memecoin logo
Memecoin
MEME
$0.02

Sector

Meme

Exchange Debut

2023-11-03

Market Cap

411,509,673

Maxim Supply

Circulating Supply

20,576,074,525

Circ. Supply(%)

memecoin logo

Memecoin

MEME

Price

$0.02

Market Cap

Sector

Exchange Debut

411,509,673
2023-11-03

Volume 24h

High 24h

Low 24h

38410002
0.020042812859
0.018059286093

Change 24h

Change 7d

Change 30d

4.1567
3.2025
-28.6483

Maxim supply

Circulating supply

Circulating supply(%)

20,576,074,525

The opinion of artificial intelligence (AI), based on the fundamental analysis of the Memecoin – MEME cryptocurrency:

 

Memecoin (MEME) presents itself as a unique cryptocurrency with a candid stance on its lack of utility and value. However, its appeal seems to be rooted in its novelty and ironic nature. This fundamental analysis of the Memecoin – MEME cryptocurrency reveals a mixed bag of strengths and weaknesses, with an overall score of 3.59 out of 10.

SOCIAL & MASS MEDIA: Score 8.2 out of 10

Memecoin has managed to captivate audiences on social media platforms, enjoying a robust following and community activity, evidenced by its perfect scores in attracting followers, community activity, and media presence. However, the activities of its social media administrators leave much to be desired.

AUDIT & SECURITY: Score 4.05 out of 10

While liquidity on exchanges is commendable for MEME, it’s concerning to note the average scores in transparency and especially in the results of audits. Security is a crucial factor in the fundamental analysis of the Memecoin – MEME cryptocurrency, and these scores indicate potential vulnerabilities.

TOKENOMICS: Score 2.5 out of 10

The economic structure of MEME raises concerns. With high inflation and centralized monetary mass, it falls short in offering a stable and decentralized economic model.

ECOSYSTEM DEVELOPMENT: Score 2.4 out of 10

Despite there being no concrete roadmap, MEME scores moderately in achieving objectives and potential future developments. However, the lack of commitment to ecosystem development is evident.

TEAM & DEVELOPERS: Score 3.4 out of 10

The team behind MEME has garnered some experience in the crypto realm. Yet, the low number of software developers is concerning, as it can limit the project’s scalability and improvements.

PRODUCT & UTILITY: Score 1.8 out of 10

MEME’s token utility within its ecosystem scored slightly better than its overall product utility. Still, the token’s self-proclaimed lack of purpose is clearly mirrored in these scores.

PARTNERS & INVESTORS: Score 4 out of 10

The capacity of investors shows promise. However, the quality and number of partnerships are average, suggesting that MEME might struggle to establish strong collaborations in the future.

Fundamental analysis of the Memecoin – MEME cryptocurrency – The final conclusion

Delving into the fundamental analysis of the Memecoin – MEME cryptocurrency, it’s evident that while MEME has a strong social media presence and certain investor interest, its shortcomings in utility, security, and team development pose significant risks. Potential investors should exercise caution and consider the project’s ironic nature and its self-admitted lack of purpose. Despite its vibrant community, from a purely analytical standpoint, its long-term viability and return on investment remain uncertain.

What is Memecoin?

Understanding Memecoin: An Overview

The digital token, Memecoin (“MEME”), adheres to the ERC-20 token standard. Interestingly, it possesses no utility, functions, or intrinsic value. Contrary to other tokens, MEME offers neither a roadmap nor any assurance of developing an ecosystem. Essentially, it serves no real purpose but pure entertainment.

Clarity on MEME’s Non-Functionalities

A fundamental analysis of the Memecoin – MEME Cryptocurrency reveals it is not designed or intended as a medium of exchange, a representation of money, or any form of financial instrument. Additionally, MEME does not entail voting rights, shareholding, or any rights linked to the Memeland Group. Nor does it symbolize entitlement to dividends, profits, or other returns. It cannot be exchanged for cash or its digital equivalent.

Listing and Exchange Information

It’s crucial to note that there’s no commitment to list MEME on any exchange platform.

Whitepaper and Websites: Purpose and Disclaimer

The information provided in the Whitepaper and associated Websites serves only informational purposes. They shouldn’t be interpreted as an offer document or an invitation for investment. Their content doesn’t guarantee the accuracy of the details provided and should not be the basis of any contract or investment decision. The information is meant for community discussion and doesn’t have any legal binding. The Memeland Group hasn’t made any binding commitment and has no obligation to update the information.

Regulatory Compliance and Updates

No regulatory body has reviewed or endorsed the details in the Whitepaper or Websites. The content’s publication doesn’t imply compliance with regulatory requirements. The data in the Whitepaper is only as accurate as its latest version, and there’s no obligation to provide updates.

By understanding this summary, potential investors or users can make informed decisions on the Memecoin – MEME Cryptocurrency, taking into account its clear lack of utility and function.

Fundamental analysis of the Memecoin - MEME cryptocurrency

Memecoin - MEME performance

GENERAL CRITERIA:

Score

SOCIAL & MASS MEDIA
0
AUDIT & SECURITY
0
TOKENOMICS
0
ECOSYSTEM DEVELOPMENT
0
TEAM & DEVELOPERS
0
PRODUCT & UTILITY
0
PARTNERS & INVESTORS
0
Content description – Go to Metholodogy

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

Go to Methodology

Content description

Social & Mass Media In this section was taken into consideration the intensity of the activity of the social media page of the administrators , the speed of the community growth, the user interaction with the pages and as well the number of media appearances in the most important trade publications.

Audit & Security In particular, the team looks if the project is audited, how extensive the audit is,  at the bug bounty program, if it had incidents or not, at the liquidity on the exchanges and at the transparency of the information provided.

Tokenomics Under this criterion it is analyzed whether the project is inflationary or not, whether it has maximum supply, the percentage of supply released into the market at the time of the analysis, the rate of inflation per year, the distribution of supply in the portfolios as well as the vesting plan.

Ecosistem Development In this section is checked if the project has delivered on time what it proposed in the roadmap, the degree of participation in the project governance of the community, the activity and intensity of the developments published on github and what products or applications the team proposes to develop in the future.

Team & Developers It checks if the team is public, the quality of the team behind the project, the number of members on different domains, the experience in IT, finance and cryptography, the traceability of published information about team members and as well the number of developers in the project.

Product & Utility It checks if there are functional products, the number of users and the revenues generated by these products, the sustainability of the project and the usefulness offered in the cryptographic space and as well as in other fields of activity.

Partners & Investors It analyzes the partners and the degree of their involvement in the project, the capacity of investors and investment funds that can contribute substantially to the development of the ecosystem.

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