Projects listed: 276 |
BTC Dominance: 0.00% | Volume (24h): $46,096,149,727 | Market Cap: $2,511,967,538,660
Memecoin
MEME
$0.01
Sector
Meme
Exchange Debut
2023-11-03
Market Cap
337,021,005
Maxim Supply
∞
Circulating Supply
22,565,971,990
Circ. Supply(%)
∞
Memecoin
MEME
Price
$0.01
Market Cap
Sector
Exchange Debut
Volume 24h
High 24h
Low 24h
28137434
0.016270325859
0.014526467663
Change 24h
Change 7d
Change 30d
-6.7476
-10.7114
-24.4505
Maxim supply
Circulating supply
Circulating supply(%)
∞
22,565,971,990
∞
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.
- Latest analysis update: November 4, 2023
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.
