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- Insights
- Cryptocurrencies
- Stocks
- White Papers
- Industry
- Geography
Two of the most popular meme coins have been on a nice little run recently. In the last 30 days, as of April 18, Dogecoin (DOGE) has increased in value by 27.91%, up to $0.0936. Shiba Inu (SHIB), meanwhile, has increased by 7.77% in that timeframe, up to $0.000012. That has many people wondering whether now is the right time to invest in meme coins again.
The short answer to that question is: Yes, now is a good time to invest in meme coins, but only if you invest in the right ones. And Dogecoin and Shiba Inu are not the right ones, unfortunately. They are ready to fail.
However, a new Vote-to-Earn meme coin known as Love Hate Inu (LHINU) has already hit more than $4.6 million in its presale. The amazing new platform is proving already its worth, not just in the meme coin market but in cryptocurrency as a whole.
Below, we'll discuss further why Love Hate Inu is the meme coin you want to invest in, and we'll tell you more about a new Andrew Tate voting competition where you could win $10,000!
Dogecoin and Shiba Inu are traditional meme coins. That is, they were founded as a joke, basically. Their tokens were never really meant to have a value or utility at all. So, the value of these coins really isn't based on much at all, other than public sentiment.
Take Dogecoin, for instance. Any time that Elon Musk tweets about Dogecoin, there's a huge spike in its value. Then, not long after, it falls off the cliff. This is not what you should be looking for in a cryptocurrency investment. These meme coins don't have anything underlying that would prove that there's a long-lasting value in it.
Love Hate Inu, by contrast, is backed by an industry that's thriving. The online survey market is valued at $3.2 billion in 2023, and is expected to grow at a CAGR of 15.5% by 2027 to reach a total value of $5.69 billion. And since Love Hate Inu is set to disrupt that industry as the first-ever platform on the blockchain, it has a real solid foundation on which its value is based.
This is much different than Dogecoin or Shiba Inu, which can't claim anything like it.
Another big differentiator between Love Hate Inu and the other meme coins is the actual utility of the coin itself. What is Dogecoin and Shiba Inu actually used for, other than actual trading? The answer, really, is not much at all. Without any real utility to the coin itself, it's hard to make a big case for why it will be long-lasting and growing in the future.
Love Hate Inu can make the case for utility. Since its polls are likely to be extremely popular with people, the $LHINU token will be in high demand and high use. That's because all people who want to participate in one of the exciting polls will need to stake the $LHINU token to do so. This helps to prevent spam and manipulation of the polls themselves, and also obviously increases the number of uses of the token itself.
Just like Dogecoin and Shiba Inu, Love Hate Inu will benefit from the virality of the project. Each poll on the platform will have fun logos that go along with it, which will make it attractive to others when they see their friends sharing what they voted for on social media channels. But, unlike Dogecoin and Shiba Inu, other people will be incentivized to participate in Love Hate Inu polls, too, through the fact that they are rewarded for doing so. That V2E aspect of Love Hate Inu is something that DOGE and SHIB just don't have.
Another reason that you should buy Love Hate Inu now is that you can vote in the first-ever poll on the platform for a chance to win $10,000. It's free to enter. All you have to do is vote and submit your email address to take part. One lucky voter will be chosen to win $10,000.
To enter, visit the Love Hate Inu website here. Then, vote either love or hate Tate. Once you do, you'll be asked to enter your email address, which you'll need to verify. After doing so, just share your vote on your social media pages, and you'll be entered to win.
This is just another reason why Love Hate Inu is separating itself from its competition in the meme coin market. It's giving away loads of free money to people just for trying out a fun poll. And, for investors of the $LHINU token, this contest is likely to bring more notoriety to the platform, which in turn will increase the value of the token, which will result in a bigger return on investment. It's a win-win-win scenario for all.
A lot of attention with meme coins goes to Dogecoin and Shiba Inu. They're two of the larger coins and they've been around for a while, so it makes sense. But, even though both have experienced a surge in price recently, they're set to fail in the near future – as they always seem to do.
So, if you're looking for a great meme coin to invest in, it's not Dogecoin or Shiba Inu you should be looking at; it's the new Vote-to-Earn meme coin known as Love Hate Inu. There are many reasons why $LHINU is separating itself from these two leading meme coins, and we pointed out some of those reasons above.
Now is the best time to buy Love Hate Inu while it's still in presale. That's when you can get in on the ground level before an explosion in value when it launches on crypto exchanges. So, buy now before you miss out on this great opportunity.
