The presale for Milk Mocha's $HUGS meme coin has officially begun, marking the entry of a globally recognized brand into the cryptocurrency space. Stage 1 of the 40-stage presale is currently active at a price of $0.0002 per token, with weekly price increases planned throughout the rollout. The project has already raised over $30,000 in record time, driven by strong community interest from more than 80 countries.
Key features of $HUGS include a 60% APY staking reward system with daily compounding and no lockup periods, an NFT collection featuring animated 3D collectibles that offer metaverse experiences and in-game perks, and a mini-game ecosystem where users can spend tokens to compete for prizes. Additionally, a portion of ecosystem profits is allocated to a community-voted charity pool, supporting causes like education and clean water, with all donations tracked on-chain for transparency.
The presale model incorporates automatic token burns at the end of each stage to reduce supply and enhance scarcity, while a structured roadmap aims for the token price to reach approximately $0.04658496 by Stage 40. Early participants could see significant returns, with a $100 investment in Stage 1 potentially growing to over $23,000 if projections hold. The project leverages Milk Mocha's existing fanbase of over 50 million admirers worldwide, emphasizing emotional engagement and utility over pure hype, contrasting it with Dogecoin's earlier reliance on social buzz.
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