Can Santa Inu token rise to the top by the end of the year?

The Christmas season is here with us, and now more than ever there is an extra reason to celebrate, especially if you’re a crypto enthusiast. First, the better part of the year the market has been bullish, and second, meme coins have taken the market by storm. In the sea of meme coins, one stands out especially during this festive season, and that is Sant Inu. In this article, we’ll analyze the coin, and in the end, you’ll get an expert opinion of how the coins will perform by the end of the year.

Santa Inu Analysis

Santa Inu has every reason to go parabolic by the end of the year. Launched on November 6^th, 2021, Santa Inu has grown to achieve a market cap of over $1.4M as of 4^th Dec – a day in which it had lost over 33%.

Santa Inu tokenomics is creatively designed; every buy and sell transaction attracts a 4% fee is credited automatically to every $SANINU holder. This keeps intact the wealth of every $SANINU holder intact despite price fluctuations.

Apart from the 4% fee, there is an additional 5% fee for every buy and sell. So in total, every transaction attracts a 9% fee. But this shouldn’t raise any alarm as 2.5% goes to liquidity pool, 2% goes to marketing wallet and 0.5% goes to burn wallet.

The marketing effort is already felt as the coin has garnered over 11K holders, done TikTok video with the famous Island Boys, and has active promotions and donations to dog and cat shelters, now this is a Meme coin that actually needs monitoring!

Staking is a brilliant idea that has pushed Santa Inu towards mass adoption. In partnership with Harmonized App, Santa Inu has offered its holders staking pools. This will lock the holders’ coins in pools, thereby reducing the circulating supply and the possibility of dumping.

And while NFT is a hot topic now, Santa Inu has found a way into this market. The project enables kids to create art pieces and sell them on the NFT marketplace or auction.

Doxing — crypto founders disclosing their identities — is a big thing in the crypto world. It proves transparency and instills investors’ confidence. The Santa Inu team is doxed, with all team members’ identities on their website, and whitepaper. The founders have kept their word regarding the project’s mission — to help charities and orphanages. On their Twitter page, they posted a video showing their visit to an orphanage.

Verdict

With all the above fundamentals, there isn’t a doubt why Santa Inu will be a top gainer in 12 months time, or who know maybe by the end of the year. Better yet, according to phase three of the whitepaper, there will be an airdrop in December which is likely to even attract more buyers. It won’t be a surprise if this coin pulls off a 10X before New Year.