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LOFI-DEFI Announces LOFI Token Launch on Pancakeswap

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LOFI-DEFI unveils their plans to launch the LOFI token on Pancakeswap in the coming weeks based on community engagement.

CHARLOTTE, N.C. - eTradeWire -- LOFI-DEFI CEO David Cohen announced today that the company will be launching the token that will be used on the platform they're developing, LOFI, in the coming weeks. Based on the new roadmap the company provided on it's website, they plan to launch the token without any presale directly on Pancakeswap once they reach 1000 members in their Telegram group, t.me/lofi_defi. Mr. Cohen notes that the company has already attracted 300 members in their Telegram group with an additional 500 in their Discord server.

Recent startups such as Safemoon and the myriad of Dogecoin clones that have popped up have thrown decentralized meme tokens in the spotlight, but Mr. Cohen claims that there's more to LOFI-DEFI; "LOFI offers all the same things as the rest of these popular tokens in that it does reflection and burn, but we also offer the transparency that made Safemoon such a hit as well as our plans to develop a platform which could rival Twitch one day if properly deployed."

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Lofty aspirations indeed, but the data shows his enthusiasm isn't misplaced. Pancakeswap, the exchange that the LOFI token is launching on, regularly does over $500,000,000 in volume a day, much of it coming from tokens offering essentially the same thing as the LOFI token without the long term plans that would give people confidence that they're investing in something more than your average crypto pump and dump.

As the cryptocurrency markets slowly shake off the bearish sentiment that's haunted them in the recent weeks, startup companies like LOFI-DEFI look to capitalize on the growing number of investors trying to get rich quick by getting in early to new tokens like LOFI buoyed by competent management combined with effective marketing. Investing is never a sure thing, and you should always do your own research before acting.

Learn more at https://lofi-defi.com

David Cohen - CEO

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