The post Mememagic (MMMG) – The world’s first meme coin on the Solana Chain-Based appeared first on Coinpedia Fintech News
Presenting Mememagic (MMMG), the world’s first meme coin on the Solana Chain-Based, which launched its IEO, burned 91% of its total supply, achieved 20K+ holders, reached 100K transactions, and witnessed a spectacular 2800% price rise in just 24 hours.
According to the community, Mememagic’s upcoming token sale will release 10 billion Mememagic (MMMG) tokens for public sale, aiming to establish an open, decentralized, community-driven economy. The token sale, set to commence on June 27th at 08:00 UTC, has the primary objective of achieving an appropriate price for the MMMG token and showcasing its real-world functionality.
“This initiative is primarily established and elected by the community for the community.” The community determines the market projections, including the token’s price and supply.
As a community-based token, MemeMagic appreciates in value with each purchase. Every token purchase automatically triggers a burn, effectively controlling the total number of tokens in circulation. This mechanism is a key factor behind MemeMagic’s uniqueness.
Ex: In the IEO sale, if anyone purchased 100 MemeMagic (MMMG) tokens, the buyer will receive 100 MemeMagic (MMMG) tokens, and at the same time, 100 MemeMagic (MMMG) tokens will be sent to the burning wallet automatically. This burning process will continue until the IEO sale is completed.
This may be the first instance in the crypto industry, which is also a characteristic of the Solana chain in the first series, burning 91% of the total supply and benefiting all community members.
As a result, the token successfully reached over 100,000 transactions, and the price of the token increased by 2,850% in more than 24 hours without being listed on any exchanges.
The token gained over 20,000 holders in one night, which is a significant boost. Additionally, the community sent another 1% of the management holdings to a burning wallet. Therefore, after the IEO sale, we can estimate the price of the token to be between $3.00 and $7.00 during the exchange listing, with expectations of reaching 10 million holders.
This is not the first time many other meme tokens have achieved profits of 1,000% to 22,000% in five months, like PEPE, POPCAT, WIF, BRETT, BONK, and MEW. Don’t miss this chance to get 5,000% returns with MMMG again, but only if purchased from the IEO sale.
In addition to these benefits, you can effortlessly boost your income with our 5-Level Referral Program. By simply referring friends and expanding your network, you can earn a total of 8% commission from the first purchases made through your referral chain. This commission is directly deposited into your wallet. Also, if any user buys MMMG tokens on the Solana chain, they receive a 10% bonus, a 5% bonus on the TON chain, and a 3% bonus for all EVM chains.
Now, all meme token owners use MemeMagic to exchange their coins, and even Solana chain meme holders have invested in this.
IEO Sale is Ongoing
From the total supply of 10 billion tokens, Mememagic’s team burned 4.5 billion MMMG tokens at $0.000001 each. Through this, 90% of the tokens were burned, and $45,000 was added to the liquidity pool. Again, the Mememagic team burned 50 million MMMG tokens at $0.00001 each. As a result, $50,000 was added to the liquidity pool, and 91% of the token was burned. After this burning event, since the owners did not keep any tokens, Mememagic became a fully community-owned token.
The IEO sale started at $0.0001, and within 24 hours, it reached over 100K+ transactions, gained 20k+ holders, and raised 1 million USD in the liquidity pool.
Now, the IEO sale is running at $0.00115. Everyone can participate in this offer without missing out.
Website: https://mememagic.world/
Telegram: https://t.me/Mememagic_officiall
Twitter: https://x.com/Mememagic_world