🚀Memecoin rose 2000% and entered the top 100 cryptocurrencies📈
After being listed on the Binance exchange, this token increased its price considerably in a few hours.
However, what makes them so attractive? Beyond the fact that they are projects based on memes, the reality is that they have immense growth potential thanks to their value propositions.
MemeCoin: a new addition to Binance
$MEME Coin has achieved a significant milestone by being listed on Binance, which represents a step forward for the currency, based on the Ethereum blockchain and which was conceived as the ecosystem token for Memeland, a project started by the team behind the well-known 9GAG entertainment platform.
The opportunity to earn MEME by staking BNB or stablecoins like TUSD and FDUSD on Binance Launchpool is one of the features that has generated interest.
Binance has allocated 2% of the total MEME supply to distribute among Launchpool participants, which translates to 1.38 billion tokens out of a total of 69 billion. Of this percentage, 80% goes to users who stake BNB, while the remaining 20% is distributed between the TUSD and FDUSD pools.
Additionally, Binance has tagged $MEME with the “Seed Tag,” a designation that identifies projects in early stages of development and previously known in the “Innovation Zone.”
As for staking $MEME on Binance, users need to log in to Binance, go to the 'Launchpool' section, select the corresponding MEME staking pool, and transfer BNB, TUSD, or FDUSD from their spot wallet.
Staking begins automatically upon transfer, and rewards can be monitored in real-time within the platform.
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