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New Crypto Platform Goes Viral For Rewarding Users Who Vote in Elon Musk-Style Polls – $650k Raised Already

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crypto traders believe Love Hate Inu Will flourish
crypto traders believe Love Hate Inu Will flourish

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Meme coins have in recent years become crypto projects to be reckoned with as investors eye massive gains on their investments. The attention these dog-themed tokens are getting is primarily due to the success of two of the world’s leading meme coins, Dogecoin (DOGE) and Shiba Inu (SHIB).

Meanwhile, a new but almost similar crypto project dubbed, Love Hate Inu (LHINU) is sending waves across the market. Investors are piquing interest in LHINU due to its public voting utility engraved in blockchain technology.

Love Hate Inu is presenting a new vote-to-earn model after the team got inspiration from Twitter’s CEO, Elon Musk style of voting. In its rudimentary aspect, Love Hate Inu will reward users in crypto tokens for staking and voting on meme polls.

New Crypto Platform Goes Viral For Rewarding Users Who Vote in Elon Musk-Style Polls – $650k Raised Already

Love Hate Inu Crypto Presale Raises 650k In Less Than A Week

The revolutionary vote-to-earn meme token is creating a lot of buzz among investors who prefer to diversify their crypto portfolios with meme coins with immense potential to return hundreds of thousands in gains like SHIB and DOGE.

Less than a week since the project launch, Love Hate Inu’s presale is already at $650,000. Investors are scooping up LHINU tokens at $0.000085 ahead of the next presale stage. Expect the price to increase to $0.00009 in stage 2, likely to come in 2 days or when $956,250 is raised – whichever comes first.

Love Hate Inu’s presale commenced in March 2023 and will have eight rounds, each granting 11.25 billion tokens. During the first presale round, the price of LHINU, which is regarded as one of the best crypto presales to buy in 2023 is $0.000085, as mentioned before.

By the last round of the presale, the price of one LHINU token is expected to climb to $0.000145, representing a 70.5% increase in paper value.

Consequently, investors who participate in the initial rounds have the chance to acquire the token at a lower price before it is listed on the exchange in Q2 2023, making it the best altcoin to buy for portfolio diversification.

Love Hate Inu’s Background

Love Hate Inu is a cryptocurrency platform that enables users to vote in multiple polls using tokens. By staking LHINU, the platform’s native cryptocurrency, investors can engage in these polls.

Ethereum blockchain has been tapped to support Love Hate Inu, and users who participate in surveys on the platform are rewarded with extra LHINU tokens. LHINU is an ERC-20 standard token that can be bought during the ongoing presale.

Love Hate Inu presents one of the best investment opportunities as the crypto market rebounds. Bitcoin price exploded to $26,514 following impressive Consumer Price Index (CPI) data in the United States.

Market watchers expect this data to play a crucial role in the decision on interest rate hikes by the Federal Open Market Committee (FOMC) on March 22.

Decentralized Autonomous Organizations (DAOs) presence and influence on the crypto industry have been growing tremendously over the years. DAOs are fast becoming the preferred crypto ecosystem, for encouraging inclusivity through community-based voting processes.

However, Love Hate Inu raises the bar even higher by providing “a unique opportunity for the community to participate/engage in (and later create) voting polls, whether focused on politics, entertainment, and social issues, all whilst participating in healthy discussion will be promoted, all whilst earning valuable tokens.”

As is the case with most projects in the industry, Love Hate Inu will foster transparency, functioning under the principles of decentralization and security on the blockchain.

How Love Hate Inu Vote-To-Earn Works?

Following the launch, which is expected as soon as the crypto presale ends, the platform will comprise two key areas, starting with the User Interface (UI). Here, LHINU token holders will be able to connect their wallets to start engaging in real-time votes and earn rewards.

The other key area in the project is the Vote Submission platform. According to Love Hate Inu’s whitepaper, interested parties can “submit new poll ideas for the community to consider.”

The Management Dashboard is where the magic happens but with a lot of caution to protect the community. On the same platform, the team will host polls with the funds generated and “give back to the community with relevant topics that everyone can engage with.”

Another key characteristic of Love Hate Inu is stake-to-vote, otherwise, referred to as vote-to-earn. The prerequisite for all participants is first to stake LHINU tokens. This will qualify them to vote in the polls, and subsequently utilize the vote-to-earn feature.

“By making the participant use our Real-Time Staking mechanism, it prevents spam and manipulation in the voting process. This is done by requiring the participant stakes tokens for at least 30 days for the ability to vote,” Love Hate Inu’s team state in the whitepaper.

Staking LHINU tokens is the first step to be taken by users who wish to vote in a poll. Users will accumulate greater voting power by staking in large volumes or staking for longer periods.

The team chose the stake-to-vote feature because it ensures anonymous participation in the voting process. This means users are free to present their opinions without fear, retaliation, or judgment.

Note that every poll would be funded by the creator. In this case, the owner of the poll will raise all the LHINU tokens to be given out as a reward to every person who participates.

The team will initially create the polls, but eventually, the community will be allowed to create polls as a reward for holding a significant amount of LHINU tokens.

The requirement for voters to have a minimum amount of voting power ensures that only people who have a substantial stake in the platform can participate in the vote and influence its outcome.

Love Hate Inu Takes Measures Against Common Crypto Rugpull

Love Hate Inu claims that it takes “the issue of rugpulls seriously.” Hence, the idea is to sell 90% of all the 100 billion tokens during LHINU presale rounds. As per the whitepaper, the remaining 10% of the supply will be channeled to exchange listings.

“By selling the majority of the tokens in the presale, we’re creating a strong foundation for the project, where the community holds the majority of the tokens and has a vested interest in the success of the project,” Love Hate Inu assures investors.

Love Hate Inu believes it is getting into the best market segment – the global online survey software market, which was worth $2.79 billion in 2022 but has already grown to $3.2 billion in Q1 2023, representing a compound annual growth rate (CAGR) of 14.6%.

The global online software market size is predicted to grow to $5.96 billion by 2027 at a CAGR of 15.5%.

The Fear Of Missing Out (FOMO) is intensifying, with Love Hate Inu’s presale just two days from stage 2. This cryptocurrency stands out for its originality and, similar to the most exceptional concepts, its appeal lies in its straightforwardness.

As opposed to the venture fundraising model that excluded average individuals from investing in Silicon Valley startups that have now grown into massive enterprises, the advent of crypto has made it possible for anyone to invest in the most innovative and promising propositions such as Love Hate Inu.

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