Memecoin
MEME
Watchlist
₹0.97
LIVE
Watchlist
24H Low ₹0.86
24H High ₹0.98
Price of MEME today
The current live price of MEME today is ₹0.97, with a 24-hour trading volume of ₹3,16,00,47,197.43. Our MEME to INR price is updated in real-time. MEME has seen a increment of 12.89% in the last 24 hours. With a live market cap of ₹27,54,33,29,620.97 , the circulating supply is at 28,254,678,049 MEME coins, with a maximum supply of 69,000,000,000MEME coins.
Memecoin Price History
Date Comparison | Amount Change | % Change |
---|---|---|
Today | ₹0.11 | 12.79% |
7 Days | ₹0.07 | 7.83% |
30 Days | ₹0.11 | 12.68% |
1 Year | ₹0.00 | 0% |
Memecoin Price Information
Price Change (1hr)
12.52%
Price Change (24hr)
12.79%
Price Change (7d)
7.83%
Memecoin Market Stats
Market Cap
₹27,54,33,29,620.97
Fully Diluted Market Cap
₹67,26,28,34,869.42
24hr Volume
₹3,16,00,47,197.43
52.01%
Circulating Supply
28254678048.5 MEME
Total Supply
69000000000 MEME
Things to know about Memecoin
What is Memecoin (MEME) Token?
Memecoin (MEME) is a digital token that is compatible with the ERC-20 token standard. It is the native ecosystem token of Memeland, a web3 venture studio by 9GAG, the globally popular meme platform. Memecoin is described as literally a meme coin, with no utility, no roadmap, no promises, and no expectation of financial return, focusing entirely on the meme culture.
Tokenomics
Total Supply:
69 billion MEME tokens.
Circulating Supply:
11,652,571,179 MEME as of the latest update.
Allocation:
Binance Launchpool (2%), Community (11%), Airdrops (25%), Ecosystem (30%), Advisors (3%), Investors (12%), Teams (17%).
Sale Price during ICO/IDO:
$0.001 per MEME.
Deflationary Mechanism:
1% of MEME tokens are automatically burned during blockchain transactions.
Market Data
As of today #{today’s date}, the price of Memecoin is ₹0.97 INR or 0.01103 USD, with a 24-hour trading volume of 35787623.98 USD. The market capitalization for Memecoin is 311928987.78USD. The circulating supply is 28254678048.5 Memecoin, with the total supply also being 69000000000 Memecoin.
Token Pros and Cons
Pros:
Backed by a well-known brand (9GAG), potentially increasing its visibility and adoption.
The unique deflationary mechanism that could enhance its value over time by reducing supply.
Active and growing community support on various social media platforms.
Raised significant funds during presales, indicating investor interest.
Part of a broader ecosystem (Memeland) that could drive future developments.
Cons:
No utility or intrinsic value, limiting its use cases.
High risk and volatility are common among meme coins.
There is no roadmap or clear future development plans.
Potential for being viewed as a pump-and-dump scheme.
Reliance on meme culture may limit long-term sustainability.
Why Should You Invest in the Coin?
Strong backing and community engagement from the global network of 9GAG.
Potential for significant returns due to its deflationary nature and limited supply.
High visibility and marketing potential, leveraging 9GAG’s extensive reach.
Early investment opportunity in a project associated with a successful web3 venture studio.
The novelty factor of a meme coin could attract speculative interest and short-term gains.
USP of the Coin
Strong brand association with 9GAG, a leader in global meme culture.
Deflationary tokenomics is designed to potentially increase value over time.
It focuses purely on the meme culture, differentiating it from other cryptocurrencies with specific utilities or roadmaps.
Problem the Coin is Solving
Memecoin does not aim to solve a specific problem; instead, it embraces the meme culture and seeks to engage and unite the community around the humor and virality of memes. It’s a project that highlights the lighter side of the cryptocurrency world, focusing on community engagement and entertainment rather than utility or financial return.
