Meme coins have a fleeting existence, thanks to their weak foundations.
There is no point in buying a meme coin because it went to the moon. That says little about its market relevance or potential. You may soon see the same token crash down to a point of no return.
To make profits from the meme coin market, the key lies in picking up trends early on. To give you a head start in your hunt, here is a meme coin that is likely to explode within a few weeks. The AI coin is going viral in crypto communities. But since it is in the presale stage, investors can still get a low entry point into the token.
Dog coins are extremely popular in the meme coin market. Speculative investors adore these tokens so much that they are willing to pour millions of dollars into them. But the problem is, it is only a matter of time before they chase another.
If there is anything consistent in the meme coin market, it is the erratic love for dogs, and pets in general. It takes just a small downtick for chaos to unfold. Soon, these meme coins are pushed back into obscurity.
Of course, there have been dog-coins that defied the trend. A few good examples are Dogecoin, Shiba Inu, and BONK. They hold the first three positions on the meme coin chart, and they continue to be loved.
The latest to join the list is Scotty the AI or $SCOTTY. The Scottish Terrier is touted as the ‘Crypto Guardian’. Its iconic features are jet-black fur that reminds one of the night sky and piercing eyes that exude wisdom.
Yet, $SCOTTY acknowledges that its dog theme alone won’t do the magic. The fundamentals of the project are built on the understanding that market relevance is key to the long-term survival and sustainability of a meme coin.
Meme coins are known for their volatility. They can climb and descend the charts within hours. They can balloon up and wipe out your wallet within a matter of hours. Sensational news and social media trends influence the trajectory of a meme coin to a shockingly large extent.
In fact, they are built on these sensational events and trends.
Even though meme coins continue to be one of the most thriving sectors, they’re not exactly considered a long-term investment. Since trends can rapidly shift in the market, it is not advised to hold onto a meme coin once it begins to slump. It may never climb its way back. That’s the normal phenomenon in the niche.
But Scotty the AI aims to be an exception.
The project adopts a meme coin tag as a tool to spread the word about its native ecosystem in the making. It includes a crypto hub, a crypto token swap, and a staking module. Within and across all these three platforms, $SCOTTY tokens will be used as the payment and reward currency.
The highly market-relevant ecosystem and the utility that $SCOTTY plays within these ecosystems help it withstand the dump that often follows the pump.
$SCOTTY marks itself off from the crowd of dog-coins with its utility aspects.
The platform also introduces a large three-pillar ecosystem, as discussed above:
The ecosystem has the potential to onboard a large user base over the next few months, fueling the demand and price of the meme coin.
The growing traffic to the $SCOTTY presale and the FOMO around the project indicate a 10X to 30X surge within hours of the meme coin launch. Thus, the market price will prove to be much higher than the current price.
The tokenomics looks strong with no team allocation, thus ensuring the active development of the ecosystem. Initiatives like burning liquidity keys, the security audit, and presale staking further strengthen the credibility of the project.
BUY $SCOTTY FOR THE PRESALE PRICE
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