2 hours old SCOTTY AI crypto can reach $1 within days like WIF!

KatochXcrypto
21 Mar 202405:50

TLDRScotty the AI is a newly launched token that combines the elements of meme coins and AI, offering early investors a potential opportunity for quick profits. With a total supply of 1.7 billion tokens and a growing number of holders, the token has gained traction within hours of its launch. It is currently only available on Uniswap and has a staking feature, with plans to list on centralized exchanges. The project's active social media presence and the team's commitment to transparency, as evidenced by burning liquidity keys, suggest a promising start for this ERC20 token on the Ethereum blockchain.

Takeaways

  • 🚀 Scotty the AI token is a newly launched meme coin with an AI twist.
  • 📈 The token is less than a day old and has already attracted a significant number of holders, indicating potential early interest.
  • 🔄 The total supply of Scotty tokens is 1.7 billion, with 50% allocated to public sale and the other 50% for dev, exchange, and marketing purposes.
  • 📊 The token is currently only available on decentralized exchanges, specifically Uniswap, and can be bought using the provided smart contract address.
  • 📈 The number of holders and transaction volume are increasing, suggesting active trading and community engagement.
  • 💡 Scotty the AI token offers staking features, allowing investors to earn rewards by staking their tokens.
  • 🔒 The project has burned all liquidity keys, ensuring a fair and transparent distribution of tokens and aligning the project's interest with the community.
  • 🌐 The token has received media coverage, being featured in news outlets like BTC and Bitcoin List.
  • 📱 The Scotty the AI Twitter account is active with 11.8k followers, indicating a healthy social media presence and community engagement.
  • 📈 The token's price has experienced an initial pump, but as with all new tokens and meme coins, it's subject to high volatility and potential price fluctuations.
  • 💰 Investors interested in early investment opportunities should consider the risk-reward balance and decide on their entry and exit points strategically.

Q & A

  • What type of token is Scotty the AI?

    -Scotty the AI is a meme token with a mix of AI, built on the Ethereum blockchain as an ERC20 compatible token.

  • When was Scotty the AI token launched?

    -Scotty the AI token was launched on the same day as the video, with the exact date not specified in the transcript.

  • How many holders did Scotty the AI have at the time of the video?

    -At the time of the video, Scotty the AI had 2,975 holders.

  • What is the total supply of Scotty the AI tokens?

    -The total supply of Scotty the AI tokens is 1.7 billion.

  • What is the ticker symbol for Scotty the AI token?

    -The ticker symbol for Scotty the AI token is SCY.

  • How can one acquire Scotty the AI tokens?

    -At the time of the video, one could acquire Scotty the AI tokens through the Uniswap app by using the token's smart contract address.

  • What is the staking feature of Scotty the AI token?

    -Scotty the AI token holders can stake their tokens to earn rewards, aligning the project's interest with the community.

  • How can one stay updated with the latest news and developments about Scotty the AI token?

    -One can follow Scotty the AI's Twitter handle for frequent updates and join the creator's Telegram group for more information shared on that platform.

  • What is the significance of the token's listing on centralized exchanges?

    -The token's listing on centralized exchanges is planned but not yet implemented. Such a listing could potentially increase the token's visibility and accessibility to a broader audience.

  • What is the risk associated with investing in Scotty the AI token?

    -Investing in Scotty the AI token, like other meme coins, carries the risk of price volatility, including the potential for pumps and dumps. Investors should be prepared to take calculated risks and decide when to invest and take profits.

  • How does the token's burning of liquidity keys affect its distribution?

    -By burning all liquidity keys permanently, the project ensures a fair and transparent distribution of SCY tokens, preventing the team from manipulating the market and aligning the project's interest with the community.

Outlines

00:00

🚀 Introducing Scotty the AI Token: A New Investment Opportunity

This paragraph introduces Scotty the AI, a newly launched token that combines the concepts of meme coins and AI. It highlights the token's recent launch, its rapid increase in holders, and its trading volume. The speaker, Scotty, emphasizes the potential for quick profits and provides an overview of the token's features, such as staking and rewards. The token's smart contract is mentioned, along with its listing on decentralized exchanges and its media coverage. The tokenomics, including the total supply of 1.7 billion tokens and the public sale and development allocation, are also discussed. The paragraph concludes with a call to action for investors who are interested in early investment opportunities.

05:00

📈 Scotty the AI's Market Performance and Community Engagement

The second paragraph delves into the market performance of Scotty the AI token, noting the increasing number of holders and transactions. It discusses the token's current trading activity and its potential for growth, especially for those who are willing to take calculated risks. The paragraph also touches on the project's social media presence, particularly on Twitter, where it has a healthy following and active engagement. The speaker shares insights on the token's potential as an investment, comparing it to other popular meme coins like FY or Corgi AI. The paragraph ends with a reminder to check the provided links in the description for more information, including the white paper and token specifications, and encourages viewers to join the speaker's Telegram for updates.

