It is an exciting time for the crypto market at the moment. The EU regulation legislation that has just been passed seems to be a good sign for the market as a whole and the recent dip that we experienced will hopefully soon be in the rearview mirror.
One sector of crypto that hasn't been affected by the dip is meme coins. Pepe Coin (PEPE) sped up the process of people returning to meme coins and now their popularity is through the roof. This means it's a great time to look at what is coming down the road in terms of presales and exchange listings and there is nothing at the moment more exciting than Love Hate Inu (LHINU)
The meme coin is just off the back of an incredibly successful presale and now its CEX listing is about to go live on Friday with trading platform giant OKX. It is all good news surrounding the project at the moment and we think it is the perfect time to invest in LHINU before the inevitable pump starts once the whales start to pile in.
The market's first community-powered vote-to-earn site is already coming off the back of one of this year's most successful presales having raised over $10.2 million by the end. The buzz was there right from the start when they raised over $1 million in the first few days of presale but for anyone that missed out on this, the OKX listing on Friday is the perfect time to get involved.
We have already given the answer to this away, it is that it is the first community-powered vote-to-earn platform that has made Love Hate Inu (LHINU) so popular. Like we said above, utility is crucial for a meme coin these days to thrive and this platform will give it plenty of that.
How it works is users will be able to visit the site and earn native currency by voting on whether they love or hate the subject of the poll. As an example the platform had three controversial celebrities up on site to represent how the polls would look.
Voters will then vote whether they love or hate the celebrities who are represented by hilarious angel and devil emoji versions of themselves. The emojis and illustrations on the site are of such high quality and are also very funny so we are sure users will love spending hours on the site.
Another reason investors should be flocking to OKX for the LHINU listing is the commitment to security the project has demonstrated. A big problem with meme coins as we mentioned, is rug pulls and pump and dump scenarios. This is particularly evident today when so many people are looking for the next PEPE and are abandoning coins the second they either see profit or realize the coin isn't going to be the one.
Love Hate Inu have combated against this by selling 90% of their coins during presale. This way there is no way during CEX listings like OKX that the project will be compromised by any of the above scenarios which is ideal for investors looking to get involved this Friday.
They also have introduced a staking system to protect their investors. Users will need to stake for a number of days before they are allowed to vote and of course the more you stake the more say you have over polls and other decisions within the ecosystem. The staking system will also protect voters identity which will be important for honest results and as there will be a discussion section under polls it will also allow people to express their opinions freely.
So, we have given a lot of reasons why we think that LHINU is a must have coin once it goes live on OKX but we still have to mention the main one. Virality capabilities have always been the cornerstone to every successful meme coin so although utility is now becoming more important it still remains second in the hierarchy.
The people behind Love Hate Inu have created a product that will likely become the most viral meme coin on the market. When you think about it, what will happen with these polls? There will of course be controversial ones so when people go to vote and they like or do not like the result of the polls they will of course want to share this with their followers on social media.
All these eyes on the Love Hate Inu polls will only be good for business as it will draw more and more people to the site that wish to vote on the polls they feel passionate about. It really is a perfect formula and we think that the whales are going to come piling in once the OKX listing begins this Friday.
Those that bought LHINU during presale will be able to get their coins an hour before the listing begins and for those that are interested you can still purchase LHINU tokens from the site before the Friday launch.
So to put a bow on things, it is pretty clear that the market is very excited for the OKX listing on Friday. This coin has so much potential and with all the attention currently surrounding meme coins we think Love Hate Inu will pump a lot for its investors from Friday onwards.
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Disclaimer: Analytics Insight does not provide financial advice or guidance. Also note that the cryptocurrencies mentioned/listed on the website could potentially be scams, i.e. designed to induce you to invest financial resources that may be lost forever and not be recoverable once investments are made. You are responsible for conducting your own research (DYOR) before making any investments. Read more here.