The Arkenstone ($ARKN) Tokens are a meme coin inspired by the Lord of the Rings and the Hobbit. It is a utility-focused crypto innovative project that ensures to redesign of the landscape of decentralized finance (Defi).
This new entry into the crypto space is powered by a decentralized application called the GemLaunch ICO suite. This will allow the investor to see a visible growth in their wealth.
The Arkenstone tokens are developed by the Solana blockchain, and it is an SPL (Solana program limited) for ICO (initial coin offerings). The Arkenstone project is powered by the GemLaunch suit.
With this article, we will guide you to learn more about the Arkenstone token and its exciting features:
What is an Arkenstone coin?
Arkenstone is stealing the spotlight in the crypto space as an upcoming ace that is capable of filling the void in financial inclusion. This will provide individuals with unparalleled access to financial tools and opportunities.
$ARKN is the first utility and meme token offering real-world applications. This is built on Solana focusing on sustainability and eco-friendliness.
This serves as a multitasker within the ecosystem as it operates the gamelunch, staking, and receiving airdrops.
This token acts as a fuel that powers various activities within the Arkenston ecosystem which will boost the demand and the rise of $ARKN price.
There is only a limited token supply of $4 billion available, this limited availability will increase the demand over time making it more valuable.
How to buy Arkenstone ($ARKN) Tokens?
If you wish to kick-start your journey with Arkenstone, follow these steps to get started;
Step 1
If you want to participate in the presale, you are required to get a crypto wallet, how to get a wallet?
- Mobile application: By downloading the Phantom or Solflare app from the App Store or Google Play Store and setting up your account.
- Laptop or Desktop: Download the wallet extension Phanto or Solflare, follow the instructions, and create your account.
Step 2
To buy the Arkenstone token you need to have SOL. Here are the steps to purchase the SOL:
- Navigate to the “SOL ATM” section of the GemLaunch widget and experience super-fast deBridge swaps. With Solana, you can easily fund and participate in the presale using any kind of token or coin from Ethereum-based chains.
- By using a crypto exchange you can purchase SOL and transfer it to your crypto wallet.
- You can also purchase the token directly from the app.
Step 3
Connect to the Arkenstone presale website by:
- Click on the ‘connect wallet’ option on the website.
- Choose your wallet.
- Securely connect your wallet to the presale platform by following the prompts.
Step 4
After following all these steps now you are ready to buy the $ARKN tokens:
- Enter the amount of $ARKN tokens you want to buy or invest.
- Click ‘Buy Now’ to purchase.
- Your wallet will open, and you will be asked to confirm the transaction.
You can receive more tokens for free if you are interested. You can visit the “Reward” section to see your progress.
Step 5
Once the presale ends you will be notified, and you will be provided with the instructions to claim the earned coins.
After following the instructions, you can see your reward earned in your wallet.
You can join the $ARKN community and participate in Arkenstone’s presale with a price increase of 400%.
Where to buy $ARKN?
If you are planning to buy Arkenstone ($ARKN) Tokens you can exclusively purchase it from the official Arkenston website.
Presale Purchase
The Arkenstone ($ARKN) Tokens are only available on the Arkenstone’s official website. By visiting the presale page you can start buying the tokens.
Post presale trading
Once the presale ends, these $ARKN tokens will be available on decentralized exchanges(DEX), later the tokens will be available on centralized exchanges (CEX).
This will help the early investor with buying the tokens directly from the source to get higher profits before they are widely available on other platforms.
Tokenomics
The presale of Arkenstone began on 16th May 2024, by offering one billion $ARKN tokens which means 25% of the total supply during the both public and private presale phases.
Let’s take a look into how the total supply of 4 billion og $ARKN is allocated;
- 25% of the presale value is available during the private and public presale.
- 15% is maintained to ensure liquidity.
- 10% for airdrops to promote a wider range of distribution.
- 15% of staking rewards to encourage holding and network security.
- 30% is dedicated to marketing.
- 5% is for the team and their incentives for their project success.
With the concept of limited token supply Arkenston is aiming to maintain the value of the cryptocurrency. If the supply is limitless there is a chance to decrease the token’s value and demand over time.
The unlimited token supply has to deal with risks such as cashing out of liquidity, which can lead to a negative impact on the investors.
Conclusion
The Arkenstone ($ARKN) is making a wave in the crypto community with its Lord of the Rings-inspired memecoin. Arkensone is built on the SOL blockchain, and it has several real-life applications, making it a significant investment opportunity.
The presale event of the meme coin saw a 400% increase in the ARKN token’s price, meaning that owning them in the early stages may lead to substantial profit.
So, if you are looking to obtain ARKN before it goes live on DeFI exchanges, then follow the steps described here and grab your Arkenstone ($ARKN) tokens now.
