Muskito is the meme coin that is making waves in the cryptocurrency world. Its unique name comes from a combination of Elon Musk and a mosquito, representing their commitment to supporting the meme community.
Muskito's token economics is designed to incentivize long-term holding through targeted buybacks of tokens with a market cap below $3 million. This approach is designed to drain the blood of paper hands who quickly sell tokens and create a more stable market for investors. The $MUSKITO wallet is used for these buybacks and is a way to reward those who hold tokens for a long time.