Memes are like a culture on the internet. There is almost a perfect meme for every situation. Companies, especially crypto ones, now seek meme creators to create memes around their coins or projects. But how about meme coins? These are coins that started as a joke or sparing up from memes. With the wide acceptance of memes, it is no surprise that the world quickly embraced meme coins too. However, there is one bone to pick with meme coins: they are not generally sustainable. Like a flash in the pan, meme coins come and go. There is one project that promises to stay in the long run: Pugglit Inu (PUGT)
But, what is Pugglit Inu (PUGT), and how does it measure up to the meme coin heavyweights like Shiba Inu (SHIB) and Dogecoin (DOGE)? In this article, we will look at each of these coins and see the one who truly deserves to be king of meme coins, battle style. When crypto prices are low, investors usually keep an eye out for meme coins because they may yield juicy returns when the bull run finally begins again. If you are interested in getting a hint of what meme coin to buy during the probably green days, then pay close attention to what you are about to read. Firstly, we will begin with the oldest meme coin, Dogecoin (DOGE).
How often do you take a joke seriously? Not too often, correct? Well, Dogecoin started as an actual joke. That’s right, the developers -Billy Markus and Jackson Palmer, created Dogecoin (DOGE) just for fun. It was initially called LuckyCoin, a fork of Litecoin. But, the developers decided to make it even more fun by attaching a picture of a famous Shiba Inu used for memes and some funny English to go with it. Dogecoin (DOGE) became a hit almost 8 years later, as it did crazy numbers and made an all-time high.
All that popularity and record-breaking prices in 2021 earned Dogecoin (DOGE) a spot in the top 10 market cap coins. Many people bought into the hype, and some made good money from the dog-themed coin. But the hype quickly died down as soon as it came. Some shops and brands accept Dogecoin (DOGE) as a means of payment.
Then again, Dogecoin (DOGE) has fallen almost 300% from its ATH, leaving many investors that bought it later during the frenzy high and dry. Many people might have decided to leave the meme coin because there was nothing else to stay for, or maybe they were looking for the next Dogecoin (DOGE). Whatever the case, the pump and dump of Dogecoin (DOGE) gave rise to numerous other meme coins, the most prominent being the next one on our list: Shiba Inu (SHIB).
Shiba Inu (SHIB)
Shiba Inu (SHIB) blossomed when many meme coins were looking for relevance, riding on the popularity of oF Dogecoin (DOGE). Two essential things made Shiba Inu (SHIB) stand out from its competition, including its predecessor, Dogecoin (DOGE). First, it offered more utility. While it is true that Shiba Inu started as a dog-themed meme token, it did not remain as one. It quickly added utility to its coin and grew an ecosystem from all the popularity it was getting. Many people believe that Shiba Inu (SHIB) could become a Dogecoin (DOGE) killer, and it did so for a while.
The founder (s) of the coin, Ryoshi, saw that it could be more and started building products around it, like a token swap named Shibaswap and burned a significant protein of its total supply to Vitalik Buterin. Even though Shiba’s initial supply was 1 quadrillion, this burning and locking of another significant portion in Uniswap improved the price of the coin by reducing supply.
When Buterin decided to donate 50 trillion SHIB to India in 2020, people began to pay more attention to the coin. The SHIB army-a group of people dedicated to promoting Shiba Inu (SHIB) out of their free will- also helped the coin outperform Dogecoin (DOGE). They were the second major reason Shiba Inu (SHIB) skyrocketed. In October 2021, Shiba Inu’s (SHIB) price went up 300%! But, two months later, its price dropped 100% almost immediately, even though other crypto prices did not fall too much—yet another meme coin without a lot of permanence. And although the Shiba team is trying to give the coin some solid utility, the next project on our list packs so much utility from day 1.
Pugglit Inu (PUGT)
Pugglit Inu (PUGT) is another meme coin based on a dog, just like Shiba Inu (SHIB) and Dogecoin (DOGE). But, just before you give up on this new cryptocurrency, it has apparent differences from its predecessors. For example, it is not based on a Shiba Inu dog but a pug and a piglet. Why the piglet? Pigs are known to be naturally intelligent, so that gives the coin some edge already. Secondly, it focuses on allowing people to use its exchange with lower fees. When buying and selling crypto, fees are a major issue because high fees can really cut down the profit you are trying hard to preserve.
Also, Pugglit Inu (PUGT) promises to operate a secure decentralized system targeted at environmental sustainability. So you see, it is not just a meme coin. It is a coin that cares about its community by offering decentralized infrastructure and cares about the environment by putting in place systems that will make it eco-friendly. When a project combines the outstanding characteristics of a dog and a pig, you can almost be sure it is on to something big. The project plans to launch Pugglit basket, too, a platform where Pugglit Inu (PUGT) can safely store their tokens, thanks to high end cryptographic security.
Now the Pugglit Inu (PUGT) team has yet another feature that might make the coin even more valuable in future. They have a system where the community benefits from every transaction in the short term and in the long term. How? For every transaction on the Pugglit Inu (PUGT) system, a user pays a transaction fee of 4%. This fee is divided into two: all Pugglit Inu (PUGT) holders share 3% of the fees, while 1% of every transaction gets burned. The more users interact and swap Pugglit Inu (PUGT), the more tokens get burned by the minute. Isn’t that amazing? It is almost like a self-burning mechanism. When you compare that to the endless supply Dogecoin (DOGE) has or the billions of Shiba Inu (SHIB) in circulation now, then you can see how Pugglit Inu (PUGT) is different from other meme coins. This one promises to take not just the DeFi world but the whole world by storm, and we think it might accomplish that in a short while.
How to Buy Pugglit Inu (PUGT)
The best time to buy a coin is when it is on presale. You may make more profits when you buy earlier and enjoy some benefits others will be excluded from. So how do you buy Pugglit Inu (PUGT)? It is quite easy. Here are the steps:
- You need to head over to the presale site. This is the only place you can purchase Pugglit Inu (PUGT) for now.
- Register to enter the presale. You will need to input basic details like your first name, last name, email address, phone number and country. You also need a strong password too, so make sure you use one you can remember because you will need it later.
- Choose a crypto wallet. Ideally, you should have one ready before now, but if you do not, then now is an excellent time to set up one.
- Select the crypto you want to use for your Pugglit Inu (PUGT) purchase. While you can choose from more than 10 cryptos, you get a bonus when choosing particular ones. Purchases made with USDT attract a bonus.
- Input the number of dollars you want to use for the purchase. Let’s say you decide to purchase with ethereum; you need to input a figure like $10 or $100. This is how much worth of Ethereum (ETH) you are willing to spend for that transaction. The higher the amount, the more you get an additional bonus!
- The final step is to create your account. Click on the button to buy your Pugglit Inu (PUGT) tokens. Your purchase will reflect in your wallet after a while.
The presale ends in some hours; you do not want to miss all the exciting benefits this new cryptocurrency has to offer. The Pugglit Inu (PUGT) promises to be one meme coin to watch out for. It is undoubtedly the winner of our meme coin battle, as its utility and deflationary mechanisms are second to none. You can find more information here.