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An exciting new meme coin, Thug Life, has a low market capitalization and has greater upside potential than large market crypto projects. In 2023, a big problem for many new cryptocurrency projects will be that they set a high hard cap goal for their presale fundraising stage and then launch with a high market capitalization.
Presales of cryptocurrencies with several price tiers that reward early buyers with a discount also contribute to this issue by driving up the market cap and fully diluted valuation (FDV) further and resulting in the well-known ‘ICO dump’ chart pattern when early investors sell their coins for a profit.
According to many analysts, Thug Life Token (THUG), which has a low hard cap of $2,058,000 and only one pricing stage during its presale, is one of the forthcoming low-market-cap cryptocurrencies with a high upside potential.
Thug Life – Combination of Traditional Significance and Commitment to the Community
The meme coin project, according to the Thug Life website, offers a “second chance to people who have been played, influenced, and used as a cash-out, rendering held tokens worthless in the blink of an eye.” The project’s community focus is on overcoming the challenges faced by the crypto ICOs of this year.
Given the novel perspective it offers the meme currency market, numerous industry insiders have predicted that THUG will be a huge success. Dog memes that are out-of-date or passing social media trends are not the foundation of THUG.
THUG is based on the surviving Thug Life movement, which was first made popular by hip hop icons like Snoop Dogg in the 1980s. More people are anticipated to invest money into the project as word of THUG spreads. This is because Thug Life token is prepared to become the following 100x meme coin.
The Thug Life token presale only values the currency at a quite small $2.94 million fully diluted market cap at the presale price of $0.0007 and maximum total supply of 4.2 billion. That is considerably less than the majority of other presale projects of such proportion.
The initiative is attracting interest from the meme coin investing community, and the low presale market value gives it plenty of possibility for rapid growth. Consider that the market cap of Pepe coin, a crypto based on the equally timeless Pepe the frog meme, has soared to roughly $2 billion despite the fact that it serves no actual use.
The video above provides the update of the Thug Life token presale, follow his YouTube channel for more crypto-related videos. Jacob Crypto Bury also manages a Discord community with 16,000 members, where users can get trading tips and learn about the upcoming crypto presales.
Exclusive THUG Token Presale
The one-stage presale pricing structure and low $2.058 million hard cap of the Thug Life ICO create a fair chance for investors. While the liquidity pool is closed for three months after launch, 70% of the 4.2 billion THUG total token supply is also offered for purchase during the presale. 15% of the supply is devoted to marketing, and 15% to giving back to the community.
Queen Elizabeth, Thug Life crowned,
Buckingham Palace, where she’s found.Confirmed ruler, her legacy’s gold,
A regal force that never gets old.$THUG pic.twitter.com/MtxvIR0fi5— Thug Life Token (@thug_life_token) July 5, 2023
Once THUG is launched on its first DEX, Uniswap, Team Finance is going to locked its liquidity pool, and its community rewards system will use airdrops. Before it is listed, THUG can be purchased for a fixed price of $0.0007 by using a MetaMask wallet and converting ETH or USDT for THUG.
Since the start of the Thug Life presale, more than $490,000 has been raised, demonstrating the significant level of interest in its idea and tokenomics, which aims to provide investors with a higher possibility of ROI than other 2023 crypto presales. Take part in the THUG presale at thuglifetoken.com.
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