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AI cryptos are all the rage this season. The latest AI coin to capture the attention of investors is $TUK, the native token of the emerging EV ecosystem eTukTuk.
While crypto AI projects like Worldcoin, Fetch.AI, and SingularityNET ruled the charts over the last few days, their substantial market capitalizations limit the potential returns for those who missed early entries.
Still in the presale stage and ready to make its initial exchange listing soon, eTukTuk seems like an interesting project to watch.
eTukTuk Phenomenon Explained
The crypto market is notorious for the growing number of flimsy projects with no vision or purpose. While these projects manage to capture the attention of speculative investors in the early stages, they come crashing down within a few days or months.
However, long-term success is always dependent on the utility-based relevance of a project.
That underscores the growing popularity of eTukTuk. The project’s tangible application in the electric vehicle (EV) market positions it for potential mainstream adoption starting this year. The EV token revolutionizes the accessibility to green transportation in developing nations through AI and blockchain integration.
Traditional Tuk-Tuks, despite their affordability, contribute to carbon emissions in developing nations. Their role in driving urban economies is overshadowed by their energy inefficiency.
eTukTuk introduces electric Tuk-Tuks, alongside a blockchain-powered payment infrastructure and an EV charging station network, to address the challenge. The forward-thinking strategy is akin to Tesla’s vision, but it focuses specifically on developing economies to expand the reach of the EV sustainability market.
The Next Big AI Crypto? A Product of 5 Years of Research and Development
Most AI cryptos that have been trending this month are backed by ambitious projects with a technological foundation. Their promising missions underpin the growing popularity of the Web3 niche.
eTukTuk joins the list of AI cryptos to watch this year. Being launched after 5 years in development, eTukTuk successfully establishes its credibility before the token presale and the upcoming exchange listings. That sets it apart from the crowd of new crypto coins that have little to offer in terms of utility and relevance.
$TUK is used for charging by eTukTuk drivers. The reward pool is distributed among Territory Partners overseeing EV charging stations and Power Stakers securing the blockchain payment system. A play-to-earn (P2E) game inspired by Crazy Taxi will also join the ecosystem soon.
eTukTuk in March
$TUK is looking at a bright road ahead. $TUK early investors who take advantage of the presale prices are hoping for high potential returns. But there is little time to join the presale, with the $1M milestone already crossed.
$TUK is selling for $0.02725 in the current presale stage. Within the presale, early investors are rewarded with bigger discounts and higher staking APY.
It’s interesting to note that Worldcoin’s WLD was selling for just $0.9758 on September 13, 2023. But it has surged 843.36% over the last 5 months. WLD is selling for $9.05 now.
Can WLD replicate its past trajectory, however?
It is unrealistic to expect WLD to record a similar exponential growth in the near future. The market cap, having ballooned up to $1,228,390,520, is bound to shed weight soon.
Low-cap AI coins like $TUK, on the other hand, are a fertile albeit risky opportunity.
The real-world goal of the project is to bring more inclusivity to the EV industry through blockchain, and AI adoption will underpin its long-term growth.
To join the eTukTuk presale before the sell-out, visit the official eTukTuk website.
Other Crypto Tokens to Watch this Week
As always, meme coins continue to top the charts with rapid pumps and dumps, regardless of the rise of AI cryptos.
One of the top meme coins to watch this week is SMOG. With a series of Solana airdrops, the project is set to ignite a massive meme coin pump this week. Investors who opt to purchase SMOG directly from the website are eligible for a 10% over-the-counter (OTC) discount.
Another trending new crypto coin of February is Bitcoin Minetrix ($BTCMTX). The project’s grand presale is heading toward an early sell-out now. With the growing influx of investors, Bitcoin Minetrix has crossed the $11.4M milestone. It is one of the most successful presales of 2024.
The project’s key highlight is its stake-to-mine dashboard that offers a streamlined approach to accessing Bitcoin mining rewards. On staking $BTXMTX tokens, stakers will receive non-transferable mining credits in exchange. Users can burn them to earn BTC mining rewards over time.
Bitcoin Minetrix successfully taps into the pre-halving momentum with its clever name, indicating a FOMO-fuelled token launch. In the long term, however, the utility will be the primary driver of the token price.
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