By Crypto Experts are Accumulating This New Crypto Before It Lists on Exchanges – What Do They Know?
Love Hate Inu (LHINU) has now raised in excess of $1.5 million in its presale, which is on course to raise $1,968,750 before entering its third stage.
Its rapidly increasing total stands as a testament to the growing market interest in the new polling platform, which is set to launch later in the year.
Once launched, it will reward users for participating in a variety of online polls, with the platform hoping to capture a significant share of the expanding global survey industry.
And given that it has already managed to attract over 35,000 Twitter followers, it’s fair to say it has made significant progress in achieving its aims.
Crypto Experts are Accumulating This New Crypto Before It Lists on Exchanges – What Do They Know?
Begun just over two weeks ago, the Love Hate Inu presale has quickly passed one milestone after another.
It began by raising around $250,000 in two days and has now sped up to $1.56 million, reaching this total in roughly 16 days.
It’s currently in the second phase of its sale, with the third stage due to begin in just over a day.
The imminent arrival of the third stage has likely created a sense of urgency among investors, since the sale price of LHINU will rise from $0.00009 to $0.000095.
There will be eight stages in total, with the final stage offering LHINU at a cost of $0.000145, which represents a 61.1% increase over its current price.
This means interested parties have only a limited time in which to act if they want to acquire some LHINU at the biggest possible discount, which probably explains why the Love Hate Inu presale has had such a strong opening couple of weeks.
Of course, the platform also boasts some strong fundamentals, especially given how it taps into a growing public interest in online/social media-based polls and in meme tokens.
Love Hate Inu intends to open community-based voting on a wide variety of questions and issues, from current affairs and politics to celebrities and sports.
As its team writes in its whitepaper, “Our platform provides a unique opportunity for you to engage with important issues and promote healthy discussion, all while contributing to the next meme sensations and earning valuable tokens.”
Users can participate in Love Hate Inu’s polls by staking LHINU, with bigger stakes of the token giving them more voting power in surveys.
In turn, participation in surveys will result in users being rewarded with additional LHINU, which has a total maximum supply of 100 billion.
90% of this total will be allocated to the presale, meaning that LHINU will be very much a community-owned and -driven token, without any big concentration of wealth among founders or private investors.
The other 10% will go towards liquidity and exchange listings, as well as community rewards.
Because of its fixed supply, there’s a real potential for LHINU to become deflationary if the Love Hate Inu platform gains substantial traction and popularity.
This is precisely its aim, with the platform aiming to capture a share of the global online survey market, which is expected to reach a value of $5.69 billion by 2027, according to data from the Business Research Company.
One of the ways it aims to gain a share of this market is by partnering with a range of high-profile brands in order to deliver sponsored polls where rewards for voting could include such items as NFT discount codes and branded metaverse assets.
This will help it to attract more users and followers, although judging by how quickly its presale is taking off, it seems to be doing a pretty good job of this already.
Presale and After the Presale
Interested investors can participate in its presale by heading over to the official Love Hate Inu website.
They can purchase LHINU using either crypto (USDT or ETH) or fiat (via a credit card), making it more accessible than many other similar presales.
And once the presale ends in the next couple of months, LHINU has a strong chance of witnessing some big gains upon listing on exchanges.
Indeed, big gains for newly listed coins was a recurring theme last year, with Tamadoge (TAMA) rising by as much as 1,800%, for example, when it was listed on OKX last October, among many others.
Given the focus and clarity of its business model, and given the support it has already accumulated, Love Hate Inu finds itself in a position to have a similarly successful opening on exchanges.
Visit Love Hate Inu Here
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.
