2 weeks ago
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Among the new presale arrivals, BTFD is one that has emerged with the unique acronym “Buy The F***ing Dip,” while showcasing a new angle and promising long-term gains as well as early moving opportunities. However, the token’s long-term prospects come from simple attributes like staking, and its short-term gains focus on a narrative involving negative market movements.
Can it leverage these attributes to move up in value? This article will dive deep into the token’s fundamentals to get the answer.
What is BTFD?
It isn’t immediately clear what BTFD means. The entire acronym is hidden behind the project’s mascot, a cow bobbing her head, and it doesn’t match the overall happy narrative the project is trying to create.
Portraying itself as more than just a meme coin, BTFD talks about a degen movement that the community is waiting for. It mentions the P2E game coming when the presale reaches the 8th stage and the 90% APY people will receive if they invest in its presale.
The baby cow, or the Baby Bull, highlighted on the official website is said to reflect the optimistic nature of the market. Since most tokens are currently trading in the green, the only “buying the dip” opportunity can arrive from presales, which the BTFD token has organized.
An ERC-20 token, the project sparsely talks about its core use cases. The P2E game it mentions has only been discussed on the page twice. And the main force driving this token’s value are the four mascots highlighting the different aspects of the bull market.
Baby Bull
This is the main mascot of the project, and it aims to act as a visionary guiding the way. It is said to have an easygoing charm, and its focus is on community building.
Raging Bull
Raging Bull has been defined as possessing unstoppable energy. He is creative and has a passion for design. His artworks are the center of BTFD’s social media posts, and they try to elicit positive emotions from the crypto space.
Nerdy Bull
Nerdy Bull signifies the strategic elements of the BTFD ecosystem. He is a strategist who reportedly ensures that the details of the project are correct and the ecosystem runs smoothly.
People’s Bull
The last bull is one that gives voice to the community. People’s Bull is portrayed as an active entity across social media platforms and ensures that the community continues to stay engaged with whatever updates the BTFD token comes up with.
BTFD Staking – Static APY
The conventional approach to presale staking has been about dynamism. As more tokens are staked, the APY is reduced. However, BTFD has kept the APY stationary at 90%. According to the official website, staking will lock the tokens for 16 weeks after launch, meaning that stakers can only interact with this ecosystem almost 4 months after the presale concludes.
While this could suggest that BTFD is aiming for long-term gains, the project doesn’t have many noteworthy elements to suggest that it could sustain its value over an extended period.
BTFD Price Prediction
BTFD has opted for a multi-staged presale, which has become the norm for most projects. The presale has 14 stages, according to the whitepaper, and it has raised over $2.9 million to date.
The token also offers multiple modes of transaction, as the payment module lists Ethereum, Bitcoin, Binance Coin, Tron, Solana, Dogecoin, Avalanche, Litecoin, and other supported cryptocurrencies for transactions.
However, issues arise when people connect their wallets. Phantom Wallet has blocked the website, stating that the site is not safe. This adds some doubts about this platform, which could hurt the BTFD price in the short term. But since the presale has been successful so far, it could experience a price spike after listing. Our conservative estimate is that the BTFD price may reach $0.0004 after the presale’s conclusion, followed by a retrace.
In the long term, it must showcase its P2E game to capture the market’s attention. If it cannot, investors may likely forget about it or decide to dump their holdings. Optimistically, if BTFD Coin does provide its P2E perks, even then it would have to compete with similar tokens. What makes the token stand out will decide whether the BTFD price increases a few years after the presale’s conclusion.
Wall Street Pepe Could be A Better Investment
While BTFD offers a unique mascot and has gained a large following on social media—above 7,000 followers—there are still fears about the platform’s legitimacy. Therefore, investors should also consider parking their funds in alternative meme coins that offer better mascots and more substantial long-term benefits.
One of the leading tokens providing these benefits is Wall Street Pepe. Inspired by Pepe, Wall Street Pepe features intriguing imagery of a Pepe dressed in office attire, talking on the phone, and wearing “$” glasses.
Accompanying this is a statement that describes this mascot as someone who dislikes the whales that hide in insider groups. With that, it highlights its desire to create a WEPE community, where members can hold power over the meme coin market and generate wealth together.
The project makes a realistic statement about the state of the meme coin market. While many meme coins have increased in value, generating massive gains for investors, the number of investors has been few. Some of these investors have been market movers, others have been developers, and a few have been whales. Wall Street Pepe aims to create a community where low-cap investors could hold power over the meme coin economy.
It aims to do so by establishing a meme coin community—a WEPE army—that gives the token holders access to many perks. Members of this community will get regular updates about the best meme coin picks, strategies, and signals, as well as the opportunity to learn from other traders.
Wall Street Pepe is also planning to organize competitions, motivating successful traders to share their secrets and participate in weekly trading competitions. Additionally, those who want to earn more passively can stake their WEPE tokens for gains.
With so many perks and eye-catching imagery, Wall Street Pepe has been able to raise upwards of $4 million in record time.
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