Perhaps the most notable thing in the cryptocurrency world today is the start of trading of Memecoin (MEME) on stock exchanges. The token attracts attention with its significant rise. Now it looks like an airdrop craze is on the horizon. Let’s look at the details.
The impressive rise of Memecoin (MEME)
Many people started sending messages to each other since the morning. Frankly, we opened our eyes wide when we saw the 220% rise. It was a meteoric rise for a newly released token. The next process for MEME, which is currently at $0.024, is a matter of curiosity. Because we also have an event like airdrop ahead of us. Demands have already started coming.
Lookonchain announced the development today. Cue an airdrop frenzy for MEME accordingly. Also given is the huge demand figure so far. Accordingly, there is a total demand for 2.35 billion MEMEs in the airdrop frenzy. It also has an impressive numerical equivalent. Accordingly, this corresponds to a figure of approximately 52.4 million dollars. It also accounts for 13.6% of the circulating supply.
Who requested it?
Lookonchain also includes who requests it. So, in a sense, it points to cryptocurrency whales. Let’s include a detail here. When the board opened on Binance, MEME price reached up to $0.1. Coming back to the topic, @lastvikingeth, one of the cryptocurrency whales, requested 50.73 million MEMEs. The numerical equivalent of the requested cryptocurrency is 1.13 million dollars. On the other hand, @dingalingts claimed 26.88 million MEMES. This makes approximately 599 thousand dollars.
Looking at other MEME whales, @Keungzeth claimed 24.92 million coins. Accordingly, its numerical equivalent is at the level of 555 thousand dollars. Finally, @BitroxEth claimed 20.62 million coins. This makes approximately 459 thousand dollars.
Huge numbers mean sales
In fact, the fact that there is such a large demand for MEMEs means that a sales wave is at the door. On the other hand, there are rewards for those who stake BNB, USDT and FUSD on Binance for cryptocurrency. Accordingly, we see that the distribution continues.
cryptokoin.com When we look at it from a perspective, the point that draws attention here is the fact that whales act quickly to sell. As this situation will have a significant impact on the MEME price, there will be a numerical decrease. Let us note that the market value of the cryptocurrency currently exceeds 1 billion dollars.
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