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Twink coin – get to know what it is and whether it is real.

Twink coin – get to know what it is and whether it is real.

Have you considered the Twink coin, and is it worth investing in? What altcoins are worth the attention of motivated and serious crypto investors today?

Whether you’ve been interested in blockchain technology for a long period or this is your first time encountering it, you know how rapidly the industry has advanced and the opportunities to profit from it.

Without a doubt, we’re talking about one of the most interesting “snack cake” coins with which you’ll only experience the crash from sugar. Thanks to numerous headlines in the media and articles with deep discussions about cryptocurrency in general, the famous Hostess decided to launch its own, the famous Twink Coin.

So, what exactly is Twink Coin all about? Why is the crypto community’s attention suddenly seriously focused on this coin? Let’s see!

What is Twink Coin?

Twink coin is currently the latest attraction in the crypto market. It is a crypto-inspired digital currency that emerged from the beloved food industry and became one of the unique products in the crypto sphere. Such a novelty on the market attracted numerous crypto enthusiasts to consider it their new collectible item for their portfolio.

It’s also known as a twinkle or twink-coin, which emerged thanks to their developers, whose goal was to publish a new take on Hostess Twinkies, one of the most favorite limited edition items according to fans. They aimed to develop a one-of-a-kind investment with fantastic crypto branding that consumers could acquire to satisfy their food/snacking needs. 

First crypto coin shaped like a golden sponge cake

In addition to 12,000 cryptocurrencies, the $TWINKcoin refers to the first shaped like a golden sponge cake. What also makes this coin so special is that it’s a crypto with a stable value and, without a doubt, is extremely delicious. 

Are Twink coins the same as original Twinkies?

Regarding a Twink coin, it’s no wonder they’re crypto-themed Twinkies, i.e., they aren’t distinguished from the original Twinkies. They do have a similar synthetic cream filling and cake. Nonetheless, $TWINKcoin, the pecuniary pastries, deviate from the traditional cylindrical mold and take the form of coin-shaped discs. 

Rather than alluding to blockchain or requiring any cryptocurrency expertise, the playful inclusion of the dollar sign in its name pays homage to the $Cashtag convention used for tracking online discussions about specific assets. Enjoying $TWINKcoin doesn’t necessitate any familiarity with digital currency.

What was the issue with the term “Twink coin”?

In the cryptocurrency culture, we have witnessed a lot of interesting names and terms regarding digital currency. Hostess’ choice to label their creation as “$TWINKcoin” demonstrates a shameless embrace of gimmickry and generated concern within internet circles. 

This raised eyebrows, as the term “twink” carries a reductive connotation in queer slang, regardless of whether or not it may have originated from the treatment itself. In some respects, this moniker is uncomfortably reminiscent of the AYDS diet candy campaigns from the 1980s, whether it was an oversight or not.

Twink coin statistics and tokenomics

Market cap: $655.29
Price: $0.000000006604426796
Launched On: 2022-07-12

Introduction to CAKE REWARDS! 

By simply holding $TWINKcoin in your wallet, you will automatically receive extra delectable CAKE treats! Enjoy the benefits of a 2% distribution to holders with every BUY/SELL transaction!

How to buy a Twinkle coin?

Get Coinbase Wallet: Download the self-custody wallet from Coinbase, accessible as a mobile app or browser extension.
Pick a Coinbase Wallet username: Choose a username to easily receive crypto from other Coinbase Wallet users.
Safely save your recovery phrase: Keep the private 12-word recovery phrase secure, as it grants access to your crypto. Jot it down on paper and utilize Coinbase Wallet’s cloud backup functionality.
Comprehend and prepare for Ethereum network fees: Ethereum fees fluctuate based on network activity, transaction complexity, and desired speed. Allocate funds for transaction fees. Expand your knowledge of Ethereum fees.
Purchase and send ETH to Coinbase Wallet if necessary: Establish a Coinbase account and acquire Ethereum (ETH). Follow the instructions to transfer ETH to your Coinbase Wallet through the mobile app or Chrome extension.
Utilize ETH to acquire Twinkle: After adding ETH to Coinbase Wallet, exchange it for Twinkle within the app or extension. Access the trade section, select Twinkle as the asset, input the desired amount of ETH, and ensure you have enough for transaction fees. Confirm the purchase and follow the on-screen instructions to finalize the process.

Other crypto coins inspired by the food industry

Setting aside cringeworthy names, the intersection of cuisine and cryptocurrency is not a novel occurrence. Long Island Iced Tea, a beverage manufacturer based in New York, witnessed its stocks surged over 200% when it rebranded as “Long Blockchain Corp.” in 2017. 

Taco Bell, in 2021, enthusiastically joined the trend of crypto collectibles by creating and promptly selling out their non-fungible tokens (NFTs). Even Pringles jumped on the bandwagon, launching limited edition CryptoCrisps during the same year.

However, don’t expect to find $TWINKcoin on Coinbase anytime soon. The only thing guaranteed to strike gold is your teeth when you purchase these sponge cakes. Currently, these crypto-infused treats can only be acquired exclusively through PopWild. 

But like digital currency, the supply is limited. Those eager for these sweet shekels are restricted to purchasing 3 boxes per person, and they will be available only until August 8th.

The post Twink coin – get to know what it is and whether it is real. appeared first on FinanceBrokerage.

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