The meme coin project Gruntle ($GRUNTLE) has seen its eighth presale round reach 84.85% of its target, securing $105,428 of the $124,247 allocation. The current token price stands at $0.000631, set to increase to $0.000633 once the round fills, ahead of a planned decentralized exchange listing at $0.000713 in Phase 3.
The presale, which closes on June 9, 2026 or when the cap is met, offers early buyers an 8,163% variable annual percentage yield (APY) through 'Hibernation Staking'. This yield is drawn from a fixed 250,000,000-token reward pool and declines as more tokens are staked. The project has also allocated 20% of its 5 billion total supply to a 'Deep Mud Reserve' for buybacks and burns, while 10% is locked in a decentralized liquidity pool and 25% is reserved for future exchange listings.
Gruntle’s smart contract was audited by CredShields on May 13, 2026. The project distinguishes itself with a deadpan capybara mascot and a focus on transparent tokenomics rather than aggressive marketing. The broader market context, mentioned in the project's promotional material, highlights a 21% weekly drop in Solana (SOL) and a 4.4% daily gain for Chainlink (LINK), with retail traders rotating toward early-stage presales.
