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Thug Life (THUG), a recently launched hip-hop-themed meme cryptocurrency, has raised a whopping $296,000 in less than a week. The newly started presale phase of Thug Life is creating waves in the cryptocurrency community as it is the latest entry into the meme coin sector.
Thug Life – A Meme Coin for the Community
Thug Life arrived with a unique and alluring approach, capitalizing on the growing popularity of meme currency. THUG links its design to the enduring Thug Life movement, made known by hip-hop icons like Snoop Dogg, 50 Cent, and Ice Cube.
The Thug Life coin wants to provide a platform for resilience and give optimism to people who are sick of being pushed worthless projects by paid influencers by fusing nostalgia with humor.
The initiative has sparked significant attention on social media channels like as Twitter. In addition, the official Telegram community for Thug Life has experienced a substantial rise in new members.
The Thug Life project has already generated a ton of publicity due to the community members’ enthusiasm and energy, making it stand out from other meme coins. Although THUG lacks utility, other meme tokens have experienced explosive growth in value since their introduction.
PepeCoin, similarly, has lacked utility and experienced a 6,000% increase following its initial coin offering. Without utility, SPONGE increased by more than 3,000%.
See our guide to the best meme coins to buy here.
THUG Single-stage Presale
Thug Life has managed to raise almost $290,000 in funding despite only opening its presale on Wednesday, June 30, 2023, demonstrating its enticing appeal. Early investors can purchase THUG tokens for just $0.0007, and there are no planned price increases throughout the presale’s duration, which adds to the attraction of the offering.
You know what time it is. All interactions with this tweets are noted.
🔑 Tag frens, drop wallet addy and keep an eye on DMs for $THUG pic.twitter.com/m5hPpKurTw
— Thug Life Token (@thug_life_token) June 26, 2023
Low-cap crypto traders seem to agree that THUG, if it launches on the open market, might become the next big meme currency due to its distinct value proposition and attractive tokenomics.
The rapid adoption of THUG is a reflection of the novelty of its offering and suggests that it has the potential to become the next meme coin to dominate the market.
The video above provides a thorough overview of the Thug Life crypto presale, follow his YouTube channel for more crypto-related videos. Jacob Crypto Bury also manages a Discord group with 14,000 members, where users can get trading tips and learn about the upcoming crypto presales.
Thug Life Appealing Tokenomics
The investor-friendly tokenomics of the Thug Life project are yet another noteworthy feature. 4.2 billion THUG worth of the project’s supply is accessible during the presale, which is a significant portion (70%) of the total.
The fast expanding Thug Life group is supporting this distribution approach since it guarantees that early backers will have the majority of the supply. Additionally, the Thug Life team has promised to lock liquidity for three months after its DEX debut, protecting investors from future rug pulls.
The fact that the developers have a liquidity lock in place demonstrates to investors that they are committed to the initiative rather than just wanting to make a quick buck. The creators’ dedication to investor engagement is further evidenced by the tokenomics structure, which also allots 15% for marketing and another 15% for community awards.
Giveaways and an airdrop campaign, which are planned to begin once THUG has had its first DEX listing, will be funded by the community rewards part. Take part in the THUG presale at thuglifetoken.com.
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