Due to its disruptive potential, the memecoin Love Hate Inu was soon able to take in 1.6 million US dollars through the presale. Now only 15 hours remain before another milestone of the requested project is reached. What exactly Love Hate Inu is and what has led to this high demand is now analyzed in more detail below.
High demand quickly brings in $1.6 million
The advance sale of the revolutionary Web3 online survey platform Love Hate Inu was only on Launched March 8th and was able to take in over 1.6 million US dollars in just under two weeks. Because many investors do not want to miss the chance of attractive increases in value through the advance sale and the temporary hedging against price losses in the bear market.
The presale will be over total 8 phases settled in which 12.5% each of the token offering be available. In this way, 90% of the total of 100 billion LHINU tokens can be bought. Thus, the project can particularly high decentralization achieve and at the same time Prevent rug pulls.
During each phase, the Selling prices gradually increased from $0.000085 to $0.000145. While the first investors of 70.59% book profits Investors can quickly benefit from the presale still over 61.11% look forward to it if they can still make it in the next 15 hours.
hear me #LoveHateInu clan!
As the weekend draws near, let us prepare ourselves for battle!
Stage 3 of $LHINU #PresaleIt’s coming!
Get tokens, cast votes, claim glory!
https://t.co/Pu2Bo8XmK6#CryptoCommunity #AltCoins #MemeCoins pic.twitter.com/RWzj3hn9Vw
— Love Hate Inu (@LoveHateInu) March 24, 2023
Then the token price will already be raised to $0.000095. The advance sale will be completed no later than 8th of Mayprovided that it is not already sold out due to increasing demand.
Secure a presale return of up to 61.11% now!
Previous problems with polling
At first glance, Love Hate Inu seems a bit funny, but behind the memecoin appearance there is also a particularly useful use case that sets new standards in the online survey market. Then Due to the centralized organizational structure used to date, opinion polls offer a certain potential for manipulation and only limited transparency and meaningfulness.
In this context, the following quote from the British politician Winston Churchill should also be remembered: “I only believe the stats that I falsified myself.” Thus, however, the Freedom of expression restricted, mankind manipulated and democracy endangered.
Eventually will People are significantly influenced by the opinions of others. Just think of the experiment of Psychologist Solomon Asch remembered which deals with the areas peer pressure and peer pressure has employed. With these, the Half of the respondents chose the wrong answer, since the others did likewise. Only 25% had the confidence and courage to stand up to the majority.
Likewise, this phenomenon plays in marketing under the designation social proof a crucial role. Because people’s brains are designed to go into a low-power mode, and if many people have had a positive experience with the product we want, then there’s a good chance that we could too. However, here too much manipulatedas the reviews on Amazon have shown, for example.
Invest now in the democratization of public opinion research!
Blossoming liberal media landscapes degenerate into desolate wastelands
In some countries, what used to be colorful, flourishing liberal cultural landscapes have now become rather desolate media deserts, which only a little do justice to their original task – the critical and investigative examination of the powerful for their misconduct as the fourth state power. But other than that, propaganda is at least as old as it was when writing and the word were invented.
Today, in some countries, the media has increasingly degenerated into industry and court reporters. Therefore, many critical thinkers have increasingly distanced themselves from them. At the same time it also has Confidence in opinion polls has declined in the context of major controversial issues. In addition, the enlightenment of the only sovereign – the population – is thus prevented in autocratic countries. Some of the many examples of this manipulation were various bribes of journalists by politicians or the Twitter files.
Funny memecoin brings reliability to online surveys through decentralization
Love Hate Inu offers disruptive potential for the $3.2 billion online survey market. Because it can thanks to the blockchain-based solution uncompromisingly honest, secure, transparent and non-manipulable opinion research make possible. In addition, the ecosystem also anonymity of the participants in order to protect them from political persecution and other reprisals. The quality of the data, which is now referred to as the new gold, is also improved in this way.
In this context, Love Hate Inu uses the Stake to Vote. In this process, the potential survey participants have token stake for at least 30 days, in order to be allowed to vote. Through this procedure Malicious behavior such as spam, manipulation and bots are prevented become. In contrast, honest participants will then rewarded proportionally to their staking amount via the vote-to-earn process. To do this, the pollsters must first fill a prize pool, which can be real or virtual rewards, such as NFTs or vouchers. Thus, a high level of participation should also be achieved in order to results that are as representative as possible to achieve.
This is exactly where the concept of memecoins comes in. Because these are known in particular for having a gather a large community around them. Although they started out as fun, some of them have grown into the largest cryptocurrencies by market cap today. In addition, they have also recorded particularly high price increases at times, as is the case with Shiba Inu, which has risen by 6,973,756% since its launch to date. Like Mark Zuckerberg, Love Hate Inu starts with his hot-or-not function for Meta, which was previously known as Facebook. However, it still offers much greater potential for referendums in a true and direct democracy or even for Choose.
Invest early in Love Hate Inu!
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About the author: Simon Feldhusen first came into contact with the stock market 16 years ago and has been dealing intensively with trading, cryptoassets, stocks, P2P, corporate finance, finance and entrepreneurship on a daily basis for more than 7 years. He has also been working as a copywriter and ghostwriter in the financial sector for several years. During this time he has acquired a diversified knowledge through various training courses on the financial markets and following the daily news. Since then, not a day has gone by that he hasn’t engaged with the markets. He publishes for Finanzen.net, ETF-Nachrichten.de and Coincierge, among others.
