298M SHIB Token Burn Event Fuels Momentum for SMOG and eTukTuk Future Token Burn Events with 100x Potential

March 17, 2024
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4 min read

This is a Crypto Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

Meme coins like SHIB burn tokens to rise in value, while new projects like SMOG and eTukTuk focus on airdrops and sustainable transportation, all aiming for 100x gains.

While established meme coins like Shiba Inu (SHIB) are implementing token burn mechanisms to combat inflation and potentially boost value, new projects like Smog (SMOG) and eTukTuk (TUK) are generating buzz with their unique approaches and ambitious growth plans.

In a move that has sent shockwaves through the crypto community, the Shiba Inu ecosystem burnt a colossal 298 million SHIB tokens in a single 24-hour period. 

This staggering 438.18% increase in the burn rate signifies a continued effort by SHIB enthusiasts to reduce the overall supply, potentially driving the value of the remaining tokens upwards. 

Since the year began, the community has destroyed a remarkable 410.7 trillion SHIB tokens, bringing the circulating supply down to approximately 582.5 trillion. While SHIB's price remains in consolidation mode after a recent rally, this ongoing token burning initiative could significantly influence its market dynamics in the future.

Smog Takes Flight with Fiery Potential

The meme coin market shows no signs of slowing down, with a new Solana-based contender called Smog (SMOG) rapidly gaining traction. SMOG has skyrocketed by over 1,000%, attracting the attention of prominent crypto traders who foresee a potential 50x (or even higher) upswing for this fiery token.

SMOG boasts a unique mascot – a fire-breathing dragon inspired by Smaug from The Hobbit – a stark contrast to the typical dog theme dominating the meme coin landscape. 

The project's roadmap outlines ambitious goals, including reaching 100,000 unique holders and potentially implementing a token burn protocol to mirror SHIB's strategy. 

BUY AND STAKE $SMOG FOR 10% DISCOUNT

With over 10,000 investors already following SMOG on Twitter and popular YouTube traders like Jacob Bury and Crypto ZEUS singing its praises, SMOG appears set to become the next breakout meme coin on the Solana chain.

Fueling the Flames: SMOG's Upcoming Airdrop

Adding to the excitement surrounding SMOG is the highly anticipated airdrop. A staggering 35% of the total SMOG supply, amounting to 490 million tokens, has been earmarked to reward early adopters. 

This airdrop translates to a potential windfall of $28.9 million based on SMOG's current price. To participate, users simply need to hold SMOG tokens in a compatible Solana wallet, with additional actions like joining the Smog community on Zealy further boosting their airdrop earnings. 

The success of other Solana meme coin airdrops, such as Bonk (BONK) and dogwifhat (WIF), fuels optimism for SMOG's airdrop, potentially propelling the token price even higher.

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eTukTuk: A Sustainable Ride to the Future

While meme coins like SHIB and SMOG capitalise on hype and community engagement, eTukTuk (TUK) takes a more sustainable approach. 

This project aims to revolutionise transportation in developing regions by creating an ecosystem of electric tuk-tuks, solar-powered charging stations and an intelligent network powered by AI and blockchain. 

With sustainability concerns at the forefront of global conversations, eTukTuk presents a timely solution for regions struggling with limited EV infrastructure.

Early Bird Gets the Worm: Lucrative Benefits in the eTukTuk Presale

The ongoing eTukTuk presale offers a compelling entry point for investors seeking exposure to a promising eco-friendly project. The presale price of $0.026 per token is significantly lower than the upcoming public listing price, allowing early adopters to secure substantial discounts. 

But the true advantage lies in the staggering 453% APY staking rewards available during the presale phase. These yields decrease progressively as the project matures, highlighting the significant benefit of joining the presale to maximise returns.

Ground Floor Entry for Disruptive Potential

eTukTuk's comprehensive approach positions it to become a major player in sustainable transportation within developing economies. The project's focus on research and development, EV deployment, solar infrastructure and AI-powered coordination creates a unique value proposition. 

Investing during the presale allows entry at a low market cap, offering the potential for significant returns if eTukTuk captures even a small market share.

A Sustainable Future Built on Utility

The eTukTuk token ($TUK) serves as the backbone of the entire ecosystem. It will be used for ride payments, charging, rewarding drivers and partners, and participating in governance through staking. As the platform grows, so too will the use cases for $TUK, increasing its intrinsic value. 

Additionally, a token burning mechanism is planned, further reducing supply and potentially driving the price upwards. This combination of utility and potential scarcity positions $TUK for long-term appreciation as the eTukTuk network expands.

PURCHASE $TUK NOW WITH EITHER BNB, USDT OR CARD PAYMENT

eTukTuk takes a novel approach to community engagement by introducing a play-to-earn mobile game. Users can manage a virtual sustainable taxi service, earning rewards in $TUK tokens. This gamification strategy not only fosters a strong and engaged community but also attracts younger demographics, further expanding the project's reach.

The Road Ahead: A Future Fueled by Innovation

The cryptocurrency market thrives on innovation and the potential for disruptive change. The stories of SHIB, SMOG, and eTukTuk perfectly encapsulate this spirit. While SHIB leverages a community-driven burn mechanism to potentially alter its market dynamics, SMOG and eTukTuk take entirely different approaches.

With the potential for substantial growth with future token burn events down the line, $SMOG and $TUK represent the future of the crypto market, offering early investors a path to 1000x returns and beyond.

This article is a Brand Press post. Brand Press is a paid service for brands that want to reach Techpoint Africa’s audience directly. Techpoint Africa’s editorial team doesn’t write Brand Press content. To promote your brand via Brand Press, please email business@techpoint.africa

This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.
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This Brand Press article was not written by Techpoint Africa’s editorial team. To promote your brand via Brand Press, please email business@techpoint.africa.

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