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MEMECOIN – Absurdity Squared
– When I decided to create a memecoin and distribute all 100% to the community! Not like your @#$%
Hello everyone, this is the Memecoin team. Some time ago, we decided that instead of a bunch of unclear coins circulating in the news, we would create one single MEMECOIN for you. The one that embodies the current hype of the crypto market in 2024.
Our main difference is that all 100% of MEMECOIN will be distributed to active community members!
How did it all start?
Five months ago, we launched the coin, poured a trillion of its issuance into the pool for pennies, and waited for someone to buy. It was a punk move, and it was important for us to show how sometimes all the most valuable things lie somewhere close by. Only a few guessed that the MEMECOIN ticker hid more future!
Today, we are preparing to launch absurdity squared. The memecoin named after itself begins life-long farming, namely until all issued coins run out.
Farming will double every year:
– By the end of the year, we will give the pool 1 billion coins
– In 2025 – 2 billion
– In 2026 – 4 billion
– And so on
But there is one nuance: farming is distributed only if the token's price has doubled over the year.
What does this mean?
We believe that community cohesion can create value for the coin. For example, people can coordinate their actions and gain more than by competing. Therefore, when the demand for memecoin grows, so does its price, meaning the next batch of coins can be given out in farming, distributing rewards to the addresses of the MEMECOIN-BIP pool participants. If the price has not increased, the memecoins are burned until the market reaches the expected indicator.
Community cohesion allows receiving rewards. If it is absent – the emission is gradually burned. Irretrievably!
A trillion MEMECOIN will last for about 10 years, and in the last year, 512 billion coins will be mined.
To start receiving these rewards, you need to add liquidity to the MEMECOIN-BIP pool (https://chainik.io/token/MEMECOIN). Ask questions in the comments if you need help.
Remember, last night at the start, the team donated 453 million memecoins and 1 million BIP to the pool. And the LP token was sent to a zero address, so no one could ever access it. This address also participates in farming, essentially burning all the incoming memecoins to its share.
Therefore, if the liquidity providers become few at some point, most of the issuance will go to the zero address. This is how we invented the difficulty auto-balancer.
In any case – all 100% will go to the MEMECOIN community, as can be verified by the blockchain records.
As you understand, for all this squared absurdity to start, members of the Memenomics community (https://www.tg-me.com/memenomix) must begin adding MEMECOIN with BIP to the pool. Otherwise, memecoins will fly to the zero address, creating an additional deficit on the coins.
We set the starting price of MEMECOIN at $0.0001 – the price of 2024. To activate 2 billion next year, the price must be $0.0002 and above on December 31.
What do you think the price growth chart of MEMECOIN will be over the years? Let's share predictions in the comments.
@meeeeeeeeeeeeemeeeeeeeeeeeeecoin
BY Minter Network
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