High risks are often associated with cryptocurrencies. The primary reason is that neither these transaction modes are regulated, nor does any governing body deems itself responsible if there is loss incurred in any case. Many countries are on track to add this channel officially into their governmental finance scheme. This step possibly will minimize the fear among the masses. However, even if it’s regularized, it only eradicates any likelihood of a scam; the volatility is still there. This, too, is a significant cause of repulsion for traders because the coin is dependent on external stimuli to increase/decrease in price.
No notice, no accountability, and everything is gone. No doubt about that. But there’s a solution: to delve in and determine which coins are worth trying. A decision backed by straight facts and a topping of logic does the job. You’re not supposed to worry about this component because we’ve researched and presented a viable opportunity. The first one we’ve here with us is Pugglit Inu (PUGT).
Pugglit Inu (PUGT)
Pugglit Inu (PUGT) is built on Binance Smart Chain – an exchange known for its security in the internet world. Pugglit Inu (PUGT) is a meme coin set to make a difference in the community. The name has come out of combining the characteristics of a dog and pig (Puggle and Piglet).
Meme coins have had a history of disrupting industries. Remember the overnight transformation Dogecoin brought? And then, Shiba followed the same trend aiding many to realize their goals of holding a million dollars. The competitive advantage of meme coins over traditional cryptocurrencies is that a conventional currency has got to build its reputation down the road. It sometimes takes years for the traders to experience an increase in value. On the other hand, Meme coins are birthed out of already circulating memes across social media. The hype around that meme is channelized to bring traffic for these coins.
Pugglit Inu (PUGT) is seen multiple times endorsing its cryptographic security. However, there have been many instances where the exchanges were scammed or hacked. This platform aims to avert such events in the future with a built-in secure infrastructure.
A swapping feature allows you to trade any Cryptocurrency token with Pugglit Inu (PUGT). You can either hold this currency to sell it later, with added rewards or utilize it.
Pugglit Inu (PUGT) plans to extend its services and create an application that’ll enable the pet community with the pet walker/sitters so the pet won’t have to suffer from the busy schedule of the owner. It’s a service-based offer, and a means to be a helping hand to the community.
The platform runs on a Reserve Currency protocol and depends on the stakeholders to make decisions. Each member onboard has a right to register their vote or propose a feature. It’s voted, utilizing the Decentralized Autonomous Organization principle.
Polygon (MATIC)
In multiple ways, Polygon (MATIC) resembles the Ethereum protocol. The only thing that creates the difference is that Polygon is a layer-2 scaling solution. Ethereum has always had issues with transaction processing times and gas fees. Polygon (MATIC) offers a solution in this regard. Moreover, it’s EVM compatible, which means applications that run over Ethereum can be deployed over Polygon (MATIC); Aave is one example.
The platform uses the Proof of Stake consensus model, enabling the platform to run millions of transactions a second in the future. Currently, it accounts for around 65,000 transactions. As of now, it’s traded at approximately 0.8 USD and ranks at 13 on coinmarketcap.
Pugglit Inu (PUGT) could achieve the same as Polygon (MATIC) as it’s not a conventional meme coin. Instead, it integrates the meme with the utility part, which is why we find it more feasible. You’ll get a whopping 18% more by buying it with Bitcoin in your wallet. You can also get an additional 10% for purchase in presale stage 1.
https://pug.pugglitinu.com/register