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HOGE price is trading below the key moving averages, showing bearishness.
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Hoge Finance price has decreased by almost 30.47% showing the weakness in the price.
HOGE, initially known as Hoge(dot)Finance or Hogecoin, is a decentralized finance (DeFi) token that operates on an auto-staking mechanism with a fixed and diminishing supply. The project was launched equitably on February 7, 2021, without any pre-allocated tokens for the development team. The starting supply was set at one trillion HOGE, with half of that amount being irrevocably burned at the outset.
Each HOGE transaction incurs a 2% fee, with approximately half of this fee being transferred to a burn address, effectively reducing the total supply over time. The other portion of the fee is distributed among all HOGE holders not on exchanges, incentivizing holding and reducing supply on the market.
Originally conceived as a deflationary counterpart to Dogecoin with DeFi features, H
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