Memecoin (MEME) is a new meme coin in the crypto space created by the team behind 9GAG,  a social media and entertainment website. As per the white paper shared by the creators of Memecoin, the token openly states that it has no practical use, roadmap, or financial return expectations. The sole purpose of the token is for entertainment and to engage with the meme culture in the blockchain space.

Memecoin (MEME) was created by the team behind 9GAG, the popular website based in Hong Kong.

• Memeland: Memeland is an NFT marketplace centered around memes and NFTs. It focuses on socialFi and creator economies, connecting meme creators and their communities.

• Unique concept: Unlike other meme coins, MEME was created as a literal meme with no utility, no roadmap, promises, or financial gains. The project is transparent with a clear purpose for its creation. 

• Community support: Despite zero functionality, MEME has strong community support that boosts the meme coin and its ecosystem.

• MEME token: MEME tokens can be bought and hodled from a crypto exchange which is not the intention of its creator. However, the MEME coin has garnered a significant following.

Unlike other meme coins, MEME was created as a literal meme with no utility, no roadmap, promises, or financial gains. However, the transparency and clear purpose of its creation got the attention of the entire crypto community and attracted significant attention from the community. As of November 2024, MEME ranks at #160 in the overall crypto market, with a market cap of $459.12 million. Several technical experts and meme coin aficionados are expecting the token to reach $0.1834 by 2030.

• MEME tokens can be bought and hodled from a crypto exchange.

• Though not its creators’ original intention, MEME can be traded from crypto exchanges like CoinSwitch.

• Memecoin is in the development stage, and its functionality will also increase over time.

• Memecoin’s transparency and clear purpose are not misleading, unlike some other cryptos.

• Memecoin is backed by a strong community and even renowned investors.

• Memecoin appeals to meme coin aficionados, who comprise a significant section of the crypto space.

• MEME may experience extreme price volatility. 

• Its creators stated in the whitepaper that MEME is not intended to be a medium of exchange.

• It lacks real-world utility and technological innovation.

• Start investing in MEME with just ₹100.

• MEME price is updated in INR in real-time.

• Trade in MEME on a secure and seamless platform like CoinSwitch.

Memecoin (MEME) has a total supply of 69 billion tokens as per the tokenomics, 30% is stashed away to build the ecosystem, 25% for community airdrops, 17% for partners that contributed to the building of the ecosystem, 12% for private sale, 11% for community presale, and the remaining 5% for the advisory board and Binance launch pool.