The crypto market is seeing something of a resurgence when it comes to presales. Of course, presales have been going even when the market was down, but there has been a far bigger interest in them in the past few months. Both the bull market and general optimism about the future of crypto have contributed to this.
The result of that higher interest is the fact that some presales have smashed past presale funding milestones. Two of these projects are Thug Life Token and Chimpzee, which we cover in detail later. First, let’s take a look at how meme coins are becoming more unique as time passes.
What you'll learn 👉
Meme Coins Can Take All Sorts of Forms
Tokens in the crypto market are not currencies – more access to ecosystems that offer a lot of possibilities. Take DeFi tokens for example. These are not actual units of currency so much as they are units of utility that allow investors to increase their revenue in a variety of ways.
That idea also applies to meme coins, surprisingly. 2023 has seen a sudden surge in the number of meme coins, led by the likes of PEPE. However, there has also been a noticeable increase in the utility of these meme coins, as opposed to just being joke tokens.
Meme coins now take on different shapes and forms, and this idea is best represented by $THUG and $CHMPZ. Both of these are meme coins that are more unique than your average joke token.
Market’s Most Fun Token, THUG, Hits $800K
Thug Life Token revolves around embracing the ups and downs of life, incorporating both setbacks and humorous memes. The cryptocurrency market has been on a rollercoaster ride in recent months, leading to the emergence of numerous memes. Thug Life Token represents the culmination of these emotions.
The Thug Life movement gained popularity in the 1980s, largely due to influential hip-hop artists like Snoop Dogg. This project presents itself as a “second chance” for individuals who have been manipulated, influenced, and exploited for financial gain. The team describes the endeavor as a fusion of humor, camaraderie, and the shared struggle of navigating the web3 world. Their goal is to transform the negative landscape of web3 dumped presales into a thriving and positive space.
Despite launching its presale just a few hours ago, the project has already generated a substantial amount of funds at an impressive pace. As word spreads about $THUG, it is anticipated that more investors will join the movement. There is a noticeable sense that the project is poised to surpass new milestones for meme coins, providing significant potential for savvy investors who are seeking promising tokens that can have a substantial impact on their portfolios.
Currently, the $THUG token is being offered for purchase at a price of $0.0007. It can be acquired using either ETH or USDT and has already generated a significant amount of funding within a few hours. It is evident that this token is poised for rapid growth, and recent trends indicate that it may experience a swift surge.
Operating on the Ethereum blockchain, the $THUG token has a total supply of 4.2 billion tokens. For the presale phase, 70% of the total supply has been allocated, with the objective of raising $2.058 million in funds. Additionally, there is a three-month liquidity lock period in place to ensure stability.
Furthermore, 15% of the tokens have been reserved for community rewards, which will be distributed through giveaways and an engagement airdrop campaign. The airdrop campaign will commence after the $THUG token is launched on a decentralized exchange (DEX). It is important to keep an eye out for this opportunity, as you will have the chance to participate in the $THUG airdrop once the presale concludes. The sign-up process will be available on the project’s website or through their Discord platform.
THUG has a lot going for it besides the fun meme coin nature. The team behind it is the same one that created SPONGE, which was another successful token. There are also plans for wide-scale marketing campaigns, which help increase exposure and drive awareness. The liquidity pool, which will have a guaranteed amount of 200,000 ETH on launch, will also be locked for 3 months.
CHMPZ is Another Meme Coin With $800K Within Reach
Chimpzee embodies an initiative aimed at addressing critical challenges such as wildlife preservation and climate change, while also providing users with an avenue to generate passive income. To support these causes, the project team has allocated 10% of the token supply and a portion of profits to organizations dedicated to tackling these urgent issues. Moreover, Chimpzee is committed to establishing an ambassador and community outreach program, funded by the project’s resources, recognizing the significance of raising awareness and funds for conservation-related projects.
The Chimpzee shop serves as a centralized hub, offering a wide range of goods and commodities. In contrast, the NFT marketplace enables users to participate in buying and selling NFTs, creating an opportunity for passive income through a percentage of the platform’s trading fees.
In the unique Zero Tolerance Game, which strongly upholds the principle of zero tolerance for any mistreatment of nature and the environment, players can earn CHMPZ tokens by achieving specific milestones. To further enhance passive income generation within the Chimpzee ecosystem, holders of Chimpzee NFT passports gain access to additional benefits, enabling the accumulation of more CHMPZ tokens. The steps involved in acquiring a Chimpzee NFT passport are outlined below.
Additionally, Chimpzee has plans to introduce a mobile application that utilizes AI technology to create personalized Chimpzee AI avatars. Through this innovative mobile app, users will have the opportunity to design their own unique chimpanzee avatars. This feature will be made available after the conclusion of the presale.
Hey #ChimpzeeArmy!🐵💪— Official Chimpzee Project (@RealChimpzee) July 10, 2023
The $CHMPZ token is the heartbeat of our ecosystem!💰
Use your tokens to acquire Chimpzee #NFT passports and other exclusive items from our #Chimpzee #NFT Store!🛡️
Join the #Chimpzee #Presale now!🌳🦍🚀https://t.co/Geog3EVuMC#EcoCrypto #GreenCrypto
The presale entails a total supply of 40 billion tokens, and any unsold tokens will be permanently removed from circulation at the end of the presale period. Currently, Chimpzee is actively conducting its presale, with the current stage offering the token at a price of $0.00070. Following this stage, the price will increase to $0.000775. The listing price for the token will be set at $0.00185.
Chimpzee NFT passports will become available after the presale; however, it’s important to note that only investors from presale stage 1 will have the opportunity to purchase the exclusive Chimpzee Diamond NFT passports. A whitelist event will be exclusively held for these investors before the NFT passports are made available to the general public. In the event that any Diamond NFT passports remain unsold, the public will have the chance to purchase them.
Regular NFT passports will also be available after the presale but once again, only to presale investors. A whitelist event will be organized, and if any passports are left unclaimed, the general public will have the opportunity to acquire them.
Only participants in the initial round of the presale will have the chance to acquire the exclusive Chimpzee Diamond NFT passport. When CHMPZ coins are utilized for obtaining Chimpzee NFT passports, they will be burned, potentially reducing the overall circulating supply by up to 10%.
It’s clear that the crypto community is seeing more potential in meme coins. Otherwise, there wouldn’t be such rapid growth in the presale funding of $THUG and $CHMPZ. This niche is evolving quickly and we might just see more tokens generate the same kind of fervor. For now, those interested in presales and meme coins should take a look at Thug Life Token and Chimpzee.
CaptainAltcoin's writers and guest post authors may or may not have a vested interest in any of the mentioned projects and businesses. None of the content on CaptainAltcoin is investment advice nor is it a replacement for advice from a certified financial planner. The views expressed in this article are those of the author and do not necessarily reflect the official policy or position of CaptainAltcoin.com