Memecoin becomes the 39th Binance Launchpool project

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Memecoin (MEME) continues to make waves in the cryptocurrency community as it successfully raised $10 million in less than an hour after launching its token sale, becoming the 39th Binance Launchpool project.

Users will be able to place BNB, TUSD, and FDUSD into separate pools to farm MEME tokens within 30 days, and Farming time starts from 7:00 on October 28, 2023 (Vietnam time).

Binance will then list MEME at: 15:00 November 3, 2023 and with trading pair MEME/BTC, MEME/USDT and MEME/BNB.

Detailed information about Memecoin (MEME) Launchpool:

Token name: Memecoin (MEME)
Total supply: 69,000,000,000 MEME
Launchpool Token Reward: 1,380,000,000 MEME (2% of total supply)
Initial circulation: 8,797,500,000 MEME (12.76% of total supply)
Smart contract details: Meme Coin (Momo)
Staking terms: KYC required
Hard cap per user per hour:
- 153,333.33 MEME in BNB pool
- 19,166.67 MEME in TUSD pool
- FDUSD 19,166.67 MEME in pool

Supported pools:

Staking BNB: Reward 1,104,000,000 MEME (80%)
Staking TUSD: 138,000,000 MEME rewards (10%)
EquityFDUSD: 138,000,000 MEME rewards (10%)

Farming time: From 07:00 on October 28, 2023 to 6:59 on November 27, 2023, Vietnam time.

It is understood that Memecoin (MEME) is Memeland’s ecosystem token. Memeland is a Web3 project created by a group of members of the 9GAG team, a popular meme and news sharing site funded by influential investors such as YCombinator. The project aims to connect the worlds of NFT, Metaverse, games and digital art to create unique and engaging online experiences.

It is worth noting that although the Memeland development team claimed that MEME has “no utility, no roadmap, no commitment, no financial return expectations, just 100% meme”, the token still attracted the attention of the community at large, and at that time MEME was extremely popular. The high price was sold out. It’s fast, only 42 minutes.

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