[PRESS RELEASE – Seattle, USA / Washington, May 22nd, 2023]
LOVESNOOPY, a meme coin inspired by the beloved original dog character Snoopy, has announced a burn of 65% of its total supply on May 21st, which together with the previous burn has burned 85.0246% of the tokens. At the current price of $0.00000005928, LOVESNOOPY has a market capitalization of approximately $8.26 million USD.
I LOVE SNOOPY, a project boldly launched with the vision of becoming the global number one memecoin, was launched by supporting its website in multiple languages from the very beginning. I LOVE SNOOPY issues an Ethereum-based meme token, $LOVESNOOPY, while diligently executing its roadmap, which includes listings on Char Burn, MEXC, Bitrue, BitMart, and a recent successful security audit by CERTIK. Furthermore, ILOVESNOOPY’s extensive fan base of nearly 200,000 Twitter followers boasts of a considerable fandom compared to other memecoins in its phase.
Internet Spy ZachXBT Thrown light on Memecoin abundance, stating that one person created 114 scam memecoins in the past month, redirecting funds to the same address. The Memecoin market is really saturated, with CoinMarketCap listing 706 memecoins in the “Memes” category.
assessment and risk factors
Although memecoins often lack a clear issuer and tangible utility, their speculative nature makes them suitable for a “high risk, high return” investment strategy. ILOVESNOOPY has addressed some of the previous concerns about centralization and implemented CERTICK audits to reduce risks.
The main utility of $LOVESNOOPY is to establish a vibrant and passionate meme community that we can all embrace with all our hearts. LOVESNOOPY’s path to global domination is simple! Just enjoy and ‘love Snoopy’! The more people enjoy, and love Snoopy, the more indelible his legacy as a beloved meme will be.
LOVESNOOPY is the source of this content. This press release is for informational purposes only. The information is not investment advice or an offer to invest.
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