Pancat is a scam meme token that was created in 2022 with the goal of outperforming Dogecoin and other popular meme coins such as Shiba. The PANCAT coin is based on the ERC20 polygonal network, which provides powerful block formation. PANCAT has a total supply of 500 quadrillion and a circulating supply of 250 quadrillion. Its price is $0.000000001.
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Pancat is a scam that was created as a meme token. However, the project later announced that thanks to the support of like-minded people, its goal is now to create a free community for education and charity. The token was built on Polygon Network.
Another important goal of Pancat was to create a token that would outshine Dogecoin and other super-famous meme coins.
It should be noted that 38% of the blocked liquidity and 5% of the PANCAT volume were to be available for pre-sale preparation (unused tokens were to be burned).
Similarly, 1% was to be used to help animals and 50% burned in 3 stages as the project developed with speculative tendencies mitigated. The 17 members of the project team were to share 5% by 0.29% among themselves, while 1% was to be allocated to the project development fund (contests, distribution).
Despite the fact that the project gained a lot of interest and had noble goals, it is now dead. The project's website is down, as are all of its social networks. It seems that the project failed to achieve the goals it set for itself. Interestingly, Pancat Telegram announcement channel was renamed to “покупки из китая”, which points to the fact that the founders of this scam project are from Russia.