General Characteristics Fud the Pug ($FUD) is a meme coin project built on the layer-1 Sui blockchain with a total supply of 100,000,000,000,000 tokens. The project’s brand is themed around Pug, a small and affectionate dog breed. Like the Pug breed, Fud spreads fun, happiness, and a cheerful spirit to its community of dog lovers. This jolly serenity is fueled by the dog-themed meme culture that permeates the meme coin ecosystem. This meme coin was designed as a reward token for the Sui community members and builders. It also creates awareness of the tech opportunities that the Sui network provides. $FUD crafts its ticker from a wordplay with the crypto term 'FUD,' meaning fear, uncertainty, and doubt. This term is often used to describe the spread of negative emotions around a cryptocurrency, which can trigger downtrends. Fud the Pug represents the complete opposite of the term, being a positive figure in the space geared towards growth. It is serious in his intentions to sustain the bullish trend and keep the bears away. Hence, he offers reassurance that it would not rug/scam its beloved dog-loving community. Roadmap Although $FUD has no official roadmap, the meme-loving audience has appreciated a playful roadmap shared by a community member. The roadmap outlined four phases:
Community members laughed over the hilarious roadmap meme. On the other hand, $FUD has shown through several integrations at the time of writing that it is committed to developing the Sui ecosystem. Functionality and Utility $FUD has transcended its narrative as a meme coin to become a utility token within several platforms building different projects. These include over eight games and decentralized finance platforms such as Turbos, WinX, and Moonshot, just to name a few. Proving true to its position as a community coin, Fud the Pug offers grants in $FUD to existing projects seeking to onboard new users. To qualify, these projects must integrate $FUD into their platforms. Market Performance and Dynamics Following the $FUD airdrop on December 18, 2023, the dog-themed meme coin has featured on prominent price tracking platforms like CoinMarketCap and CoinGecko. As of April 25, only 38.53% of $FUD’s supply is in circulation with 0.73% of the supply burned. The meme coin has a market capitalization of $13.06 million at the time of writing. Regarding $FUD’s tokenomics, 50% of its supply is dedicated to the community. 20% is allocated for ecosystem growth while 10% is for liquidity. The final 20% of the supply is allocated to core contributors. These contributors have undergone the Know Your Customer (KYC) procedure to bolster trust and transparency. They have a three-year vesting schedule starting from January 13, 2024. Community Fud the Pug has a community of over 15.4K followers on X and over 2.3K on its Telegram channel. Pros
Official links CA: 0x76cb819b01abed502bee8a702b4c2d547532c12f25001c9dea795a5e631c26f1::fud::FUD Website Twitter Telegram Discord Where to buy MEXC Turbo Finance This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space. At first we share this report within our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then the next day it gets published for the general public. While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.