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- 1 Love Hate Inu is a meme coin that is based on the V2E mechanism and was launched in 2023.
- 2 There is a difference between presale expectations for the performance of coins and real performance.
- 3 The LHINU tokens are still expected to give a positive return in the short and medium term.
Love Hate Inu is the ultimate token that allows users to express opinions on hot topics and get rewarded. The Lhinu platform provides a unique opportunity for users to engage with important issues and promote healthy discussion. The movement in LHINU is contributing to the next meme sensation and earning valuable tokens. This platform has been hosted on the Ethereum blockchain.
Love Hate Inu has much more purpose to serve than just being a meme token. It is a project with a mission to provide a platform for people to come together and vote on the issues that matter most. They provide space for politics, entertainment, or social issues to make users’ voices heard and be a part of a community. The community cares about the views of users. The Love Hate Inu voting system is built on blockchain technology, which ensures that the voting process is fair, transparent, and secure.
Release of Love Hate Inu
The documents for Love Hate Inu were issued on March 10th, 2023, and the token was issued in May 2023. It currently has around 7.46 million votes. The current market cap of Lhinu is $2.67 million, with a total liquidity of $108,339.
The total supply of LHINU tokens is capped at 100 billion. 90% of the 100 billion tokens were sold during the pre-sale period. The remaining 10% of the coins are reserved for liquidity on exchanges.
Love Hate Inu is commonly abbreviated as LHINU. It is a novel concept for Web3- vote-to-earn- with the project taking a disruptive step into the $3.2 billion world of online polling and surveys. Users can express their views on a wide range of topics, from fun, viral, and shareable content to serious polls and sponsored views that will offer unique rewards.
Objectives of LHINU
The Love Hate Inu will utilize blockchain technology to increase transparency and reliability. It will resolve the issue of manipulated results due to bot farms and activists, which the industry is currently facing.
To take part in the votes, users have to stake their LHINU tokens for a minimum of 30 days. A longer staking period and more tokens held will equal more voting power.
Love Hate Inu will grab the market share of other meme coins such as Dogecoin, Shiba Inu, and Floki Inu. These other meme coins have given early investors huge returns.
Potential and Tokenomics of LHINU’s meme coin
The Love Hate Inu gained interest because of the unique utility of the project, its high growth potential, and its meme coin aesthetics.
The token distribution is completely in the hands of the community. As the project is a rug-pull it is at the community’s discretion to remove any changes to the project.
Price Movements in LHINU
The LHINU token has reached a low of $0.0000191 since its launch and hit a high of $0.0002100. As per the analysts, the LHINU is currently in the sale phase. The current bearish trend in the market also supports analysts’ views. The current prices are approximately 90% lower than the all-time high price and 25% higher than the all-time low price. So, as of now, the prices are currently trading in a low price range.
Looking at the return of LHINU, it has given a negative return of 82.34% since launch. The three-month price return is positive 12.08%, and the one-month return is positive 0.39%. However, the one-week return is negative 9.89%.
The technical indicators, such as oscillators and moving averages, are also recommending a sale decision. The LHINU is underperforming in the global cryptocurrency market. The markets are currently following an uptrend.
Buying Platform for Love Hate Inu
The LHINU coins are traded on centralized crypto exchanges. The most popular exchange to trade LHINU is HTX. The most active trading pair is LHINU/USDT with a trading volume of $1,886,261 in the last 24 hours on a particular day. The other popular options include OKX and Lbank to trade LHINU.
Community Sentiment for Love Hate Inu
In current times, the community is bullish for LHINU, as more than 64% of users are positive about Love Hate Inu.
Adding Love Hate Inu to Metamask
Adding LHINU to Metamask allows users to view token holdings, trade on decentralized exchanges, and much more. To add them, it is required to import LHINU as a token. To import LHINU tokens manually, LHINU’s contract address is copied. Another method to import LHINU tokens is to install MetaMask’s Chrome extension. The LHINU coin can be added to MetaMask with one click on CoinGecko.
Factors Affecting the Price of Love Hate Inu
CEX/DEX listings: The LHINU token is currently listed on CEX, and its development team has planned to list it on DEX as well. In all cryptocurrencies, exchange listings are a significant event, as listings make tokens available to the masses. Supply and demand determine the prices of tokens after they are listed on an exchange. Due to the buzz surrounding LHINU, it was expected that there would be a huge price increase in the retail markets.
Tokenomics: It is one of the most significant elements that will affect the prices of LHINU. Tokenomics include token supply, use cases, vesting periods, and any planned token burns. There was no vesting period for presale investors.
High demand due to social media buzz: LHINU is one of the best low-cap crypto projects of 2023. The presale demand was very much dependent on the positivity spread through social media networks such as Twitter and Reddit. The positive popularity of a token on these platforms boosts the exponential growth in prices, and vis-a-versa.
Summary
Love Hate Inu is gaining popularity because of the unique characters and social media popularity of the project. The community has a very positive outlook for the next few meme coins based on V2E mechanisms. The community is expecting positive growth of more than 100% in the next seven years.
Amanda Shinoy is one of the few women in the space invested knee-deep in crypto. An advocate for increasing the presence of women in crypto, she is known for her accurate technical analysis and price prediction of cryptocurrencies. Readers are often waiting for her opinion about the next rally. She is a finance expert with an MBA in finance. Quitting a corporate job at a leading financial institution, she now engages herself full-time into financial education for the general public.
