Meme coins will always exist if there is one thing you can rely on in the cryptocurrency market. Investors have been yearning for these satirical assets since Dogecoin hit the market, which has resulted in some of them generating big profits.
Although there are other new meme coins on the market, it is difficult for most of them to get any traction in comparison to Shiba Inu and Dogecoin. One project, in particular, is ushering in a new era for meme coins with some distinct qualities. If they are to have an impact, they must provide something novel.
What Will Cause Tora Inu to Become a Big Meme Coin?
Meme coins function in a very specific manner. They launch, frequently using a dog as a mascot, and they start a huge marketing effort or spread by word of mouth to create a lot of buzzes. Once it achieves a critical mass, a vast army of investors hops on board, either for financial gain or simply to support a social cause.
This has worked up until now, but as investors lose interest in meme coins that are just memes for the purpose of being memes, things are changing. They want usefulness in addition to that, which is fine and dandy. The usefulness is what most meme currencies lack, providing investors nothing in return for their hard-earned money. They will only be willing to invest in memes so many times.
Projects like Tora Inu (TORA), which offers a variety of characteristics that distinguish it distinct from other meme currencies, are changing the game as a result. The project, for instance, provides players with a Play-to-Win game where they can compete with other players’ pets and earn rewards in the form of TORA.
Play-to-Earn games have had two spectacular years and are still very successful, so this is a great approach to keep audiences interested in your content. Players can also gather and sell NFTs in Tora Inu if they so choose. The NFTs can level up, making their creatures even more powerful in combat.
Tora Inu is similar to most P2E games in that it is developing a metaverse strategy. Although a specific launch date for the Tora Inu metaverse is unknown, we do know that players will be able to buy land.
The system for burning and distributing tokens in Tora Inu, however, is its main selling point. The goal of this approach is to raise value through increasing demand. The burn mechanism reduces supply while redistributing rewards. The token value is anticipated to increase as more transactions occur.
The team has multiple listings on centralized exchanges, marketing initiatives, and security assessments planned for the near future. They are establishing themselves now before going all in in 2023.
The price of TORA increases when additional presale phases are introduced in the ongoing, live presale, which employs an incremental price increase methodology. The Tora Inu beta sale won’t happen until phase 3, and there hasn’t been a private sale either.
A Meme Coin to Watch in 2023 is Tora Inu
The market for meme currencies is still active, and Tora Inu is now ranked among the best meme coins for 2023. Investors will notice that it is introducing several cutting-edge features to the world of meme coins and that these assets may also be quite useful. Visit the website and look at the Tora Inu Presale to find out more about Tora Inu.
*This article has been paid. The Cryptonomist didn’t write the article nor has tested the platform.