With 4/20 now being known as ‘Doge Day’ there was a lot of commotion that Elon Musk would announce something big such as some sort of collaboration with the project like accepting Dogecoin (DOGE) as payment for Twitter. The meme coin even saw 4.5% growth in the 24 hours leading up to 4/20.
Something big was announced as SpaceX let it be known they would be launching their Starship rocket which was considered a landmark achievement for the organization. The launch was scheduled for 4/20 or Doge Day so many people drew the connection and hoped it indicated that DOGE was indeed headed for the moon.
Well, unfortunately, things didn’t go as planned and currently the price of DOGE is tanking just like the Starship rocket did yesterday. The bad press is just another in a long list of gaffs Elon has made lately and unfortunately, the price of DOGE does seem to be tied in with the faith of the world’s most famous billionaire.
It’s not all bleak for DOGE investors though as many are trying to claim the rocket falling apart was actually a success (huh?) which proves how strong the Elon fan base is so it is likely this won’t be the last we hear from Dogecoin.
However, it is unfortunate for Dogecoin this setback comes at the same time that the new meme coin on the block Love Hate Inu just surpassed $5 million raised during its presale. Many experts are predicting that this new meme coin with great virality properties and utilities is going to take over from Dogecoin and Shiba Inu (SHIB) at the top of the market.
So, why are there such good vibes around this project, and why are some experts even predicting it will pump 50x faster than DOGE and other meme coins? Well, let’s look at 5 reasons this could happen once the CEX listings begin for Love Hate Inu.
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5 reasons Love Hate Inu will 50x faster than DOGE and others
The most fun meme coin to date
The first reason we are going to give you why we think the coin will pump 50x more than DOGE and others is very simple, and that is that Love Hate Inu (LHINU) simply looks like so much fun! Just check out the site for yourself, it’s full of cool emojis that follow you around the page and then there are the examples of the polls on the site.
Right now they have three polls up just to show potential investors what’s in store. They have 3 polls about 3 celebrities and the question is simply do you love or hate them? What’s hilarious is the celebrities are represented by angel and devil emoji versions of themselves to represent whether you love or hate them.
A fair system that protects voters
Love Hate Inu has clearly learned from the past mistakes of other meme coins as their white paper really emphasizes security and safety. One of the ways they will do this is to have a stake-to-vote system in place that is there to protect both the polls and the players.
You will need to stake LHINU for 30 days before you can vote on any polls. This will ensure that there is no way polls can be rigged or spammed and it also creates a fair system where the more LHINU you stake the more power you will have over the polls.
The stake-to-vote system also keeps the voter’s identity hidden. Polls are bound to be controversial from time to time so anonymity allows players to express an opinion without fear of online abuse. This will be especially useful in the discussion sections that will be available alongside polls where voters will be able to express more of their feelings about the subject they are voting on.
The project has the future in their thoughts
We are all aware of how volatile meme coins can be normally due to their lack of utility, so a big problem that has caused many of them to collapse in the past has been rug pulls or they fall victim to a pump and dumb.
To fight against this Love Hate Inu has allocated 90 percent of the total allocation of LHINU to be sold during the presale. This means only 10 percent will be available for the CEX listings which will stop any of the potential negative scenarios we just mentioned.
It also has a very positive knock-on effect in the sense that only those with a vested interest in the future of the project will be involved in any future decisions about the direction the crypto takes.
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Virality
We all know that a meme coin that is predicted to pump 50x faster than the competition has to have the ability to go viral at the drop of the hat. Well, that is a quality that Love Hate Inu possesses. First of all, the fun emojis on the site that represent the controversial celebrities have already been shared all over the internet and that’s just the starting example so imagine what will happen once it officially launches.
Next, the very concept of the site is perfect for going viral. ‘Do you love or hate x’ screenshots will be shared all over social media as people are either vindicated or disgusted by what people are voting for and want to share it with their followers.
Lastly, this has already started. The Love Hate Inu page on Twitter is already just off 38k followers and the coin hasn’t even finished its presale. Also, if you search youtube for the meme coin you will see pages of influencers discussing it already. This is a clear sign that that 50x figure is very much achievable for this project.
Future plans
As we mentioned, a developing ecosystem is now a requirement for a successful meme coin. They cannot sit still anymore; they need to always be developing and growing. Love Hate Inu’s whitepaper indicates that there are some very exciting plans for their future.
Later this year LHINU holders will be able to create their own polls and if the community agrees, they will then go live on the site. Even more exciting, next year the project plans to Integrate voting systems into
major metaverse experiences. The sky is truly the limit for the project which makes us wonder, is a 50x pump even selling it short?
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Conclusion
We will be brief here, these coins are headed in very different directions. DOGe is on the way down while LHINU is heading towards never before seen highs. The new meme coin will likely pump 50x faster than DOGE and any other meme coin for that matter.