Crypto investors, take note: eTukTuk’s (TUK) developers recently burned 600 million TUK tokens.
This strategic burn, representing 30% of the total supply, has led to enormous buzz as the project’s presale enters its final stretch.
With only three days left, investors are racing to secure TUK tokens at the cuurent price.
eTukTuk’s Huge Token Burn Boosts Interest in Limited-Time TUK Presale
eTukTuk’s (TUK) latest move has made headlines.
On July 4th and 5th, the team burned a total of 600 million TUK – 400 million and 200 million, respectively.
This move was designed to boost the token’s value and generate excitement as the presale nears its conclusion.
By reducing the supply, eTukTuk’s team aims to create scarcity – which could drive up demand (and price) for the remaining tokens.
It’s a common strategy for new crypto launches.
And now, as the countdown ticks on, investors are scrambling to get TUK before the presale ends on Monday, July 15th at 11am GMT.
It’s the last chance to buy TUK at the low price of $0.0345 each.
Unsurprisingly, the discounted price has been a massive hit with investors, as over $3.5 million in funding has been raised so far.
eTukTuk’s flexible payment options, including BNB, USDT, ETH, and card, have added to its appeal.
So, with the supply massively reduced and the presale deadline looming, investors are rushing to act.
TUK Token Launch Looms as Investors Praise High-Yield Staking Opportunities
Anticipation is also building for eTukTuk’s post-presale period.
TUK will be launched on Uniswap, Ethereum’s largest decentralized exchange (DEX), on July 16th at 11am.
This is a crucial milestone in eTukTuk’s roadmap.
It will mark the first time that TUK’s price is dictated by supply and demand forces.
Moreover, it’ll give those who missed out on the presale an opportunity to buy TUK tokens on the open market.
As such, many in eTukTuk’s Telegram community believe the Uniswap listing will lead to an explosion in trading activity.
And the project’s tokenomics are designed to back this up.
With the total supply now at 1.4 billion, eTukTuk’s team has set out allocations for various areas.
There will be tokens for staking rewards, community funds, marketing efforts, and more.
The staking rewards are particularly appealing since TUK holders can obtain estimated annual yields of 80%.
Looking ahead, eTukTuk’s roadmap is also ambitious.
Following TUK’s launch, the team plans to create partnerships in the blockchain and gaming sectors.
Then they’ll accelerate game development – with a closed beta in the works for later this year.
Crazy TukTuk Taxi Game Combines P2E Gaming with Eco-Friendly Vision
At the heart of this entire ecosystem is eTukTuk’s P2E game, Crazy TukTuk Taxi.
Players navigate Sri Lanka’s streets, picking up passengers and dropping them off to earn TUK tokens.
The game is mobile-friendly, ensuring it’s accessible to casual gamers.
And this accessible (and engaging) setup has caught the attention of some top YouTubers.
Franklin Emmanuel and Jacob Bury have both praised eTukTuk, noting its enormous growth potential.
Their endorsements have led to even more interest in the project
Underpinning everything eTukTuk does is its commitment to eco-friendly transportation.
The developers aim to transform urban mobility in developing countries by bringing in electric tuk-tuks.
This will cut down on pollution and create more job opportunities for people.
So, as eTukTuk heads towards its official launch, it’s shaping up to be more than just another crypto project.
With its combo of addictive gameplay, eco-friendly vision, and solid community backing, eTukTuk is definitely one to watch.
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