Thug Life Token continues to grow in momentum after crossing the $800,000 milestone – just twelve days after going live.
The project has introduced an entirely new presale proposal to the memecoin sector, allowing everybody to get invested on a level playing field to incentivize long-term holding.
With just seven days left in its presale, this might be your last chance to get invested in this project that experts believe can provide at least 20x returns as soon as it launches. Here’s everything you need to know.
Traders Flock to Get Invested in Thug Life Token Before Hard Cap is Reached
Traders are quickly rushing to get invested in the new Thug Life Token before it reaches its $2 million hard cap level.
The project’s fundraising went live just two weeks ago and recently crossed the $800,000 fundraising milestone, demonstrating the extraordinary hype behind this unique presale.
$THUG, the native token behind the project, is designed to provide a second chance for all those that have been tricked by their favorite influencers into buying a memecoin and being used as exit liquidity.
The project is on a mission to turn the graveyard of dumped presale projects into a prosperous space, helping investors turn their previous losses into wins.
Thug Life Token takes its branding from famous memes and individuals, using Snoop Dogg, Hasbulla, and Pepe the Frog as its main marketing materials;
However, the project isn’t generating traction due to its meme appeal. Instead, investors are quickly rushing to the project after learning about the highly experienced team behind it and its unique presale proposal.
Unique Presale Proposal Sets Foundation for Massive 20x Returns
Thug Life Token is using a unique presale proposal that has previously been unexplored in the presale sector.
Instead of using multiple price points over several stages, $THUG will be sold in one stage at a price of $0.0007 – allowing everybody to get invested at the same price.
The team believes this will act as an incentive for long-term holding as they seek to build a strong and united community that can support the token over the long term and take it to new heights.
The theme of the tough love of the internet, combined with humor, brotherhood, and the shared struggle of hustling in the Web3 world, provides a solid foundation for similar experiences for investors.
Furthermore, the team has stated that they aren’t allocating any of the tokens for themselves in the presale as they want it to be an entirely community-driven project.
Therefore, 70% of the tokens are sold in the presale, with 15% reserved for marketing and 15% reserved for community rewards.
In addition to the single presale stage, Thug Life’s presale comes with a $2 million hard cap limit, meaning there’s not much time to invest as almost half of the tokens have been sold.
Based on the presale price and the total supply, the Thug Life market cap will begin at just $2.94 million – providing enormous growth potential following its presale.
For example, the market cap would only need to reach $30 million to provide investors with 10x returns, a highly achievable goal reached by most memecoins in the space with sufficient marketing.
Can Thug Life Token Replicate the Success of PEPE and PEPE 2.0?
With such a unique presale proposition, investors question if $THUG can replicate the success of $PEPE and the newly-birthed $PEPE 2.0.
Both these memecoins have achieved mainstream adoption, allowing their market caps to soar to exceptional heights in short periods.
Experts believe that $THUG has the capability of replicating the success of these projects due to the fact that the team behind the project is highly experienced.
The creators of Thug Life Token also recently created Spongebob Token, a memecoin that went viral and provided over 100x returns for early adopters during the bear market.
You know what time it is. All interactions with this tweets are noted.
🔑 Tag frens, drop wallet addy and keep an eye on DMs for $THUG pic.twitter.com/m5hPpKurTw
— Thug Life Token (@thug_life_token) June 26, 2023
The team is highly capable and knowledgeable in the memecoin sector, providing a solid foundation for the project to gain momentum after the presale.
Besides not allocating any tokens for themselves in the presale, the team continues to demonstrate their knowledge regarding viral memecoins by stating the liquidity pool for $THUG will be locked by Team Finance once the token is launched.
Furthermore, they’ve promised that $200,000 of ETH will be guaranteed for the uni swap pool, providing sufficient liquidity for whales to enter and exit the market.
Astute Marketing Campaigns Designed to Drive Awareness
Alongside the unique tokenomics, the team behind Thug Life Token has stated that they will implement wide-scale marketing campaigns to drive awareness.
Using the experience gained from previous projects, Thug Life intends to spread the message as far as possible with multiple advertising campaigns on popular trading platforms like DexScreener.com.
In addition, they’ve also onboarded multiple influencers to already start spreading the message, such as Michael Wrubel, Jacob Crypto Bury and Crypto Gains;
With just over half of the tokens left to purchase in the presale, it’s likely to sell out much faster than the anticipated end date, seven days from now.
Therefore, investors looking to be positioned in this next memecoin touted for 20x gains will need to act quickly or end up paying higher prices on DEXs once it launches.
What Other Tokens Can Explode Alongside Thug Life Token in July?
Thug Life Token isn’t the only presale project gaining significant traction within the market recently, with Wall Street Memes also making its mark on the industry.
Its presale recently crossed the $13.5 million milestone and is touted to be the next memecoin sensation as it quickly becomes the most sought-after token in the sector.
Wall Street Memes – The Next Memecoin Sensation?
Wall Street Memes continues to thrive after crossing $13.5 million in fundraising just forty-five days after getting started.
Investors are rushing to this project due to its ability to attract an enormous following, hilarious memes, and high-profile attention from billionaires like Elon Musk.
Wall Street Memes intends to make a mockery out of the traditional financial system and Wall Street through humor-based memes that expose our current financial system.
The truthful nature behind the memes has made Wall Street Memes the go-to spot for finance and trading-related memes, generating over 40 million monthly impressions.
The memes have become so popular that they even attracted the attention of tech tycoon Elon Musk, who has been seen commenting on the memes on several occasions:
The interest from Elon Musk caused a flurry of investment into the project as investors speculated if Musk had found a new memecoin to cheer alongside Dogecoin.
Furthermore, investors are equally intrigued by the long-term prospects of the token after the team announced its refusal to allocate any tokens for themselves in the presale.
Instead, the entire 2 billion $WSM supply is reserved for the community, with half sold in the presale and the other half dedicated to adding liquidity to exchanges and providing community rewards.
Finally, the fact that Wall Street Memes has a cult-like community of over 1 million followers puts it in a strong position for a major tier-1 centralized exchange listing on launch – with Binance and OKX expected to be the first to come knocking.
Overall, Wall Street Memes has created a community-driven project based on internet culture, meme-based humor, and decentralized finance – setting the foundation for explosive growth following its presale.
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