The Pepe is one of the most famous coins in history.
The frog-themed meme coin has jumped 31,265.69% since April 17, 2023. What makes Pepe’s journey more fascinating than the rest of the meme market is its unique theme.
While four of the top five meme coins are dog coins, Pepe dared to venture further. It is currently the third largest meme coin in the world with a massive market cap of $3.6 billion.
Oracle Meme: A utility-rich meme coin with a creative new concept
like baby, Oracle Meme ($OMEME) It is a new meme currency that is not limited to the traditional framework. It explores beyond the concepts of pet coins and brings something new to the market.
Oracle Meme has innovative AI features that include:
Meme AI Generator: The process of creating memes is simplified with AI-generated suggestions, customizable elements, and easy sharing options.
Meme coin generator: Enabling users to easily create their own meme coins, regardless of technical expertise.
Mimi network layer 2: A scalable and efficient solution for fast and cost-effective transactions across Oracle Meme and its partner platforms.
Mimi wallet: A central hub for convenient management of all memes in one place.
Meme Launchpad: Smooth launches of new meme coins. Provides early investment opportunities for $OMEME token holders.
Due to the viral combination of AI and currency memes, $OMEME is expected to become the next big cryptocurrency in 2024.
Along with the aforementioned meme-focused platforms, Oracle Meme plans to launch products in line with the ever-evolving trends in the market.
The overall goal of the project is to promote the coin industry and take it to more creators, investors and users.
A robust tokenization framework that supports the long-term price movement of $OMEME tokens
$OMEME’s token allocation strategy is carefully designed to support sustainable growth.
For example, investors can start signing tokens right from the pre-sale. By locking their token into a staking contract, they can earn attractive rewards.
$OMEME has a maximum supply of 50 billion tokens. The pre-bid ratio is 40%, underscoring the community-based foundation of the project. The funds generated from the pre-sale will be directed to project development, marketing and liquidity.
$OMEME will be used for various functions such as staking, microtransactions, voting and governance mechanisms, and tipping among others.
As the project matures, Oracle meme The token will be used to develop collaboration across various sectors including gaming and decentralized finance. It will grow into a versatile icon with potential impact across different fields.
What is behind this strategic allocation?
Meme coins are vulnerable to initial pump-and-dump schemes.
Here, investors store coins in pre-sale at low costs. Once the coin climbs to the top of the charts, it instantly sells its tokens at gains ranging from 1X to 10X. As the price falls, most investors will follow suit, causing the token to fall to new lows.
Since most meme coins have a short shelf life, the strategy works well for early investors.
But for the project, it makes the road ahead particularly difficult. They struggle to recover value once the unloading process begins.
Staking has proven to be a great strategy for mitigating sales in the early stages. For the investor, staking translates into an attractive interest. The longer you hold your token, the greater your staking rewards. It accumulates over time.
By allocating 10 billion tokens as staking rewards, which constitute 20% of the total token supply, Oracle Meme incentivizes investors to hold their tokens. It discourages premature sell-offs and enhances the long-term price movement of the token.
In the early presale, the Annual Percentage Yield (APY) can rise to a staggering 107%. The bonus rate is hard to overlook, as it is much higher than the industry standard, which is often single digits.
Where to buy $OMEME tokens?
Oracle Meme is launching a presale for its native token $OMEME, starting May 27, 2024.
The pre-sale provides an exclusive opportunity for early investors to acquire the token at discounted prices. Before the preview begins, the project is focused on caring for its community.
This community building strategy has achieved positive results. The growing $OMEME community is reminiscent of successful memes like the Shiba Inu and Pepe in their early days.
Once the pre-sale is sold out, investors will have to acquire the token from cryptocurrency exchanges. If the growing interest in the project is any indication, an action-packed bull market is coming. This will make the token too expensive for late investors.
It remains to be seen if $OMEME can reach 100X.
But with both AI-powered cryptocurrencies and meme currencies boasting market caps in the billions, OMEME in dollars shows great promise.
Visit the Oracle Meme website
Disclaimer: The above text is an advertising article and is not part of Cryptonews.com editorial content.