MemeX is a new platform for creating and trading memecoins, designed to simplify the process and engage a broader audience.
What is MemeX?
MemeX is a memecoin launch platform built on the MemeCore blockchain that makes meme culture more accessible. The platform allows users to create, launch, and monetize their own memecoins without technical expertise. Its core mechanisms include liquidity management through bonding and rewards systems for community engagement.
How MemeX and MemeCore Work Together?
MemeX is a flagship DApp within the MemeCore ecosystem, supported by a $7 million investment. MemeCore is an EVM-compatible layer one blockchain designed to support the memecoin economy. The token $M plays a critical role in reward distribution and platform functionality.
MemeX Mechanics and Tokenomics
MemeX utilizes the MRC-20 standard for its tokens with a fixed supply of 1 billion tokens. When users launch new memecoins, a significant portion of tokens is allocated for bonding and liquidity. The token distribution is primarily aimed at creating a sustainable and active meme economy.
MemeX offers a new approach to creating and participating in the memecoin economy, making it more accessible and community-oriented.