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MemeFi as name suggests project is based on Meme and GameFi that allow users to have experience of PvP and PvE gameplay. MemeFi emerges with telegram mini application cutting technology, which we can relate to Notcoin, Dogs and Hamster Project. They started their project with the launch of Telegram app and now they are sitting with over 21+ million active participants. Interestingly, MemeFi chose Sui blockchain network over Ton network, as they expected to have faster in-game transactions and high scalability.
If you die hard Crypto trader you must have heard about this catchphrase i.e. “wen Lambo”, which means when the user can buy a Lamborghini car. Following this famous catchphrase MemeFi already announced the winner of Lambo Car and this event helped them gain a massive community within a few weeks of gap. However, weekly ETH rewards are also one of the reasons why people started taking more interest in the project. But, some of the premium tasks that also involve spending telegram stars and buying premium combos has helped them generate revenue from users.
MemeFi since its launch main focus is to improve spin raffle game, as actual gameplay has not yet started so, people are currently spending more stars on different in-game tasks. Right now, Project is approaching towards launch, as criteria already announced, in which 5 important tasks will be deciding user allocation for airdrop. As per a recent announcement, users must have Memefi Premium, must have 50+ millions coins, complete tron transactions, Telegram star spending and giveaway Participation. Game launch will be more interesting, competitive and will be having skill based features.
MemeFi Price Prediction
MemeFi followed by a token generation event, will be introducing its utility and unique model to prevent price drop. MemeFi will act as the main in-game currency that directly has involvement for different item purchase, task participation and winning distribution. MemeFi official TGE and listing will be taking place on 22nd November 2024 and deposit on OKX will be starting from 11th november 2024. MemeFi token listing on exchanges list is quite impressive, as project official listing will be taking place on OKX, Kucoin, MEXE, Gate, Bybit and more. As we mentioned earlier, tokens will be created on top of Sui Network, which means on-chain trading will be on Cetus decentralized Exchange.
MemeFi Token Pre-Market Prediction
Now let’s talk about actual topic i.e. Price Prediction of MemeFi Token then we can see price trading around $0.02 USD. As of writing, Trump’s election win has massively boosted the crypto market. Since the last 5 days Bitcoin hit a new all time high, today Bitcoin has reached the $80K mark. Sui Blockchain performance in the bull market and its daily growing volume is another positive news for the project, as we have seen Sui cross the $3 USD target. Volume and scalability has been tested for Sui network and considering community and market sentiment MemeFi has potential to do wonders in the price performance.
Again, we have seen lots of failure of recent Telegram app based launches and recently with some negativity spreading around the project. We have seen, many users have been disappointed with their new tasks that become compulsory in order to receive airdrop allocation. However, price is not playing a major role here, because we have seen projects launched with good prices but actual allocation has done damages to community earning. Memefi pre-market is currently different on OKX, Kucoin, but we have a token listing below pre-market could not be the case for this project. As, Project have indirectly raised huge amounts from users in the form of tron transaction, spending stars campaign and many more
MemeFi Analysis
First question is MemeFi, another dust from telegram mini app series, as it is hard to answer but i will say its up to market situation and airdrop allocation to community. Sui network based token spotted doing huge correction and price reversal since beginning of bull run and if MemeFi makes statement day 1 trading volume and community hold their token allocation after listing then we could see major push in the ranking as well as trading volume. Token has a huge total supply and considering that distribution criteria must be fair and equal within the community.
Project working on post launch events and however, Lambo event winner announcement not able to create expected buzz in market. So far, this gaming platform has distributed millions worth rewards including Lambo Car, ETH, USDT and many more. Similarly, MemeFi in-game assets should have higher prices in order to retain their user on the platform, because we have seen massive unfollow events after failure of projects like Hamster, X Empire and more. Hope, we could see Predicted MemeFi Price Prediction could not reality, so do your analysis.
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