ArbInu (ARBINU) seems to be dead as its price has been tanking in the last few days, having shed around 90% of its value since setting record highs in March near $0.001. Unfortunately, the utility-lacking meme coin appears to have been nothing more than a pump and dump.
Love Hate Inu: A Revolutionary Social Media Polling Platform
Love Hate Inu (LHINU) is a new dog-meme-inspired social media polling platform that features revolutionary new stake-to-vote, vote-to-earn blockchain technology. Users will be able to engage in discussions and vote on the world’s most contentious, debated issues.
Vote-to-Earn: The Future of Online Polling
LHINU owners will be able to stake their tokens to get a share of the vote on each poll. Every time a LHINU owner participates in a vote, they will be financially rewarded, hence why Love Hate Inu is being referred to as “vote-to-earn”. These rewards will be provided by the creator of each poll. The more tokens users stake, and the longer the vesting period, the more voting power they will be handed over each poll.
Disrupting the Online Survey Market with Blockchain Technology
Love Hate Inu is disrupting the online survey market by introducing the first blockchain-powered voting platform capable of recording immutable results via distributed ledger technology. The software market grew at a compound annual growth rate (CAGR) of 14.6% in 2022 from $2.79 billion to $3.2 billion, with this market expected to expand to $5.69 billion by 2027, implying a CAGR of 15.5% over the coming years.
The Future of Love Hate Inu
Love Hate Inu aims to become “the only online polling platform that truly matters”. The project plans to launch the token on exchanges at a price of $0.000145, which would mean a market capitalization of $14.5 million at launch. If the project enjoys decent growth later in 2023 and achieves milestones in its roadmap, the market cap of its LHINU token could go a lot higher.
If LHINU can reach even 5% of Shiba Inu’s $6.7 billion market cap, that would imply a market cap of over $335 million and an LHINU token price of $0.00335. That’s around 30x versus the current price. Some think the meme coin could go even higher, with Shiba Inu and other major meme coin prices expected to go significantly higher in the coming years as the crypto bull market returns.
Early Love Hate Inu investors could do extremely well. However, it’s important to note that meme coins can also be highly volatile, so investors should carefully consider their risk tolerance and investment strategy before jumping in.