A new dawn for crypto with Love Hate Inu & DogeMiyagi: Has Axie Infinity had its time in the sun?
Many crypto enthusiasts have a keen eye trained on the market and what upcoming presales could offer them the best return on investment, and two promising presales have been catching the attention of many. Love Hate Inu (LHINU) and DogeMiyagi (MIYAGI) are two exciting new projects that could be the key to jumpstarting the market into the next much-anticipated bull run. Many investors are beginning to turn away from currencies like Axie Infinity (AXS) in favor of these new possibilities. In this, the launch of these coins is causing great excitement in the crypto community.
Love Hate Inu: An exciting new investment
Love Hate Inu (LHINU) is a meme coin that has exceeded all expectations during its wildly successful presale. Having completely sold out of the tokens reserved for presale, it has raised over $10,000,000 ahead of its launch, which suggests great things for this coin. Its innovative platform allows users to stake their tokens in exchange for a vote for different polls about various things in popular culture.
LHINU have also ensured that spam bots will struggle to skew the voting outcomes as they have established that all tokens must have been staked for at least 30 days before they are able to be used in a vote. This fun, interactive, and secure platform is hugely anticipated, and many suspect it will overtake existing coins like Axie Infinity (AXS).
Axie Infinity: Investors interest wanes
Axie Infinity (AXS) is a Play to Earn style platform that gives token holders adorable and fearsome creatures to battle against one another in this blockchain-based game. The currency uses a Proof of Stake consensus mechanism, which allows token holders to increase their investment simply by holding AXS coins.
They have also teased the future update of Axie Infinity 2.0, which will open up new features in the game, including the ability to buy land in the AXS metaverse and gather resources from this land. However, in recent weeks AXS has been experiencing a noticeable decline in price, and it is clear that despite this upcoming development, investors’ attention is being caught by new projects still in the presale stage, like Love Hate Inu (LHINU) and DogeMiyagi (MIYAGI).
DogeMiyagi: A fresh new coin with great potential
DogeMiyagi (MIYAGI) is the newest meme coin in town, creating a lot of buzz in the crypto community. Threatening to challenge more established dog-based meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB), MIYAGI aims to create a strong community of token holders by uniting like-minded crypto enthusiasts to continue the fight towards decentralized finance. Still in the first phase of its roadmap, MIYAGI is looking ahead to the future of this coin while supporting the community behind it, with community betterment initiatives and an opportunity for MIYAGI holders to earn a 10% commission on referrals to the coin.
While there are different features and benefits to investing in all three of these different altcoins, experts are beginning to favor newcomers like Love Hate Inu (LHINU) and DogeMiyagi (MIYAGI) over previously established coins like Axie Infinity (AXS). The best investment for you will be unique to each individual. Still, as analysts begin to support the potential of LHINU and MIYAGI, these presales hold the biggest potential for success in the market.