Saturday, 15he July – Meme coin degens looking for the next small-cap cryptocurrency explosion are quickly running out of time to participate in the Thug Life Token pre-sale, which analysts have hailed as one of the best meme coin pre-sale opportunities of 2023 .
Despite only launching pre-sale just over two weeks ago, the Thug Life Token has now raised a staggering $1.8 million through the $THUG sale.
Since the pre-sale will end when $2.058 million is reached, meme coin investors need to move quickly.
Thug Life Token is themed around the timeless Thug Life movement that was first popularized by hip-hop stars like Snoop Dogg in the ’80s.
$THUG is the “gamer’s meme currency,” the project says on its website. “Get gangsta in this market and step up your money game.”
$THUG tokens are currently selling for $0.0007 each in the pre-sale.
Given that 70% of the token’s total 4.2 billion supply is pre-sale, this price values the token at a modest $2.94 million.
Once the $THUG pre-sale ends, the only way to secure $THUG tokens will be through the project’s airdrop campaign and community bounties or at a potentially high price on major decentralized exchanges (DEXs).
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With at least $400,000 in giveaways, Thug Life Token puts his community first
Unlike the vast majority of new meme coins that are carpet-throwing at worst and pump-and-dump schemes at best, Thug Life Token puts its community first. .
That is emphasized in the project’s fair tokenomics and plans for a huge airdrop campaign and liquidity lockup.
As already noted, investors can secure a vast majority of 70% of the token supply in the pre-sale.
Then another 15% is reserved for community giveaways.
Assuming $THUG can at least maintain its $0.0007 price after the DEX launches, the community will receive giveaways of at least $400,000, a key reason why meme coin degens have become so enthusiastic about the project.
The remaining 15% is reserved for marketing, and the project wants to bring in a wave of influencers to help increase the price of $THUG and the liquidity of DEX.
In fact, the team behind Thug Life has pledged to lock in liquidity at launch on decentralized exchanges (DEXs) for at least three months.
This is a rare move in the meme coin space and should ensure a better trading environment, as well as eliminate the possibility of a mat removal or token dump.
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$THUG takes advantage of the Timeless Thug Life move
Industry observers have praised $THUG due to the refreshing perspective it brings to the meme coin space.
$THUG is not based on old-fashioned dog memes or social media fads, like meme coins created in response to tweets from Elon Musk or Andrew Tate.
Rather, $THUG is themed around the timeless Thug Life movement that was first popularized by hip hop stars like Snoop Dogg in the ’80s.
The Thug Life Token markets itself as a “second chance for those who have been played, influenced and used as a withdrawal.”
More than just another meme coin, $THUG is “a movement fueled by humor, brotherhood, and the shared struggle of hustle in this web3 world.”
Thug Life Token’s fast growing Degen community
The secret ingredient to success in the meme coin market is building a loyal and committed degen community that buys into the theme and vision of the tokens.
And Thug Life Token has been taking it by storm on this front.
Thug Life Token Twitter Account he now has over 4,200 followers, and his meme tweets routinely get over 500 likes.
The Telegram channel of the project.meanwhile, he has more than 2,600 subscribers.
Thug Life Token is backed by the same experienced and successful marketing team that generated almost 100x profits for the SpongeBob meme token back in April.
Its reach means that the Thug Life Token project is already featured prominently on numerous reputable crypto news websites, including Be[In]crypto, Business 2 Community and finbold.
At the same time, a large number of widely followed and respected cryptocurrency influencers, including people like crypto earnings they are also spreading the word about the project.
Is a $100 million market capitalization approaching?
The team behind Thug Life Token has an explicit goal of reaching a market cap of $100 million, which would give pre-sale investors 34x profit.
The meme coin project roadmap states that the team will strive to achieve this milestone with a combination of relief campaigns, giveaways, CEX listings, partnerships, and a $THUG token burn.
But some analysts believe that $THUG could go beyond $100 million.
Popular crypto YouTuber michael wrubel and analysts of cryptonews.com both have tipped $THUG for potential gains of 100x, which would bring the token’s market cap closer to $300 million.
That may sound like an outlandish price prediction, but readers should keep in mind that the Pepe coin, based on the equally timeless Pepe the frog meme, was able to reach a market capitalization of nearly $2 billion, earlier in the year.
$THUG plays to a similarly popular theme of “Thug Life” and could easily catch fire.
$THUG can be purchased using ETH or USDT via the Ethereum blockchain on the Thug Life Token website.
Join the $THUG movement, get that FOMO and turn mistakes into profit now.
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Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.
