There is a renewed interest in the crypto market as top coins record higher price gains. The market’s valuation reaches some $1.3 trillion, which shows that more investors are buying more cryptos in events of the upcoming bull run.
Shiba Inu, a top promising meme coin, recently experienced price drops despite its impressive bullish start into the new year. While this is disconcerting to SHIB holders, they hope that its upcoming announcement regarding its new network will explode the coin’s growth in 2023.
In today’s post, we’ll review Shiba Inu’s recent price action to give you an idea of what to expect for the rest of 2023. Also, we’ll discuss a new meme coin, Love Hate Inu, that is ready to provide better gains thanks to its high-end use cases. Let’s get started!
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Shiba Inu Overview: Price continues to Fall Despite Its Layer-Two Network Launch
Shiba Inu had an impressive start to 2023 as it recorded a high price of $0.00001549, a 30% jump since the beginning of the new year. In this new month of March, Shiba Inu has tanked in price, trading around $0.000011.
Shiba Inu’s daily trading volume has taken a hit as it records less than $250,000 in the market. Yet, many crypto experts believe this price drop is for the short term. Technical analysts indicate buying pressure will happen in the coming weeks, as the SHIB price is in the oversold region.
Furthermore, Shiba Inu is set to release its layer-two network, Shibarium, which is built on the Ethereum network. Its community greatly anticipates the Shibarium launch, which will increase demand for SHIB tokens. Also, Shibarium will burn more SHIB tokens, thus reducing the supply and increasing the token’s price over time.
Love Hate Inu: The Next Best Meme Coin
Shiba Inu continues to fall through past support levels in the market. Yet, many believe the anticipated Shibarium launch could support its token price. Well, all eyes are on Love Hate Inu, a revolutionary new meme coin with a distinct use case.
It is uncommon to see meme coins with a real-life use case. However, Love Hate Inu is built differently by introducing the world’s Vote to earn crypto platform. On its platform, you can actively discuss and engage in social issues you love or hate.
The developers of this platform will create a voting system where you can vote in complete anonymity. The voting system is built on blockchain technology, ensuring your votes are safe and secure from spammers or malicious actors.
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Love Hate Inu is Set to Disrupt The Online Survey Industry
The online survey industry will feel the heat as soon as Love Hate Inu goes mainstream. The $3.2 billion industry is centralized. Many can manipulate votes and surveys to boost the ego of the government, a political group, or even celebrities.
It is excellent to note that Love Hate Inu is decentralized. Its developers are responsible for creating the first set of polls, where you can state your opinions without fear. You also earn crypto rewards by actively sharing your views and making your Vote count.
Also, as this Vote to earn platform becomes more popular, the developers will hand over poll creation to the community. So, you can create and engage in beneficial discussions in the Vote-To-Earn ecosystem.
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Love Hate Inu’s Impressive Tokenomics and Presale
Another impressive feature of Love Hate Inu is its native token, LHINU, which powers the voting ecosystem. Users must purchase and stake this token for at least 30 days to earn voting power. Your voting power can increase based on the number of tokens staked and the duration of the staking period.
The total LHINU supply is 100 billion tokens. Interestingly, this meme coin will sell 90% of its supply in an eight-staged presale. This presale will take place from the 8th of March to May 8, 2023. Each presale stage will offer over $0.000005 increment, providing previously-staged investors some marginal profits.
Interestingly, the first stage (set at $0.000085) has been concluded. Within the first week of its presale, Love Hate Inu raised over $800,000 in capital. The second stage has started. It thus provides an advantage to purchase this token at a low price before exchange listings skyrocket its price further.
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Love Hate Inu is Gaining Popularity in The Meme Coin Space
The meme coin space recently witnessed one of its top coins, Shiba Inu, experiencing price drops in the last 7 days. While this is concerning, there is still active support and growing enthusiasm for new and existing meme coins among fans and investors. As such, Love Hate Inu is having the best support and fame within its short period in the market.
In addition, this crypto project has a huge online following. It has become popular in rolling polls of celebrities on its website. The meme coin stage is set for Love Hate Inu, as many crypto experts predict it will topple Dogecoin and Shiba Inu.
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Final Thoughts: Get Involved with The Best Meme Coin Investment of 2023
Shiba Inu, despite its bullish momentum to the upside in the new crypto year, has lost its steam. Yet its Shibarium launch could turn things around for its price, which SHIB investors eagerly anticipate.
However, this new meme coin, Love Hate Inu, has gained popularity in less than two weeks of launch. Without any doubt, it is set to disrupt the multi-billion-dollar survey industry and dominate the meme coin space. Now is the time to consider purchasing this crypto, as it is relatively cheap. Be a part of Love Hate Inu’s early presale stages, and start recording profits in your portfolio.
