PacMoon (PAC)

Community Engagement and Rewards

PacMoon is a community-driven cryptocurrency that rewards users for active participation such as creating quality content, voting on proposals, and engaging within its ecosystem. It focuses on incentivizing quality contributions rather than quantity.

Content Creator Economy

PacMoon supports content creators by offering PAC token rewards for relevant and engaging content shared within its community. This helps boost the presence of projects in the Web3 space and builds a strong content creator network.

SocialFi and Decentralized Governance

PacMoon aims to solve SocialFi challenges by encouraging organic engagement and decentralized governance, allowing users to have a say in the project's development and direction.

Ecosystem and Network

PacMoon operates on the Blast Layer-2 network, which supports its community and content creator economy, helping to build a sustainable and inclusive crypto ecosystem.

Trading and Conversion

Users can acquire and trade PacMoon tokens on various exchanges and convert rewards or airdrops into PAC tokens through platforms like Bitget.

Price Performance and Market Activity

PacMoon has shown strong recent growth, with a 49.30% price increase over the last 7 days, outperforming the broader crypto market and similar Blast Ecosystem tokens. It reached an all-time high of about $0.25 in June 2024. However, its 24-hour trading volume is relatively low and has decreased recently, indicating less market activity.

Community and Ecosystem

PacMoon is a community-driven meme coin on the Blast Layer-2 network, rewarding quality content creation rather than quantity. It has completed multiple airdrop seasons and is known for incentivizing content creators in the Web3 space. The project is moving to the Solana blockchain and rebranding as $ARMY to appeal to a broader audience.

Technology and Development

PacMoon operates on the Blast platform and is transitioning to Solana, which is seen as a better fit for meme coins currently. This move aims to support growth and attract new users. The project has faced challenges, such as changes in social media platforms affecting its SocialFi model, but continues to innovate.

Market Supply and Valuation

The circulating supply is around 980 million PAC, with a market cap in the hundreds of thousands of dollars. The token is not mineable and has a fixed supply. Its price is influenced by supply and demand, adoption, and market events.

Summary

Pros:

• Strong recent price growth and market outperformance
• Community-focused with rewards for quality content
• Transitioning to Solana for better scalability and reach
• Active development and multiple airdrop seasons

Cons:

• Low and declining trading volume indicating limited liquidity
• Price volatility and dependence on social media platform changes
• Relatively small market cap and niche appeal before rebranding
• Challenges in sustaining SocialFi model due to external platform policies

Founders

PacMoon was founded by a grassroots team, with two key founders known by their nicknames: Lamboland and BOBBY.

Team Background

The team includes members who have contributed to the development of PacMoon and the Blast network. They have experience from previous projects and are now focusing on DeFi infrastructure with a 7-member team.

Investors in PacMoon

No specific information about individual or institutional investors in PacMoon is available from the provided data. There are no named investors or venture capital firms publicly listed as backing PacMoon.

Halal Status of PacMoon

No, PacMoon is not confirmed as halal. There is no specific information or certification indicating that PacMoon complies with Islamic finance principles such as the absence of interest (riba), gambling (maysir), or involvement in haram activities. Since halal status depends on detailed screening of the project’s structure and use, and PacMoon has not been listed or verified by recognized halal crypto screening sources, it cannot be declared halal.