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New memecoin project Love Hate Inu has raised upwards of $250k in the presale event in just two days. The presale price during the current stage (first) is set at $0.000085. And the conclusion of the current stage will drive up the price of Love Hate Inu tokens to $0.000090.
Those wanting to become an early mover in this utility-focused memecoin can go to lovehateinu.com today.
Love Hate Inu is the world’s first Vote-to-Earn project that combines memecoin with DAO mechanics to redefine the online survey system with a decentralized touch.
Love Hate Inu Presale – Raising the Bar for Memecoins One Stage at a Time
There have been many memecoin projects in the past that have tried to come out of their memecoin-based shell in order to give more utilities to users. Some were unsuccessful, and some ventured too far into the utility sector – forgetting the essence of being a memecoin.
Love Hate Inu is here with a different take. It understands the social aspects of these joke tokens and leverages that to create a healthy environment for online discussion – and reward people while doing so.
The project dropped on 8th March 2023 and is eyeing to end the presale within the next 60 days. An achievable feat, considering that the Love Hate Inu presale has raised upwards of $250k within two days.
Vote to Earn – A Brand New Aspect in The Memecoin Space
The online survey industry is worth more than two billion dollars and is continually growing thanks to brands sponsoring their own surveys to spread more awareness. But the centralization aspect of these surveys hegemonizes who can take the profits.
And since blockchain projects focus on the commodification of simple online acts, Vote to Earn is a natural concept that emerged, and Love Hate Inu is the first one to adopt it.
Voting through Love Hate Inu happens through staking, and the more tokens staked by users, the more voting power they hold. While it is a common concept within the confines of a blockchain project as a way to decide the project of a crypto ecosystem, Love Hate Inu expands it to online surveys,
These surveys are little, quirky “Love it, Hate it”, questions on politics, entertainment, and social issues. Adding the cool factor to these surveys are quirky images representing components of the questions being asked.
That approach to simplicity speaks largely about what memecoins were when they first entered the scene. Their job was to bring the community together and have quirky discussions on social media platforms. Love Hate Inu is just leveling that up with a Vote to Earn mechanic, where voting leads to voters earning tokens.
Vote, Create Polls and Manage – Three Components of Love Hate Inu
There are three components that make up the Love Hate Inu project.
Voting System
The first component that becomes apparent to users when they visit the website is the voting system. It is a simple “Love it or Hate it” voting module that allows people to stake their tokens to vote. While the number of tokens staked is a necessary element when deciding the voting power, Love Hate Inu has also added staking time, another essential element.
Voting comes with a 30-day necessary lock-in period, which is a measure to prevent spamming.
Poll Creation System
The second element of this is the poll creation system that enables users to create their own polls. The platform imposes restrictions on the type of polls users can create. They can go as quirky or as serious as they want when creating these polls. That adds to the social aspect of this project since memecoins have historically used polls and positive social media engagement to reward users.
Management Dashboard
The internet can be a scary place, and regardless of how positive a discussion is, some trolls can derail the conversation and engagement through their nefarious tactics. The poll management dashboard will allow poll creators to ensure that all votes happen properly while the identity of voters remains anonymous.
These three elements give Love Hate Inu a fun and cool mechanic, which will likely draw more people when the listing begins.
Love Hate Inu – Better than Dogecoin?
Dogecoin redefined cryptocurrencies through its joke-ish nature. It started out as a way to reward users for engaging positively on social media platforms – and then snowballed into a way to bring the community together.
And when the bull run of 2021 combined with Elon Musk’s tweet, Dogecoin went up by 131 times. While a natural retrace followed soon, the downturn wasn’t able to punch the DOGE price to its launch-day levels.
That is a testament to the community behind Dogecoin. But the token remains a hyperinflationary asset with no discernible utility. The two aspects are holding Dogecoin back from realizing its potential.
Unlocking the potential of memecoins is Love Hate Inu, which has the same virality as Dogecoin and a utility that brings the community together. And to top it all off, Love Hate Inu’s native crypto – LHINU – is a deflationary asset.
It has a total supply of 100 billion, and 90 billion of that is part of the presale. The remaining 10 billion are dedicated to providing liquidity to exchanges when listings begin.
Developers aren’t keeping any of the tokens with themselves – a fact that indicates that Love Hate Inu isn’t a pump-and-dump scheme by a longshot.
These attributes suggest that Love Hate Inu might be a better pick than Dogecoin.
How to Invest in Love Hate Inu?
LHINU is currently available as a presale, and here are the steps to invest in this asset.
- Go to the official website, lovehateinu.com.
- Click on the “buy now” button.
- Connect your wallet – make sure that it has USDT or ETH.
- Enter the amount of LHINU tokens to buy and press buy to finish the deposit.
- When the presale concludes, you can claim these tokens by clicking on the “claim” tokens that will appear.
Conclusion
Love Hate Inu’s unique prospect in the memecoin space will allow it to grow a thriving community. Visit the official website, lovehateinu.com, to join this community and start participating in polls and creating ones that matter.
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