Tora Inu is the latest meme coin to take over the crypto town. Industry experts predict Tora Inu to become the next-gen meme coin in terms of market cap and user activity, thanks to its visionary whitepaper and a utility-rich roadmap.
‼️Buy Tora Inu Now‼️
Get in while it lasts for the best price per token.
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How to Buy? 👇👇https://t.co/GdhBzL1vxC pic.twitter.com/qk05cfBFdD
— Tora Inu (@torainucoin) October 20, 2022
Tora Inu Learns from the Mistakes of Shiba Inu and Floki Inu
Shiba Inu was one of the biggest crypto sensations of 2021. It inspired millions of people around the world to plow money into the dog-themed token. The team’s enthusiasm and community strength kindled a new wave of meme coin mania in the market after the massive success of Dogecoin.
At one point, it took the token to $0.00008845. Then came the crash. The meme coin, unable to weather the long-drawn crypto winter, is now 88.58% down from its all-time high. Shiba Inu serves as an excellent example of how a cryptocurrency can’t thrive on speculation.
Shiba Inu 1-year price chart, 20 Oct 2022, source: CoinMarketCap
The project’s grand promises of a metaverse and Shibarium (a layer 2 scaling network) have failed to create meaningful value. SHIB’s use as a currency has also been slow, much to the disappointment of the community.
Floki Inu is another meme coin that has been unable to sustain long-term value. Although it emerged into the scene with bigger promises – to create a movement rather than just a cryptocurrency – the community seems to have given up on the token.
The key promises from Floki Inu were an NFT gaming metaverse called Valhalla, an NFT and merchandise marketplace called FlokiPlaces, and an education platform called Floki Inuversity. However, the dramatic crash of the token to 98.00% from its all-time high has left the community stranded.
Floki Inu 1-year price chart, 20 Oct 2022, source: CoinMarketCap
Floki Inu, again, is a classic example that reveals the good and bad sides of the meme coin mania. While the meme coin tag has helped projects like Shiba Inu and Floki Inu acquire community support, the speculation has also backfired on them. The highly volatile substance of these tokens triggers steep upturns and downturns overnight.
How can projects use the meme coin tag to their favor without letting it kill them?
Tora Inu seems to have got the answer right. The project combines some of the hottest crypto trends like meme coin, P2E, metaverse, and NFTs to nurture a strong community and value. Its focus on expanding the use cases and integrations of the underlying token sets it apart from the crowded meme coin market. The enthusiasm around the presale of $TORA, the native token of the ecosystem, stands testimony to the project’s large growth potential.
Tora is Gearing Up to Become the Next-gen Meme Coin
Tora Inu has a utility-rich roadmap that will unveil in the coming quarters and add value to $TORA. Some of the key milestones ahead include the launch of an NFT Native Marketplace, P2E game, Mini Games with NFT Integration, and Lottery Mini Games.
Apart from use cases, these are the key pillars Tora Inu is built upon:
- Deflationary tokenomics: It ensures that the token gains value gradually as a percentage of the tokens are burnt out of circulation after every single transaction. The supply squeeze that follows is expected to create a bullish momentum for the token. To further strengthen tokenomics, the protocol redistributes $TORA rewards to users after they complete a transaction.
- High earning potential: As discussed, Tora Inu will host a vibrant play-to-earn ecosystem. Users can choose from a wide range of mini-games to earn a side income from the platform. It will also host draws and lottery which users can sign up for based on the entry requirements. In addition to that, it offers the opportunity to stake $TORA tokens in a native platform and earn handsome rewards during the HODLing period.
Tora Inu short-term roadmap
- Community support: A strong community is the backbone of a crypto project. Tora Inu capitalizes on the meme coin tag to build buzz around its project and has created an impressive following on Twitter and Telegram in a short space of time. The project is featured in major crypto publications.
- Credibility: It is difficult to win a community in a market crowded with scam projects. To rule out all concerns and doubts, Tora Inu undergoes regular audits from leading blockchain security companies. In addition to that, the team is fully verified by Coinsniper. There are also rumors that Tora Inu has already tied up with high-profile centralized and decentralized exchanges for listing.
‼️Tora Inu (TORA) team has been successfully KYC’d to ensure the communities safe investment‼️
Audit coming shortly before we begin the beta presale.
View KYC Certificate: https://t.co/AYFoUVDIeJ pic.twitter.com/Dw3ieiNXhf
— Tora Inu (@torainucoin) October 4, 2022
Tora Inu is currently running a beta sale of its native token $TORA at a discounted price. Presale participants also get entry to the Tora Inu giveaway worth $25,000 on Gleam.
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