Why do people invest in meme coins at all? Some do it just for the hype, others do it because they think it can bring profits during a pump. Very few do it because they think that these types of tokens can actually bring utility to the crypto market.
Some meme coins, like Tora Inu (TORA), do just that – bringing new ideas to a crowded field. It’s showing itself to be one of the best ways to enter the meme coin because it offers utility. Most meme coins are just joke coins, but TORA is much more than that.
Tora Inu Brings Together the Best of Meme Coins
Tora Inu Phase I sale is quickly selling out.
?Major press publications are beginning to notice #TORA
?Bullish news coming end of week
?How to buy: https://t.co/JH8xBKCDOe #ToraInu #dogecoin #crypto #ETH #presale #Cryptocurency #Giveaways #torainucoin #shibainu #SHIB pic.twitter.com/xqswvD9eQj
— Tora Inu (@torainucoin) November 2, 2022
Meme coins are unique kinds of assets. They are effectively purely hype-driven, a sort of word-of-mouth campaign that explodes after it reaches a critical mass. Then investors pile in hoping to be part of the hype train – or sometimes just wanting to make a quick buck.
How long can this last though? Investors are losing interest in meme coins that are just copies of what came before. That is why Tora Inu (TORA) is such a captivating project – it offers utility on top of its meme coin nature. This utility is what makes it the pioneer of the next generation of meme coins.
The project has multiple ways in which it offers value to the user. The most important is the fact that it has a unique token burn and redistribution mechanism. Burning in the Tora Inu network redistributes rewards and reduces supply. This in turn increases the value of the TORA token. The more transactions take place, the higher the value goes.
Tora Inu will also have NFTs, a P2E game, and a metaverse. Players can battle their pets – which take the form of NFTs – with others to earn TORA and NFTs. The NFTS can be leveled up or sold on marketplaces.
That’s why projects like Tora Inu (TORA) are changing the game by offering many features that set it apart from other meme coins. For example, the project offers a Play-to-Earn game where players can battle their pets against others and earn rewards in the form of TORA. The metaverse will be released in the future and will allow players to buy land.
The near-term roadmap for Tora Inu also looks exciting. Currently, the team is planning a security audit for the network. Other priorities are extensive marketing campaigns and listing on centralized exchanges. The first NFTs will be released in Q2 2023.
The first stage of Tora Inu’s is now open.
The TORA presale is currently live and it uses an incremental price increase method where TORA’s price goes up as new presale phases are launched. There has not been a private sale, and the beta sale will take place until phase 3.
TORA is a Meme Coin to Watch
There are few meme coins that are doing anything exciting. There are no meme coins doing what Tora Inu is doing. The project has all the distinctions of a regular meme coin but offers so much utility on top that it warrants every crypto enthusiast to keep an eye on it.
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