In one of the most indicative signs of crypto market recovery, Bitcoin (BTC) gained more than 15% in value over the last week. These crypto powerhouses have been shaping the market for years and with this surge, even the biggest skeptics are ready to admit that the disastrous 2022 is finally behind us and that 2023 will be the year of crypto recovery.
However, the success of BTC was eclipsed by the new meme coin Love Hate Inu (Lhinu) which is exploding. Recently launched presale has broken several records and the token has already finished Stage 1 and started Stage 2, weeks ahead of schedule. This amazing Vote2Earn (V2E) crypto has attracted a lot of attention, causing even major investors to step in and grab a piece of the pie, quickly exhausting the available supply and ending Stage 1 of the presale. Although still in presale, LHINU already threatens to surpass the popularity of its predecessors like Dogecoin and Shiba Inu.
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BTC & Hits 15% Gains in 7 Days
Last Tuesday, Bitcoin surged to its nine-month high, breaching 26k and causing a wave of optimism in the market. It was then followed by Eth, which also spiked to a seven-month high, reaching a value of $1,779.92. While Ethereum has receded since, Bitcoin’s continued growth is a clear indicator that we need to prepare for another bullish year in the crypto market.
It also proves that the collapse of Silicon Valley Bank (SVB) didn’t cause a domino effect that would trigger a crypto crash, the second one in as many years.
This New Meme Coin Is Exploding
Love Hate Inu (LHINU) has been the talk of the town ever since the launch of the presale a few weeks ago. LHINU represents a new generation of meme coins, with a built-in utility in a V2E system that plans on disrupting the survey industry. To clarify, it is an industry worth more than $3 billion and the Love Hate Inu platform aims for a sizeable chunk of that cake.
This is the main selling point for investors, who have immediately recognized the potential of this new platform and have poured a lot of capital into its presale. Many influencers have used this argument to predict LHINU going viral as soon as it hits the open market.
Love Hate Inu combines meme power and viral potential with real-world utility and a revolutionary V2E platform that is already proving immensely popular. With LHINU, you can vote on your favorite (or most hated, whatever the case may be) celebrity, athlete, brand, politician, or anything else really, letting everyone know how you feel about them. And if we have learned anything in the last couple of years it is that Internet people have strong feelings on various topics and love sharing them loudly. Love Hate Inu provides them with a perfect megaphone that will let everybody know just how they feel.
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Love Hate Inu’s Voting system
Love Hate Inu offers a simple voting system that has a myriad of uses in the modern world. Since the entire platform is based on blockchain technology, its results are transparent and verifiable, leaving no doubt about rigging or any other potential wrongdoings. Using smart contracts for voting isn’t a new thing, in fact, some countries are contemplating using it in official government elections. However, we haven’t seen a system as simple and elegant and yet tampering-proof as the one introduced by Love Hate Inu.
To vote, you need to stake your LHINU tokes for a period of 30 days. This will prevent vote manipulation and ensure correct results each time. Holders will receive rewards for the staking period. In essence, the more you vote, the more you earn.
Love Hate Inu also has a use in the corporate world. Brands can use it to organize polls themselves, saving a fortune on pollster agencies and other third parties. With exact and verifiable results, LHINU polls are every bit correct as anything existing agencies can organize.
Record-Breaking Presale
In just the first few hours of the presale, Love Hate Inu raised more than $100,000. As if that wasn’t enough, it hit the $1 million mark barely a week later. The huge interest in the LHINU token is a clear sign of how popular the idea behind this amazing V2E platform is. Investors can’t get enough of LHINU, grabbing all available tokens and prompting the developers to end presale stages weeks ahead of the schedule. At this rate, the entire quantity of LHINU tokens allocated for presale will be gone in record time.
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Project Security is an Imperative
The crypto market has seen more than its fair share of various scams, including rug pulls and pump-and-dump schemes. To remove any potential doubt about similar moves, the team behind Love Hate Inu has decided to sell 90% of all tokens in presale, leaving just 10% for rewards, liquidity, exchange listings fund, and all other expenses. This is a fairly unprecedented move, and it shows just how dedicated the team is to demonstrate their devotion to the project.
Distributing that many tokens to the community is not something we often see. In fact, developers rarely allocate more than 30% or 40% of the total token supply for presale. Having 90% of the supply offered in presale is a move that has gone a long way toward persuading the public of the developers’ honesty and integrity.
Conclusion
BTC and ETH gains are very good news for the crypto industry, in dire lack of such good tidings. They will help restore at least some of the lost investors’’ confidence and set a good tone for the remainder of the first half of 2023. But those aren’t the only good news. The market is witnessing several new tokens that are also showing a lot of promise. Among them, LHINU stands out the most, the token which is exploding as we write this. The new V2E platform is one of the most interesting projects on the market lately and early investors stand to make a bundle once it appears on crypto exchanges later this year.
