Cocoro Meme Coin Soars 100% in Debut as Kabosu's New Pet Tokenomics Unveiled
1min read Cocoro, a meme coin launched by Kabosu, the owner of the original Doge meme prototype, has announced its tokenomics. The token, based on the Base network, is named after Kabosu's new pet, cocoro. The tokenomics reveal that 75% of the liquidity pool (LP) will be permanently locked, with the generated fees distributed equally between the Decentralized Autonomous Organization (DAO) and Atsuko. This measure is aimed at preventing front-running and ensuring stability. The liquidity pool was deployed immediately after Atsuko's announcement on her blog, starting from approximately a $1 million fully diluted valuation (FDV).
Additionally, 20% of the tokens will be airdropped to holders of DOG and Neiro, targeting the community as a significant part of the token distribution. The remaining 5% will be reserved for the DAO. Kabosu emphasized that this initiative is a response to previous unauthorized use of her pet's image for token launches. She has given her blessing to Own The Doge, a community she has been closely collaborating with, to create the official Cocoro token. The token contract address is 0x937a1cFAF0A3d9f5Dc4D0927F72ee5e3e5F82a00, ensuring that it can support Kabosu personally, as well as charities and the community she cares about. More information about the token will be released on Twitter by OTD.
