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Thug Life Token ($THUG), a brand-new memecoin concept, started making waves on social media and within web3 circles on June 28. Despite only a few hours since opening its token presale, the initiative has already raised $117,000 through $THUG sales.
$THUG is attempting to gather $2 million in order to create a community of thugs capable of outwitting Pepe, Dogecoin, and Shiba Inu. It has the potential to be the most viral token ever.
A brief overview of the newly launched Thug Life token
In the midst of the crypto market’s resurgence, one newly released memecoin has enormous pump potential. Thug Life is a new memecoin that is expected to go viral after its presale debut. The project includes a variety of well-known memes and celebrities, such as the Dogecoin dog, Snoop Dogg, Hasbulla, and Pepe the Frog.
The Thug Life cryptocurrency initiative intends to empower memecoin holders by converting their “losses” into “wins.” Thug Life makes fun of “coping” with missed memecoin possibilities, like May’s spectacular Pepe run. See our guide to the best memecoins to buy here.
Thug Life, like other successful memecoins such as Pepe, Shiba Inu, and Dogecoin, is founded on the real memecoin ethos of laughing, fun, and trolling. Traditionally, detractors have said that the lack of benefits meme currencies provide indicates they will fail in the long run.
DOGE and others, on the other hand, have shown this to be untrue. Thug Life intends to accomplish the same by forming a strong and united community that will rally behind the token and propel it to new heights. Finally, just as memecoins have shown to be an equation for success in the past, Thug Life may do the same.
Paying tribute to Snoop Dogg: A Thug Life Token backer?
Snoop Dogg is pictured alongside other well-known figures on the Thug Life website. In addition, the team recently uploaded a video tweet with the words “Thug Life” and a well-known Snoop Dogg song playing, as well as tagging Snoop Dogg’s Twitter account.
https://twitter.com/thug_life_token/status/1673653742648930305?s=20
Elon Musk has famously done the pot thing, but not in the same cool way as Snoop. Maybe Elon is watching Thug Life videos for pointers on how to roll with humor. $THUG is all about perseverance, comedy, and trolling. See our guide to the best altcoins to buy now here.
By design, this coin does not take itself seriously, but don’t let that mislead you when it comes to price. Sure, Dogecoin began as a joke, but the early investors in that Shiba-infused humor coin had the final laugh. It’s possible that the Thug Life coin will be the same.
Still, for less successful investors, there is always hope in crypto, and $THUG is here to help transform losses into gains. So, if you are one of those who purchased a coin at the top, and we’ve all done it after an influencer turned you into a bagholder, there is still hope.
Thug Life community-driven tokenomics
When it comes to its marketing, the Thug Life Token positions itself as a “second chance for those who have been played, influenced, and used as a cash-out.” To its creators, $THUG is more than just another memecoin; it represents “a movement fueled by humor, brotherhood, and the shared struggle of hustling in this web3 world.”
Consistent with the memecoin project’s emphasis on social inclusion. At the $0.007 presale price, 70% of the total token supply of 4.2 billion will be sold. That means that investors will be protected from unexpected price increases. See our guide to the best crypto ICOs to invest in here.
Once the token is listed on DEXs, 15% of the total supply will be set aside for community awards. Meme Coins’ enthusiasm for the project stems in part from the fact that, if the token maintains at least its presale price of $0.0007, the community will receive prizes worth more than $400,000 in total.
Reserving the remaining 15% of the token supply for marketing, the project is looking to recruit a large number of influential people to help drive up the price of $THUG. The $THUG team’s promise to immediately lock liquidity following the launch of the DEX has allayed worries about a potential token dump.
Thug Life presale: Best small capital memecoin gem?
The current presale price of a token is $0.0007, making the Thug Life Token a meme currency project with a market cap of less than $3 million. There’s a tonne of room for improvement there. Considering the success of the “Thug Life” meme, it’s not hard to see why $THUG would take off.
Presale investors in $THUG stand to make over 20x their initial investment even if the token’s market cap never rises above, say, $60 million. The Thug Life Token uses the Ethereum network to facilitate the exchange of $THUG for ETH and USDT.
Numerous new token alerts have highlighted the release of the Thug Life token presale, drawing large sums of money. Join the $THUG movement, avoid missing out (FOMO), and start making money off of your mistakes right away.
Alternative emerging memecoin: Wall Street Memes continuous to skyrocket
Many more memecoins have emerged and are competing for market dominance; the new memecoin Wall Street Memes appears to be an impressive challenger if you’re seeking “the next Pepe.” See our guide to the best low market cap crypto to buy here.
The $WSM token, created by the people behind the million-strong Wall Street Memes social community, has seen massive adoption among meme stock investors and crypto traders alike. See our guide on how to buy $WSM token here.
And you know you’ve made it when billionaire Elon Musk follows your Twitter feed. The success of the Wall Street Memes token presale can be attributed in no small part to the fact that Musk is one of the most prominent individuals in the world of meme currencies.
Investors from all over the world have been flocking to get their hands on some $WSM tokens because of the significant discount they represent from what they would cost on the CEX once they are listed. See our Wall Street Memes price prediction here.
In addition, investors have been clamoring to take part in Wall Street Meme’s airdrop event, in which $50,000 worth of $WSM will be distributed to five winners. The excitement around Wall Street Memes, which was already high before this airdrop, has reached new heights.
Crypto Jamie, a popular figure on Twitter, has signed on as an ambassador for the company, and more than 9,000 people have joined the Wall Street Memes Telegram group. The initiative has already raised $11 million, and the next price hike occurs when the total amount raised hits $11,724,000, so there is no time to waste.
If you’re still not convinced of the WSM team’s crypto prowess, consider this: last month they released a 420-piece Bitcoin Ordinals collection called the Wall Street Bulls Ordinals NFT Collection. $WSM appears to be one of cryptocurrency’s best-kept secrets, and it is currently available in presale for $0.0304.
To take part in the presale visit wallstmemes.com.
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