The Ronin blockchain has integrated a new meme coin launchpad called Tama Meme.
The Ronin blockchain has integrated a new meme coin launchpad called Tama Meme. This platform, developed by Moku with support from Sky Mavis, aims to expand the previously curated ecosystem of Ronin under the initiative dubbed “Operation Leviosa.”
Tama Meme allows users to create new tokens quickly, akin to the Pump.fun launchpad operating on the Solana network. For a fee of 1 RON (approximately $1.65), users can design their own tokens by selecting an image, ticker, and name.
Once established, these tokens are introduced via a bonding curve mechanism that increases their market capitalization with each purchase. Upon reaching a certain threshold, tokens become tradable on Katana, Ronin’s decentralized exchange.
Since its launch on Tuesday, Tama Meme has reportedly facilitated the creation of around 7,000 new tokens, now held across nearly 60,000 Ronin wallets, according to data compiled by Joshua Dear, a data analyst at Game7 DAO.
The tokens created thus far include variations on existing popular tokens and new memes, such as the CuteAsianGirl (CAG) token, which has reached a market cap of $4.3 million.
To mark the launch, Tama Meme is hosting a Ratz Race competition, offering more than $40,000 in RON and NFT prizes. This initiative illustrates Ronin's commitment to fostering a diverse and active ecosystem.
Additionally, the Ronin network is preparing to welcome Rumble Kong League, a basketball game supported by Steph Curry, as it migrates from the Avalanche blockchain.
This article contains links to third-party websites or other content for information purposes only (“Third-Party Sites”). The Third-Party Sites are not under the control of CoinMarketCap, and CoinMarketCap is not responsible for the content of any Third-Party Site, including without limitation any link contained in a Third-Party Site, or any changes or updates to a Third-Party Site. CoinMarketCap is providing these links to you only as a convenience, and the inclusion of any link does not imply endorsement, approval or recommendation by CoinMarketCap of the site or any association with its operators.
This article is intended to be used and must be used for informational purposes only. It is important to do your own research and analysis before making any material decisions related to any of the products or services described. This article is not intended as, and shall not be construed as, financial advice.
The views and opinions expressed in this article are the author’s [company’s] own and do not necessarily reflect those of CoinMarketCap.
