Bitgert

Vita Inu

<p>A famous venture capital (VC) investment company Bitgert Ventures has recently announced that the platform is making a strategic investment of up to $3.5M in Vita Inu. Vita Inu is a meme coin project. The VC investment platform shared the respective move on its official Twitter channel. In addition to this, it also discussed this development on its website.</p><h2 id="header-0">Bitgert Declares a Strategic Investment of $3.5 Million in a Meme Token</h2><p>While providing details about this investment, Bitgert noted that every <a href="https://blockchainreporter.net/glossary/memecoin/" rel="noopener noreferrer nofollow">meme token</a> does not have hype like Vita Inu. Along with this, the platform also talked about the context of the meme coin industry. As per Bitgert, the <a href="https://blockchainreporter.net/tag/market/" rel="noopener noreferrer nofollow">crypto market</a> is witnessing a vast number of meme tokens. In other words, several such crypto projects have come and gone without staying for much time.</p><p>It also mentioned that some of the meme tokens were just pump-and-dump schemes that took away the hard-earned funds of the investors. On the other hand, it added, the crypto community also witnessed some rug pulls in the meme coin industry. Nonetheless, it moved on to say that the meme token Vita Inu is not like any of the above-mentioned projects. According to Bitgert, the respective meme token project is attempting to bring about a revolutionary change.</p><h2 id="header-1">The Investment Targets Broadening Vita Inu’s Span for Future Endeavors</h2><p>The VC firm is of the view that the project has several real-life utilities. In this respect, it pointed toward the things like Vinuverse (which is currently in its developing phase) and <a href="https://blockchainreporter.net/glossary/smart-contract/" rel="noopener noreferrer nofollow">smart contracts</a>. Moreover, it will additionally modify the angle with which the world perceives meme tokens. Apart from that, <a href="https://bitgert.com/bitgert-ventures/" rel="noopener noreferrer nofollow">Bitgert Ventures</a> also disclosed that the investment made by it will be utilized to broaden the span of <a href="https://vitainu.org/" rel="noopener noreferrer nofollow">Vita Inu</a>.</p>

Bitgert Ventures Makes $3.5M Investment to Propel Vita Inu’s Revolutionary Meme Coin Project

Table of Contents

BlockchainReporter

Other articles published on May 18, 2023

Bitcoin’s long term holders accumulate as correlation with Nasdaq keeps declining

Could DogeMiyagi Replace Dogecoin And Floki Inu As The Best Meme Coin?

Do Kwon allegedly withdraws $2.15m in stablecoins

LayerZero and Immunefi Unveil $15m Bug Bounty

Early Access 0.11 patch notes

Revolutionizing Agriculture: Sustainable Practices for a Thriving Future

Join our free newsletter for daily crypto updates!