Cheems (cheems.pet)

General Characteristics

Cheems is a memecoin launched on the Binance Smart Chain (BSC), combining humor and community-driven goals to create a unique cryptocurrency experience. Its name and branding are inspired by the popular internet meme featuring a Shiba Inu dog known as "Cheems."

The project aims to leverage the viral potential of memes while providing users with functionality and a decentralized ecosystem. Since its launch, Cheems has built a growing community and gained traction among investors looking for lighthearted yet promising projects.

Key Features:

Blockchain: Binance Smart Chain (BSC)
Launch Date: May 12, 2021
Focus: Meme-based branding and community engagement
Tokenomics: Cheems employs a total supply of 203.67 trillion tokens, with a circulating supply of 187.50 trillion tokens

Purpose:

Entertain and reward its holders through community events and token utility
Serve as a platform for decentralized applications (dApps) and charity donations

Community

Cheems has built an active and engaged community, emphasizing meme culture, transparency, and inclusivity. The project prioritizes consistent communication through social media and messaging platforms.

Community Metrics:

Twitter: 56.7K followers, highlighting strong engagement and a global audience
Telegram: Nearly 6,000 members actively discussing and sharing updates

Key Community Goals:

Expanding social media presence to reach a larger audience
Organizing campaigns and giveaways to attract new users
Fostering collaboration between Cheems supporters for marketing and innovation

Roadmap

The Cheems team has outlined an ambitious roadmap that combines growth strategies and technical development. Their goals include building trust within the crypto space and maintaining a sustainable token ecosystem.

Milestones:

Phase 1: Launch and initial marketing campaigns to gain traction
Phase 2: Partnerships with meme influencers and integration into dApps
Phase 3: Token listing on major exchanges to improve accessibility
Phase 4: Development of welfare programs for charitable contributions

The roadmap emphasizes the Cheems project's long-term focus on both community engagement and real-world impact.

Functionality and Utility

Beyond its meme-driven origins, Cheems provides functionality within the cryptocurrency ecosystem, ensuring it retains value and appeal among its users.

Core Utilities:

Liquidity provision for decentralized exchanges like PancakeSwap
Integration with decentralized applications (dApps) for broader utility
Facilitating community fundraising and welfare programs

Additionally, Cheems token holders can benefit from staking, allowing them to earn rewards while supporting network growth.

Market Performance

The market performance of Cheems has seen fluctuations characteristic of many memecoins, but it remains active with significant trading volume and a broad presence across multiple exchanges.

Key Statistics:

Current Price: $0.069037
Market Cap: $169.44M
Circulating Supply: 187.50 trillion tokens
Total Volume (24h): $29.02M

The token is traded on various platforms, making it accessible to users globally.

Pros, if briefly

Highlights:

Strong and active community backing
Viral marketing potential due to meme culture
Accessible on multiple trading platforms

Official Links

Official Website

Twitter

Where to Buy

Cheems tokens can be purchased on several popular exchanges:

This is a (daily) in-depth analysis by Memecoin Season about the most promising and/or successful meme coin projects within the dynamic blockchain space.

We first share this report with our invite-only community of investors and enthusiasts to study and potentially consider for their investment strategies. Then, the next day, we publish it for the general public.

While we thoroughly pick and analyze strong contenders in the meme coin space, remember that we do not give here any investment advice. Always consider your own goals and analyze the risks inherent to meme coins before investing.

Cheems (cheems.pet) - $CHEEMS