Memecoin’s Journey to Binance: MEME On-Chain Data After Major Exchange Listing

2023-11-3 17:30

Memecoin (MEME) was recently listed on Binance, sparking interest from blockchain analysis firm Lookonchain to investigate Memecoin’s tokenomics and on-chain activity following the listing.

Token Supply and Distribution

According to Lookonchain, the total supply of MEME is 69 billion. On listing, the circulating supply was 8.8 billion MEME, equal to 12.75% of total supply.

Lookonchain provided a breakdown of the token distribution:

2% (1.38 billion MEME) to Binance Launchpool, deposited to Binance 6 days pre-listing 11% (7.59 billion) for Community Fire Sale at $0.001 per token 12% (8.28 billion) to private sale investors at $0.001 per token 25% (17.25 billion) for airdrop campaigns Post-Listing Token Flows

Analyzing the top 10 airdrop recipients, Lookonchain discovered 7 of them quickly transferred 214.88 million MEME (worth $4.8 million) to exchanges after receiving the free tokens.

Read also:

Top Analyst Reveals Top 3 AI Cryptos with Huge Potentials that He’s Buying in November Top Analyst Sees XRP Exploding to $18.22 – Here’s His Ripple Outlook eTukTuk’s mission towards zero emission paves $TUK token

Additionally, the Memecoin team moved 10 million MEME to DEXs for liquidity and deposited 670 million MEME (worth $15 million) across major exchanges like Binance, OKX, Bybit, KuCoin, Gate.io, and Huobi likely for market making purposes.

In summary, Lookonchain’s on-chain investigation revealed where Memecoin tokens were distributed before being listed on Binance and that majority of airdropped tokens were swiftly sold, providing insights into the tokenomics and flows.

We recommend eToro 74% of retail CFD accounts lose money. Visit eToro Now Active user community and social features like news feeds, chats for specific coins available for trading.
Wide range of assets: cryptocurrencies alongside other investment products such as stocks and ETFs.
Copy trading: allows users to copy the trades of leading traders, for free.
User-friendly: eToro’s web-based platform and mobile app are user-friendly and easy to navigate.
eToro offers staking for certain popular cryptocurrencies like ETH, ADA, XTZ etc.

The post Memecoin’s Journey to Binance: MEME On-Chain Data After Major Exchange Listing appeared first on CaptainAltcoin.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Memetic / PepeCoin (MEME) на Currencies.ru

$ 0 (+0.00%)
Объем 24H $0
Изменеия 24h: 0.00 %, 7d: 0.00 %
Cегодня L: $0 - H: $0.0271928
Капитализация $0 Rank 99999
Цена в час новости $ 0.0068559 (-100%)

meme memecoin lookonchain supply listing on-chain binance

meme memecoin → Результатов: 67


This Brand New Meme Coin Just Raised $11 Million In A Firesale With No Roadmap

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.

2023-10-26 18:00


Фото:

Memecoin Project $Garbage Set to Launch $100k Giveaway

The first garbage-themed meme coin in history, $Garbage, is sweeping the cryptocurrency community. The company believes that $Garbage will become one of the most well-known and talked-about cryptocurrency initiatives in the world very rapidly thanks to its distinctive plot and shared dislike of the current state of modern things. This is where $Garbage is useful. […]

2023-10-14 00:15


Memecoin Project $Garbage Aims to Launch A $100,000 Giveaway

Miami Beach, United States / Florida, October 13th, 2023, Chainwire $Garbage, the world’s first garbage-themed meme coin, is taking the crypto world by storm. With a unique storyline backed by a mutual distaste for the current course of modern affairs, The company hopes that $Garbage will quickly become one of the most popular and talked-about […] The post Memecoin Project $Garbage Aims to Launch A $100,000 Giveaway appeared first on CoinJournal.

2023-10-13 16:33


Memecoin Project $Garbage Aims to Launch A $100,000 Giveaway

Miami Beach, United States / Florida, October 13th, 2023, Chainwire $Garbage, the world’s first garbage-themed meme coin, is taking the crypto world by storm. With a unique storyline backed by a mutual distaste for the current course of modern affairs, The company hopes that $Garbage will quickly become one of the most popular and talked-about […] The post Memecoin Project $Garbage Aims to Launch A $100,000 Giveaway appeared first on CaptainAltcoin.

2023-10-13 16:03


PEPE Whales Load Up Their Bags As Memecoin Jumps 13%

Data shows the PEPE whales have been buying the meme coin as its price has observed a sharp 13% rally during the past 24 hours. PEPE Whales Have Bought 1. 56 Trillion Tokens During The Last Day After consolidating straight for more than a month, the meme coin based on the popular internet frog avatar finally buckled a few days back and saw a sharp decline, as did others in the sector like Bitcoin and Ethereum.

2023-7-28 20:00