The launch of Memecoin (MEME) on the Binance Launchpad came with much excitement as many bought into the hype. Besides, the accumulation that followed the launch, Memecoin also distributed airdrops to early players and those who got into the pre-sale season. MEME’s pre-sale price...
- Memecoin airdropped millions of tokens to whales who were involved in the FireSale.
- MEME lost 33.55% of its value in the last seven days.
- If the RSI jumps to 58.35, MEME may retest the $0.02 region.
The launch of Memecoin (MEME) on the Binance Launchpad came with much excitement as many bought into the hype. Besides, the accumulation that followed the launch, Memecoin also distributed airdrops to early players and those who got into the pre-sale season.
MEME’s pre-sale price was $0.183. However, after a 1005% earlier hike, MEME has lost 33.55% of its value according to CoinMarketCap, while exchanging hands at $0.017.
What Is Memecoin (MEME)?
Memeland, a web3 venture studio, developed Memecoin, and it is the native token of the Memeland ecosystem. As of this writing, MEME’s market cap was $157.72 million. The total supply of Memecoin is 69 billion, with 8.79 billion of the tokens in circulation.
According to Lookonchain, Memecoin allocated 25% of the total supply as a reward for early adopters of the project. In a November 8 post on X (formerly Twitter), two whales were part of the r…
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