![](https://daytradingreports.com/wp-content/uploads/2024/02/1706827605-etuktuk-min-qC57DL-800x457-WzrhPY-800x400.png)
Crypto startup eTuktuk has raised over $700,000 in its presale with its green transportation solutions, potentially emerging as one of the best altcoins to buy. Image by Kerem Goktug Kaya, DALL-E 3.
A new cryptocurrency project focused on developing environmentally sustainable transportation solutions has gathered considerable attention in its ongoing crypto presale fundraising event. The initiative, called eTuktuk, has so far raised over $730,000 from presale participants looking to acquire the project’s ERC-20 token before its official launch.
With presale momentum indicating strong interest in the crypto startup’s mission and potential, some analysts speculate that eTuktuk could be one of the best altcoins to buy into early.
Electric Vehicles to Replace Polluting Tuk-Tuks
eTuktuk’s goal is to transform urban transportation infrastructure in developing nations plagued by high levels of air pollution. Specifically, the project wants to replace traditional auto rickshaws commonly known as tuk-tuks with electric vehicles powered by renewable energy sources.
Tuk-tuks are notorious for their inefficient two-stroke engines that emit high amounts of carbon dioxide and other greenhouse gases. eTuktuk will swap these fossil fuel-burning tuk-tuks with zero-emission electric models charged using solar power.
#ClimateChange exceptional and caused by human greenhouse gas emissions
We are causing #globalwarming 100 times faster than past natural changes
We are taking Earth’s climate beyond natural limits, with CO2 & temp levels not seen for 3 million yrs
Climate change is real pic.twitter.com/5CmONhImi5
— Professor Mark Maslin 𝕏 (@ProfMarkMaslin) January 30, 2024
Beyond manufacturing clean electric tuk-tuks, the crypto startup plans to build EV charging systems and incorporate blockchain technology for security, efficiency, and scalability as adoption spreads. The roadmap also includes offering digital identities and financial services via partnerships, especially to serve economically disadvantaged groups.
Token Staking Rewards Up to 298% APY
eTuktuk’s native ERC-20 token TUK will enable various functions within the ecosystem such as EV reservations, ride-hailing, and payments between drivers and riders.
Holders who stake their TUK tokens can passively earn up to 298% APY. This incentive furthers the appeal of acquiring TUK both for presale participants and future adopters looking for the best altcoin to buy for staking income.
Is eTukTuk the Best Altcoin to Buy Now?
As a crypto startup centered on environmental sustainability, eTuktuk has captured noteworthy presale momentum in recent weeks by tapping into surging investor appetite for greener cryptocurrencies.
With the presale’s original $650,000 goal swiftly exceeded with over $730,000 raised so far, eTuktuk is set to conclude its presale funding stage soon. The token price will be $0.026 during presale but will increase when the next launch phase goes live.
Introducing Buy and Stake mechanism, get $TUK tokens and instantly stake them, initiating a dynamic APY.
Early stakers enjoy higher returns as APY adjusts with participation, encouraging early adoption and a fair, enticing incentive structure for all. pic.twitter.com/pMrXEZzB3f
— eTukTuk (@eTukTukio) October 10, 2023
Once the presale wraps up, TUK may become one of the best altcoins to buy considering its pronounced real-world utility and eco-friendly ethos that caters to pressing climate change concerns.
Early adopters can gain exposure to a crypto startup merging green technology, sustainability, and blockchain’s efficiency and security to reform transportation infrastructure across developing nations. For environmentally-conscious investors, TUK could be one of the best altcoins to buy right now while it’s still early.
The post New Binance Smart Chain Coin Raises $730,000 In Presale – Best Altcoin To Buy Now? appeared first on Cryptonews.