Meta Description: The recent entry to crypto, Hoodie Chicken aims and is ready to reach a sky-high boost in the next 6 months, with various perks for the token holders.
Hoodie Chicken is the new entrant in the crypto world, starting in the recent July. But the crypto token is promising a solid foundation for investment with interesting ROI. It is simply because the notion behind is noble and piquing interests. Here, we will talk about the potential of Hoodie Chicken to reach a high market, why it can achieve so, and how other tokens are doing in this perspective. Let’s Begin!
Small Start Among Big Guns
Hoodie Chicken is a fresh entry among the surging crypto market where many multiple crypto coins are boosting. For instance, Ripple (XRP) is heading to a decisive turn of their issue with the SEC. Many potential investors are looking towards its results which may surge its value to above $0.6 if they turn successful (otherwise, not a good result for XRP).
On the other hand, multiple altcoins are performing well as the next bull rush is approaching. Uniswap has raised to $7.4 from $6.5 since the start of October. Solana is surging high from $135 to $155. Aptos has increased from $7.6 to a significant $10.05.
In this outburst of the approaching bull rush, HCT has an undeniable potential to shoot with a high ROI percentage since its current market cap is low. It sits at just around $3.19M which at the peak of the bull rush will go crazy high. But what makes it an exciting long-term investment with sustainable benefits? Let’s find out.
The Idea Behind
Hoodie Chicken has acknowledged the power of NFTs which has washed the online space in the previous few years. On the one hand, where several platforms have launched NFTs for profit purposes or just the mere display of their art, Hoodie Chicken has aimed to benefit from its reach and aims to point out a societal issue.
It has raised the voice against weapon violence and online bullying and used the powerful language of art for it. It drives a notion of ‘Don’t be a Hoodie Chicken’ which propels people to fight against the shadows of violence and cyberbullying and speak up.
It’s Presumed Impact
From the notion and its awareness-driven movement, team Hoodie Chicken targets to establish a safer and more sustainable environment for people to thrive. As a result, they foresee a future where people are standing heads up against the dominating violence. With the people funding in the token, a significant portion is contributed towards the noble cause of eradicating cyberbullying.
Tokenomics
Hoodie Chicken, under the symbol of #HCT, has a total supply of 10 billion tokens, where 3 billion tokens already are locked for 3 years. The team has allotted the remaining tokens to private sales, fair launches, rewarding airdrops, marketing, development, and the owners’ wallets.
They will also burn around 3.5 billion tokens to maintain the liquidity of the coins in the market. It will leave around 6.5 billion tokens for the users. It will keep the coin available and incentivise for the users to invest more, protecting their funds.
Interestingly, the platform will reinvest the profits from buy tax and sales tax back into the project. Hence, it will further facilitate the holders to gain value, promising long-term profit and positive return on investments.
Diverse NFT Collection
The platform exemplifies the famous and factual saying, ‘A picture speaks a thousand words.’ Their diverse collection of more than 10,000 NFTs features multiple hoodie chickens with several objects in their hands (or wings).
Some feature a stop-negativity sign or positive advice, some have rebellious guns to signify the oppressing nature of weapon violence. The other wing holds creativity, either a paintbrush, a flower bokeh, or a knife. Being an NFT already signifies the online and cyberspace. Hence, it digitally raises awareness of suppressing cyberbullying and promoting peace.
Gold to Bullion
Hoodie Chicken is also introducing a new feature that will emerge as a prominent booster for their sustainability. If users own the USDC tokens, they can invest them and buy gold or bullion. They can also convert their other crypto coins to USDC then buy gold as well.
In this way, the platform offers a unique approach to converting crypto to gold. It will not only incentivize people to invest more in the HCT but also benefit early bidders to gain profit due to such a rising market cap. Fortunately, the Gold Shop is available on the platform as a separate section where users can easily buy or convert their crypto tokens into gold.
The Staking Potential
As the token is built on the Ethereum Virtual Machines, i.e., Ethereum Smartchain Networks, the Hoodie Chicken holders have the leverage of staking the token for passive rewards. It means users can earn rewards in the form of additional tokens by depositing their HCT tokens into a designated staking pool.
The staking system offers an annual percentage rate (APR) from 2% to even 10%. This is quite a surplus amount as APR figures are considered, making Hoodie Chicken a vibrant option for the users.
The BASE System
Hoodie Chicken operates on the new blockchain technology for its crypto token, BASE. It offers multiple scalability, interoperability, security, and low transactional fee advantages, perfectly aligning with their project goals. Hence, it encourages people to easily invest in the token and get the sustainable value.
- Scalability: The blockchain is designed to handle a high volume of transactions efficiently, making it suitable for projects like Hoodie Chicken that anticipate significant growth and engagement.
- Low Transaction Fees: It boasts minimal transaction fees, which its users will have a smooth user experience. They can easily perform transactions without fearing high fee deduction.
- Security: BASE employs a robust Proof of Stake (PoS) consensus mechanism, which allows people to earn an income by locking their tokens.
- Interoperability: It is also compatible with the Ethereum Virtual Machine (EVM). It brings the flexibility of seamless integration with existing Ethereum-based tools.
The Promising Future
Hoodie Chicken has entered the crypto market just recently. However, the motto is quite attention-grabbing, while the features are also fascinating enough. Considering the approaching surge of a bullish market, HCT will soon see a promising boost in the next few months, with long-term positive trends ahead. Hence, this time marks an excellent moment to invest in Hoodie Chicken to gain greater yield in the upcoming months.
Media Details:
Person Name: Jag Gill
Webmail: info@hoodiechicken.com
Website: https://hoodiechicken.com/
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Funds Spectrum journalist was involved in the writing and production of this article.