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Cryptocurrency News Articles
Salukis Coin: A New Dog-Themed Meme Coin with a Focus on Use Cases
Oct 04, 2024 at 03:33 pm
While the crypto market has already seen an influx of new meme coins, another one has entered. Known as the Salukis Coin, the meme coin aims to provide a robust
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While the crypto market has already seen an influx of new meme coins, another one has entered the scene. Known as the Salukis Coin, the meme coin aims to provide a robust set of use cases to couple with its memes, offering value to long-term investors as well.
Having been available on presale, the project has gained a lot of attention from major publications like the US Tribune. Does this token introduce enough perks to become the next big crypto of this year?
What is Salukis Coin?
Inspired by the Salukis dog, Salukis Coin is a dog-based meme coin at its core. However, at the heart of this project is interesting lore involving space-faring dogs trying to make Earth their home.
To mirror this tale, Salukis has created a robust ecosystem where the “S” in Salukis stands for speed, safety, staking rewards, and more. Developed by the Salukis Foundation, the project aims to create a robust meme coin ecosystem for crypto enthusiasts and a haven for good dogs.
From Smart Contracts to Decentralized Applications, Salukis Token Focus on Helping the Pets
Meme coins have long gotten a rep as no-utility tokens that have historically leveraged social standing to gain traction on the market, rising to parabolic levels and then disappearing.
However, Salukis Coin has taken a different stand. Instead of focusing on the traditional formula of using memes to generate short-term gains, it aims to provide long-term value to the meme coin community.
Donation System
Salukis has highlighted donation as a core functionality on its official website. It aims to create an ecosystem that makes establishing dog shelters easier, involving four core attributes.
Staking Rewards, Animation, Exchange, and a Global Shopping Mall
While much of Salukis Coin’s ambition is directed toward helping good dogs get good shelters, the value investors will get from this ecosystem is also attracting a massive following. These perks include:
Staking Rewards
The staking process will begin once the presale is concluded and the token has landed on both centralized and decentralized cryptocurrency exchanges.
This service will allow users to hold their tokens, contributing to stabilizing the Salukis economy while earning APY.
Animated Series
“The quirks of Salukis Coin’s mascot are best highlighted in an animated format,” the project’s developers believe. Therefore, efforts will also be made to create an animated series around this good dog and distribute it across suitable platforms.
Global Shopping Mall
The project also aims to establish a Salukis Global Shopping Mall, offering 1-2% cashback in Salukis Coin to those who engage with this marketplace.
Exchange Development
Developing a mainnet is Salukis’s ultimate goal, as is creating a Salukis Exchange.
Furthermore, the foundation will donate a portion of the fee generated by the Salukis Coin transaction to global NGOs and the Salukis Foundation.
Salukis Coin Tokenomics
Salukis has opted for community-centric tokenomics but has kept the platform centralized enough to ensure it grows in the right direction. Here is the complete breakdown.
Why Salukis Could Become the Next Big Crypto
Here are some of the core reasons why the Salukis token has the potential to become the next big crypto.
Social Impact
People have been looking to associate with a project with more altruistic goals. With a small transaction fee allocated to the Salukis Foundation and donation projects, more noble cryptocurrency investors may be encouraged to support it.
Focus on Use Cases
Salukis Coin is a meme coin focused on multiple use cases. Although lofty, it has established a good roadmap for implementing them.
Current Ecosystem
The current macroeconomic conditions are more attuned to the growth of meme coins. Salukis Coin’s release in such circumstances can be a prelude to its potential in the future.
Presale
Another major reason why Salukis Coin has the potential to become the next major cryptocurrency investment is that it is a dog-themed meme coin on presale.
While market conditions have started to improve, they are still volatile, which makes it more suitable for investors to look for projects that offer them early-moving opportunities, which presales provide.
Conclusion
Salukis is a novel meme coin with a robust suite of use cases. Its altruistic goals can attract more conscientious investors looking for long-term value, and its imagery can potentially attract degen investors.
Those who want to keep up with its updates should consider following its social media accounts on Twitter and Telegram.
To participate in its presale, visit the official website – salukiscoin.com.
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