Cryptocurrency enthusiasts are showing great interest in airdrops lately. These airdrops allow the crypto community to acquire a significant number of tokens. Some projects announce these airdrops during the testnet phase, while others announce them during the mainnet phase. There are also projects that offer airdrops even after being listed. Today, an airdrop announcement was made by Memeland.
MEME Airdrop Announcement
As reported by Memeland on February 9th via the X social platform, the launch of the MEME airdrop has initiated an exciting venture. This venture unveils the MEME FARMING airdrop, inviting users to participate and collect rewards. To start with this airdrop, users are encouraged to verify their eligibility through the official address provided by Memeland.
Users accessing the official address can determine if they are eligible to participate in the airdrop. It is important to note that Memeland has implemented a mechanism to detect and address bots during the airdrop process. If an address is marked as a bot, users have a 7-day period to file an objection. This step is indicative of Memeland’s commitment to maintaining fairness and integrity within the community.
If users encounter issues with the objection form, they are advised to be patient and try again later. Considering the expected influx of objections, the system may temporarily experience overload. The announcement assures there is no need to panic, as participants have a full week to resolve any inconsistencies and secure their eligibility for the MEME airdrop.
MEME Price
After reaching levels around $0.46, we see that the MEME price has entered a decline phase. The $0.25 levels have become a resistance area for the price. Let’s recall that the price fell to $0.16 during the period when the cryptocurrency Bitcoin dropped to the $38,500 level.
Looking at the cryptocurrency MEME price, we see it trading at $0.023 at the time of writing. If the price overcomes the $0.25 resistance, it could start a journey towards $0.30. We see that approximately $13 million in volume has been generated in the crypto exchange market in the last 24 hours. It remains unclear how the announcement of the airdrop will reflect on the price. Not every airdrop necessarily leads to a downturn in the crypto world. Therefore, it is beneficial to follow the process.
