MemeFi announces new token launch and partnership with SUI
MemeFi, turns into the primary Telegram mini-app to companion with Layer 1 blockchain SUI, forward of its token launch set for Nov. 12.
MemeFi’s token is about to launch Nov. 12, nonetheless its pre-market quantity has virtually reached $4 million on the crypto change OKX. In accordance with the venture’s press launch, customers will be capable of entry MemeFi tokens straight by way of main exchanges. MemeFi already plans to listing its token on six main exchanges.
In accordance with the MemeFi website, the brand new token might be launched on Sui(SUI), which it claims will provide a “low-cost, quick and user-friend declare expertise.”
The venture has already ready an airdrop mannequin for its native token in order that customers will be capable of obtain honest parts primarily based on group engagement. Round 85% of its whole MEMEFI token provide might be allotted for Telegram customers, whereas 5% might be given to its Web3 customers. Although, MemeFi has chosen to maintain some particulars categorized to forestall token exploitation.
By way of its partnership with Sui and its developer Mysten Labs, MemeFi plans to alter the best way Telegram apps are perceived, notably within the crypto area. With over 26 million month-to-month energetic customers, MemeFi is a Telegram mini app with an energetic function in facilitating the meme coin area.
The venture’s collaboration with Sui and Mysten Labs is the primary of its form from a Telegram mini app. With Sui just lately surpassing greater than 26 million energetic wallets in its ecosystem, MemeFi seems to be to develop its attain and supply extra providers to the group.
Meme coins have been dominating the market this yr, with a staggering $60.93 billion market cap and meteoric returns that preserve merchants on their toes and wanting extra.
MemeFi acknowledges this demand available in the market, which is why it goals to remodel itself right into a meme coin ecosystem with two Telegram merchandise within the works.
The pseudonymous founding father of MemeFi acknowledged that the venture’s main aim is to construct a platform that might be useful for its rising group on Telegram.
“From ecosystem alignment to change partnerships, our focus has been on creating the absolute best setting for our customers as we put together for our itemizing,” mentioned the founder.
The MemeFi staff has additionally ready quite a few reward campaigns for loyal customers, together with every day actions that supply multipliers and bonuses for energetic participation.
MemeFi was launched in April 2024 as a blockchain-based venture that mixes meme tradition with community-driven Telegram apps. MemeFi’s mannequin is sort of just like Hamster Kombat and TapSwap. On this recreation, gamers dive into battles for management and sources in a world stuffed with numerous factions, every impressed by varied memes.
In October 2024, crypto.information reported that the MemeFi coin value is projected to soar by 225%, probably hitting $0.001617 by Nov. 13, 2024.
