Green investment fever takes hold as IMPT smashes $2.5 million milestone in pre-sale
The 1st presale phase of this buzzing new green crypto - IMPT, has generated over $2.5 million in just 7 days! Continue reading to learn more about this remarkable token in the crypto industry.
Cryptocurrency is largely regarded as the financial technology of the future, and the decentralized nature of cryptocurrencies like Bitcoin and Ethereum offers important security advantages. However, practically everyone knows how much energy cryptocurrency mining requires. This presents a severe issue because cryptocurrency is currently unsustainable for the environment because crypto farms use tens of thousands of energy-guzzling computer rigs, if not a million.
The crypto sector is being forced to adjust by rising energy awareness, criticism from powerful figures like Elon Musk (who stopped accepting bitcoin payments at Tesla owing to the cryptocurrency's environmental impact), and crackdowns in important nations like China.
In reaction to these occurrences, both new and ongoing blockchain projects are investigating various options, such as switching to less power-intensive validation systems or investigating mining using renewable energy sources. To reduce its overall energy consumption by 99.95%, Ethereum is one of the most notable examples of a top cryptocurrency project that is switching from a proof-of-work (PoW) system to a proof-of-stake (PoS) system.
New initiatives are continually being launched to enhance the sector's environmental credentials as worries about the energy required in cryptocurrency mining grow. The most recent of these green initiatives is Impt.io (IMPT), the cryptocurrency causing a stir in the cryptocurrency space as it just surpassed the 2 million dollar mark after just one week of launching its presale. Another recent green coin is Tamadoge (TAMA), a coin that had a record-breaking presale event.
In contrast to Proof-of-Work (PoS), Proof-of-Stake (PoS) chooses validators based on how many native project tokens they store in a staking smart contract. The more tokens someone keeps away, the more likely the protocol will choose to add new information to the blockchain.
Similar to mining, selected validators are compensated for their participation with a certain number of freshly created tokens. The fact that this system's hardware requirements are substantially lower than crypto mining makes it possible for more people to become validators, which is one of its main advantages. As a result, a project becomes more decentralized, and the network's security is enhanced. It also offers the additional benefit of lowering the energy consumption needed to run the network.
As environmental policies become more important in investors' decision-making and authorities focus more on the energy use of cryptos, there are also significant financial incentives to reduce the carbon footprint of cryptocurrencies.
Impt.io is the most recent Web3 initiative to spearhead the battle against climate change and global warming. The platform's sophisticated carbon market, driven by NFTs, makes it simple and secure for people and companies to offset their carbon impact. The audience has responded positively to the vision, as evidenced by the wildly successful IMPT token presale.
The IMPT presale, which began on Monday, October 3, has increased more than ever, from $250,000 in just 24 hours to $500,000 in only 48. With the sale of about half a million dollars worth of IMPT over the last 24 hours, it has recently celebrated raising $1 million. If the IMPT tokens continue to sell out at this rate, the presale could expire sooner than November 25.
After raising $1 million in three days, the cryptocurrency has hit the $2.5 million mark in just a week of its presale launch, i.e., making another million in the next three days after its first million.
IMPT.io links users with hundreds of noteworthy environmental projects taking place all over the world to lower assist missions and assisting the environment.
Additionally, IMPT.io collaborates with thousands of the biggest retail businesses that set aside a certain portion of their profit margin towards environmental initiatives. This token is based on blockchain technology, an immutable ledger that makes it easier to track assets and record transactions in a corporate network. It is a practical answer that can address the problems with carbon offsets at the moment.
The cryptocurrency builds up in the form of IMPT tokens in users' accounts. The users acquire these tokens until they have enough of the desired number of carbon credits. Users are able to carry on with their regular shopping while still benefiting the environment as a result.
The first phase of the presale is still ongoing. It is advisable to buy into the presale now and get incredible returns as the sales continue to rise. The first phase of the presale ends on November 25 or as soon as the coin sells out, which looks more likely to happen. The coin is presently selling for $0.018, and the second phase price will be $0.023.
Tamadoge is the first meme coin with features like the metaverse, NFT store, and a play-to-earn crypto game framework with complete functionality. It has caused a stir in the cryptocurrency community, as expected, given that many analysts predict it will replace Dogecoin. The Tamadoge ecosystem uses less energy to run, making it the most environmentally friendly cryptocurrency to purchase at a time of energy shortage.
TAMA is one of the newest crypto available for purchase right now. TAMA has accomplished one of the most lucrative presales, raising $19 million. TAMA has been listed on various exchanges following the conclusion of the presale, notably OKX, LBank, Coinsbit, BitMart, MEXC Global, and the Uniswap decentralized exchange (DEX).
TAMA's market cap is $71 million, and during the past 48 hours, it has reported trading volumes of $52.54 million. TAMA is currently the 318th-largest cryptocurrency by market capitalization, being a new coin in a market of thousands of cryptocurrencies.
As it stands, every crypto investor is in search of a way back to winning ways and massive profits from the crypto winter. With the great numbers Impt.io are racking up this presale period and the popularity that Tamadoge is getting from its listings, investors are starting to wonder about going into green investments as these coins seem like they will continue their upward trends for months to come.
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