# Introducing King Of Memes

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## Description

**King of Memes** ($KOM) is a unique deflationary meme coin that has gained popularity among the crypto community. Built on the Arbitrum blockchain, $KOM offers a fun and innovative approach to cryptocurrency investing while also implementing deflationary tokenomics that incentivize holding and discourage selling.

KOM is a Hyper Deflationary Reward token built on the ARBITRUM blockchain and the governance token for the ecosystem.. It has a total supply of 10 billion tokens, with no plan to mint more. KOM has a tax of 5%, where 1% is for ARB reflection, 3% is for Marketing and 1% is for automatic burn, reducing the total supply over time. This model incentivizes holders to keep their tokens, increasing the value of the token over time.