PussFi is recently introduced crypto-token under the ticker symbol PUSS that has attracted much attention. This social media meme-driven memecoin has been a hit amongst investors and people interested in cryptocurrecncies due to features that incorporate various elements of the blockchain technology. PussFi is known to be the first memecoin for the Steemit, which is one of the biggest social media platforms built on the blockchain technologies, and it operates with the use of the Tron network.
However, unlike most other memecoins, PussFi has grand plans ahead of it and a focus on actual utility. Unlike so many other meme tokens, PussFi also has the potential to offer a lot of utility to users in addition to the investment boost. Some of the largest communities on Steemit support the project now, with thousands of active users increasing the site’s popularity.
In more detail, the PussFi is built as a utility token in the context of PussFi ecosystem. This approach guarantees the token utility, which is important since the permanent usage means a real-world value in addition to speculative one. Another interesting option of PussFi is the ability to earn supplementary money on Steemit as bloggers for investors. It is for this reason that integrating such content with one of the most used social media platform comprises an indirect loop between producing content and actual cryptocurrencies usage that can boot the adoption rate.
The technical platform of PussFi is based on the Tron blockchain, and there are some benefits of using it. Tron is one of the high throughput Blockchains with low transaction fees, and therefore the best type of token that aspires to function as an instrument that supports multiple daily operations. It also means that, unlike many other tokens, PussFi can take advantage of the blockchain infrastructure pioneered by the Tron blockchain and not have to reinvent the wheel to create the network.
PussFi token distribution layout is based on sustainability. PUSS tokens have a circulating supply not exceeding 1 billion, and there is no reservation for the team or the pre- ICO sale. This in turn enables fair distribution of tokens and discourages concentration of large number of tokens to a few hodlers. Thus, the deflationary coin model and LP buyback strategy play the necessity for the token’s sustainability by potentially eliminating the supply and maintaining the sustainable token price.
Perhaps, one of the greatest strengths of PussFi is its thoroughly elaborated plan for further development. The online project management is still in development, and the current local project team has designed plans to initiate a delegation service on Steemit, which would be useful in increasing the applications of the tokens. In addition, the creation of NFT Marketplace and games inside PussFi Ecosystem’s is also in the future plan. Pertaining to these efforts, the usability of the token might be extended and increase its popularity among those in the market.
The present market result of PussFi has been promising. At the time of writing this, the token has been valued at $0.00617 representing a 19.20% improvement over the last one day. This price change has made the market capitalization of PussFi to be around $617,174 making it rank as number #3141 in the whole market of crypto currencies. There has also been an increased trading value, up 201.47% from the past day trading value that was $363,704.95.
Still, it has to be said that the presented numbers are quite impressive, although the cryptocurrency market is characterized by high fluctuations. Indicated investors should always take their time and analyze on potential investments they are willing to fund, additional information should also be sought when it comes to cryptocurrency investments. The current market capitalization obtained from the token supply for PussFi is currently $6.17 million, this gives a perspective of what the token can be valued if all the tokens where to exist on the market.
PussFi has a strong combination with SunSwap, a DEX of the Tron network The combination of PussFi with SunSwap, a decentralized exchange on the Tron network, is one of its major advantages. This integration will enable users to trade PUSS tokens more conveniently thereby increasing product market and potential holding. Such a selection corresponds to the distribution strategy of a project, which focuses on decentralization and the development of communities.
Like any new cryptocurrency project, it will depend on its capacities to deliver the laid down promises as well as interest in its project. The emphasis of the project on functionality and compatibility with an existing social network may serve as a stable ground for development. However, the market for cryptocurrencies is saturated, and therefore, the PussFi will have to work hard to make changes to it and continuously adapt.
In conclusion, being an representative of memecoin trends, PussFi can also be considered as a useful addition to the cryptocurrency world. Compared with other tokens, its Steemit linkage, the complete future plan and the strong attempt to establish a perfect ecosystem separates it from other tokens. Nevertheless, the presented project holds a lot of potential to bring decent revenues and thus investors should take preliminary steps and make extensive analysis of the perspective investments. PussFi may already occupy a strategic niche in the future development of the cryptocurrency, because the unification of social networks and block chains is still unfolding.
