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New Meme Token Sharpei Offers Competitive Advantage

UTC by Babafemi Adebajo · 2 min read
New Meme Token Sharpei Offers Competitive Advantage
Photo: SharPei

The project roadmap on the website also suggests that there are plans to introduce SHARPEI Charity NFT collections in the future and to develop the SHARPEI P2E metaverse.

Meme tokens continue to be on the bucket list of people looking to invest in cryptocurrency and make astronomical gains. From Dogecoin (DOGE) to Shiba Inu (SHIB), SafeMoon (SAFEMOON) to Shiba Floki (FLOKI), the meme tokens continue to dominate the market despite their volatility. One more token that has joined the fray is the SHARPEI token.

Shar Pei is originally the name for a Chinese breed of large muscular dogs having distinctive wrinkly skin. Unlike some other meme tokens, Shar Pei (SHARPEI) is a decentralized open-source project. The team has provided adequate liquidity to ensure trading of the meme token with no issues.

Consequently, the token is fully community-owned meaning there are no founder tokens or team tokens. The developers also have no plans for a pre-mint, seed sale, private sale, or any other such method differentiating the coin from other meme coins before it.

Rather, since launching about 3 weeks ago, half of the total supply (50,000,000) is locked in liquidity for 12 months and is in circulation. The rest has been locked for 5 years demonstrating the coin is a fair deal. Additionally, there is no limit to the amount of Sharpei tokens an investor can hold. Upon purchase, investors can hold millions, billions, or even trillions in their wallets.

Prospects of the SHARPEI Token

Despite being recently launched, the Sharpei token witnessed an upward trend of 20,000% since its introduction. At the time of writing, the coin was trading at $0.00005743 according to CoinMarketCap. It also had a total diluted market cap of $5,734,588 and over 5000 holders. SHARPEI is currently available for sale on PancakeSwap in both BNB and BUSD pairs.

The project roadmap on the website also suggests that there are plans to introduce SHARPEI Charity NFT collections in the future and to develop the SHARPEI P2E metaverse while driving marketing campaigns globally.

If the figures are maintained, Shar Pei could become the next big thing in the crypto world.

Altcoin News, Cryptocurrency news, News
Babafemi Adebajo

An experienced writer and Fintech enthusiast, passionate about helping people take charge of, scale and secure their finances. Has ample experience creating content across a host of niche. When not writing, he spends his time reading, researching or teaching.

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