. $MEME coin went from a FREE Airdrop to ~$1,500USD each!
Why? What is it? Is there longevity?
Let& #39;s Discuss. @DontBuyMeme
1/ Thread
https://abs.twimg.com/emoji/v2/... draggable="false" alt="👇" title="Rückhand Zeigefinger nach unten" aria-label="Emoji: Rückhand Zeigefinger nach unten">
Why? What is it? Is there longevity?
Let& #39;s Discuss. @DontBuyMeme
1/ Thread
2/ Tokenomics.
28,000 Supply.
26,000 $MEME airdrop to 73 ppl who filled out a form on Telegram.
Rest, 2,000 tokens were used to provide liquidity on @UniswapProtocol.
LP Tokens sent to @VitalikButerin wallet.
https://abs.twimg.com/emoji/v2/... draggable="false" alt="🤣" title="Lachend auf dem Boden rollen" aria-label="Emoji: Lachend auf dem Boden rollen">. They can never be withdrawn = No rug pull possible.
28,000 Supply.
26,000 $MEME airdrop to 73 ppl who filled out a form on Telegram.
Rest, 2,000 tokens were used to provide liquidity on @UniswapProtocol.
LP Tokens sent to @VitalikButerin wallet.
3/ Concept.
Deposit $MEME tokens on either the website or ETH-MEME Uniswap pair allowing you to earn the regular & #39;liquidity provider& #39; fees/revenue AND & #39;points& #39; you can redeem for MEME NFTs.
Deposit $MEME tokens on either the website or ETH-MEME Uniswap pair allowing you to earn the regular & #39;liquidity provider& #39; fees/revenue AND & #39;points& #39; you can redeem for MEME NFTs.
4/ NFTs.
This is the key part.
The NFT& #39;s you can redeem have capped supply.
Providing ETH-MEME liquidity, you can redeem them for & #39;Legendary cards& #39; with supply of only 10.
Staking MEME on the site, you can redeem for cards that are rare or common. (/100 or /1000).
This is the key part.
The NFT& #39;s you can redeem have capped supply.
Providing ETH-MEME liquidity, you can redeem them for & #39;Legendary cards& #39; with supply of only 10.
Staking MEME on the site, you can redeem for cards that are rare or common. (/100 or /1000).
5/ NFT Sales.
Those that were quick to claim the first Legendary cards sold them asap on @Opensea.
For...47 & 78 ETH!
Remember, there& #39;s only 10 of these available.
Those that were quick to claim the first Legendary cards sold them asap on @Opensea.
For...47 & 78 ETH!
Remember, there& #39;s only 10 of these available.
6/ Suddenly De-Fi & NFTs have a real intersect.
Considering you can earn pretty good yield AND NFTs that sell for decent ETH more $MEME is being bought to be staked.
Since a lot is locked up the price is rising quickly.
Recently got a @Poloniex listing. https://twitter.com/Poloniex/status/1308111327253143552">https://twitter.com/Poloniex/...
Considering you can earn pretty good yield AND NFTs that sell for decent ETH more $MEME is being bought to be staked.
Since a lot is locked up the price is rising quickly.
Recently got a @Poloniex listing. https://twitter.com/Poloniex/status/1308111327253143552">https://twitter.com/Poloniex/...
7/ Longevity.
Is there more to this?
Yes. A LOT More.
They are now doing Artist drops/collabs. First one being @sven_eberwein.
You need to stake towards the Sven pool. Again, locking up more $MEME Tokens.
Is there more to this?
Yes. A LOT More.
They are now doing Artist drops/collabs. First one being @sven_eberwein.
You need to stake towards the Sven pool. Again, locking up more $MEME Tokens.
8/ So imagine they continue.
Regularly doing Artist Collabs to incentivise more $MEME being locked up.
$MEME token will go up. Happening.
Artist get exposure to De-Fi community
De-Fi get into NFTs.
It& #39;s a HUGE win for the whole industry.
Regularly doing Artist Collabs to incentivise more $MEME being locked up.
$MEME token will go up. Happening.
Artist get exposure to De-Fi community
De-Fi get into NFTs.
It& #39;s a HUGE win for the whole industry.
9/ The lucky 73 people who were airdropped 355.5 $MEME each would have been worth ~$560,000+ if they sat on them.
Lucky or smart?
Regardless, this space is a HOTBED of creativity with mad money moving through it.
De-Fi protocols currently have 9.5BILLION $ locked up in them.
Lucky or smart?
Regardless, this space is a HOTBED of creativity with mad money moving through it.
De-Fi protocols currently have 9.5BILLION $ locked up in them.