ArbInu is the biggest memecoin on Arbitrum. Like most memecoins, the project says that it is community driven, owned, and managed. It shows the commitment to the community by renouncing ownership, locking liquidity, completing audit by Solidity Finance, and limiting each wallet to owning 2% ARBINU total supply at maximum. All these actions were completed at or near the time of its launch at the beginning of 2023. The mission of ArbInu is to increase awareness of Arbitrum, a thriving layer 2 solution of Ethereum.
Being a memecoin, ArbInu’s operation and growth pretty much depends on the community of ARBINU holders. The ARBINU token is designed to be deflationary with a capped total supply and a 4% token tax (1% is burnt). This gives ARBINU holders an increase in their bags over time. In addition, ARBINU can be staked to generate extra yields.
ARBINU's total supply is capped at 1,000,000,000 and its circulating supply is unknown.
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