What is JizzLord Crypto?
With a mantra like 'no rug, just tug' it's unsurprising that JizzLord caught the attention of crypto investors, but what is the meme coin and how does it work?
JizzLord (JIZLRD) is a meme coin launched in 2024 on the Solana blockchain.
Like other meme coins, the token has no intrinsic value or utility and the token's price is largely driven by community and hype.
JizzLord’s whitepaper states it hopes to build a larger ecosystem and bring utility to the token in the future.
What is JizzLord crypto (JIZLRD)?
JizzLord (JIZLRD) is another meme coin on the Solana blockchain, and one of the most memorable and popular for 2024 so far - and with a mantra like ‘no rug, just tug’ it’s unsurprising.
In the words of the JizzLord creators themselves, the vision for the meme coin is “We want JizzLord to be a token you hold for not just the intangible benefit of a good laugh, but the real and tangible benefits of the serious partnerships we are lining up for our holders. Secondly, there is nothing that gets us going more than imagining our holders having to explain to their accountant that they made life-changing gains off of JizzLord. We are rock-hard at work building real utility to support a thriving Jizz-cosystem. Finally, we are all Solana mega-bulls.”
In its pre-sale, JizzLord exceeded its initial goal - raising 1301 SOL, and within days of going live ramped up to a trading volume of $1.2 million.
Read next: Top Memecoins for 2024
How does JizzLord (JIZLRD) work?
Following its pre-sale and launch, JizzLord developers are hard at work bringing utility and hype to the token. While you can buy, sell, trade, and hold JIZLRD tokens like any other cryptocurrency, some other developments include:
Airdrops based on your JizzLord holdings and length of time
Unique promotions, like the FuturePlay Casino event
Social media promotions and partner competitions
You can keep up to date with the latest developments on the JizzLord telegram group and on X (Twitter).
Read next: Biggest upcoming airdrops
JizzLord tokenomics
It’s worth noting the JizzLord whitepaper does not break down the tokenomics of the coin, so we don’t know things like precisely how the token is distributed or how much the developers and creators keep. This can be a red flag for many investors of a pump-and-dump scheme.
Maximum supply: Unknown
Circulating supply: 850M JIZZLORD (self-reported, needs verification)
Distribution: Pre-sale and airdrops
Is there a JizzLord (JIZLRD) airdrop?
Yes. There have been JizzLord airdrops, and there are reported to be more coming in the future months - although it’s unclear on the specifics of which users will be eligible. Currently, all investors know is that investors with more than 50,000 tokens will be eligible, but that the length of holding will also factor into the amount received.
How to buy JizzLord (JIZLRD)?
You can buy, sell, and trade JizzLord tokens on both centralized and decentralized exchanges - though the liquidity isn’t always great as a relatively new token. Exchanges that list the token include:
What’s the future of JizzLord crypto?
Who knows. Like all cryptocurrencies - in particular meme coins - it’s almost impossible to predict what will be a flop and what will continue to have widespread popularity and investment. As always, you should always DYOR and never invest more than you can afford to lose.
As ever, anyone interested in these coins should DYOR, consider their individual investment goals, and remain aware of the inherent volatility and risks associated with crypto - especially memecoins.
JizzLord taxes
Lastly, memecoins, while often seen as a fun and speculative part of the crypto world, come with their own tax implications. Profits from trading or holding memecoins are subject to the same tax rules as other cryptocurrencies.
Read next: How to do JizzLord taxes
Koinly tracks all popular memecoins to calculate your gains and manage your tax reporting. Get your JizzLord taxes done fast with Koinly.
