New meme coin Scotty the AI has landed on cryptocurrency exchange MEXC’s pre-launch crowdsale program today, and early investors in the project have posted impressive returns. According to the announcement, users can pledge their MEXC tokens before Scotty The AI ($SCOTTY) goes public tomorrow to participate in a USDT airdrop worth up to $50,000 in total. On its first day of listing last week, Scotty the AI’s $SCOTTY token surged 150% in an hour, reaching a high of $0.02597. The price later stabilized slightly, trading around $0.01335, a satisfying return for early investors as it is about 33% higher than its initial listing price of $0.01, of which 10.5% came from price fluctuations following the MEXC announcement, according to Coingecko data.
MEXC’s crowdfunding campaign lists a number of emerging projects. According to the exchange, the campaign aims to “find high-quality projects and bring airdrop benefits to MEXC users at the same time”. Voting starts today and lasts until 04:50 UTC tomorrow. To be eligible to participate in the voting, users must pledge at least 1,000 MX. The number of rewards users receive is proportional to the number of MX tokens pledged.
$SCOTTY is not another DOGE-related meme coin. $SCOTTY is a token that supports an AI-based blockchain security protocol with two different and exciting features. The first is Scotty Swap, an AI-based token swap protocol that analyzes blockchain data to identify threats before executing a seamless and secure token swap. The second is Chat With Scotty. Similar to ChatGPT, Scotty is an advanced chatbot, but he focuses on the blockchain space and acts as a security oracle, able to recall every transaction, block, and hash recorded on the chain.
Scotty’s listing on the MEXC exchange comes shortly after it was listed by data aggregator Coingecko on March 21.
The final phase of Scotty the AI will culminate with two larger launch events, showcasing not just a crypto token project, but also an AI-based blockchain security suite, a brand new video game, and a proprietary blockchain. In short, the cartoon-like Scottish terrier wants to become a real person.
The game’s release date has not yet been confirmed. The team will reveal gameplay and more details later, but hinted that the game is aimed at a wide target audience. The launch of a proprietary blockchain will be the final stage in Scotty the AI’s release plan.
$SCOTTY is an ERC-20 standard token based on Ethereum, ensuring wide accessibility and interoperability. It is a deflationary meme coin with a supply that decreases over time, powering a protocol that merges two of the most important emerging technologies: artificial intelligence and blockchain analytics.
The total supply of $SCOTTY is capped at 1,734,567,890 tokens, of which 50% is used for ongoing pre-sale and another 20% is used for 3-year staking.
Due to its fixed supply, $SCOTTY is similar to Bitcoin, a kind of digital gold, but with added utility. The team does not allocate any tokens, and all liquidity keys are permanently destroyed to better align the interests of the project with the community.
It will be listed on MEXC tomorrow. More centralized exchanges will also appear soon.
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