The Milk Mocha project has officially commenced the live presale for its $HUGS token, following the closure of its whitelist. Inspired by the popular cartoon bear duo, the presale offers open access without KYC, starting at $0.0002 per token in Stage 1 and progressing through 40 stages to a final price of $0.04658, representing a potential 23,000% increase.
The tokenomics feature a deflationary model where unsold tokens are burned weekly to increase scarcity. Holders can stake $HUGS for up to 60% APY with daily rewards and no lockups, supported by a gamified platform with badges and achievements.
The ecosystem includes an NFT collection with animated, upgradeable collectibles that unlock event access, bonus staking rewards, and governance rights. Mini-games in the HUGS Play Zone allow users to earn rewards and participate in token burns, while a community governance system enables holders to vote on future NFT designs, project goals, and charity efforts, with a portion of revenue allocated to causes like clean water and education.
With no private sales or centralized control, the presale aims to leverage Milk Mocha's existing fanbase and emotional connection, positioning $HUGS as a community-driven project in the meme coin space for 2025.