My #1 Meme Crypto For 2024 | Scotty The AI

Michael Wrubel
1 Feb 202407:29

TLDRThe video discusses the potential of meme coins in the crypto market, highlighting the recent investment in Scotty the AI, a project that combines the popularity of dog memes with artificial intelligence. Scotty the AI has raised around $150,000 in its pre-sale and is currently in the public round two, with a token price increase expected upon completion. The project offers two working features: Scotty Swap for token trading and Scotty Chat, an AI-powered crypto companion. The token has a detailed roadmap, a unique backstory, and offers immediate rewards through staking. The project has undergone a blockchain audit with no major issues reported, making it an attractive option for those interested in meme coins and AI integration in the crypto space.

Takeaways

  • 🚀 The speaker has been following the performance of various meme coins, including a 50x Pepe and others that have seen significant gains.
  • 📈 With increased volume in the crypto space and institutional interest, the speaker anticipates a further rally for meme coins into 2024.
  • 💰 The speaker has recently invested in a pre-sale project called Scotty the AI (symbol: SCTTY), which has raised around $150,000 and is in the public round two stage.
  • 📈 The price of Scotty tokens is expected to increase after the completion of the current pre-sale stage.
  • 🔗 Investment in Scotty the AI can be made using various wallets and cryptocurrencies, including ETH, USDT, BNB, and MADX.
  • 🐶 Scotty the AI combines the appeal of dog memes with artificial intelligence, targeting two of the biggest trends in the crypto space.
  • 🛠️ The project has two working features: Scotty Swap for token trading and Scotty Chat, an AI-powered chatbot for crypto market insights.
  • 📊 Scotty the AI has a detailed white paper outlining its tokenomics, including a total supply of 1,234,567 tokens.
  • 🗺️ The project has a comprehensive roadmap with phases for community launch, product development, and partnerships, aiming for listings on decentralized exchanges and CoinMarketCap/CoinGecko.
  • 💹 Investors can earn rewards by buying and staking Scotty tokens directly from the platform, with an estimated yield of 2%.
  • 🔍 The project has undergone an audit by Coin, with no major or medium risk issues identified in the blockchain.

Q & A

  • What is the name of the meme coin project discussed in the video?

    -The name of the meme coin project is Scotty the AI, with the symbol SCTTY.

  • How much has Scotty the AI raised in their pre-sale so far?

    -Scotty the AI has raised around $150,000 in their pre-sale.

  • What are the two main reasons the speaker invested in Scotty the AI?

    -The speaker invested in Scotty the AI because of its strong marketing and the combination of meme coins with artificial intelligence, which are two of the biggest topics in the crypto space.

  • What are the two working features for Scotty the AI tokens mentioned in the video?

    -The two working features for Scotty the AI tokens are Scotty Swap and Scotty Chat.

  • What is the purpose of Scotty Swap?

    -Scotty Swap allows users to exchange Ethereum, BNB, or other tokens for Scotty tokens.

  • Scotty Chat functions as an AI-powered crypto companion that provides market insights and information about the crypto market and the world in general.

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  • What is the total supply of Scotty tokens?

    -The total supply of Scotty tokens is 1,234,567.

  • What phase of the roadmap is Scotty the AI currently in?

    -Scotty the AI is currently in Phase One of their roadmap, which focuses on community launch, contract audit, token generation, and pre-sale launch.

  • What percentage of estimated rewards can be earned by staking Scotty tokens?

    -By staking Scotty tokens, users can start generating an estimated reward of 2%.

  • What does the blockchain audit for Scotty the AI reveal?

    -The blockchain audit for Scotty the AI reveals no major issues, which is considered unique and positive for the project.

  • How much has Scotty the AI raised in total, including the current pre-sale round?

    -Scotty the AI has raised around $150,000 to $200,000 in total, including the current pre-sale round.

Outlines

00:00

🚀 Investing in Meme Coins: Scotty the AI

The video discusses the recent investment in Scotty the AI, a meme coin with a focus on artificial intelligence. The presenter highlights the project's pre-sale success, raising around $150,000 and being in the second public round. The token's price is expected to rise after this stage. The project's appeal lies in its combination of meme culture and AI, with a unique backstory involving a Scottish Terrier named Scotty. The presenter emphasizes the project's working features, Scotty Swap and Scotty Chat, which offer token swapping and AI-powered market insights, respectively. The video also mentions the project's social media presence and the detailed tokenomics outlined in the white paper.

05:01

📈 Scotty the AI's Roadmap and Tokenomics

This paragraph delves into Scotty the AI's total token supply of 1,234,567 and the allocation for various purposes such as supply, liquidity, and development. The presenter outlines the project's roadmap, which includes community launch, token generation, pre-sale, and future phases like Scotty AI contract audit, chat beta release, blockchain takeover, and listings on decentralized exchanges. The video also mentions the potential for immediate rewards through token staking and the project's audit, which found no major issues, suggesting a secure investment.

