Meme coins have grown in popularity by allowing internet communities to easily join the cryptocurrency world. However, while the focus has always been on established crypto projects like Bitcoin (BTC), they remain inaccessible given the boatloads of processing power needed to mine them.
In contrast, meme coins are readily available and accessible, offering a way for online communities to collaborate and create decentralized stores of value and bases of exchange. Pugglit Inu (PUGT) is an emerging meme coin project that seeks to address common issues synonymous with established projects such as Ethereum (ETH).
Understanding Pugglit Inu
Pugglit Inu is a new meme coin project backed by a meticulous record-keeping and environmental consciousness. It is a novel solution to many problems gripping the cryptocurrency sphere around digital assets accessibility, flexibility, security, and transaction costs.
With the project, a new digital meme token will be on offer for widespread use in a decentralized, secure, and environmentally sustainable platform. In addition, token holders stand to earn half of all the transaction fees generated on the network as a way of encouraging more people to own it.
Additionally, Pugglit Inu comes with Pugglit Swap, a decentralized and secure platform that people can use to exchange Pugglit tokens for other tokens and trade freely, among others. Pugglit Basket is a secure wallet that offers token holders a secure way of storing their tokens. It comes with powerful cryptographic security and a user-friendly interface. Users will be able to track their transaction rewards and tokens without any challenges.
Pugglit Inu vs. Ethereum
Ethereum is one of the most established cryptocurrency projects, having made a name for itself in the development of smart contracts and decentralized applications. Despite the high transaction costs and congestion issues, it is a developers’ hub that always comes into play.
In addition, Ethereum often proves inaccessible given its high valuation. The high cost of mining the coin has also made it inaccessible to the masses. In addition, airdrops remain limited and rare. These are some deficiencies that Pugglit Inu seeks to address as a futuristic meme coin.
On the other hand, the Pugglit Inu network operates as a decentralized autonomous organization (DAO), whereby governance is brought to the community members on the platform. Each platform member is to have a part of the ownership of the platform’s resources and take part in its maintenance. The primary goal is to break the chain of online scams and fraud by building a transparent and secure system.
The decentralized financial ecosystem of Pugglit Inu transfers the decision-making process from a central entity or a select clique to all the members of the Pugglit Inu community. The fact that every voice in the ecosystem is heard, enhances transparency and security.
Pugglit Inu Tokenomics
$PUGT is the native token that powers the Pugglit Inu network. It acts as a medium of exchange on which all transaction fees are settled. Built on the Binance Smart Chain, it ensures half of all the transaction fees generated on the ecosystem are distributed to token holders. The remaining half goes to the liquidity pool to help maintain a stable price floor.
The $PUGT token is a utility token that sponsors the decentralization of the entire project. It comes with a maximum supply capped at 100 billion. Token holders will have the right to vote on all proposals to the network or ecosystem. Similarly, the more active the token holders are, the more rewards they stand to earn.
Pugglit Inu Prospects
Pugglit Inu is a futuristic meme coin with a real-life application that sets it apart. The community-driven project has transformed the way transactions are carried out on the blockchain by enhancing security and reducing transaction costs. In addition, it seeks to improve the wrapping for tokens on various blockchains.
While addressing most of the issues that have clobbered established projects, it also promises to offer a way for pet owners to interact while providing them with a secure and sustainable app for linking with qualified pet sitters and pet walkers.
https://pug.pugglitinu.com/register