How to Buy Thug Life Token – Beginners Guide
In June 2023, Thug Life (THUG) launched its cryptocurrency presale. This is a new meme cryptocurrency, which is offering a majority of its token supply through a single presale round. Thug Life has allocated nearly 3 billion tokens for the presale and priced the token at just $0.0007.
Continue reading to learn more about this cryptocurrency project and to find out how to buy $THUG in a few simple steps.
What is Thug Life Token?
Through the Thug Life presale, investors have the opportunity to buy $THUG at the earliest stage possible. Most cryptocurrency tokens allow investors to get early access to the token by hosting an initial coin offering (ICO) stage.
Thug Life is holding a unique presale stage, as the tokens will be available at the same price for only one round. From a total token supply of 4.2 billion, 70% (2.94) billion has been allocated for the ongoing presale. All early investors can purchase this token at the same price by hosting just one presale round.
At the time of writing, Thug Life has raised more than $800K since the start of the presale. The token is priced at just $0.0007 and does not have a minimum purchase amount. By the end of the presale, Thug Life aims to raise a hard cap of $2.058 million.
Similar to some of the best meme coins, Thug Life does not offer much utility to investors. Instead, it promotes a sense of unity and laughter with the community. This cryptocurrency is meant for those who have been cheated by crypto pumps and dumps or for those investors that purchased other tokens during their peaks and lost their money.
The ultimate goal of Thug Life is to help generate financial gain for investors. This project has also been developed by the creators of Spongebob (SPONGE), a new meme coin which has managed to soar by 100x earlier this year.
Another 15% of the token supply will be allocated for marketing purposes, ensuring that the project’s popularity increases. The remaining 15% of the token supply will be allocated as community rewards.
After the presale concludes, the project will look to list $THUG on some of the top cryptocurrency exchanges in the space.
Presale Started | Q2 2023 |
Purchase Methods | ETH, USDT |
Chain | Ethereum |
Min Investment | None |
Max Investment | None |
How to Buy Thug Life Token – Step by Step
For those interested in purchasing $THUG, the sections below will provide you with a detailed step-by-step guide to enter the presale:
Step 1: Get a Cryptocurrency Wallet
Before buying $THUG via the presale, investors must set up a cryptocurrency wallet. The Thug Life presale can be accessed with popular crypto wallets such as MetaMask and Wallet Connect.
When getting wallets like MetaMask on a laptop or desktop, simply add the extension to your device. Alternatively, you can download the app when accessing the wallet with a mobile phone.
Step 2: Purchase ETH or USDT Tokens
The Thug Life presale can be swapped with compatible tokens such as Ethereum (ETH) and Tether (USDT). Those who do not hold one of these cryptocurrencies can purchase them from a suitable cryptocurrency exchange.
After purchasing the tokens, send them to the crypto wallet.
Step 3: Connect your Wallet to the Presale
Once the wallet is funded, visit the Thug Life presale website. On the home screen, click the ‘Buy Now’ button. Select either ‘MetaMask’ or ‘Wallet Connect,’ depending on which wallet you hold.
Follow the on-screen instructions to connect the wallet with the presale.
Step 4: Buy $THUG Tokens
After the wallet is connected, click ‘Ethereum’ or ‘Tether’ on the price tab. This way, you can choose which tokens to swap with $THUG. After selecting the tokens, enter the amount of $THUG you wish to receive.
You will be able to view how many tokens you are getting in exchange for the amount of ETH or USDT being saved. Click on ‘Buy Now’ to confirm the transaction. After the presale comes to an end, you will be able to claim your tokens from the Thug Life presale website.
Summary
Investors can purchase $THUG on presale by setting up a cryptocurrency wallet and connecting to the Thug Life presale website. The presale will consist of only one round and $THUG is priced at just $0.0007 per token.
This meme cryptocurrency does not offer much utility, but aims to generate wealth for the internal ecosystem. In only a few weeks since the $THUG token launched on presale, the project has raised more than $820K.
Purchase tokens directly from the Thug Life presale website, before $THUG lists on cryptocurrency exchanges. If you want to stay updated with all the new presale developments and project updates, join the Thug Life Telegram channel.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com.