Scar Token was launched as a decentralized meme coin to raise funds to help combat hunger around the world by ‘donating tax fees.’ Despite the vague premise, it’s up 334% today following a CoinGecko listing. Is SCAR going to be the hottest new meme coin? Will the lion, which SCAR uses as its symbol, beat all the dogs? If you want to know the answer or where to buy SCAR now, just read on.
Top places to buy SCAR now
As SCAR is such a new asset, it's yet to be listed on major exchanges. You can still purchase SCAR using a DEX (decentralised exchange) though, which just means there are a few extra steps. To buy SCAR right now, follow these steps:
1. Buy BNB on a regulated exchange or broker, like Binance ›
We suggest Binance because it's one of the world's leading multi-asset trading platforms, an exchange and wallet all-in-one with some of the lowest fees in the industry. It's also beginner-friendly, and has more payment methods available to users than any other available service.
2. Send your BNB to a compatible wallet like Trust Wallet or MetaMask
You'll need to create your wallet, grab your address, and send your coins there.
3. Connect your wallet to the 1Inch DEX
Head to 1Inch, and 'connect' your wallet to it.
4. You can now swap your BNB for SCAR
Now that you're connected, you'll be able to swap for 100s of coins including SCAR.
What is SCAR?
SCAR was launched with an initial 20 trillion tokens and 4 trillion were immediately burnt to kick-start “Scar” Token’s deflationary tokenomics. 2.00% of every transaction (buy, sell, or transfer) is taxed and distributed between all “Scar” Token addresses on that particular chain. 3% of this tax is sent to the liquidity pool and locked forever. That system will incentivize holders to hold, decreasing the circulating supply over time, and help feed every human. Holders earn these rewards immediately and receive them in their wallets automatically.
Should I buy SCAR today?
SCAR is a very new coin, so be especially careful. Carry out in-depth market research to get a better idea and read the official website for more information about the project. Never invest any money you can’t afford to lose.
SCAR price prediction
Price Prediction forecasts that the price of Scar Token will reach at least $0.00000009 next year. In 2023, its price will go up to at least $0.00000013 and at most $0.00000016. The price of 1 token will be at a minimum of $0.00000019 in 2024.
SCAR on social media
— Scar (@scar_token) November 17, 2021