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In the booming economy of meme coins, Just The Tip is making headlines, crypto media is calling it the ‘Next Big Solana Project’
Solana tokens are gaining more popularity than ever as the meme coin industry is growing rapidly. There’s a lot of buzz surrounding a groundbreaking project in the Solana ecosystem called Just The Tip ($TIPS).
What Is Just The Tip ($TIPS)?
Just the Tip is a project centered around a memecoin, and they’re currently working on an NFT collection as well as having a game already available. They managed to raise 500 Solana in a pink sale in only 37 minutes, which is quite impressive. They will be launching their token this Saturday, but it’s not yet available for purchase as it’s still in the pink sale pool. They will finalize the pre-sale on Pinkel and list it on Flux Beam.
The project is all about the meme of Just the Tip, and it aims to bring the Solana ecosystem together with tips, NFTs, and web-based games. They have ambitious goals and are currently working on an NFT collection, which has already sold out 720 of the 1,000 available.
Moreover, the NFTs look pretty cool, and they are available for purchase at 69 Solana each. While the utility that the NFTs will hold hasn’t been revealed, it’s worth keeping an eye on.
What The Project Community Said About Themselves
The token community describes it as a revolutionary movement. $TIPS combines blockchain technology with community and entertainment, creating an immersive experience that captivates and engages users.
It is very common for the meme coins to describe themselves exaggeratedly. Tips isn’t just another cryptocurrency; it’s a movement. Additionally, the project aims to revolutionize the world in ways we’ve only dreamed of by using Solana, a game-changing blockchain.
Just the Tip is all about knocking down barriers and opening the doors to a community where inclusivity isn’t just a buzzword; it’s a mantra. They’re not just envisioning a better future; they’re building a community, NFT collection, and web-based game at a time.
The team behind Just the Tip is starting small, but they could definitely gain popularity, which is what skyrockets meme coins. Moreover, it is evident that Dogecoin and other meme coins started just as a joke, but they went parabolic.
Why Solana Projects Like Just a Tip are Booming
Solana aims to solve one of the biggest issues of blockchain, which is the time required to verify transactions. It achieves this by developing unique consensus mechanisms which prioritize speed over decentralization. One of Solana’s endeavors in this regard is the creation of the Solana ecosystem.
The Solana ecosystem is a high-speed platform for building decentralized apps (dApps) that offers state-of-the-art security and a cost-efficient solution for developers. It’s an attractive option for tokens like $TIPS and can accommodate around 500 dApps. Its rapid growth reflects how the ecosystem will continue to advance.
The Solana ecosystem achieves its high speed by combining optimized data propagation, parallel processing, and leveraging hardware. It employs a combination of consensus mechanisms, which it calls “eight-core innovations,” to become the first web-scale blockchain in the world. Solana’s computation technology can support thousands of operator nodes, providing high scalability and transaction throughput within the network’s bandwidth. It can handle up to 400,000 TPS at its peak.
Web3 Game Of Just The Tip
Just the Tip has already created a web3 game, which is available for demo version gameplay. Dive into excitement and explore this new gaming experience as you immerse yourself in the gameplay. It’s not just another digital currency or NFT as described on their website.
This is not a complicated web three game. The player will be controlling a rocket ship and shooting different asteroids with different resistance to their bullets. Sometimes at a certain point, they start falling down. Additionally, if a player gets hit by one, they can choose different power-ups.
To access their socials, one can join them. Since TIPS haven’t launched the tokens yet, any user can’t buy them yet, but once they do, an investor can purchase their token through Jupiter Flux Beam.
Tokenomics of TIPS
The project’s tokenomics are designed to be simple. No extra tokens can be created and the ability to freeze tokens has been revoked. The entire circulating supply is 100%, with no team tokens. The Remaining 10% are allocated for marketing partnerships and potential centralized exchanges. This is why they are holding 10%.
For pre-sale, the economics have been 50%, with 50% unlocked. Out of the 50% that’s still left, 10% is reserved for those means, and the other 40% will be listed.
They’ll be working on more, incorporating Byn NFTs to excite the community and share the tips journey. Exciting web 3 games are important, and they’re not just a AAA game. Just The Tip is creating games that people can easily play and enjoy as they’re looking to cater to the majority of investors.
Future of Memecoins
Recently, the memecoin industry boomed as they have become popular. The launch of new meme coins, such as Solana-based ‘dogwifhat’ (WIF) and Book of Meme (BOME), along with older meme coins, resulted in a total capitalization of $70 Billion for meme coins.
Industry analysts in the crypto space have labeled this bull market cycle as the “weirdest” ever, due to Bitcoin’s ‘premature’ all-time high and the massive rush towards meme coins.
Historically, during bull runs, liquidity first flowed into Bitcoin, then into large-cap coins like Ethereum, and finally into smaller altcoins. However, it seems as if investors have renewed belief in community-driven meme tokens along with the traditional utility tokens they were already investing in.
Summary
Solana Tokens are gaining popularity in the meme coin industry. Just the Tip is a memecoin project that focuses on NFT collections and a web-based game. The project aims to unite the Solana ecosystem with tips, NFTs, and games. Solana solves the issue of time for verifying transactions by prioritizing speed over decentralization. Just the Tip has already developed a web3 game where players control a rocket ship and shoot asteroids. The memecoin industry has been booming lately with new launches. Investors are increasingly investing in community-driven meme tokens.
Disclaimer
The views and opinions stated by the author or any people named in this article are for informational purposes only. They do not establish financial, investment, or other advice. Investing in or trading in stocks, cryptos, or other related indexes comes with a risk of monetary loss.
Adarsh Singh is a true connoisseur of Defi and Blockchain technologies, who left his job at a “Big 4” multinational finance firm to pursue crypto and NFT trading full-time. He has a strong background in finance, with MBA from a prestigious B-school. He delves deep into these innovative fields, unraveling their intricacies. Uncovering hidden gems, be it coins, tokens or NFTs, is his expertise. NFTs drive deep interest for him, and his creative analysis of NFTs opens up engaging narratives. He strives to bring decentralized digital assets accessible to the masses.
