Boxer Inu is an audited, deflationary token deployed on the Binance Smart Chain. The main reason for creating the Boxer Inu project was that in current times, it has become very easy and cheap to create deflationary and RFI tokens. Therefore hundreds of meme coins are created every week, marketed and launched. People think they’ll get a quick 10x or 5x in the token, invest in the presale or fairlaunch, but what they don’t know is that they become a victim of a pump and dump scheme that leaves the coin with no value and their investment worthless.
The reason that these coins suffer this loss in price and value is that they do not offer any utility or a use case. This is the first sign that makes it evident that these meme coins were only created for one purpose and that is pump and dump. However, with Boxer Inu the team is trying to stop this and is going for a protocol for which DeFi stands for.
