As newly birthed meme coins like PEPE and its successor PEPE2.0 steal all the headlines recently, traders are quickly searching for the next meme coin that can provide 10x-20x returns.
With thousands of new meme coins, hunting through the listings to find hidden gems that can produce outstanding returns like PEPE provided can be cumbersome.
Fortunately, there are a few subtle signals that experts search for when finding meme coins that offer huge potential, and there’s one that’s making waves in the meme coin circuit right now.
These experts are quickly flocking to Thug Life, and its rapidly growing presale is expected to end next week, with traders expecting at least 10x returns as soon as it launches.
Here’s everything you need to know about it.
Thug Life Token Making Waves in the Memecoin Sector
The presale for Thug Life is snowballing after raising over $1 million in under a fortnight and selling 50% of the tokens available.
Traders are rushing to this presale due to its unique presale proposition and the expert marketing team behind it that can push it to exceptional heights.
The project is branded as the “ballers’ memecoin” and is designed to provide a second opportunity for those who have been ‘rekt’ in the degen crypto space while trying to make a profit in the market.
Thug Life takes inspiration from the movement popularized by hip-hop stars in the 1980s of the same name – ‘Thug Life.’
It features a range of popular memes and individuals in its marketing, such as Dogecoin Dog, Snoop Dogg, Hasbulla, and Pepe the Frog.
This timeless branding embraces street and hip-hop culture, representing the tough love of the internet which involves resilience, comedy, and trolling.
Although the token has no intrinsic utility – like other billion-dollar memecoins – its strength lies in the community supporting it and the expert marketing team driving awareness for the meme coin.
The project is quickly gaining a strong following, with almost 4,000 followers on Twitter and nearly 2,000 members on Telegram.
Overall, Thug Life intends to make light of coping with missed meme coin opportunities through humor, brotherhood, and a shared grind of trying to hustle and navigate the Web3 degen markets.
Intuitive Presale and Tokenomic Structure for Fair Launch and Long-Term Holding
One of the main driving forces behind the success of the presale so far is its unique presale and tokenomics structure, which allows investors to get positioned on a level playing field.
Typically, presales will last for months with multiple price points across many stages. Thug Life isn’t choosing this route as it seeks to open new paths in the presale sector.
Instead, the token will be sold in one stage at a set price of $0.0007 – allowing everybody to get posited at the same level.
The team believes this will help to incentivize long-term holding as they plan to build a strong and united community to rally behind the token and bring it to new heights.
In addition, the presale has a hard cap limit of $2 million – meaning half of the tokens are already sold out.
As a result, the token will launch at a low market cap value of just $2.97 million, providing exceptional room for growth higher immediately following its launch.
For example, the token would only need to reach a $30 million market cap value to provide 10x returns for investors – and experts believe it can reach much higher than that.
Adding further to the brilliant tokenomics, the team isn’t allocating any $THUG for themselves. Instead, the project will be community-driven, with the entire supply reserved for the community.
70% of the $THUG supply is sold in the presale, with 15% allocated for marketing and 15% for providing community rewards.
Highly Accomplished Team With Brilliant Marketing Credentials
Another driving force causing investors to rush to the project quickly is the marketing team connected to the project.
The marketing team is highly accomplished, having helped successful meme coins reach exceptional heights in the past.
For example, the marketers managed to help Spongebob Token ($SPONGE) reach 100x returns for early adopters during May 2023.
The marketing team has plans to launch a wide-scale marketing campaign following the presale to drive awareness for the project.
The team has stated that over $200,000 worth of ETH will be guaranteed for the liquidity pool after the launch, providing enough liquidity to get in and out of the market.
The liquidity pool will also be locked by Team Finance, demonstrating the team’s commitment to the project and preventing concerns of a rug-pull for investors.
Lastly, the number of influencers promoting the token is already quickly growing, with influencers like Michael Wrubel, Jacob Crypto Bury, and Crypto Gains spreading the word about the project.
Presale Quickly Selling Out: Just Six Days to Go
With the presale nearing the $1 million fundraising milestone, the opportunity to get positioned early is quickly running thin.
Over half of the tokens have already been sold, and just six days remain in the presale – so you will need to act quickly to get invested at early adopter prices.
$THUG can be purchased using ETH or USDT via the Ethereum blockchain on the Thug Life Token website.
What Other Memecoins Might Surge Alongside Thug Life Token?
It’s not just Thug Life causing waves in the market right now. A handful of emerging meme coins and utility projects have been circulating across social media in recent weeks.
In particular, Wall Street Memes is a stand-out project as it grabs mainstream media attention with the backing of some prominent influencers.
Wall Street Memes – Raises $14 Million With Elon Musk’s Interactions.
Wall Street Memes is touted as the next meme coin sensation that can replicate the 100x success of PEPE.
The project has raised $14 million in fundraising in just 46 days, demonstrating the hype and FOMO behind this project and making it the fastest-growing presale in 2023.
Wall Street Memes intends to make a mockery of the traditional financial system through a bank of hilarious memes on its social media handles.
Some expert YouTube analysts are touting $WSM to provide exceptional returns, with CryptoWendy0 – an analyst with over 100,000 subscribers – stating that it will hit the forefront of the next crypto bull run;
The memes have quickly become popular, drawing over 40 million impressions per month – making the profile the go-to place for online trading and finance-related memes.
Some of the memes became so popular that they attracted the attention of Elon Musk, who has commented on the hilarious nature of the memes on multiple occasions;
The attention from Elon Musk has helped the cult-like community behind Wall Street Mmes grow to over one million followers.
Experts believe this huge following puts the $WSM in a strong position to be guaranteed a major tier-1 centralized exchange listing following its launch, as exchanges would look to capitalize on the huge trading volumes.
Finally, the team has also demonstrated its long-term commitment to the project by refusing to give themselves any $WSM tokens.
Instead, half of the 2 billion $WSM supply is sold in the presale, with the other half reserved to add liquidity to exchanges and provide community airdrops.
Overall, Wall Street Memes has struck the perfect balance between community spirit, hype, and FOMO, as it positions itself as the next memecoin sensation on the market.
