Muskito is the meme token making waves in the cryptocurrency world. Its unique name, derived from a blend of Elon Musk and mosquito, symbolizes their commitment to supporting the meme community.
The tokenomics of Muskito is designed to incentivize long-term holding by selectively buyback tokens with a market cap below $3 million. This approach aims to drain the blood out of paper hands who quickly sell their tokens and create a more stable market for investors. The $MUSKITO wallet is used for these buybacks and also serves as a way to reward those who hold the tokens long term.