As Dogwifhat (WIF) pulls lower from its earlier weekly highs, WIF investors are targeting a new green ICO called eTukTuk (TUK), as they chase potential 10,000% gains in 2024.
WIF was last changing hands around $3.46, down close to 20% from this week’s highs in the $4.30s.
The rising Solana meme coin is threatening a break below its 21DMA and support in the $3.20-60 area.
That could open the door to a pullback towards the 50DMA around $2.50.
With the outlook for the meme coin market cloudy, it’s no surprise that WIF investors are tsargeting new green ICO eTukTuk (TUK), a lesser-known token that could pump 10,000% this year.
eTukTuk is a new eco-friendly DePIN crypto project that seeks to accelerate the adoption of electric TukTuks in emerging countries.
Investors have been piling into the green crypto’s $TUK token ICO. The transportation-focused web3 start-up has now raised close to $3.0 million.
Each new stage of the eTukTuk presale brings an incremental price increase of 3%, baking in pre-listing gains for early backers (up to a total of 31% across the presale).
Potential investors are advised to move quickly, as the next price rise is fast approaching when eTukTuk hits $3.271 million.
We’ve hit a major milestone, raising $2M in our pre-sale!
Thanks to our incredible community for your support.
Rest assured, these funds will fuel our mission for a sustainable future 🚀https://t.co/4kiTWB8U8Z
— eTukTuk (@eTukTukio) March 20, 2024
Here’s How New Green ICO eTukTuk Will Change Urban Transport in Developing Nations
Given how small and cheap they run, tuk-tuks are a key mode of transport for developing nations.
Tuk-tuks are notorious for their high levels of pollution, however.
For example, a tiny tuk-tuk typically has higher CO2 emissions than a conventional automobile.
This hurts city residents in developing countries like Sri Lanka and contributes to global warming.
“270 million internal combustion engine (ICE) Tuk-Tuks and other two- and three-wheeler vehicles are having a detrimental impact on developing nations across the globe,” points out the eTukTuk white paper.
eTukTuk will manufacture and distribute its own newly developed electric tuk-tuk.
But the startup isn’t just replacing traditional tuk-tuks with electric variants.
It’s also redefining urban mobility with a slew of AI and blockchain solutions:
- AI-Driven Efficiency: The $TUK token will fuel AI advancements to optimize routes, reduce traffic congestion, and reduce fuel consumption.
- Eco-Friendly Innovations: $TUK aligns token presale efforts with environmental goals, supporting green transportation research.
- Smart Infrastructure: $TUK tokens will lead intelligent transport systems through AI-enhanced blockchain technology.
- Predictive Maintenance: AI integration in eTukTuks will allow timely maintenance, prolong vehicle life, and ensure reliability.
Is $TUK a Secret Passive Income Gem?
$TUK will be the native currency across new green ICO eTukTuk’s EV ecosystem and blockchain.
The token will be used for rides, charging, payments to drivers and territory partners, and staking rewards.
The token design incentivizes participation and growth of the network.
eTukTuk is also introducing a play-to-earn game that will let players drive virtual tuk-tuks through cities in Sri Lanka to pick up customers and earn $TUK token rewards. The mobile game will be called “Crazy TukTuk Taxi”.
Get ready for an electrifying adventure! 🚗⚡️
Our new mobile game ‘Crazy TukTuk Taxi’ is zooming onto the Play Store and App Store soon.
Stay tuned for the ultimate tuk-tuk experience! pic.twitter.com/k7tWgpHCXu
— eTukTuk (@eTukTukio) April 10, 2024
This gamification will further expand the $TUK token’s utility.
Early presale investors also get the option to stake their newly acquired tokens for yields as high as 92%.
Introducing Buy and Stake mechanism, get $TUK tokens and instantly stake them, initiating a dynamic APY.
Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. 💫 pic.twitter.com/pMrXEZzB3f
— eTukTuk (@eTukTukio) October 10, 2023
For instance, a $10,000 USD investment in $TUK tokens during the presale would fetch over 380,000 tokens. Staking those tokens would earn holders nearly $1,000 per month in passive income at current APY!
So, not only is $TUK one of web3’s most promising new green ICOs, but it’s also a secret passive income gem.
With strong tokenomics and near-term income potential through staking, the $TUK presale offers a way to gain exposure to eTukTuk early on while the project is still taking shape.
eTukTuk’s token presale could be one of 2024’s best.
$TUK is a BEP-20 standard token on the Binance Smart Chain network, with a total supply capped at 2 billion tokens.
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.