According to BlockBeats, on November 14, according to official news, Lord Cheems, a well-known meme project in the BSC ecosystem, announced that it would lock up the repurchase address accounting for 7.36% of the total supply (approximately US$7 million) for one year. After it is unlocked next year, the community will vote on how to deal with these tokens, all of which come from market repurchases.
Officials said that this move is aimed at better decentralization and community development, protecting the interests of investors, promoting the healthy development of the project, and ensuring that every participant can share the fruits of the project's growth. Through this series of measures, Lord Cheems hopes to attract more supporters and jointly build the Cheems culture.
According to market data, CHEEMS's 24-hour increase was 37.6%, with a market value of US$98.4 million and a 24-hour total network transaction volume of US$17.6 million.