The past several months have been a time to forget for most crypto holders. The enduring bear market wiped off over 2 trillion in digital asset value between November 2021 market peak to January 2023.
Market analysts pointed to a combination of several factors, including the government’s crackdown on the industry’s bad actors. The fall of giant players such as FTX, Three Arrows Capital, and BlockFi set the stage for the climax of the crypto bloodbath early this year.
Despite lamenting the crypto winter, many investors have learned lessons that will shape how they build their portfolio in the crypto industry moving forward. As the market picks up again, many investors are looking for projects that can hang on during the market dip. This is why crypto investors are turning to $INU, a 2023 debutant already mirroring the glory days of the legendary meme coins: $SHIB, $DOGE, and $PEPE.
Let us unpack $INU, the rumored next $SHIB.
What is $INU?
$INU is a new meme coin in the market that launched on June 4th, 2023. It is a community-driven crypto project utilizing smart contracts. $INU has a large token supply aiming to meet the demands of millions of projected users.
Who is behind $INU
The famous crypto developer Ryoshi is rumored to be behind $INU. Ryoshi is the anonymous founder of Shiba Inu, a crypto meme coin that launched in 2020 and took the world by storm. Ryoshi announced quitting Shiba Inu a year ago. Since leaving Shiba Inu, there have been few public activities by Ryoshi. And now, it is speculated that Ryoshi is the founder of the new token $INU.
The community has been trying to figure out the apparent connection between $INU and $SHIB. This has included connecting dotes on the dates Ryoshi created $SHIB and now $INU. In one of the linking evidence, a community member on Twitter pointed to the connections between the $INU website code and the time and block when $SHIB was created.
Additionally, the $INU community has been analyzing a cryptic message in an attempt to unravel the person behind the project. All the evidence points to Ryoshi as the founder of the $INU project.
$INU Rivals the Leading Meme Coins
$INU is the new gem in the market, competing with the leading meme coins $SHIB, $DOGE, and $PEPE. $INU was launched on June 4th, 2023, and it is already taking the market by storm. $SHIB, $DOGE, and $PEPE holders are turning to $INU to expand their portfolio. These investors understand the potential behind $INU, which has already shown enough signs of emulating $SHIB in its early days.
$INU has recorded massive growth since its inception. Despite having a 50% correction on June 9th, the token quickly picked up, soaring by 20% in barely 24 hours. The token had seen $675,000 locked in its liquidity pool and 20 ETH burnt in just few days after its launch. Also, despite the crypto market volume consolidating by 51% over the past 24 hours, $INU has kept its bull run, recording 150% increase last week. The number of holders has also crossed 2.9k and continues to soar.
$INU is mirroring the legendary meme coin $SHIB in during its early days. $SHIB, which was launched in August 2020 to compete $DOGE, delivered one of the greatest returns in the financial market during its all-time high, soaring by 43,800,000%. Those who invested under $10,000 during the project’s early days watched their investments grow to billions of dollars-fortune in about a year. $INU has already taking this trend.
$INU’s incredible growth has also been likened to another recently launched meme coin, $PEPE. Launched in May 2023, $PEPE has recorded a massive growth moving from $100,000 to $1.8 billion in market cap within nine days. The token has also been listed in all major exchanges within a few days after its launch.
The market experts are already tipping the token to grow into a $6 billion market cap, judging from its debut record, vibrant community, the speculated team behind it, and other factors such as resistance to FUD.
The Secret Behind $INU Perfect Launch and Predicted Success
The Mind Behind the Project
Crypto investors understand that a crypto project is as good as the minds behind it. Having launched and inspired the growth of the second-largest meme coin before, Royshi is the right founder to trust when it comes to a meme coin project. Most investors see the active involvement of Royshi in the $INU project as a sign of success. Royshi is not so vocal and only communicates through blockchain cryptic messages. However, Royshi is believed to be fully behind the project, pushing for its success.
The Year of Mummification
Investors have been turning their attention to meme coins, which have remained unfazed during the period of FUD in the crypto industry market. Unlike Binance and Coinbase, meme coins have always dodged the impact of FUD triggered by crypto regulatory developments such as the SEC’s actions on the crypto space. Besides, these tokens have the maximum return on investments, which attracts many investors looking to create fortunes even from small investments. This has seen many investors turn to $INU as both safe and highly promising crypto investments in terms of return.
Vibrant Community
The activity of a crypto project community is a good indicator of its legitimacy and viability. The $INU community has rapidly grown since its launch. The community crossed 4000 members and continues to grow. $INU community members are also more vibrant. For instance, a recent post replying to Elon Musk’s tween received over 44,000 reactions from the $INU community.
Also, there is an upcoming Twitter space in which the $INU community will share insightful views about the new project and what the future looks like. The Twitter space will also include music and a good vibe. The telegram channel is also rapidly growing, with members crossing 1500 just a few days after its launch.
What is coming up?
The INU community has reached out to all major exchanges on the market to list $INU. Considering its anticipated success and the positive impact it would like to have on the exchanges that list it, there is a high likelihood many exchanges are going to list the token soon.
The community has also contacted NOW Payments.io, a crypto payment gateway company, over a potential collaboration with $INU to use the token for payment.
Also, there is a discussion to certify the project by Certik, the leading security-focused ranking platform for blockchain and DeFi projects.
Why you should invest in $INU now!
Want to join the millionaire club? INU is your golden ticket. Experts tip INU to grow at a tremendous pace. With the great team behind the project, a vibrant community, and the meme nature of the token, $INU has everything to mimic the legendary performance of Royshi’s first project, $SHIB.
Additionally, as a community project, $INU has the potential to expand its scope to gaming, NFT, and metaverse, in the future, depending on the direction the community would want to take the project.
The vibrant $INU community believes that the new token is set to skyrocket to an unimaginable highs. Every member of the community is doing their parts to see the token rise to record highs. The community has been urged to continue working together, keep focus, and avoid FUD, if any.
As more members join the community, the price of $INU continues to soar. Buying early is the first step in your millionaire journey. Join the community today and be part of the revolutionary meme coin.
Contract address: 0xc76d53f988820fe70e01eccb0248b312c2f1c7ca