Mindmap

Keywords

💡Scotty the AI token

Scotty the AI token is a newly launched cryptocurrency that combines the concepts of meme coins and artificial intelligence. It is the primary focus of the video, with the presenter discussing its recent launch and potential for early investors. The token is ERC20 compatible and built on the Ethereum blockchain, designed to facilitate transactions within the Guardian of the Crypto University ecosystem.

💡Investing

Investing in the context of the video refers to the act of putting money into a financial scheme, shares, property, or a commodity with the expectation of achieving a profit. The video targets viewers interested in investing in newly launched tokens, like Scotty the AI, in the hope of making quick profits.

💡Meme coin

A meme coin is a type of cryptocurrency that starts as a joke or meme but becomes popular enough to be traded on the market. These coins often have a strong community and social media presence, and their value can be highly volatile. In the video, Scotty the AI is described as a meme coin with a mix of AI features.

💡Staking

Staking in the context of cryptocurrencies refers to the process of participating in the proof-of-stake (PoS) consensus mechanism of a blockchain network by holding coins in a wallet to support the network's operations and earn rewards. The video mentions that Scotty the AI tokens can be staked to earn rewards, indicating an additional incentive for investors.

💡Smart contract

A smart contract is a self-executing contract with the terms of the agreement directly written into code. It automatically enforces and executes the terms of the contract when certain conditions are met. In the video, the smart contract of Scotty the AI token is mentioned as a feature that allows for transparent and secure transactions within its ecosystem.

💡Tokenomics

Tokenomics refers to the economic structure of a cryptocurrency, including its supply, distribution, and the incentives that encourage certain behaviors within its network. The video discusses the tokenomics of Scotty the AI, highlighting its total supply of 1.7 billion tokens and the distribution plan between public sale, development, exchange, and marketing.

💡Uniswap

Uniswap is a decentralized exchange (DEX) platform where users can trade cryptocurrencies without the need for a centralized authority. In the video, Uniswap is mentioned as the platform where Scotty the AI tokens are currently available for trading, indicating its use for early investors to access the token before it gets listed on centralized exchanges.

💡Twitter

Twitter is a social media platform that allows users to post and interact with messages, known as 'tweets'. In the context of the video, Twitter is used as a metric to gauge the popularity and activity of the Scotty the AI project, with the presenter noting the number of followers and frequency of tweets as indicators of the project's market presence.

💡White paper

A white paper is a document that provides in-depth information and analysis about a project, product, or technology. In the context of the video, the white paper for Scotty the AI token is mentioned as a resource for potential investors to learn more about the token's details and the project's plans.

💡Risk

Risk in investing refers to the potential for loss or variability of returns. The video emphasizes the importance of understanding and taking calculated risks when investing in volatile assets like meme coins, such as Scotty the AI.

💡Pump and dump

Pump and dump is a fraudulent practice in the stock or cryptocurrency market where the price of an asset is artificially inflated (pumped) to attract investors, only to be sold off (dumped) by the perpetrators at a higher price, causing the price to plummet and leaving unsuspecting investors with losses. The video cautions viewers about this practice, indicating that meme coins are often subject to such schemes.

Highlights

Scotty the AI token is a newly launched meme coin with an AI twist.

The token is less than a day old at the time of the video.

Initial holders increased rapidly from 4 to over 2,700 within hours of the launch.

The total supply of Scotty tokens is 1.7 billion.

The ticker symbol for Scotty the AI token is SCY.

Transactions are occurring frequently, with trades happening every 20-60 seconds.

Scotty the AI token can be staked to earn rewards.

The token is not yet listed on centralized exchanges but is available on Uniswap.

The project has a plan to list on centralized exchanges.

50% of the tokens are allocated for public sale, while the other 50% is for dev, exchange, and marketing.

Scotty the AI has a strong social media presence with 11.8k followers on Twitter.

The project team holds no tokens, aligning interests with the community.

All liquidity keys have been burned, ensuring a fair and transparent distribution of tokens.

The token is ERC20 compatible and built on the Ethereum blockchain.

Scotty the AI token serves as the primary currency within the Guardian of the Crypto University ecosystem.

The project has a white paper detailing its tokenomics and specifications.

The token's potential for growth is indicated by its rapid increase in holders and trading volume.

Investors should do their own research and consider the risk of investing in new tokens like Scotty the AI.

The video encourages viewers to follow the creator's Telegram for the latest updates on such opportunities.

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