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Meme Coins and Utility Tokens

Which of the following is NOT a prominent factor in a meme coins success?
Virality/Hype
Community
Utility
Influencers
Meme coin tokenomics generally offer massive reflection to holders.
True
False
Why do people invest in meme coins?
They are a good long term investment.
They have great tokenomics that revolutionize DeFi.
Their virality can sky rocket the price anywhere from 10x-100x, bringing holders massive profits.
Meme coins have no real risk.
True
False
Utility tokens have a wide functionality but have no real store of value.
True
False
CAKE is the native token of Pancake Swap.
True
False
Which of these does Pancake Swap NOT offer on its platform?
Staking
Lending
Yield Farming
KYC Verification
BNB is the native token of the Ethereum network.
True
False
What is the max supply of BNB?
150 million
500 million
200 million
1 billion
Utility tokens can be used as a payment unit, toll or gas fee, value of exchange, staking or collateral for staking, and governance.
True
False
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