The craze of cryptocurrencies is increasing across the globe. The crypto market is increasing since the starting of October. The world’s first cryptocurrency Bitcoin has crossed $61,728 this month. Many meme tokens like Dogecoin, Shiba Inu, Floki Inu, Babydoge have also made their strong presence in the market. Many people have taken the benefits of these meme tokens. Some of them have made millionaires through these meme tokens.
Now a new meme token Lovely Inu has entered the bullish cryptocurrency market. This coin is impressing the investors like Shiba Inu and Dogecoin. This meme coin is growing over time and many investors have already invested in it. Today in this post we are going to discuss this meme token.
What is the LOVELY INU Meme Token?
Like Shiab Inu, Floki Inu, and Babydoge, Lovely Inu is also a meme token. According to the Lovely Inu website, this token is the rise of the meme token revolution.
Generally speaking, Lovely Inu ($LOVELY) is a community-focused, decentralized cryptocurrency with Attractive rewards for holders. The main vision of Lovely Inu founders is to make a record by growing token price from 0.00000001$ to 1$ in the year 2021.
What Makes LOVELY INU Unique?
Lovely Inu ($LOVELY) is the same as other meme tokens. According to the Lovely Inu website, the thing that makes it unique among others is, “It is a purely peer-to-peer version of electronic cash that would allow online payments to be sent directly from one party to another without going through a financial institution. Digital signatures provide part of the solution, but the main benefits are lost if a trusted third party is still required to prevent double-spending.”
The Lovely Inu network timestamps transactions by hashing them into an ongoing chain of hash-based proof-of-work, forming a record that cannot be changed without redoing the proof-of-work.
Who Are the Founders of LOVELY INU?
Initially lovely Inu was founded by a two-person team. Now there are more than 15 Community managers with expertise in marketing and product development. Their team and community member is rapidly growing in numbers.
Lovely Inu ($LOVELY) Coin Market Cap, Total Supply, and Current Price
|Token Name||Lovely Inu ($LOVELY)|
|Fully Diluted Market Cap||$36,351,310|
|All Time High||$0.00000064|
|Max Supply||75,000,000,000,000 LOVELY|
|$LOVELY Token Price||$0.0000004846 (16 October 2021)|
LOVELY INU Price Prediction: Will LOVELY INU reach $1?
Lovely Inu’s base token $LOVELY was started from 0.00000001$ and now its current price on 16 October 2021 is $0.0000004796. Its all-time high (ATH) price is $0.0000006321. Its current CoinMarketCap ranking is #2924. Like the Shiba Inu coin, the Lovely Inu community has also a vision to take the price of this token to $1 from 0.00000001.
Now the question is will $LOVELY reach $1 or not. At this time it is very difficult to say for anyone about the price prediction of $LOVELY. But if we see the other meme tokens like $SHIB, $DOGE, $TKING their prices have also jump overnight and made many people millionaires or billionaires. Like these meme tokens, the price of Lovely Inu can also go up in the near future.
Is this the right time to buy LOVELY INU Tokens?
Now many people will ask is it the right time to buy LOVELY INU Tokens. Then we give our advice then you can invest some amount in this token and hold for some time. But we recommend only invest a small amount which you can bear if any loss happens. Because these meme tokens work on the Pump and Dump strategy and your money may be stuck for months or even years.
Where You Can Buy the $LOVELY tokens?
If you are planning to buy the Lovely Inu tokens then you can purchase them on CoinTiger, BitMart, PancakeSwap (V2), LATOKEN, and Hotbit. You can also click the below link to buy it from Bitmart.
I am Pawan Kashyap currently living in Amritsar. I always try to grab new things from the cryptocurrency market. From my observations and trends in the market, I always try to provide the best and accurate information in the form of articles from this blog. Follow us on Facebook, Instagram, and Twitter to join us.