The largest cryptocurrency, Bitcoin, is currently trading above $50,000. Expectations are high for the beginning of the next phase in this upward trend, focused on the Bitcoin halving planned for April.
Additionally, a wide variety of altcoin types can be found in the crypto market, depending on their purpose. Some simply copy each other, while others represent unique technologies and functions. In the crypto industry, where it is difficult to decide, some altcoins are promising.
Entering its Fifth Phase, Scotty The AI Comes to Become the Guardian of the Crypto World
New cryptocurrency Scotty the AI (SCOTTY) is currently in its fifth round of pre-sale and is attracting great interest from cryptocurrency investors as the altcoin of the future.
More than $453 thousand worth of Scotty the AI tokens were purchased in the new pre-sale event. Thus, the project, which reached the milestone of $ 500 thousand, became one of the most popular pre-sale cryptocurrencies in the current market. This achievement, along with other benefits associated with this project, has been widely discussed in the cryptocurrency community.
SCOTTY is an innovative startup that combines artificial intelligence and blockchain technology to provide beneficial solutions to investors and ecosystem members. This initiative aims to provide innovative value to the community and improve their understanding of emerging trends in the crypto industry.
Leveraging artificial intelligence support, the invention aims to offer the latest solutions to increase customers’ trust in cryptocurrencies. Scotty the AI represents the Scottish Terrier and is positioned as the protector of the cryptocurrency world. This moniker relates to the project’s commitment to changing what’s currently known about security in the crypto and blockchain industry. Scotty the AI’s primary goal is to improve blockchain security. For this reason, it seems likely that it will attract great attention.
Those who want to purchase Scotty the AI token can obtain the token, which is currently traded at $ 0.0055. It should also be noted that investors who do not participate in the current phase will face higher costs to obtain the token in the next round.
Scotty the AI offers two different services called ScottyChat and Scotty Swap. The project is equipped with these features to deliver groundbreaking solutions and usher in a redefined era in the blockchain environment. The Scotty Swap tool is a cutting-edge innovation that allows users to easily swap tokens within its ecosystem. Additionally, the product has a good interface for smooth access and fast application. Scotty the AI combines the tool with sophisticated algorithms and security measures, providing safe ways for users to research token pairs.
One of the standout features of SCOTTY that positions it for future growth is its tokenomics. The total supply of the token is 1,734,567,890. 30 percent of this supply was allocated for pre-sale. The remaining 70 percent (1,214,197,523) was allocated for project development, staking reward, exchange liquidity and marketing.
Those who want to buy this new cryptocurrency and be among the first movers of the rapidly growing crypto project can obtain the token by visiting the website.
Promising Altcoin with P2E Game Providing Advanced Functionality and Incentives: Sponge Token V2
The second-ranked altcoin is Sponge Token V2, which aims to build on the successes of its predecessor, Sponge V1, by providing more functionality and incentives while maintaining its core features.
Sponge V2 aims to replace V2 by allowing investors to lock their V1 tokens into a V2 smart contract in exchange for V2 tokens. Investors have two alternatives available to purchase Sponge Token V2.
One of them is to buy V1 tokens and deposit them into the staking pool. The other is to bridge existing V1 tokens to V2 with a stake-to-bridge mechanism using a simple staking procedure.
Upon launch, investors will receive an equivalent amount of V2 tokens in their wallets based on the amount of V1 tokens they staked. Once Sponge V1 is fully sold, Sponge V2 will become available for demand.
Investors have the opportunity to receive staking rewards in SPONGEV2 tokens with a four-year APY that is currently approximately 189 percent. Investors who invest a larger amount of V1 tokens will receive a larger number of V2 tokens in return. According to the website, the total amount currently received and staked through the site has exceeded $9.5 million.
Once staked, V1 tokens will be permanently locked and cannot be sold or withdrawn. Additionally, the recent migration to the Polygon network is expected to enable more cost-effective and faster transactions while mitigating the consequences of ERC-20 smart contract breaches.
The Sponge V2 team is developing a unique play-to-earn (P2E) game that will increase the usability of the token. Participants can earn SPONGEV2 tokens by participating in the game and reaching the top positions on the leaderboard.
On the other hand, users can choose between the free version and premium version of the game. The paid version allows players to purchase game credits for additional passive profits by spending Sponge V2 tokens. This upcoming play-to-play (P2E) game is expected to significantly contribute to the expansion of the token by providing significant functionality to the project.
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