Buy Memecoin (MEME)
What is Memecoin?
Memecoin (MEME) is an ERC-20 token built on the Ethereum blockchain. It is a humorous and community-driven digital asset inspired by internet memes. Memecoin fosters a fun ecosystem where users can engage through trading, events, and meme-themed initiatives. It has a fixed total supply of 69 billion tokens and is designed to promote a lighthearted cryptocurrency experience centred on meme culture.
How does Memecoin work?
Memecoin operates on the Ethereum blockchain, utilising the Proof of Stake (PoS) consensus mechanism implemented by Ethereum. It adheres to the ERC-20 token standard, which ensures compatibility and secure operations through smart contracts. While Memecoin does not specify unique algorithms beyond Ethereum’s cryptographic framework, its operations are supported by Ethereum’s robust and decentralised infrastructure. Further technical details can be explored in the whitepaper.
What are the potential use cases for Memecoin?
Memecoin has several potential applications, including:
- Digital asset for trading and speculation: As a fun and engaging token, it appeals to traders and investors interested in meme culture.
- Participation in community-driven events: Memecoin holders can take part in various meme-themed initiatives and activities.
- Integration into meme-themed games and platforms: The token may be incorporated into entertainment platforms that align with meme culture.
Industries benefiting from Memecoin include cryptocurrency, digital entertainment, and online communities.
What is the history of Memecoin?
Memecoin was created to capitalise on the popularity of internet memes and emulate the success of earlier meme-based cryptocurrencies like Dogecoin. The project launched with a total supply of 69 billion tokens, but details about the founding team and further milestones are not disclosed. The token's evolution has focused on building a community around meme culture while exploring its potential in the crypto market.
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Frequently Asked Questions (FAQs)
What is the current price of Memecoin (MEME)?
The Memecoin price is $0.01337691 AUD, representing a -15.31% from the day prior.
Where is the best place to buy Memecoin (MEME) in Australia?
The best place to buy Memecoin (MEME) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Memecoin (MEME) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Memecoin (MEME)?
The trading volume of Memecoin (MEME) is $336.4M AUD in the last 24hrs, representing a -15.31% from the day prior.
How can I buy Memecoin (MEME)?
Memecoin (MEME) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Memecoin (MEME)?
The current market cap of Memecoin (MEME) is $486.7M AUD.
Can I convert Memecoin (MEME) to cash?
Yes - With Coinstash you can convert your Memecoin (MEME) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Memecoin (MEME) are there?
The current circulating supply of Memecoin (MEME) is 36.5B.
Is Coinstash a safe place to buy Memecoin (MEME) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Memecoin (MEME) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.