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About Pitbull

Pitbull ($PIT) coin is BSC’s dog-themed token, launched by an anonymous team but handed over to the community. In addition to distinctive branding, emphasised by the project’s contributions to charities, it also stands apart thanks to its auto-staking feature which takes a commission off each transaction but redistributes it to all PIT holders.Pitbull prides itself on having a strong community emphasis, illustrated by facts like complete decentralized control, considerable following in the social media, and a fairly developed ecosystem.

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Pitbull Pros and Cons

Pros

  • Active community

    The community is Pitbull’s pride for a reason: its channels in social media are lively and prove that their support is real.

  • Auto-staking

    Pitbull extends to Ethereum, Polygon, KuCoin and Cardano in addition to BSC. All of its deployed versions will have the auto-staking feature.

  • Commuinty-built ecosystem

    Although Pitbull does not have a treasury, its community members have created multiple applications to extend the use cases for the PIT token.

Cons

  • Supply Dilution

    Despite having burned 57% of the total supply and going, over 40 quadrillion tokens remain in circulation. Because of this enormous supply, chances of PIT’s price approaching a sizeable number are slim.

  • Low network activity

    Pitbull’s tokenomics were designed to support high transactional activity: the more the network is used, the more is burned and issued as staking rewards. Although at the peak it had almost reached 100,000 daily transactions, these days this number is closer to a few hundred.

Final Verdict

Pitbull is not the only experiment in community building but it is one of the few that have approached success. Although their social volumes exceed transactional, they check enough boxes to be the BSC’s Dogecoin.

CategoryRating
Security60/100
User-Friendliness30/100
Popularity70/100
Supported Coins70/100

FAQ

What is Pitbull Coin?

Pitbull ($PIT) is a dog-themed meme token on BNB Smart Chain.

Where can I buy a Pitbull token?

In addition to PancakeSwap, PIT coin is available on a few centralized exchanges. To save yourself the hassle of finding them, registering and topping up an account, swap crypto for PIT on ChangeHero!

What is the total supply of Pitbull?

There are 100 quadrillion (100,000,000,000,000,000) PIT, 50% of which were sent to a dead adress on launch.