A newly launched meme coin, Jager Hunter (JAGER), has entered the scene on the BNB Chain, drawing comparisons to earlier tokens like $BOB. Named after a Binance community manager, JAGER is designed to enhance community involvement within the BNB ecosystem.
Upon launch, JAGER saw a sharp price increase of over 160% within 24 hours, peaking at $0.00004432 before stabilizing around $0.000034. This early surge was largely driven by airdrop incentives and speculative trading activity. However, a key concern is that over 92% of the token supply is held by the top 10 wallets, pointing to a high concentration of ownership and potential liquidity issues.
JAGER features a 10% transaction tax, allocated as follows:
4% to existing holders
3% to liquidity pools
3% for team development and operations
While this tax model is designed to sustain the ecosystem, it also results in higher trading costs for users.
Currently, JAGER is available on PancakeSwap, but as a new and speculative meme token, investors are strongly advised to do their own research (DYOR) and proceed with caution.
For a deeper dive, refer to the full analysis on JuCoin.
