Meme coins like Dogecoin and Shiba Inu created a hype around them, which has led users to look for even more similar cryptocurrencies. The result came fast, and developers started creating more of them. Today we are looking at another meme coin - Volt Inu. What is interesting about this cryptocurrency is that it has other use cases, different from just being a meme coin.
What exactly is Volt Inu and is it worth investing in? This is what we are looking at today!
What is Volt Inu?
As we have already said, Volt Inu, or just Volt, is a meme coin. Despite that, it is a hyper deflationary cryptocurrency, running on the Ethereum network. It gives opportunities to users to invest in NFTs, farming, nodes, etc. It is also running on the Binance Smart Chain.
Volt Inu is one of the cryptocurrencies running on more than one network, using profits from investments for burning coins. As you might guess, this will lead to a price decrease in the future.
Moreover, VOLT offers a play-to-earn game, which has turned out to be a popular trend among developers and users.
Roadmap
The full Roadmap of Volt Inu coin can be found on their official website. It clearly shows the different stages of Volt development and the direction it is going to take in the future.
Stages one and two include the launching of the coin, its website development, CoinMarketCap and CoinGecko listing, NFTs acquisition, Whitepaper release, reaching 1000 holders, etc. Those two stages are completely done. While Volt creators are working on the development of Volt Inu coin, there are still objectives left on stages three and four.
Migration
The four stages of development appeared in the project wastepaper, but shortly after the developers realized that a new smart contract migration will be necessary. That was because the token’s 19 decimals hindered its listing on centralized exchanges, and the token’s growth had to be accelerated.
The migration was completed in April and divided 69,000,000,000,000,000,000,000 VOLT tokens by a billion, reducing technical difficulties on CEX listing.
Is Volt Inu worth investing in?
Although it was created as a meme coin, its use cases make it much different than the one we already know. It is not a real meme coin with no value, and it has a possibility of a price increase.
Moreover, it has a burning mechanism, reducing its supply, and this also can lead to a future price increase of the cryptocurrency. With that said, we can look at Volt Inu as a good future investment. Of course, we cannot give investment advice. All we can say is, do good research before making any investments in digital currencies.
Volt Inu price and price predictions
At the moment of writing (October 22), the price of Volt Inu is $0.0000000000000001167. As we have already said, we cannot make predictions about the future of this cryptocurrency. However, specialists believe that it can reach a price of $0,0000001 by the end of the year, and about $0,0000023 by 2025. Predictions seem great, and say that it can really be a great opportunity to invest in Volt Inu right now.
Conclusion
We can definitely say that Volt Inu is much different than other meme coins, as it has better utility, more investment options, and a growing community. The project has already been through a migration, and re-branding, and even created a bridge to a second blockchain. It overcame obstacles that many other meme coins could not, which makes it an interesting cryptocurrency to look at.
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