Binance, the largest cryptocurrency exchange in terms of volume, has announced a major breakthrough today. Despite meme coins experiencing significant losses in the midst of a bear market, there is great potential for the bull season. Considering the recently announced altcoin supporters, there is a possibility of competition for Dogecoin.
What is Memecoin (MEME)?
Memecoin (MEME) has just been announced as the 39th project on Binance Launchpool. Memeland, supported by 9GAG, the world’s most popular meme platform, has been launched. This project, initiated by Binance and 9GAG, has the potential to reach massive audiences on the internet. In short, a strong competitor to Dogecoin is emerging.
Users will lock their BNB, TUSD, and FDUSD in separate pools for 30 days to earn MEME Coin. Rewards will begin tomorrow. Binance will then activate the altcoin’s pairs on November 3rd. MEME/BTC, MEME/USDT, and MEME/BNB trading pairs were announced as the initial active pairs.
Memecoin Details
- Token Name: Memecoin (MEME)
- Maximum Token Supply: 69,000,000,000 MEME
- Launchpool Token Rewards: 1,380,000,000 MEME (2.00% of total token supply)
- Initial Circulating Supply: 8,797,500,000 MEME (12.75% of total token supply)
