What is Lovely Inu?
Lovely Inu is a decentralized meme project based on BEP-20 technology with the aim of LOVELY as a utility token. It not only proposes a highly profitable procedure by buying and holding LOVELY but also by participating in various Launchpads checked and recommended by its team of experts.
Built on the Binance Smart Chain BSC platform, Lovely Inu is generated 10 times faster and Gas fees are 100 times cheaper. It has learned a lot of tricks and lessons from its fellow meme tokens and so by combining the community and a high-performance Launchpad for other projects, Lovely Inu will bring a revolution. network in the virtual currency world.
LOVELY token is a coin that uses BEP20 platform, and has successfully passed the highest level of security testing to enhance community trust, in complete transparency. Its design is based on clear market rules and economic fundamentals, reconciling a high-performance protocol with built-in price stability features.
Lovely Inu’s Detail Information
- Name: Lovely Inu
- Trading name: Lovely
- Platform: Binance Smart Chain (BSC), BEP 20
- Contract: 0x9e24415d1e549ebc626a13a482bb117a2b43e9cf
- Total Supply: 75,000,000,000,000 LOVELY
- Listing: October 2021
Tokenomics Lovely
With a total supply of 75,000,000,000,000 LOVELY coins, 68,9805% of it is allocated to the circulating supply, and the remaining 31,0195% is allocated as follows:
- 30% Lovely tokens allocated for marketing
- 35% Lovely tokens are allocated for project development
- 10% Lovely tokens allocated to the team
- 5% Lovely token allocated for legal and project registration
- 20% Lovely tokens are allocated for other purposes
In order to increase the token value, Lovely Inu plans to conduct a quarterly Lovely token burn through a smart contract, using 15% of the profits generated from the transaction fees each quarter to redeem the tokens and burn them up to 55%. a number of tokens in the total supply.
Lovely Inu’s Ecosystem
Lovely Inu’s ecosystem has 6 main products: Lovely Swap, Lovely Stake, Lovely Launchpad, Lovely Casino, LOVELY Wallet, and LOVELY Exchange:
1. Lovely Swap
Launched in 2021, LOVELY SWAP is a decentralized exchange (DEX) where users can swap BEP20 LOVELY tokens for BUSD & BNB. Lovely Inu’s goal is to be the largest and most secure DEX in the world and serve as the platform on which LOVELY will develop functionality for LOVELY holders.
2. Lovely StakeLaunched in 2021, LOVELY Stake is the official NFT/Defi marketplace where holders can Lock (deposit) their LOVELY tokens to earn exclusive NFTs introduced by artists from the LOVELY community. their work and get the community to vote on which should be added to the marketplace. A portion of the fees generated by the NFT is distributed to the artists, while the rest funds the development of LOVELY.
3. Lovely Launchpad
LOVELY Launchpad is the safest and most secure vehicle for innovative crypto startups, users can participate in Initial Liquidity Offering using LOVELY. It is completely decentralized, based on the Binance Smart Chain smart contract, and has the easiest user interface.
4. Lovely Casino
The casino game platform will have a live casino with an Attractive UI Design and provide users to play casino using LOVELY tokens. Safe and Secure Multiple Tokens LOVELY Wallet will have the easiest user interface with Multi-Function.
5. Lovely Wallet
The LOVELY wallet app will be introduced on both Android and iOS. Cross-chain transactions will be enabled through the implementation of the lovely Inu Protocol, which links multiple blockchain infrastructures. Initially, the MetaMask wallet will be used as a wallet on the website but will be replaced by a wallet developed in-house by LOVELY. After that, MetaMask will only work in the web app and will be replaced by the native Wallet mobile app, which will work on both web and mobile apps.
6. Lovely Exchange
Lovely cryptocurrency exchange on Android and IOS will make it easy for users to trade different cryptocurrencies.
The advantages of Lovely Inu
- Transparent: Lovely Inu maintains open communication with their owners so they can stay updated and informed about each step of LOVELY’s development.
- Community: LOVELY is community-owned, meaning they encourage team efforts related to marketing, development, community management, and more.
- Trust: In the crypto market, Trust is paramount. That means not only providing transparency, but also security regarding the owners of the funds. Examples include LOVELY tokens and liquidity audits, tokens are burned to eliminate the risk of bad behavior.
- Cheap transaction fees: As mentioned above, the conversion fee with Lovely token is very cheap with 10x faster speed and a 100x cheaper Gas fee.
Where can users buy Lovely Inu?
LOVELY coin is currently listed on various exchanges. You can trade LOVELY currencies at MEXC, LBANK, Dodo, and Pancakeswap,.
Roadmap
The future of Lovely Inu
The future of Lovely Inu is highly dependent on the overall performance of the crypto industry. When it comes to investing in LOVELY, you need to make sure that you are using the right strategy. This type of investment is unsuitable for those with an asymmetric risk profile. However, it is still an excellent investment for those with a high-risk tolerance and a solid financial position. In addition to its speculative nature, LOVELY also offers exposure to global technology and an ever-growing ecosystem.
Lovely Inu’s value is expected to continue to expand, as shortage tends to encourage price rises. Please note, there is some risk to any investment. Just invest in what you can accomplish before coming to any conclusions and conduct the maximum research possible.
Hopefully, the information that Crypto Insights has provided above is useful for you before deciding to invest in Lovely Inu!