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Memereum presale nears 26M tokens sold despite Bitcoin at $65,000

Published 07/02/2024, 08:04 AM
Updated 07/02/2024, 08:30 AM
© Reuters.  Memereum presale nears 26M tokens sold despite Bitcoin at $65,000
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Monaco City, Monaco, July 2nd, 2024, Chainwire

Memereum, offering the first blockchain insurance, through its decentralised exchange MemeSwap, has seen a surge of demand in its presale, with recently selling over 1M tokens just within a few hours and nearing 26 million tokens sold on its presale.

Bitcoin Price Experiences UncertaintyDespite the recent rebound in Bitcoin’s price, short-term holders are currently experiencing losses. This situation could influence selling activity, potentially leading to the $65,000 support level breaking down according to CoinDesk.

What does Memereum offer?Recently, Memereum has launched the first decentralised exchange MemeSwap with specific tokens in their Beta version, covered with its insurance. It also aims to offer insurance against devaluation of fiat currencies and metal coins.

Memereum PresaleWith the current presale price set at $0.041 and the launch price anticipated by the team to be potentially higher by 10x, Memereum offers an opportunity for early investors to enter at a low price with the potential for returns. The presale structure includes a strategic price increase every 72 hours, aiming to encourage early participation.

Staking Rewards ProgramMemereum states they have an automatic staking system with 183% annual percentage yield (APY). This yield aims to attract participants by providing notable rewards, positioning Memereum as an option for those interested in exploring new opportunities in the crypto space.

About Memereum (MEME)The potential attraction to Memereum (MEME) can be attributed to its innovative approach in the blockchain sector and its growing community support. Memereum is the first blockchain insurance with an integrated DEX for supported token trading. Users can learn more about Memereum by clicking here.

ContactBessie CooperMemereumsupport@memereum.net

This article was originally published on Chainwire

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