Bonk ($BONK) holders are shifting to a fresh ICO of a much more promising dog-inspired meme coin called Scotty the AI ($SCOTTY), as they eye the potential for gains of as much as 100x for early presale buyers.
Bonk is Solana’s flagship Shiba Inu meme coin and the third-largest meme coin by market cap.
Last at around $0.0000115 per token, $BONK’s market cap was last around $730 million.
$BONK certainly has the potential to rally 3x from current levels back to all-time highs at $0.000035.
But $BONK is unlikely to deliver gains of substantially more than 10x this bull market.
Rather, lesser well-known coins with valuations under $100 million, while risky, stand a much higher chance of delivering fast gains.
It’s no surprise then that Bonk holders have been shifting fresh ICO Scotty the AI, which some think has 100x potential.
What is Scotty? and Why is it so Special?
Scotty the AI is a brand new Ethereum-based dog-themed meme coin, but with a very important difference.
First of all, Scotty the AI isn’t just another Shiba Inu. Scotty is a Scottish Terrier.
And unlike the likes of Dogecoin, Shiba Inu and Bonk, Scotty is a meme coin that is packed with utility.
Indeed, Scotty is rewarding his army of fans with his unconditional loyalty as their on-chain, AI-powered guard dog.
Beneath his thick, jet-black fur is an agile threat-detecting AI system that tirelessly ensures the integrity of the cryptoverse by sniffing out potential threats, suspicious transactions, network anomalies, and security breaches.
As a security protocol, Scotty the AI’s token swap engine and chatbot, bring advanced AI-powered cybersecurity onto the chain.
Scotty’s swap engine taps AI to analyze blockchain data and identify threats before executing seamless and secure token swaps.
As a chatbot, Scotty the AI is a security oracle.
He has patrolled blockchain’s wildlands long enough to recall every transaction, block, and hash ever recorded.
Scotty will also be the star of an upcoming play-to-earn (P2E) game.
Further details, including gameplay, will be announced later, but the project’s developers have put Scotty at the heart of a game that aims for a wide target audience.
Bonk Holders Shift to Fresh ICO Scotty For 100x Gains
Scotty the AI just launched an initial coin offering (ICO) that has already raised a whopping more than $600,000.
Investors are racing to secure their $SCOTTY tokens given they are on sale for $0.0058 each, a very low price.
🚨 $SCOTTY # 1 #memecoin W/utility of 2024
🎉 smart investors smashed out Stage 5 in 3 days 😳
8 days ahead of time.🚀stage 6 now live and on the move. Price will increase at stage 7
Stage 1 – 5 closed out very early.
👉BUY $SCOTTY presale at https://t.co/zRmy4g8hfW… pic.twitter.com/kASVshEQW1
— Scotty The Ai (@ScottyThe_Ai) February 23, 2024
Indeed, given the total $SCOTTY supply of 1,734,567,890, investors getting tokens at $0.0058 are essentially buying to Scotty at a market cap of around $10 million.
If Scotty achieves its goal of becoming a household meme coin name, it could easily reach $1 billion.
100x gains are certainly on the cards, which cannot be said for $BONK.
But Bonk holders are shifting to fresh ICO Scotty for more than just its low valuation and high potential.
Scotty also offers a compelling passive income opportunity for yield farmers.
Indeed, early presale investors are currently netting yields of as high as 174% on their staked $SCOTTY tokens.
Scotty the Ai Token: Early Staking for High Yields | Token Pre-sale Details & Staking Processhttps://t.co/uSbD5vAFEA
— Scotty The Ai (@ScottyThe_Ai) February 18, 2024
That’s because, whilst 30% of the $SCOTTY supply will be sold in presale, 20% has been allocated to staking rewards.
These staking rewards are dolled out over three years on a fixed basis.
So investors get involved in the ICO earliest are getting the highest yields.
Scotty – Your Trusty AI-Powered Meme Coin
Unlike the hundreds of dodgy meme coins launched on DEXs every day, Scotty is a meme coin you can trust.
$SCOTTY’s smart contract has already been audited by Coinsult, passing with flying colors.
Its worth noting that no tokens are allocated to the team, reducing the risk of a post launch supply dump.
Moreover, all liquidity keys will be permanently burned in order to better align project and community interests.
Essentially that means that the team behind Scotty won’t be able to yank liquidity in a so-called rug-pull.
According to the project’s whitepaper, the team will strategically list $SCOTTY via popular DEXs like Uniswap and CEXs like BitMart before the launch of Scotty Swap and the beta version of Scotty’s dChat.
The team will also list the tokens on popular data aggregating websites like CoinGecko and CoinMarketCap to further enhance Scotty’s visibility.
The final phase of Scotty’s rollout is the “Blockchain Takeover”. This is the moment when the team will launch the protocol’s own proprietary blockchain.
Scotty’s Takeover signifies the last significant milestone as it transitions to a fully decentralized and community-governed platform.
