As memecoins take centre stage in influencing the crypto industry, they have increased in number in number. Many have failed, however – the current bear market has made it increasingly difficult to invest in meme tokens without a high risk of loss.
Puli (PULI) is a memecoin that has gained some popularity but failed to gain traction after one pump in the PULI price in early 2022. Can the meme effect raise its chances of growing fundamentally strong and rising in price? In this guide, we speculate on a possible Puli price prediction in the upcoming years.
Puli Price Prediction Overview
Below is an optimistic Puli price forecast, keeping in mind the recent developments, growth, and situations surrounding the major cryptocurrencies we’re reviewed such as Bitcoin and Ethereum.
- End of 2024 – PULI has started working on some of the developments in the roadmap and could gain popularity again if the market conditions favour it. In that case, the PULI crypto price could reach around $0.014 by the end of 2024.
- End of 2025 – As the bearish sentiment in the market reverses and prices start soaring once again after the Ethereum merge and the next Bitcoin halving, we could expect major momentum from the project if it delivers on its use case. The Puli price could pump to around $0.03 by the end of 2025.
- End of 2030 – By the end of the decade, the token could increase in price with upcoming project developments such as unique NFT collections and experiences. The token can reach a high of $0.8 by 2030.
Puli Coin Price History
In order to analyze if Puli is really a crypto with potential, it is important to understand the details of the project at hand. Puli was launched in early 2022 while the market was already in a state of panic and fear. However, it saw a massive gain in price before the token started correcting.
Put simply, the project is a P2E games platform that intends to host several NFT-based blockchain games for its users. Puli was initially introduced as Puli Inu, a rather common take at becoming a part of the Doge ecosystem, but was later rebranded with the Inu part being taken off.
Built on the Binance Smart Chain, the project managed to gain a large community in a short span of time, which pumped the prices post-launch. Developed by a group of professionals who have past experience in tech and blockchain, the Puli team had high expectations from the ecosystem from the very start.
According to data on crypto price trackers like CoinMarketCap and CoinGecko, PULI token was launched at $0.0043, which showed much volatility right after it became available for open trading. The price shot up to $0.037 in a matter of just 3 days, before it came down in price again, to the $0.005 level again.
This area of consolidation was maintained for a couple of weeks, post which the token started taking off in price. PULI, which was trading at around $0.01 in February, recorded steady growth before the exponential spike in price, where the token went on to touch its all-time high of around $0.14. From its launch price, PULI had surged massively to more than 3500%.
This, however, like any other memecoin, was followed by a huge crash in price, which bought the token right back to its previous trading levels of $0.01. The token has since seen a gradual decline in prices without bouncing – unlike the best coins to buy in the dip.
Current trends show that PULI has been trading sideways, around the $0.001 range.
Below is a quick summary of the PULI price history:
- Puli was launched as Puli Inu but was later rebranded to Puli.
- The project was launched in early 2022 (January) and was quick to create a community.
- The all-time high of PULI was around $0.14, which was around 3500% more than its fair launch price.
- The recorded all-time high of PULI was followed by a massive crash of more than 95%.
Puli Price Prediction 2024
2024 may be a determining year for Puli. The project is expected to have several developments and announcements regarding the same in its roadmap. As various other offerings and features are introduced to the ecosystem, the project will likely gain more followers than it has currently.
The effect of current bearish sentiments is also expected to wane off as investors and major institutions start investing more in blockchain tech. Such a scenario would give the best altcoins a boost, which is usually followed by a major uptrend from memecoins or tokens with a decent community and small market cap.
The current market cap of Puli is merely about $350k, which is not a huge amount when compared to its memecoin counterparts. Thus, even a good day of popularity can help Puli make major moves. As time passes and the community grows, a decent growth in price can be expected. One potential estimate for the PULI token in 2024 is $0.014.
However, this price is only achievable under the condition that PULI keeps building its infrastructure. If not, there is a possibility for the project to die out eventually.
Puli Price Prediction 2025
If Puli manages to grow fundamentally and community-wise at the same time, it may see a good uptrend. While the current offering from the project may not be up to the mark as compared to several other P2E game platforms in the space, Puli can definitely build within these next few years to position itself as a reputable and exciting platform for anyone interested in blockchain gaming.