Founder and Team Background
The team behind Memecoin is associated with Memeland and 9GAG, a well-known global platform for sharing memes and viral content. The founders and team have a background in creating and scaling social platforms, leveraging community engagement for growth. However, specific details about the individuals involved are not prominently disclosed.
ICO Price
ICO Price:
$0.001 per MEME.
Listing Date:
Not explicitly mentioned, but the token sale details refer to events in October 2023.
Initial Allocated Units:
7,590,000,000 MEME for the community and 8,280,000,000 MEME for investors in presales.
Risks Associated in Investing in the Coin
Lack of utility and intrinsic value could limit long-term growth potential.
High volatility and risk are characteristic of meme coins.
The absence of a roadmap or clear development plans may deter some investors.
Potential regulatory risks associated with investing in cryptocurrencies, especially meme coins.
Reliance on community engagement and meme culture may not sustain long-term interest.
Summary of the Whitepaper
The Memecoin whitepaper outlines the tokenomics, distribution, and the overarching philosophy behind the MEME token. It emphasizes that Memecoin is a digital token with no inherent utility, roadmap, or promises of financial return. The project is presented as an embodiment of meme culture, aiming to engage and unite a community around the concept of memes.
The total supply of MEME tokens is fixed at 69 billion, with a detailed allocation plan for various stakeholders, including the community, ecosystem, advisors, investors, and the team. A notable feature of Memecoin is its deflationary mechanism, where 1% of MEME tokens are automatically burned during transactions, potentially reducing the circulating supply over time and enhancing the token’s value.
Memecoin is part of the broader Memeland ecosystem, a web3 venture studio initiated by the team behind 9GAG. This association leverages the global reach and community engagement of 9GAG to promote Memecoin. The project aims to capitalize on the viral nature of memes, fostering a dedicated community of supporters across social media platforms.
The whitepaper candidly acknowledges that MEME has no functions, utility, or intrinsic value. It is designed purely for entertainment purposes, reflecting the whimsical and often unpredictable nature of meme culture. The project’s transparency about its intentions and the lack of promises regarding financial returns or ecosystem development is highlighted as part of its unique approach.
In conclusion, the Memecoin whitepaper presents a project that is distinctly focused on community engagement and the celebration of meme culture. It positions MEME as a token for those interested in participating in a lighthearted, meme-centric community rather than seeking traditional investment returns or utility from a cryptocurrency.
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Price as per 12:06 PM • 12 Oct 2024
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What is the price of Memecoin (MEME)?
The current price of Memecoin (MEME) in INR is ₹0.97 INR.
What is the current MEME market cap?
The current market capitalization of Memecoin (MEME) is ₹27,54,33,29,620.97 INR. This value represents the total market value of all coins in circulation, calculated by multiplying the current price of MEME by the number of coins in circulation.
What is the current supply of Memecoin (MEME)?
The current supply of Memecoin (MEME) is 28254678048.5 MEME. This figure represents the total number of coins that have been mined and are currently in circulation.
What is the 24 trading volume of Memecoin (MEME)?
The 24-hour trading volume of Memecoin (MEME) in INR is ₹3,16,00,47,197.43. This figure represents the total value of all MEME transactions across various exchanges within the last 24 hours.
How to Buy Memecoin (MEME) in India?
To buy Memecoin (MEME) via Mudrex, simply sign up and create an account on their platform. Proceed by completing the KYC process to verify your identity. Once verified, deposit funds into your account using the available methods. With your account funded, you're all set to start investing in MEME.
Can I buy Memecoin (MEME) with UPI?
Yes, you can buy Memecoin (MEME) with UPI on Mudrex, which accepts payments through popular UPI apps like Paytm, PhonePe, and Google Pay, offering a convenient and quick way to invest.
How to Convert Memecoin (MEME) to Indian Rupee (INR)?
To convert Memecoin (MEME) to Indian Rupee (INR), you can use our MEME/INR conversion rates in real time.