The cryptocurrency space is indeed full of surprises. Recently, an emerging meme coin called $MEME, which has no roadmap or utility has already raised over $11 million in its ongoing firesale. Memecoin (MEME) Achieves A Major Milestone With Firesale MEME is an Ethereum-based memecoin that operates under the ERC-20 network, with a total supply of 69 billion MEME tokens. The token was designed by a web3 startup called Memeland and launched by the team that worked on 9GAG. According to the Memecoin fire sale page, the brand new meme coin reportedly sold over 11.4 billion MEME tokens selling at $0.001 in its ongoing firesale. This indicates a significant 150% surge, beating the team’s expectations from the very beginning. The token’s active firesale which has amassed over $11 million already has done this despite being a waitlist-only sale. Related Reading: AiDoge Reaches $9 Million Mark in Presale, Looks Set for More Milestones In line with Memecoin’s whitepaper, the team highlighted that the token “has no functions, no utility and no intrinsic value, no promise or expectation of any financial return, profit, ..
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