Is Rocket Bunny crypto real and is it a safe investment?

Highlights

  • CoinMarketCap does not track the Rocket Bunny crypto.
  • The Rocket Bunny crypto is a deflationary token and has a maximum supply of 777 quadrillion BUNNY coins.
  • For every transaction on the blockchain of the Rocket Bunny crypto, a four per cent tax is imposed.

The Rocket Bunny (BUNNY) crypto caught the attention of potential investors in Canada as its name surfaced in the trending charts on Monday, October 18. The trends also suggested that people have been enquiring whether the Rocket Bunny crypto is real or not. At the time of writing, the BUNNY crypto’s price had surged by 280.3 per cent in the last 24 hours and it was trading at US$ 0.000000000002 per token.

The cryptocurrency market is experiencing mixed sentiments as out of the two top cryptocurrencies, one is trading in the green and the other is witnessing a price drop. At 5 AM EST, Bitcoin was up by 1.8 per cent and trading at US$ 61,760.33 per token. Meanwhile, Ether, the second-largest cryptocurrency in the world declined by 1.7 per cent in the last 24 hours.

In this article, we will explore Rocket Bunny crypto.

What is the Rocket Bunny crypto?

There's not much information about the cryptocurrency and its market data remains untracked. According to CoinMarketCap, Rocket Bunny crypto is a deflationary token and has a maximum supply of 777 Quadrillion BUNNY coins.

A deflationary token is a type of cryptocurrency that decreases its market supply with time. Users of the project with a deflationary token work on activities that reduce the cryptocurrency's supply on the blockchain network.

Also read: Is Shiba Inu the future altcoin? Know price prediction as it nears ATH

For every transaction on the blockchain of the Rocket Bunny crypto, a four per cent tax is imposed and it is distributed in four equal parts among the holders, liquidity providers, locked liquidity, and The Rabbit's Hole.

Is Rocket Bunny crypto real and is it a safe investment?

The Rabbit's Hole in a cryptocurrency world means a portal that solves a few of the cryptocurrency market's pain points. For example, there's no incentive policy to test the functionality or bootstrap new networks in the crypto world. However, on The Rabbit Hole, crypto networks can reward users for interacting with their smart contracts among other things.

Is it safe to invest in Rocket Bunny crypto

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Bottom line

Investing in a cryptocurrency is always up to you, however, it is important to note that the cryptocurrency market is extremely volatile and exercising extreme caution by researching and reading about a particular crypto asset is important before purchasing it.

Rocket Bunny's market cap and current circulating supply are hidden, and you could only use basic token information to predict its future potential. According to CoinGecko, the Rocket Bunny crypto declined by 85 per cent in the last 30 days and has recorded a surge of 386 per cent in a week.

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It is difficult to predict whether it will remain in a bullish zone or start witnessing a sell-off. The cryptocurrency is still trading 99 per cent lower in comparison to its all-time high of $0.000000000262 apiece posted on May 19, 2021.

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