$MT Tokenomics: MemeToro's Fixed Supply and Public Allocation

MemeToro is entering the market with a fixed supply of its token rather than an ongoing inflationary model. The total supply of $MT is capped at 1.2 billion, which is different from Dogecoin's inflationary approach where roughly 5 billion DOGE enter circulation each year.

The largest component of MemeToro's tokenomics is the public allocation, accounting for 71% of the maximum supply or 857,936,900 tokens. This means that most of the $MT tokens are allocated to the public during the presale.

MemeToro also includes a staking mechanism offering 35% APR with a 30-day lockup in Stage 6 of the presale. Over 19.9 million $MT have reportedly been staked under this mechanism, which can reduce the amount of tokens immediately available for trading.