Mindmap

Keywords

💡Meme Coins

Meme Coins are cryptocurrencies that are often based on popular internet memes and are characterized by their volatile nature and community-driven support. In the video, the speaker discusses the potential of meme coins to rally in the crypto space, citing examples like 'Sponge' and 'Pepe' which have seen significant growth. The main theme of the video revolves around the investment potential of meme coins, particularly 'Scotty the AI', which is a new project in the pre-sale stage.

💡Pre-sale

A pre-sale is a phase in the launch of a new cryptocurrency where early investors can purchase tokens before they are publicly available. It's often seen as an opportunity to invest at a lower price. In the context of the video, 'Scotty the AI' is in its pre-sale stage, which is why the speaker is promoting it as a good investment opportunity, highlighting that the price will increase once the pre-sale is complete.

💡Artificial Intelligence (AI)

Artificial Intelligence refers to the simulation of human intelligence in machines that are programmed to think and learn. In the video, 'Scotty the AI' is a meme coin that incorporates AI into its project, which is seen as a unique selling point. The AI aspect is used to create a chatbot and a token swap feature, setting it apart from other meme projects.

💡Tokenomics

Tokenomics is the study of the economic structure of a cryptocurrency, including its supply, distribution, and use cases. The video mentions the tokenomics of 'Scotty the AI', detailing its total supply and the allocation of tokens for various purposes like pre-sale, development, and marketing. Understanding tokenomics is crucial for investors as it affects the value and utility of the token.

💡White Paper

A white paper is a document that outlines the technical details, goals, and plans of a cryptocurrency project. It's an essential resource for investors to understand the project's vision and roadmap. The video refers to the white paper of 'Scotty the AI', which provides detailed information about the token's supply, tokenomics, and future development phases.

💡Roadmap

A roadmap is a strategic plan that outlines the future development stages of a project. It gives investors a clear picture of what to expect from the project over time. In the video, the speaker discusses the detailed roadmap of 'Scotty the AI', which includes phases like community launch, token generation, and partnerships, providing a sense of direction and progress for the project.

💡Staking

Staking is the process of holding a cryptocurrency in a wallet to support the operations of a blockchain network, often in return for rewards. The video mentions that investors can stake 'Scotty the AI' tokens directly from the platform to earn estimated rewards, which is a feature that adds utility and potential income for token holders.

💡Blockchain Audit

A blockchain audit is a thorough examination of a cryptocurrency's code and operations to ensure security and transparency. The video highlights that 'Scotty the AI' has undergone an audit by Coin, with no major issues reported, which is a positive sign for potential investors as it indicates a high level of security and reliability.

💡Decentralized Exchanges (DEX)

Decentralized exchanges are platforms that allow for the trading of cryptocurrencies without a central authority, offering users more control over their assets. The video mentions that 'Scotty the AI' plans to list its tokens on DEXs, which is a significant step in increasing the token's accessibility and liquidity.

💡Market Capitalization

Market capitalization, or market cap, is the total value of all the tokens of a cryptocurrency, calculated by multiplying the current price by the total supply. The video references the potential for 'Scotty the AI' to be listed on CoinMarketCap and CoinGecko, which are platforms that track market cap and other key metrics, indicating the project's ambition to become a recognized and valued asset in the crypto market.

Highlights

Meme coins like Pepe have seen significant growth, with some reaching over 100x returns.

Big institutions are getting involved in the crypto space, which is expected to boost meme coin rallies into 2024.

Scotty the AI (SC TTY) is a new meme coin project that has raised around $150,000 in its pre-sale.

The project is currently in the public round two stage, with the token price set to increase after this stage.

Scotty the AI combines the popularity of dog memes with artificial intelligence, targeting two major trends in the crypto space.

The project has two working features: Scotty Swap for token trading and Scotty Chat, an AI-powered crypto companion.

Scotty Swap allows users to exchange Ethereum, BNB, and other tokens for Scotty tokens.

Scotty Chat offers market insights and interacts with users about the crypto market and other topics.

The Scotty token has a total supply of 1,234,567 ERC20-compatible tokens on the Ethereum blockchain.

The project has a detailed roadmap with phases for community launch, Scotty AI contract audit, token generation, and exchange listings.

Investors can earn rewards by buying and staking tokens directly from the platform, with an estimated 2% return.

The project has undergone an audit by Coin, with no major issues reported, which is a positive sign for its reliability.

Scotty the AI has a strong social media presence, particularly on Twitter, and a growing Telegram community.

The project's tokenomics are detailed on the main website and further elaborated in the white paper.

The pre-sale is in its second stage, with only 7 days left before the price increase.

The project has already raised between $150,000 to $200,000, indicating strong initial interest.

With increased money流入 the crypto space, there is potential for major volatility in meme tokens and smaller cap altcoins.