MEME is the token of the Memeland ecosystem. Memeland describes itself as a Web3 venture studio that develops and invests in social products centered on communities, MEME, and NFTs; therefore, MEME's project identity should be understood as the token of that ecosystem, rather than being equated with a particular NFT, social product, or equity in it. The 2023 launch announcement also described MEME as Memeland's native ecosystem token. Ecosystem affiliation establishes the project's context, but that identity alone does not mean that holding MEME automatically grants product revenue, governance rights, or fixed returns.

Memecoin Price in USD Today, Live Market & Historical Trend Chart

Q: What is MEME's supply?

The 2023 Launchpool announcement listed MEME's total supply and maximum supply as 69,000,000,000 tokens each. Total supply describes the token quantity under that issuance arrangement; it is not the same as the circulating amount available for market trading at a given time. The two figures being identical means that both the maximum amount and total amount listed in that announcement were 69 billion tokens; however, this alone cannot establish how many tokens had entered circulation then or now, who holds them, or what unlock arrangements remain.

Q: What did the 2023 Launchpool allocation represent in the supply structure?

In the Launchpool event described in the 2023 announcement, 1.38 billion MEME were allocated as rewards. Based on the announced total of 69 billion tokens, 1.38 billion ÷ 69 billion = 2%; therefore, the event rewards represented 2% of the total supply. This percentage indicates how much of the total supply was designated as rewards for that event at the time. It does not mean that 1.38 billion tokens remain unclaimed today, nor that participation is still available under the same conditions. The participation assets and rules of a historical event do not automatically continue as ongoing functions of MEME.

Q: What is the relationship between MEME and the Memeland ecosystem?

The relationship between MEME and Memeland is that of an ecosystem token and an ecosystem project: Memeland's public positioning focuses on developing and investing in communities, MEME, NFTs, and social products, while MEME is listed as a component of, and the native ecosystem token for, that ecosystem. This definition is used to identify the project's scope; it does not make every product, NFT, or community activity in the ecosystem a definite right of token holders. Whether a specific use case, eligibility criterion, or economic right exists must be separately specified by the relevant product or rules.

Rank 615

$0.0004069

-$0.0000158(-3.75%)

Market Cap

$26.55M

24h High

$0.0004236

24h Low

$0.0003829

24h Turnover

$42.67K

Total Supply

69.00B

Market Sentiment

Neutral

Price of Memecoin (MEME) Today in USD

View Memecoin (MEME) Price Prediction

The live price of Memecoin (MEME) today is $0.0004069, with a 24h change of -3.75%. Over the same period, the low was $0.0003829, the high was $0.0004236, and the 24h trading volume was $42.67K. The current market cap is approximately $26.55M. It ranks #615 by market cap and accounts for 0.00% of the total crypto market cap. The all-time high was $0.0563240 (⁦2024-03-04⁩); the current price is -99.28% from the all-time high.

Memecoin (MEME) Price History

7 Days
-8.18%
Low
$0.0003829
High
$0.0004502
30 Days
-28.28%
Low
$0.0003829
High
$0.0005870
90 Days
-19.09%
Low
$0.0003829
High
$0.0006612
1 Year
-71.23%
Low
$0.0003829
High
$0.0018820

Fear & Greed Index

0 Extreme Fear100 Extreme Greed

Yesterday: 50; Normal
Last Week: 30; Fear
Last Month: 71; Greed

The Fear & Greed Index is currently 28/100, in the Fear zone; change from yesterday: -22, from last week: -2, and from last month: -43. Lower values indicate more fearful sentiment, while higher values indicate more greedy sentiment. This does not represent price change.

Why Did Memecoin (MEME) Fall in the Last 24 Hours?

The target asset is Memecoin (MEME, ETH contract), while the report’s order-book data, technical indicators, and main subject refer to a different asset. They cannot explain Memecoin’s price movement.

About Memecoin (MEME)

Memecoin (MEME) is the native ecosystem token of Memeland. Memeland is the web3 venture studio by 9GAG, the globally popular meme platform.

Use Cases and Features

Memecoin (MEME) is the ecosystem token of Memeland. Created by the 9GAG team, Memeland develops community-focused social products and MEME- and NFT-related projects; MEME is one of the crypto assets used in this ecosystem.

Supply and Issuance Mechanism

MEME has a total supply and maximum supply of 69 billion tokens each. In 2023, 1.38 billion MEME, or 2% of the total, was allocated for Launchpool rewards.

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Memecoin (MEME) Basics & Market Insights

Fundamentals

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Frequently Asked Questions About Memecoin (MEME)

What is MEME?

What is MEME's supply?

What did the 2023 Launchpool allocation represent in the supply structure?

What is the relationship between MEME and the Memeland ecosystem?

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