Xiglute Coin

Xiglute Coin (XGC) is a digital asset that operates on the Ethereum blockchain, following the ERC20 token standard. It is a community-driven token that seeks to be utilized within the Xiglute social network. XGC employs three key functions: Reflection, Liquidity Pool (LP) acquisition, and Burn. Each transaction involving XGC is taxed a 4% fee, which is divided into two parts: 2% is redistributed to all existing holders, and 2% is added to the liquidity pool and burned. This mechanism strives to encourage holders to retain their tokens and create a solid price floor, thereby aiming to maintain stability in the token's value.

Xiglute Coin operates through a unique protocol that involves static rewards, LP acquisition, and automatic burns. The static rewards, also known as reflection, are designed to alleviate the downward sell pressure on the token caused by early adopters selling their tokens. This mechanism encourages holders to keep their tokens to receive higher compensations, which are based on the total tokens held by the owner. The LP acquisition function seeks to create a solid price floor by absorbing tokens from sellers and buyers and adding them to the liquidity pool. The automatic burn function is controlled by the team and promoted based on achievements, aiming to reward and inform the community.

Xiglute Coin aims to be integrated with the Xiglute Social Network, providing usability within the network for purchases and transfers. The launch of the X COIN app is intended to bring XGC to the palm of users' hands, allowing balance checks, transfers, and access to imported products. The app also seeks to offer users the exclusivity to sell their products through the XGC currency. Furthermore, XGC aims to be used in a new brokerage that handles a large volume of transactions daily, expanding its potential use cases and reach.

Xiglute Coin was launched by developer and founder Dário Cândido de Oliveira. The official launch of XGC took place at a value of 0.0000000777, and it has since experienced growth. The coin has been listed on various platforms and has undergone several strategic plans, including multiple coin burns to control the supply and potential of XGC. The coin's integration with the Xiglute Social Network and the launch of the X COIN app are part of its strategic plan to increase its usability and potential.