Meme cryptocurrencies are becoming increasingly popular. They attract the attention of users with their concept. The appeal of these cryptocurrencies lies in the fact that they represent a unique investment opportunity. Many of these digital coins have a huge viral potential that depends on the popularity of the meme they are based on. These cryptocurrencies quickly gather a community of users who actively “promote” them on social media.
The first such coin on the market was Dogecoin. It was created in 2013 based on a meme with a popular dog of the Shiba Inu breed. Later, Shiba Inu appeared as a parody of DOGE. Today, these assets occupy the first places in the top meme cryptocurrencies and continue to attract investors.
However, new promising meme-based digital coins are now being created that offer real utility. One such project is reviewed in this article.
An alternative to Shiba Inu that is actively attracting investors
Love Hate Inu (LHINU) is a meme-based cryptocurrency that is attracting investors’ attention with its huge potential. Like Shiba Inu, it was created based on the popular Doge meme.
Love Hate Inu operates on a unique Vote-to-Earn model. It is an innovative concept that allows users to earn cryptocurrency by taking polls on the platform on various topics.
This means that users can earn LHINU for expressing their opinions online.
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Love Hate Inu has an attractive viral image design. Thanks to it, it has already gathered a huge community of users who actively “promote” the cryptocurrency in social networks. This allows LHINU to quickly expand its audience and increase its value.
Over time, the community itself will decide on which topics to create polls. This makes LHINU a project that aims to develop its users and fulfill their needs. Each member can influence the improvement of the platform. This makes LHINU more attractive to investors who are looking for crypto projects with an open and democratic approach.
Among all presale digital coins with multiple growth potential, LHINU is the cheapest: in rubles, its value is 0.0094 (0.000115 USDT). With each new pre-sale stage, the price will increase, so interested investors should act quickly.
Advantages of Love Hate Inu
Apart from the low cost, there are other factors that ensure the popularity of Love Hate Inu. The project has many advantages that attract investors:
- The project is based on a multi-million dollar online voting and polling industry.
- 90% of the offering is allocated for pre-sale and will be available to the community.
- The steaking mechanism protected by smart contracts prevents spam and manipulation.
- All polls are completely anonymous.
- A simple way to earn extra income.
- The virality of the meme coin will provide a large reach and expand the popularity of LHINU.
- Low cost of tokens at the presale stage.
- At each stage of the presale LHINU grows.
Which cryptocurrency is profitable to invest in
It can be difficult for new investors to decide which cryptocurrency to invest in. Also, beginners usually have a limited budget, so it is better for them to start with presale projects.
There are a lot of presales on the market. New projects appear every 2-3 months. The main factors you should pay attention to before you start investing in cryptocurrency at the presale stage are in the table.
| Advantage | Commentary |
|---|---|
| The project should provide an opportunity to actually use its digital asset – for example, to pay for goods and services on the platform. | |
| This is also called a roadmap, or Road Map. The more detailed the plan, the more likely it is that the creators of the project will make efforts to scale it, which will ultimately have a positive impact on the price. | |
| Firstly, it shows that the project can be trusted, and secondly, it provides potential liquidity for the asset | |
| A limited number of coins, token burning mechanism or staking provides scarcity of digital assets. This is necessary to maintain the price and its growth. | |
| It is very important that the creators of the project are publicly represented and KYC-verified. Also, the smart contract code of the project should be verified by independent auditors. This will ensure the safety of the users’ investments as well as protection from fraudulent schemes. |
What is a cryptocurrency listing
This is a good option for investors who want to make profits in the short term. Cryptocurrency listing is the process of adding a new token to an exchange for trading. Through it, investors and traders will have the opportunity to buy and sell digital assets on the open market.
There are several ways to make money from a cryptocurrency listing. The first is to buy coins before they go public on the exchanges. Once public trading opens, the price can rise significantly, giving early investors the opportunity to capitalize on the sale.
The second way is trading cryptocurrency on the exchange. In this case, if the price of the digital coin begins to rise as the project develops, users will be able to earn more.
The third way is to participate in a staking program, which may be available after listing. In this case, investors can earn passive income thanks to their tokens.
Conclusion
Analysts believe that LHINU has 100x growth potential due to the utility of tokens and the integration of the lucrative voting industry into the blockchain. Experts also expect that once the coins are listed on exchanges, their value can increase many times over.
Before making a final decision, it is worthwhile to conduct independent market research. It is necessary to remember the volatility of cryptocurrencies and the risks associated with such investments.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
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