As Elon Musk Removes Dogecoin Icon From Twitter, This Other Meme Coin Is Going Viral – Here’s Why
Dogecoin and Shiba Inu are two of the most well-known joke crypto assets in the emerging crypto industry. However, both have largely underperformed due to their lack of real-world utility.
In a fast-growing world where technology is changing how we connect with the world around us, having a voice is becoming even more important by the day.
A new meme coin is facilitating a sanction-free voting mechanism for the future.
Called Love Hate Inu, the vote-to-earn (V2E) project allows users to vote on any trending public issues and earn cryptocurrencies for letting their opinions known.
Shiba Inu Mascot New Face of Twitter
The whole world came to a standstill after social media giant Twitter changed its popular bird logo.
In its place, a popular Japanese dog Shiba Inu became the new face of Twitter company.
Since the takeover by Tesla boss Elon Musk last year, Twitter has boldly incorporated cryptocurrencies into its system.
Musk is a well-known Dogecoin supporter, and the recent unexplained logo change has positively impacted the popular meme cryptocurrency.
Since the unexplained switch of mascots, DOGE has shot up in value, recording a 7.9% increase in the past week and 16.82% in the last 30 days.
However, Dogecoin has struggled to break above the $1 valuation due to its apparent lack of utility.
The good news is there is a new regen of meme coins for crypto investors.
Instead of only focusing on the fun side of these parody coins, users can use them to effect positive societal change.
The project changing the face of meme assets is Love Hate Inu.
Launched on the Ethereum blockchain, Love Hate Inu is a vote-to-earn blockchain project.
The platform allows users to vote on trending meme polls by choosing between 'love' or hate.'
Given that it operates on a decentralized structure, users can easily air their views on poignant societal issues without sanctions or state influence.
Users can vote on domestic and foreign policies, decide if they love a celebrity like Andrew Tate or not, and make choices on several other issues.
To facilitate this, Love Hate Inu is powered by an ERC-20 token called LHINU.
Via this token, users can stake, vote and earn rewards from participating in several societal programs.
An Online Survey Game Changer: Blockchain-Powered Voting Platform
The viral meme token that has got everyone talking is disrupting the online survey market by introducing a blockchain-powered voting platform model.
The $LHINU is a revolutionary voting token that gives you the freedom to express your opinion and engage in healthy discussions while earning valuable tokens.
What's so interesting to note is the platform's ability to reproduce fixed results, so there would be zero manipulation cases.
This means absolute credibility for such polls. With its strong use case, the Love Hate Inu project is on course to disrupt the $3.2 billion survey market.
To this end, users will be able to participate in sponsored polls from native tech and blockchain brands.
Besides earning LHINU, they also get in-app rewards like non-fungible tokens (NFTs) and other metaverse-branded collectibles.
LHINU Presale on a Tear
While many projects have struggled to break even in the current neutral crypto market, the LHINU token has not.
Love Hate Inu has been one of the fastest-growing crypto projects since the beginning of its campaign a couple of weeks ago.
So far, the LHINU token has raised well over $3.19 million in presale amount showing the strong appeal it has on investors.
The project's success has been driven largely by the continued disorientation of the masses with several governments' policies in the face of stiff financial storms.
With this one-of-a-kind vote-to-earn and immutable protocol, users can more generously air their opinions in a sanction-free and inclusive environment without fear of recompense.
Disclaimer: The Industry Talk section features insights by crypto industry players and is not a part of the editorial content of Cryptonews.com