What is Lovely Inu (LOVELY)

Lovely Inu Asset (LOVELY/USDT – Trade it Here) is an economic structure which constitutes a decentralized meme project based on the BEP-20 technology that aims to ensure distributed fairness through a Proof of Stake (PoS) consensus while simultaenously eliminating energy and computational waste. This article explores the core features and overall tokenomics of Lovely Inu Asset (plus ways of how to buy and earn LOVELY on MEXC).

What is Lovely Inu (LOVELY)
What is Lovely Inu (LOVELY)

Core Features of LOVELY

$LOVELY’s Decentralized Exchange model generates revenue through trading, direct token to token swaps, the tier programs for $LOVELY tools and launchpad offerings

  • $LOVELY SWAP. Decentralized exchange that features custom functionality and allows holders to trade among themselves, and without any centralized point of failure, any BEP20 token for another. It is powered by Pancakeswap and acts as the foundation on which Lovely Inu will develop further functionalities and use-cases for $LOVELY holders.
  • $LOVELY LAUNCHPAD. Initial Liquidity Offering that feature $LOVELY pair only and without any centralized point of failure. It is based on the Binance Smart Chain solidity smart contract,
  • Lovely-Wallet. Cross-chain trading will be enabled through the development and implementation of Lovely Inu protocol which will work towards bridging the different infrastructures.

Development Team of LOVELY

Lovely Inu Finance was founded by a two-person team, who then handed ownership over to a 15-strong community based team.

LOVELY Tokenomics

There is a total supply of 75 trillion LOVELY tokens. At the time of writing, LOVELY has an estimated fully diluted market cap of $60,528,247.

Lovely Inu plans to perform quarterly coin burns through a smart contract to increase the token price. The management has modeled its burn on Binance’s burn function. The Company plans to use 15% of the profits made from the trading fees every quarter to buy-back tokens and burn them until 55% of the tokens of the total token supply are burnt.

How to buy LOVELY?

Looking for a way to buy LOVELY? You can purchase LOVELY on MEXC following the steps:

  1. Log in to your MEXC aчccount and click [Trade]. Click on [Spot].
  2. Search “LOVELY ” using the search bar to see the available trading pairs. Take LOVELY/USDT as an example.
  3. Scroll down and go to the [Spot] box. Enter the amount of LOVELY you want to buy. You can choose from opening a Limit order, a Market order or a Stop-limit order. Take Market oчrder as an example. Click [Buy LOVELY] to confirm your order. You will find the purchased LOVELY in your Spot Wallet.ю

Recent LOVELY Price & Performance

LOVELY reached the highest price (ATH) of 0.0000009562 USD on July 31st, 2022. The lowest price of LOVELY since the ATH date was 0.0000006942 USD on August 2nd, 2022.

Interested in crypto like LOVELY?

MEXC lists moonshot and provides access to trading of major crypto coins like LOVELY, keep an eye on our listings in Innovation and Assessment zones, as well as major tokens in the Main Zone – we have more great projects to come! Also, visit the hot projects section to find more hot tokes that were listed already. If you would like to know more about crypto trading itself visit MEXC Academy.

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