What is BEAR(BEAR)?
$BEAR is a meme token on the XRP Ledger, inspired by the enigmatic figure Bearableguy123, known for his cryptic and playful messages within the XRP community. The token has a total supply of 589,000,000, with the issuer address being permanently disabled (blackholed) to prevent the creation of additional tokens. Reflecting its creator's narrative as a "greedy gambler with anger issues," 90% of the tokens were distributed to the community, while the creator retained 10%. The token's thematic foundation emphasizes humor and speculation, underlining that Bearableguy123 is more of a jesting figure rather than a financial advisor.
Who Are the Founders of BEAR?
The information provided does not specify the individual founders or the team behind the $BEAR token. The token is themed after Bearableguy123, a pseudonymous figure known in the XRP community, but Bearableguy123 is not necessarily the founder or directly involved with the creation of the $BEAR token. Often, meme tokens are created by anonymous or pseudonymous developers who might not disclose their identities.
Tokenomics
The $BEAR token, based on the XRP Ledger and themed after the persona Bearableguy123, is structured with a fixed total supply of 589,000,000 tokens. To ensure scarcity and control over the token supply, the issuer address has been blackholed, making it impossible to create additional tokens. The distribution of these tokens is heavily community-focused, with 90% allocated to the community, likely through methods such as airdrops or other promotional activities, and 10% retained by the creator, reflecting the creator’s self-described "greedy" characteristic. This setup underscores the token’s playful and speculative nature, drawing from the mystique surrounding Bearableguy123 in the XRP community.
Related Pages:
Read more about. BEAR
Learn more about BEAR Ecosystem.
Visit BEAR Website.
Where Can You Buy BEAR?
BEAR is a token trading on the XRP ledger DEX, the most straight forward way to acquire BEAR tokens would be to purchase them through XRPL DEX.
How to stay tuned for further updates?
If you wish to receive more updates about the BEAR ecosystem and upcoming events, we suggest you follow @BearXRPL on Twitter.