A new meme coin, Jager Hunter (JAGER), has recently launched on the BNB Chain, drawing comparisons to earlier tokens like $BOB. Named after a Binance community manager, JAGER aims to foster community engagement within the BNB ecosystem.
Upon its debut, JAGER experienced a significant price surge, increasing by over 160% within 24 hours, reaching a peak of $0.00004432 before settling around $0.000034. This rapid ascent was fueled by airdrop campaigns and speculative trading. However, it's important to note that the top 10 wallets hold over 92% of the total supply, indicating a high concentration of ownership and potential liquidity risks.
The token's economic model includes a 10% transaction tax, distributed as follows: 4% to holders, 3% to liquidity pools, and 3% to team operations. While this structure aims to support the ecosystem, it also introduces higher trading costs for users.
Currently, JAGER is available for trading on platforms like PancakeSwap. Given its recent launch and the speculative nature of meme coins, potential investors should conduct thorough research and exercise caution.
For more detailed information, you can refer to the JuCoin analysis.
