History of AKITA INU

The AKITA INU token is launched

On February 1, 2021, the AKITA token was launched on the Ethereum network. One of the original "meme coins" to follow DOGE and then SHIB, Akita Inu was launched with a maximum supply of 100 Trillion (100,000,000,000,000) AKITA tokens. AKITA is so OG that there are no taxes or fees incurred during transfers, sells, or buys. As a "social experiment" or marketing gimmick, they also sent 50% of the supply to Vitalik Buterin's wallet, attempting to call these tokens "effectively burned."

The developers which launched the AKITA token committed what became known as a "rug-pull" where they extracted a large value from the community and then abandoned it. Its no surprise when you look at the historical artifact of the original "Akita Inu Token" website, which was poorly crafted, riddled with spelling errors, and heavily pushed Elon and Vitalik as selling points.

Original investors who held onto their tokens chose to coordinate and work together to establish a working project that could leverage or transform the AKITA token. The popularity of meme coins, especially doggos, hit its peak shortly after Elon Musk's appearance on Saturday Night Live, an American comedy show that is responsible for many memes we know today.