What is CIGARETTE(CIG)?

Basic information about CIG

Coin name:

Cigarette

Coin symbol:

Coin introduction:

The Cigarette Token is a token issued by a part of the Cryptopunk community. Its goal is quite open yet and has to be determined by the whole PUNK community, but currently it is the token used in the social game of the $CIG webpage: There is a "CEO of Cryptopunks", and there can only be 1. His role is associated with a unique NFT on the Ethereum Blockchain, proving him to be the CEO, which changes from Ethereum address according to who is the new CEO. The way to become the new CEO is by paying the chosen amount X of $CIG presettled by the previous CEO. If this amount X is too low, then someone stealing his CEO position will be more likely. But if it were too high, then the tax that the CEO has to pay (0.1% of the amount X) would be too high and the deposit that the previous CEO had to put initially would run out faster. There is the game equilibrium. The "CEO of Cryptopunks" can write a Graffiti message in the web so that everybody can see it. They can also change the emission rate of $CIG by 20% each time, with a cooldown time of 2 epochs. It starts from 1000 $CIG emmitted per block, which is the maximum, and there is also a minimum emmision rate. The $CIG are emmitted to the LPers of the CIG-WETH pair in Sushiswap in a linearly proportional way, just as in any other liquidity mining program. It can also be considered a Christmas airdrop to the PUNK community, where each PUNK holder is gifted with 100k CIG per PUNK they hold. It is similar in spirit to the style of the $SOS token, but focused on the more specific PUNK community. Hopefully, the PUNK community revolves around it with time and may use it for a wider variety of purposes, like a more advanced game or a DAO. Due to the decentralized nature of the project, it is not possible yet to determine how will it evolve.

Current Price:

$0.000523More coin details

All-time high:

$0.02

All-time low:

$0.000063

CIG Supply Info and Tokenomics

Circulating supply:

2,230,267,059

Total supply:

2,230,267,059

Max supply:

Market cap:

$1.17M

Fully diluted valuation:

$1.17M

What is the outlook and future value of CIG?

The current market cap of CIG is $1.17M, ranked 3450 in the market, showing that the market already recognizes the value of CIG. When a bull market arrives, the market cap of CIG may continue to grow.

Moreover, if CIG can play a greater role in real-world applications—such as if the Monero developers can fully empower CIG and establish partnerships with more business partners to expand its user base—then the long-term value of CIG will be further enhanced.

What is the price of CIG in 2027?

According to the historical price performance prediction model of CIG, the price of CIG is expected to reach $0.000549 at 2027.

Note: As with any crypto investment, investors should closely monitor CIG’s performance and stay aware of the risks. The crypto world is highly volatile, and adequate research and preparation are necessary.

How else can I get CIG?

Purchasing CIG with cash is not the only way to obtain CIG. If you have enough time, you can get CIG for free.

Learn how to get Hot rewards for free with CIG.

Earn free CIG by inviting friends to join LBank My Activity|LBank Reward Center

Join LBank Launchpad to get CIG airdrops for free.

All crypto airdrops and rewards can be exchanged for CIG through LBank spot trading.

Buy CIG starting from $1

What is CIG used for and how to use it?

The use cases for CIG may grow with the development of the crypto market and project progress. Currently, you can use CIG to:

Arbitrage trading of CIG

CIG is frequently traded, with constant price fluctuations. You can profit from buying low and selling high. LBank Spot market offers many CIG trading pairs to suit your needs.

Earn yield with CIG

You can also lend out CIG or use other Earn products to gain returns. LBank Earn platform provides a wide variety of investment products to help you maximize your CIG gains.

Send or pay with CIG

If you want to pay someone with CIG, you can easily and quickly send CIG to them using their receiving address.

You can also visit the official website of Cigarette to learn more use cases of CIG, such as whether the Cigarette project supports community/eco apps or buying physical or virtual goods with CIG.