August 20, 2022/
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A housing market recession is here, according to the National Association of Realtors. Home sales have fallen for six straight…
About Recession Coin
Learn about how Recession Coin (ECON) plans to get you through the next recession.
Recession Coin (ECON) is the holy grail the BSC network has been waiting for.
With the financial uncertainty that the world’s population is facing and will continue to face, the cryptocurrency holders and future cryptocurrency holders will need an insurance policy that will allow them to counter that uncertainty.
We’ve seen the repercussion of inflation on the price of goods, the manipulation present at the root of the monetary systems all around the globe and the downtrend of the financial marketplaces. However, with countless years of experience in finance and trading, the $ECON team strongly believes that the cryptocurrency world will recover from its current hemorrhage. During these difficult times, we aim to build a project and a community that will differentiate itself from the rest by inspiring hope and by crafting unique utilities.
We will reward our holders with the most successful asset in the 21st century, Bitcoin.
We would like to invite you to our telegram, where our devoted team will always be ready to answer your questions and where we will be hosting weekly AMAs to provide you with a clearer understanding of our ambitions!
What is a recession?
A recession is a macroeconomic term that refers to a significant decline in general economic activity in a designated region. It is a period of declining economic performance across an entire economy that lasts for several months/years.
Why Bitcoin?
Bitcoin is forecasted to be, by the greatest analysts in the world, the digital gold standard currency. In the years to come, Bitcoin’s price prediction could surpass the 7 digits benchmark. Today is a great entry point to start building your Bitcoin portfolio and the ECON team is confident that the volume this project will generate will help you in this wonderful journey!
News
- All Post
- Recession
August 20, 2022/
Goldman Sachs expects the economy to slow in the second half but a soft landing is on the cards. In…
August 13, 2022/
Max Levchin says the market is wrong about Affirm Holdings Inc., the buy now, pay later company he co-founded a…
August 10, 2022/
Stocks still have plenty of upside because there won’t be a recession, says Brian Belski of BMO. Wall Street’s biggest…
August 2, 2022/
Inflation is at a four-decade high, and a recession could be near. Credit-card issuers aren’t worried: They are aggressively courting…
August 1, 2022/
Historically, even garden-variety economic slowdowns, much less full-blown recessions, have sent U.S. manufacturers into a deep funk. But right now,…
July 28, 2022/
One looming problem for the pharma industry is a deal in Washington that could allow the government to negotiate drug…
July 28, 2022/
Oil refiners are reaping record profits today. Recession fears are holding them back, though. Valero Energy one of the largest…
July 28, 2022/
Gross domestic product slipped again last quarter. You don’t have to think that the U.S. is in a recession to…
Our Tokenomics
We built a tokenomics model that rewards you regardless of the market conditions.
BTCB Rewards
6% of purchases and 10% of sells are awarded to the reward pool and automatically distributed to holders. The awards are paid out as Bitcoin ($BTCB).
Marketing
3% of purchases and 4% of sales are dedicated to marketing activities which will continue to increase exposure on the project.
Liquidity
1% of purchases and sales are reallocated towards the liquidity pool. With this, traders will be able to buy & sell without liquidity issues. As volume begins to rise, liquidity will begin to increase.
Anti-Whale Mechanism
Ensure users that a transaction cannot be greater than 1% of the total supply. Mechanism won’t necessarily stop whales from selling, but having a maximum limit helps to prevent large selloffs and price manipulation.
Roadmap
June 2022
• Presale Marketing Campaign
• Launching Presale on Pinksale
• Contract Audit & KYC
• Launch on PancakeSwap
• Launch Marketing Campaign
• Airdrop Partnership
July 2022
- Farm & Staking Pool
- Reward Tracker Partnership
- CMC/CG listing
August 2022
- ECON worldwide advertisement campaign
- ECON advocates’ campaign
- Business Development Team Recruitment
- NFT Preview & Whitelist
September 2022
- Merch Store Launch
- CEX Listing
- ECON NFT Collection
October 2022
Q4 - TBA
FAQ
Frequently Asked Questions
This is a massive advantage of ECON compared to other crypto projects. Recession Token, like every coin on the market, might fluctuate in value a lot. In contrast, BTCB presents the highest market cap within all cryptocurrencies, which comes with high stability. Bitcoin’s forecasts are also very bullish in the years to come. These rewards, in result, reduces the risk of your investment. With decent volume, your investment will pay for itself over time.
To set the tolerance on the maximum percentage of price movement you can live with. IT IS NOT A TAX.
It is applied to EVERY TRANSACTION; 10% on buys and transfers (6% gets redistributed to all holders, 3% to marketing, and 1% to the liquidity pool) and 15% on sells (10% gets redistributed to all holders, 4% to marketing, and 1% to the liquidity pool).
Rewards are directly related to trading volume and your bag size. The higher the volume, the more rewards you earn!
