Scotty the AI Token Launches on MEXC Kickstarter, Experiences 150% Price Surge

March 28, 2024
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3 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

AI meme coin Scotty the AI surges 150% on MEXC Kickstarter and aims to build an AI-powered blockchain security protocol.

Scotty the AI, a newly introduced meme coin, has made its debut on the pre-launch Kickstarter program of the cryptocurrency exchange MEXC. The project's $SCOTTY token has seen notable price movement since its launch, attracting early investors with promising returns.

According to the announcement, users have the opportunity to pledge their MEXC tokens prior to the listing of Scotty The AI ($SCOTTY) to participate in an airdrop with rewards totalling up to $50,000 USDT. 

The $SCOTTY token experienced a rapid surge of 150% within an hour of its launch last week, reaching highs of $0.02597. Although the price has stabilised since then, currently trading at $0.01335, it still represents a significant increase from its initial listing price of $0.01. 

CoinGecko data indicates that approximately 10.5% of these gains came after the announcement by MEXC.

MEXC's Kickstarter campaign aims to identify promising projects while providing airdrop benefits to its users. The voting process for the inclusion of Scotty the AI commenced on 27 March and will continue until 04:50 UTC tomorrow. 

Users must commit a minimum of 1,000 MX tokens to participate in the vote, with rewards distributed proportionately based on the amount of tokens committed.

Understanding SCOTTY: A Unique Blockchain Security Protocol

The $SCOTTY token serves as the foundation for an AI-powered blockchain security protocol, offering two primary features. Scotty Swap, an AI-powered token swap protocol, facilitates secure token swaps by analysing blockchain data to identify potential threats. 

Additionally, Chat With Scotty introduces an advanced chatbot focused on blockchain security, functioning as a security oracle capable of recalling every transaction, block and hash recorded on-chain.

Scotty the AI's listing on MEXC follows its recent inclusion on CoinGecko, signalling its growing presence in the cryptocurrency market.

BUY AND STAKE $SCOTTY FOR 231% ESTIMATED REWARDS

In addition to its blockchain security offerings, Scotty the AI plans to venture into gaming and blockchain technology. The project aims to launch a play-to-earn (P2E) video game targeting a diverse audience, with further details expected to be announced in the future. 

The rollout will culminate in the launch of a proprietary blockchain, demonstrating Scotty the AI's ambition to establish a multifaceted presence in the cryptocurrency landscape.

Tokenomics and Future Listings

The $SCOTTY token operates on the Ethereum blockchain under the ERC-20 standard, ensuring widespread accessibility and interoperability. With a total supply cap of 1,734,567,890 tokens, 50% of the supply was allocated to the presale, while an additional 20% is reserved for staking over a three-year period. 

Notably, no tokens are allocated to the project team and all liquidity keys are permanently burned to align project interests with those of the community.

Following its listing on MEXC, Scotty the AI anticipates further listings on centralised exchanges in the near future.

PURCHASE $SCOTTY WITH ETH, USDT OR CARD PAYMENTS

As Scotty the AI continues to navigate the cryptocurrency market, its success will depend on maintaining utility, fostering innovation and addressing regulatory considerations. 

In recent developments, Nvidia's GTC 2024 conference sparked a $25 billion surge in the AI token market.

With an increasing trend of investors pulling away from meme coins without utility for AI tokens, $SCOTTY has become a go-to AI crypto for investors looking for long-term profits.

To keep track of the latest developments on Scotty the AI, users are advised to follow the official social media channels on X (Twitter) and Telegram.

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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