edwards Jr., Paul Kloepfer, and Jared Harper.

The Zuna token has received positive reviews from investors, who praise the transparency of the developers, the strong community, and the potential for high future gains.

However, it is important to note that the Zuna token is not currently tradable on Coinbase, and there may be some missing data points about the project. As with any cryptocurrency investment, there are risks involved, and it is essential to do your own research and carefully consider your financial situation before investing.

Frequently asked questions

Zuna (ZUNA) is a community-driven token that operates on the BNB platform and the Binance Smart Chain (BSC). It is a deflationary token that powers the entire ZUNA ecosystem.

Zuna Coin offers 5% holder reflections from every transaction, with an additional 5% being auto-sent and locked in the liquidity pool for a healthy future. It also has an innovative full-stack NFT marketplace with unique features and a one-of-a-kind reward system.

Zuna Coin has a poor safety score and is rated as a "Poor Adventurous Nano Cap" investment. The fully diluted market capitalization of Zuna Coin is high, which could be a result of inflating the value of future coins.

Other assets with a similar market cap to Zuna Coin include SHARBI, ZudgeZury, and Dpad Finance.

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