Tanuki (TANUPAD) is an upcoming Initial Coin Offering (ICO) attracting attention in the crypto community, ranking #91 in Launchpad and #3 in the Memecoin categories, which indicates strong market presence and community interest. The presale phase began on April 1, 2024, with a token price of $0.007, distributing 634 million TANUPAD tokens, or 31.70% of the total supply, with a pre-valuation of $14 million, signaling strong investor interest.
The ICO on KingdomStarter is set for July 22-23, 2024, aiming to raise $150,000 by selling 21.43 million tokens, 1% of the total supply. Maintaining the token price at $0.007 across different phases shows a strategic approach to ensure investor confidence and market stability.
Token distribution is carefully planned, with 60% of the presale tokens distributed initially to ensure liquidity and user engagement, followed by subsequent phases to avoid market flooding. The token generation event (TGE) expected in Q3 2024 marks the official launch of TANUPAD tokens, a crucial milestone for the project, ensuring a balanced and controlled market entry.
Tanuki’s blockchain platform is Solana, chosen for its high throughput and low transaction costs, strategically leveraging Solana’s ecosystem and infrastructure for operations and growth. The fundraising success is evident with $504,180 raised across two rounds, highlighting strong investor confidence and the project's ability to attract significant funding essential for its development and market positioning.
Tanuki's roadmap indicates a well-planned future with clear milestones and structured token distribution, aiming to build a sustainable ecosystem. The phased token release and strategic fundraising underscore a robust approach to market entry and growth. Community and market reception are pivotal, with high rankings in Launchpad and Memecoin categories reflecting substantial community support and market interest, crucial for the project's success and long-term viability.
In summary, Tanuki (TANUPAD) presents a promising ICO with structured presale, strategic token distribution, and significant community backing. Using the Solana blockchain enhances its operational efficiency, and the planned TGE in Q3 2024 marks a critical launch phase. With substantial funds raised and strong market positioning, Tanuki is poised for successful market entry and growth in the crypto space.
