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The remaining tokens will be used for marketing (15%) and community rewards (15%). In the midst of the crypto market’s resurgence, one newly released memecoin has enormous pump potential. Thug Life is a new memecoin that is expected to go viral after its presale debut.

BTCC, a cryptocurrency exchange situated in Europe, was founded in June 2011 with the goal of making crypto trading reliable and accessible to everyone. BTCC is a crypto exchange offering users liquid and low-fee futures trading of both cryptocurrencies and tokenized traditional financial instruments like stocks and commodities. The project’s ethos comes directly from the wild meme coin environment of the past few months, when some tokens minted millionaires and others left investors holding the bag. According to Thug Life, the best way through it all is for crypto traders to come together and laugh it off. CoinCodex tracks 37,000+ cryptocurrencies on 200+ exchanges, offering live prices, price predictions, and financial tools for crypto, stocks, and forex traders.

Thug Life is one of the most celebrated new meme coins due to its unique design, robust community, and low market capitalization, and it has considerable upside potential. Thug Life ($THUG), a new meme coin aimed at bringing crypto investors together to share in the ups and downs of the market, raised $170,000 in the first 72 hours of its presale. CoinCarp does not currently have price data for Thug Life as it has yet to be listed on any cryptocurrency exchanges (CEX or DEX). Once Thug Life is live on an exchange, CoinCarp will provide real-time Thug Life (THUG) token prices from different exchanges. Some traders try to identify candlestick patterns when making cryptocurrency price predictions to try and get an edge over the competition. Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.

The World’s Reserve Currency

An RSI reading under 30 indicates that the asset is currently undervalued, while an RSI reading above 70 indicates that the asset is currently overvalued. The 50-day SMA is calculated by adding together Bitcoin’s closing prices in the last 50 days, and dividing the total by 50. The live Thug Life exchange rate varies from moment to moment as transactions take place on exchanges all over the world. Given the volatility of cryptocurrencies, prices can rise or fall significantly in a short period. In fundamental analysis, you examine economic, financial, political, and social factors that influence prices.

• Some candlestick formations are seen as likely to forecast bullish price action, while others are seen as bearish.
• The Fear & Greed Index can be a useful measure of Thug Life investors’ sentiment, and is based primarily on Bitcoin-related market data.
• The better informed you are, the better the decisions you will be empowered to make.
• Before becoming involved in any kind of trading, make sure you’ve done your homework.

New Token Thug Life Makes Explosive Start to Presale – Could it be the Next Big Meme Coin?

At the conclusion of the presale, visit the Thug Life website to claim your tokens. You can locate them in your wallet after claiming them by selecting “add token” on Metamask and importing the Thug Life token’s smart contract address. Accordingly, we estimate that by 2030’s end, one Thug Life token will be worth $0.017. As long as these investors keep buying, we don’t see $THUG sliding very far from its 2023 price.

Popular cryptocurrencies to USD

Thug Life’s message to investors is to ‘Thug Up’—that is, to invest and hold on, no matter what the crypto market throws at them. And you know you’ve made it when billionaire Elon Musk follows your Twitter feed. The success of the Wall Street Memes token presale can be attributed in no small part to the fact that Musk is one of the most prominent individuals in the world of meme currencies. Thug Life intends to accomplish the same by forming a strong and united community how to buy loopring that will rally behind the token and propel it to new heights.

The value of popular meme coins tends to spike briefly, then drop for a while, and then rise again. Wall Street Memes isn’t how to hire a wordpress developer a complete guide the first meme coin in presale that has drawn investors and a large online community. The release of Thug Life coincides with a rising price trend in the value of meme coins. New meme coin Thug Life hopes to capitalize on the success of Pepe, the SpongeBob Token, and ArbDoge AI. The project has raised over $830,000 in less than 10 days thanks to the presale of its $THUG coin.

What Can You Do with Memecoin (MEME) on KuCoin?

Long-term investors, though, should still plan for a period in which prices decrease. Although the project will no longer be in its infancy, it will be able to maintain a dedicated following of backers who ‘thug up’ and keep their $THUG tokens. Thug Life presale, there are no minimum or maximum investment amounts. Investors and industry watchers alike see this coin as a top contender for 2023. Naturally, none of this holds significance without understanding the tokenomics of the project. Fortunately, there are many positive aspects to highlight regarding the project’s token presale and general token structure.

Historically, the United States Dollar (USD) was closely tied to gold, operating under the gold standard system. This system, formalized in the early 20th century, pegged the value of the USD to a specific quantity of gold, offering stability and confidence in the currency’s value. However, in 1971, this changed dramatically with the “Nixon Shock,” which ended the convertibility of the USD into gold and shifted the currency to a fiat system.

Thug Life to United States Dollar Converter and calculator

However, for the initiative to thrive in the long run, are blockchain limitations stifling arbitrage opportunities 2020 it needs to start adding utility that benefits holders in some way. Meme coins that have been around longer, like Shiba Inu and Dogecoin, have done this, and Thug Life has to do the same. Based on these considerations, we forecast that $THUG will trade at $0.0050 by the year 2025’s end.

This is a high-risk investment, you shouldn’t expect to be protected if something goes wrong. An overview showing the statistics of THUG LIFE Coin, such as the base and quote currency, the rank, and trading volume. Based on multiple technical quantitative indicators, the current forecast for Thug Life in 2024 is bearish. However, it’s important to consider both technical factors (price history) and fundamental factors (on-chain activity and development) before making the decision to buy Thug Life or not. Currently, the Thug Life Fear & Greed Index stands at 94, which means that investors’ sentiment is in the so-called Extreme Greed zone. Over the past 7 days, Thug Life price was most positively correlated with the price of and most negatively correlated with the price of .