While bitcoin continues to surprise analysts and the entire cryptocurrency community with the unpredictability of its price, the new meme token Love Hate Inu is gaining momentum and showing excellent results in the presale. The volume of tokens sold has already exceeded $7.2 million. The material tells us what the secret of the project’s success is
What is Love Hate Inu
This is a new social voting platform inspired by dog memes. Love Hate Inu uses revolutionary blockchain technology to bet on rewarded votes. Users will be able to participate in discussions and vote on the world’s most controversial and debated issues.
For example, a platform powered by the LHINU cryptocurrency will allow users to voice their opinions on a variety of topics. For example, conduct polls about media personalities including:
- Elon Musk
- Cristiano Ronaldo
- Donald Trump
- Andrew Tate and others.
At the moment, the authors of the voting platform are holding a free contest that shows the work of the platform. Users can cast their vote for love or hate Andrew Tate and get a chance to win $10,000.
To participate, you need to:
5020 $
bonus for new users!
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Earn a 100 $ bonus
for new users!
Крупнейшая криптобиржа, где можно быстро и безопасно начать путь в мире криптовалют. Платформа предлагает сотни популярных активов, низкие комиссии и продвинутые инструменты для торговли и инвестиций. Простая регистрация, высокая скорость операций и надежная защита средств делают Binance отличным выбором для трейдеров любого уровня!
- Go to the Love Hate Inu homepage
- Under the pre-sale section, find the promotion “Vote and get a chance to win $10,000”
- Then you need to click on the “Vote Now to Win” button.
Many experts believe that Love Hate Inu will become very popular in 2023 due to the combination of the meme coin’s virality and unique transparent crypto platform for expressing your opinion.
Participate in Love Hate Inu’s hot pre-sale right now
To fund the development of its platform, Love Hate Inu is currently running a presale of the LHINU token. It’s already safe to say that the presale is going very well with over $7.2 million raised in just a few weeks. The sixth stage of the presale is about to begin, and even with very modest forecasts, the volume of coins sold is expected to reach the $10 million mark.
The success of the presale is unsurprising given that the startup has gone viral on social media. Since the launch of the presale, Love Hate Inu’s Twitter followers have grown from almost zero to over 33,000, and the meme coin’s Telegram channel has meanwhile gained over 14,500 followers. Those numbers are expected to continue to grow in the coming weeks.
Today, you can still manage to buy LHINU tokens at a discounted price of $0.000135. But in just a few days, their value will rise to $0.000145. What does that mean? A simple calculation: if you buy LHINU cryptocurrency today, you can make a net profit of 16% by the time the presale is over.
Investors are attracted by the tokenomics of LHINU
The distribution model of the project affects the interest of cryptocurrency buyers. The majority of the issue is determined for sale. The details are in the table.
| Purpose of application | Share of issue, % |
|---|---|
This is practically nonsense for crypto projects, as most startups keep a much larger share for the project founders and early investors. According to the Love Hate Inu white paper, this approach “ensures that the majority of the cryptocurrency is distributed to community members who believe in the project.”
“It will also ensure that there are no price spikes, creating a solid foundation for the project where the community has a real stake in its success.”
The creators of Love Hate Inu say they will only keep 10% of the tokens in reserve to provide liquidity, fund listings on exchanges and provide rewards to the community.
How high can Love Hate Inu “soar”?
Web3 startup Love Hate Inu is currently ranked number one in the CoinSniper voting. Crypto-enthusiasts are hoping for big growth for Love Hate Inu, as the project combines two fast-growing areas – meme cryptocurrencies and the online survey market.
The online polling market is steadily growing at an average annual rate of 16%, and analysts predict it will reach $13.7 billion in 2016, with Love Hate Inu planning to revolutionize this market by “introducing the first blockchain-based voting platform capable of recording voting results via distributed ledger technology.”
Love Hate Inu’s plan to launch the token on exchanges at $0.000145 means the project will have a market capitalization of $14.5 million at launch. However, Love Hate Inu aims to become “the only online survey platform that really matters.”
If the project shows good growth in 2023 and implements all the outlined plans of its roadmap, such as handing over survey creation to the community, monetizing Love Hate Inu’s data through deals with well-known brands, and integrating into meta universes, the market capitalization of the LHINU token could increase significantly.
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Author: Saifedean Ammous, an expert in cryptocurrency economics.
