Monday, July 17 – Meme coin creators are fastening their seatbelts ahead of what is expected to be an explosive launch for the Thug Life Token later Monday.
$THUG, which analysts consider one of the top shitcoin investment opportunities of 2023, launches at 18:00 CET.
After this time, $THUG will be available for trading on major Ethereum-based decentralized exchanges (DEXs), while investors who entered the highly successful pre-sale of the project will be able to claim your chips.
The Thug Life Token pre-sale, which ended over the weekend, raised over $2 million in less than two weeks, a strong sign that there remains significant unmet demand for the token ahead of its launch.
Traders who do not yet get their hands on $THUG may want to move quickly when the token debuts later on Monday, as FOMO and pent-up demand could quickly shoot its price well above the pre-sale price.
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.”
Same marketing team as 100x $SPONGE Token
Thug Life Token has generated quite a stir within web3 circles as the team behind the project is the same team that created Sponge.
Meme coin degens may recall that $SPONGE was able to achieve gains of nearly 100 times its DEX launch price and reached a peak market cap of around $50 million.
And the Thug Life Token team has worked hard to make sure the token matches or even exceeds the success of $SPONGE.
Its reach means that the Thug Life Token project is already featured prominently on numerous reputable crypto news websites, including Be[In]crypto, crypto potato 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.
Meanwhile, Thug Life Token is taking social media by storm, with over 4800 followers on Twitter and with his meme tweets routinely getting over 500 likes.
Besides, the Telegram channel of the project It has more than 2,600 subs.
As meme coin degens know well, the secret to success in the meme coin market is building a loyal and committed degen community that buys into a token theme and vision.
Given the huge amount of attention that Thug Life Token is already receiving, it is highly unlikely that $THUG will stay at a market cap of $3 million for long.
Fair tokenomics, a refreshing take might see a $THUG bomb
$THUG’s previously mentioned low market cap and massive marketing push are two big reasons why the token could see a massive pump.
But $THUG also has many positive aspects, such as its fair tokenomic structure.
70% of the token supply was sold in the pre-sale and there is no insider/team allocation.
In keeping with its community-first approach, 15% of $THUG’s 4.2 billion token supply has been dedicated to community giveaways.
Assuming that $THUG can at least maintain its price of $0.0007 after the DEX launches, this means that the community will receive gifts of at least $400,000.
The remaining 15% is reserved for marketing, and the project wants to bring in a wave of influencers to help drive up the price of $THUG, and DEX liquidity.
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.
Meanwhile, industry watchers 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.”
learn more here
Can $THUG 100x?
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 has tipped $THUG for potential 100x gains, which would bring the token’s market cap closer to $300 million.
That may sound like a far-fetched 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.
Join the $THUG movement, get that FOMO and turn mistakes into profit now.
Don’t miss out on what could end up as the most popular meme coin toss of 2023.
Visit Thug Life Token here
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.
