The spring and early summer of 2023 brought about a string of highly successful meme coins, helping create numerous new crypto millionaires. Now we see another such token hoping to continue the streak. Thug Life (THUG) just hit crypto exchanges and its holders are hoping it will be the next 100x crypto coin.
After the massive success of altcoins like $PEPE, $4CHAN, and $SPONGE, there is a new wonder meme coin in town. THUG has just finished its presale, raising $2 million in less than two weeks. The next meme coin blockbuster appeared on crypto exchanges on Monday, July 17th, and early investors are expecting some massive gains.
With 4.2 billion tokens in total supply, it won’t take THUG too long to reach a $100 million market cap, its first major post-listing goal. That should be sufficient to trigger a huge price explosion that will launch it into the stratosphere.
THUG’s Presale Was Off the Charts
Thug Life opened its presale strongly, with several huge sales. While it can’t be said for sure, there are rumors that some of the biggest names in hip-hop are among the holders of the THUG token. A mysterious $100,000 purchase is rumored to be made by none other than Snoop Dog. While we still can’t confirm this, Snoop is no stranger to the crypto world, having backed several high-profile projects over the years. Thug Life meme coin seems just up his alley and nobody would be surprised if he turned out to be one of the largest investors.
Presale attracted a lot of attention, resulting in it ending in under two weeks, way ahead of schedule. With $ $2,058,000 raised, it was one of the most successful presales of the year, setting up THUG perfectly for the next phase. Experts say that one of the reasons for this huge success is that a lot of people missed out on previous monster meme coins and moved quickly on THUG to avoid FOMO. This time around, they were determined to jump on the bandwagon as soon as possible. Judging by the hype THUG created, they were right to do so, as they are looking to make huge gains.
Popular YouTube Influencers Believe THUG Is The Next 100x Meme Coin
The hype surrounding Thug Life has prompted many popular YouTube influencers to take a deeper look into the project and most of them were delighted with what they saw. In fact, several of the biggest names on the YouTube crypto scene became investors themselves, grabbing THUG while it was still on presale. That is one of the best indicators of how certain they are that THUG will become the next meme coin sensation.
Michael Wrubbel, one of the most popular crypto YouTubers, recommended to his 300,000 subscribers to buy as many THUG tokens as they can, predicting an imminent 100x pump. Wrubbel even went as far as to dub Thug Life “the next Shiba Inu”. That is high praise indeed, coming from one of the best-known crypto gurus on YouTube.
Jacob Bury is another channel endorsing Thug Life. In this video, he explains why he bought THUG and why he feels it is the next big meme coin following in the footsteps of PEPE and SPONGE. Crypto Futuro, one of the biggest crypto YouTube channels in the Spanish language with more than 150,000 subscribers, is also a big fan of Thug Life, singing its praises in several videos.
Community First Approach Builds Loyalty and Ensures Organic Support for THUG
Thug Life creators have decided early on that they want to build a community around THUG, not just promote another hit-and-run crypto. This approach is already paying dividends, as THUG has a fierce and loyal following on social media. This organic support is a key component for the success of any meme coin and THUG has plenty of it.
The decision to offer 70% of the total supply of tokens on presale also proved a wise one, as plenty of people got a chance to buy at least a few tokens and become members of the community. With a vested interest in its success, they participate in creating hype on the Internet, preparing the grounds for THUG’s incoming explosion and 100x pump.
To further increase community engagement, 15% of THUG’s total supply will go to community giveaways and awards. If THUG maintains its current price, that could easily mean millions of dollars for the community in the form of giveaways.
The final 15% is reserved for marketing and more importantly, DEX liquidity. This is a clear demonstration of the team’s seriousness and dedication to long-term prospects, as we rarely see such a huge percentage of supply set aside for liquidity, especially this early. It will vastly improve the trading potential and ensure that there are enough THUG tokens to meet every demand on crypto exchanges. It also means that TUG has secured and locked liquidity for three months, removing any doubts about a rug pull.
Thug Life Employs the Same Marketing Team Behind $SPONGE
$SPONGE was one of the biggest surprises of the year, achieving massive success and now the same team that handled its marketing has been hired by THUG developers. With such seasoned professionals designing its marketing campaign, we can confirm that THUG is in safe hands and add one more reason why analysts expect it to replicate $SPONGE success and pump 100x. A highly skilled marketing team, combined with a massive community, ensures that THUG is seen as the next big star on the meme coins sky.
Conclusion
The revival of the meme coins niche took a lot of investors by surprise, causing them to miss out on such monster tokens like PEPE and SPONGE. Determined to avoid being hit by FOMO again, they are now taking the opportunity and jumping on the THUG bandwagon. The latest meme coin star is breaking all records, having finished presale in under two weeks and already appearing on the first crypto exchanges. It is no wonder why many experts agree that THUG will replicate $SPONGE success and achieve 100x rally!
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