Meme coin sensation Love Hate Inu has just surpassed the $2m funding milestone during its presale – all in less than three weeks.
This remarkable feat has been achieved thanks to the presale’s enticing token discount, which enables early investors to buy tokens at a lower price than the future exchange listing price.
However, with the allocation for Stage 3 of the presale likely to sell out, investors must act quickly to get involved at the most advantageous price point possible.
Love Hate Inu’s Presale Becomes an Overnight Success
Even the most popular presale cryptos often take months to generate $2m in funding – yet this wasn’t the case for Love Hate Inu. As mentioned above, the project’s presale has surpassed this milestone in less than three weeks and is already trending to hit its hard cap soon.
This hard cap is set at just over $10m, which would be an incredible achievement and enable the development team to launch the platform seamlessly. However, there’s a long way to go before this funding goal is reached – meaning investors still have time to buy LHINU at a discount.
Love Hate Inu’s presale is split into eight stages, with Stage 3 currently ongoing. This means early investors can acquire LHINU for just $0.000095, with a minimum investment of only 10 LHINU tokens.
Excitingly, Love Hate Inu’s team has already revealed that the token’s future listing price will be $0.000145. Ultimately, this means Stage 3 investors can instantly lock in a paper profit of 52% ahead of the exchange listings planned later this year.
Given the jaw-dropping returns seen with other meme coins like Dogecoin and Shiba Inu, the hype around Love Hate Inu is already boiling over – leading to more than 14,000 people joining the official Telegram channel.
Love Hate Inu – A Meme Coin with Valuable Utility
But why has Love Hate Inu’s presale become such an instant success? The main reason for this is the project’s disruptive combination of a meme coin style with real-world use cases – an approach that has yet to be pulled off effectively in the crypto market.
Although the likes of DOGE and SHIB were undoubtedly a huge hit, their prices inevitably suffered due to a lack of utility. This isn’t a worry with Love Hate Inu since the project’s unique ‘Vote-to-Earn’ (V2E) setup looks likely to keep investors coming back for more.
Per the whitepaper, this setup will allow Love Hate Inu’s users to vote on exciting polls based on current events and notable people, like Elon Musk. Users who vote on these polls will receive LHINU tokens as a reward.
As such, Love Hate Inu is poised to enter the thriving online survey software market. According to the Business Research Company, this market is projected to reach a valuation of $5.69 billion by 2027. This impressive growth represents a compound annual growth rate (CAGR) of 15.5% from now until that time.
Naturally, this provides Love Hate Inu a huge opportunity to capitalize on this growth and solidify itself as the go-to for accurate and transparent polls. Combine this with the uncapped earning potential for users, and it’s clear why Love Hate Inu’s presale has been such a hit.
Attractive Tokenomics Setup Prevents Rug Pulls
Another factor playing into Love Hate Inu’s incredible success is the project’s tokenomics. These tokenomics are designed so that rug pulls and price manipulation are not a worry for investors.
For those unaware, rug pulls occur when the developers of a new crypto project reserve a large portion of the tokens for themselves. Once the token price reaches a sufficient level, they’ll sell all of the tokens to ‘cash in’, leading to the price crashing.
In the case of Love Hate Inu, 90% of the total LHINU token supply is reserved for presale investors. This means that the majority of the token supply will be owned by the community, eliminating the chance of a rug pull occurring.
Moreover, there is no vesting period required for presale investors. Since there’s no vesting period, investors can do as they please with their LHINU tokens once the presale ends – whether that be selling them or transferring them to another wallet.
Love Hate Inu’s team has even made the presale as accessible as possible so that investors of all types can get involved. Not only is the minimum purchase amount just 10 LHINU, but investors can also make their purchase using ETH, USDT, or BNB.
Groundwork Laid for Love Hate Inu’s Future
Raising over $2m through the presale is undoubtedly a significant landmark – but it seems Love Hate Inu’s team is just getting started.
The team has already hinted at plans to launch ‘sponsored polls’ in the future, which would see Love Hate Inu partner with well-known brands. These brands would host their own polls on the platform to gauge the community’s sentiment towards a new product or service.
Interestingly, those participating in these special polls would be entered into a giveaway to win exclusive prizes. These prizes could be anything, ranging from unique merchandise to NFTs.
As if that wasn’t enough, Love Hate Inu’s roadmap also highlights plans to integrate the platform’s V2E mechanism into major metaverse experiences. Since LHINU uses the ERC-20 standard, an array of high-quality experiences could utilize Love Hate Inu’s setup.
This last point has piqued the investment community’s interest, given that several industry reports estimate that the metaverse sector could be valued in trillions of dollars in the coming years.
As such, investing in LHINU could prove to be an effective way for investors to gain exposure to the metaverse sector’s growth – and considering that tokens are still available at a discount, many believe there’s never been a better time to get involved.
