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Furrever is the new token in the cat meme genre, trying to entice the crowd by highlighting the “cuteness” of its mascot. A community-centric token based on the BNB Chain, the project doesn’t boast any utility.
However, ever since it emerged as a presale in early January 2024, the project has raised over $1.4 million. Does it have what it takes to become the latest cat meme sensation?
What is Furrever?
Furrever asks investors to “hop on the cuteness train.” With a cat as its mascot, this token is trying to break into the cat-meme niche and surpass the existing tokens on the market.
The project has already been covered by Business Standard, Yahoo, and Coinpedia.
However, a deeper analysis is necessary to assess the viability of this project in the long term.
Leveraging Cat Memes to Gain Traction
Cat memes have been around for a long time. They made their way from email forwards to social media posts, giving social commentary and engaging the community.
With cat memes, the same factor penetrated the blockchain space.
Furrever’s goal, as the project puts it, is to add a bit of light-heartedness to the cryptocurrency market.
The official whitepaper states its vision is to develop a user-friendly platform centered around an adorable cat.
Per the whitepaper, this platform will also integrate cat-themed stickers, emojis, and visuals.
In doing so, the project aims to make the crypto ecosystem more light-hearted.
This “light-heartedness” can be seen in the project’s features, which consist of only standard community-centric use cases.
Community-Centric Use Cases for Engagement
The project’s official whitepaper has highlighted three features within the Furrever ecosystem.
Cat Themed Stickers
Users can reportedly choose from cat-theme stickers to highlight their cat-based experiences on social media. The project has not clarified whether or not it hints at NFTs.
Community Challenges
Furrever states that it will host regular challenges within the community on social media for investors to “share their love for cuteness.” This hints at an effort to create an engaging ecosystem through competition.
Cuteness Surprises
Furrever has described the act of airdrops and giveaways to the community as “cuteness surprises.” So far, there have been no airdrops on social media. The whitepaper explicitly stated that these would be announced and created much later.
Tokenomics Focusing on Community
The Furrever tokenomics focuses on the token’s community aspect. Out of a total supply of 9 billion tokens, 10% are dedicated to the team, and the remaining tokens are allocated to presale and DEX listing.
Furrever Presale
When it comes to presale, Furrever has 10 stages, with prices ranging from $0.000006 in the first to $0.000816 in the 10th.
Furthermore, the token’s listing price has already been set to $0.0009.
Currently, the presale is in the ninth stage, meaning those who invest now can earn an 18.6% ROI.
Furrever Price Potential
Since the project is currently being offered as a presale, and the listing price has been set, an 18.6% ROI is expected after the token goes live.
Furthermore, as a meme coin, it could undergo a listing pump. The degree of growth it experiences will depend on community engagement and how relevant the project remains in a market full of cat meme coins.
Considering the project has been covered by some major publications, it may keep up its momentum, giving early investors a 2x to 3x ROI. The project’s recent attempt to boost the community through referrals may also enhance Furrever’s exposure.
However, with only community-based perks defined in the official whitepaper, which is conventional for a meme coin, Furrever’s future value potential is a question.
Therefore, investors seeking tokens with long-term potential should consider alternatives, such as Base Dawgz.
Base Dawgz – A Multi-Chain Crypto and a Better Alternative to Furrever
Base Dawgz is a dog-themed meme coin developed on the Base blockchain. Thanks to Wormhole and Portal Bridge, Base Dawgz is an interoperable token that can traverse Solana, Ethereum, Avalanche, and BNB Chain.
By being a multi-chain asset, Base Dawgz can gain access to a larger community, much wider than Furrever, whose cat-based mascot has a niche appeal.
Furthermore, the Base Dawgz mascot, a Shiba Inu strapped with base jumping gear, mirrors the community’s degen-like traits.
The act of “leaping before seeing” is common in the crypto market, especially in the meme coin niche. By eliciting those emotions through its imagery, Base Dawgz can be a great addition for short-term investors.
ClayBro, a popular YouTuber with more than 130k subscribers, has said that Base Dawgz can potentially turn meme coin investors into ‘millionaires’.
For long-term holders, Base Dawgz’s multichain attribute may be beneficial, opening up new possibilities through decentralized applications across multiple chains.
Base Dawgz has raised more than $2 million already. Those who want to grab the opportunity to invest in this presale should visit basedawgz.com.
Furthermore, investors are advised to follow Base Dawgz’s social media handles to stay updated about the project.
*Cryptonomist did not write the article or test the platform.
