Meme coins are the eye-candy of the crypto industry. It’s the cherry on top of the cake to attract newbies and investors into the crypto market. Though many such coins are in-famous for their poor use-case and lack of credibility, this hasn’t stopped the market from producing new meme coins with a new idea attached to each one of them.
Keeping up with the trend, we have a newly introduced Pugglit-Inu coin, yet another meme coin with the animal mascot. This post will take you through the thought process of the founders behind the creation of the coin and why it has the potential to dethrone Doge & Shiba Inu in the long game. Let’s jump right in.
What is Pugglit Inu?
Pugglit Inu is the meme coin focused on cryptocurrency trading. The creators wanted to build a strong crypto trading platform with easy-to-access and proficient features that are at par with any other crypto trading platform.
The Inspiration:
Be it Dogecoin or Shiba Inu, meme coins always have something in common & that’s a dog. Pugglit Inu is no different. However, Pugglit is not just a dog coin, the name is inspired by the famous Pugglit Inu meme, a mix of Puggle & Piglet.
The PUGT Platform:
PUGT is the trading platform by Pugglit Inu. The platform aims to be the best crypto trading platform for users & crypto investors. It will provide access to trading tools like charting, network statistics, news aggregator & trading bots.
Moreover, it will also allow traders to execute trades on the platform in real-time. A platform that’s bound to challenge Tradingview.
The PUGT Coin:
PUGT is the native currency of Pugglit Inu. It’s a BEP-20 token built on Binance Smart Chain. The token will help finance the network and keep it decentralized & secure. Moreover, it will be used to reward the community and be a discount token on the network to facilitate transactions. More details on the tokenomics part are yet to be released at the time of creating the post.
Is PUGT better than DOGE?
This is a million-dollar question. If the project rolls out as planned with the promised trading ecosystem. It will be more powerful than Dogecoin. A high-quality product is always better than a single blockchain with little use case. However, nothing can be said at this moment. It’s a wait-and-watch game since many crypto projects fizzle out when it comes to implementation than what is said on the Whitepaper.
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This completes my review of Pugglit Inu. In the next post, I will talk about PoundToken (GBPT) & STEPN DEX. If you’re a fan of blockchain technology then do share this post on your social handles and educate everyone around you. Remember to subscribe to my YouTube channel for more informative content, released every week.
DISCLAIMER:
Cryptocurrency is a highly volatile market. All the information shared in the post is for knowledge purpose only. By no means, it’s financial or investment advice. Readers are responsible for their own investment decisions and should only invest in cryptocurrency after proper research.
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Paras is a blockchain writer & video creator at Katoch Tubes. In his free time, he loves watching space exploration documentaries & Hollywood movies.