If such advancements are made in the future, then there is much potential for growth in the token. While there may be major pumps that could explore all-time highs, our prediction for the average price of Puli towards the end of 2025 is $0.03.
Puli Price Prediction 2030
Puli Inu was introduced as an attempt to link it with the popular cryptocurrency Shiba Inu. It was natural that the token was to grab the attention of memecoin enthusiasts. The same reason contributed to the exponential spike in prices too.
However, most of the time, it becomes extremely difficult for a meme token to regain its all-time high that was the result of hype or popularity due to any certain catalyst. In the case of Puli, it may be difficult for the token to maintain momentum, unless some significant developments are made in the coming months and years.
Puli is also backed by some great financial and gaming companies that we shall talk about further along in the article. With backing from major organizations and a variety of games and NFT collections, it will be possible for Puli to enter the metaverse successfully and provide a smoothly integrated experience for the users.
The token could reach a potential high of $0.08 by 2030.
Potential Highs and Lows of PULI token
The table mentioned below represents our estimates for PULI in case of a good scenario in the future as well as an adverse one.
Year | Potential High | Potential Low |
2024 | $0.014 | $0.0093 |
2025 | $0.03 | $0.019 |
2030 | $0.08 | $0.006 |
What is the PULI token used for?
The utility is one of the most important drivers of growth in a cryptocurrency token. Even more so when it is a memecoin since the ecosystem is generally judged on the basis of its being a success due to hype. Thus, the token needs to have value within the platform for the price to increase. The best meme coins of today have the right utility to back them up – because the devs know that utility will ensure longevity.
PULI is the native token for the Puli project and has a high requirement within the platform. It allows the users to stake tokens for profits and NFTs, as well as use them for P2E gaming and other metaverse activities. The project currently features three games as its chief offerings. All three are based around the consumption and winning of the PULI token which will increase in value as the games grow in popularity.
They have an NFT collection which is also a direct influence on the price of PULI. While the collection has to be bought using Ethereum, the NFTs’ popularity brings in more investors to the Puli ecosystem, thereby increasing the price of the PULI token. The token is expected to have more utility as the project advances, according to the developers.
What Drives the Price of PULI?
The price of PULI is directly proportional to the number of people who are interested in participating in the Puli ecosystem. The three games by Puli have gained a lot of fans and as this number grows, so will the demand for PULI tokens and, therefore, the price.
Puli Project Background & Tokenomics
Puli is developed by professionals in the management and blockchain space like the founder Christopher Johnson, who holds a PhD in management and has previously led several major organizations. In fact, the project built on Binance Smart Chain is supported by the CEO and the founder’s very own organization – Lightspeed Crypto Services LLP.
Furthermore, it has affiliations with major game brands in the space and expects to grow its network very soon. The PULI token contract applies a 10% tax on every buy and sell transaction on decentralized exchanges and has 0% charges for transactions. Of the levied tax, 9% directly goes towards the development and growth of the project.
In terms of liquidity, the developers have themselves mentioned on the website to provide liquidity manually if required. As per the official website, the project has a total supply of 100 million tokens, of which 89 million are currently in circulation.
Availability of PULI Token
Buying the token can be a bit of a challenge for new investors who aren’t familiar with using decentralized exchanges. The best option for them may be to buy the tokens directly off the website and stake them or store them in their wallets.
Alternatively, interested users can buy the PULI token on Pancakeswap, the DAR exchange, XT.com, RadioShack, etc. Developers aim to bring the token to several other exchanges in the future for the users to access and buy into their projects easily. Being listed on Pancakeswap is one good sign, as some of the best upcoming cryptos have been listed on that DEX.
Puli Price Prediction – Conclusion
The Puli project has been stagnant for the last couple of weeks in terms of price strength. This may be overturned depending on the actions taken by the team. A strong rebound which consists of several major announcements and developments in the ecosystem, may see the price of the PULI token going up.
If quick action is not taken, then it is likely that the token may slowly die out like several others in the upcoming months.
The best alternative to Puli Inu, with a much more promising concept and team at the moment, is Wall Street Memes, which is still in its presale phase. This means that investors can get their hands on the token for a discounted price right now, making it the perfect time to start stocking up on some WSM tokens.