General Characteristics
Jeetolax ($JEETOLAX) is a meme coin created on the Base Chain on May 30, 2024. It aims to fix the issue of “jeeting” (panic selling) common among average crypto investors.
It positions itself as a parody pharmaceutical meme product in the cryptoverse, offering a remedy through Jeetolax meme pills to help investors overcome panic-selling tendencies.
The team prescribes taking two Jeetolax pills daily to unleash your inner Chads. An overdose may cause you to HODL until Valhalla.
Roadmap
The roadmap for Jeetolax is not publicly available. For now, it is on a mission to save the average investor from jeeting.
Functionality and Utility
Jeetolax does not currently offer any utilities. However, given that the project is still very young, multiple utilities may come in the future.
Market Performance and Dynamics
Jeetolax’s chart was impressive at its early stage. For instance, it skyrocketed to a $100K market cap after two days of going live and reached a $140K market cap four days later on June 5.
Ever since, it has faced corrections. At the time of writing this line, Jeetolax has a market cap of $70K. The meme coin is currently being traded at $0.00006983 with its 24-hour trading volume of $1.79K and $29.20K in liquidity.
Jeetolax has a total supply of 1B coins, all already in circulation. Its initial liquidity has been fully burnt, and its ownership has been renounced. The token offers 0% tax on buy and sell orders.
Community
Jeetolax’s community is still very young and growing, with 437 followers on X, 204 subscribers on Telegram, and 3.86K token holders. It also has an active presence on TikTok and YouTube.
Pros
- Lighthearted approach to fixing investors’ problem
- Tapping from Base Chain potential mass adoption
5 Questions to Success Jeetolax Team
1)What inspired you to create Jeetolax, and how did you come up with the concept of a meme coin that addresses the issue of "jeeting"? Can you explain the term "jeeting" for those who might be unfamiliar with it?
Jeetolax was a comedy idea that I had ran with for nearly one year before deciding to release it as a token. We all of experienced Jeeting in projects that we have invested in and as frustration as it can be it is always something that is present. What if there was a magic pill that could reduce the symptoms of this? Enter the idea of Jeetolax, based on a fictitious pharmaceutical company that have developed a pill using their in depth Chadnano technology.
In Crypto the term Jeeting refers to an individual that feels the panic and pressure of selling their holdings on a mere 2% dip in the market. They are usually clueless about how markets work and have very little understanding about what they have actually gotten into. The problem with Jeets is also that a small amount of Jeets can cause a cascade within a project of jeeting behaviour.
2)Could you elaborate on the "Chadnano technology" mentioned in your project description? How does it work, and what makes it revolutionary in the context of cryptocurrency?
Chadnano technology is the magic behind how the Jeetolax pills were invented. Using DNA samples from thousands of steadfast Chads in the crypto community, the samples were used in order to create a pill.
3)Panic selling, or jeeting, is a common issue in the crypto world. How does Jeetolax specifically aim to reduce or prevent panic selling among its users?
Simply take 2 pills a day of Jeetolax to drastically reduce the symptoms of Jeeting. Anymore than 2 pills can seriously cause unwanted side effects.
4)Community is crucial for the success of any meme coin. How do you plan to build and engage a strong community around Jeetolax? What strategies will you use to keep the community active and involved?
We believe in organic growth rather than a pump and dump mentality. We will be introducing a raiding reward scheme soon where members can be rewarded in Jeetolax for raiding and shilling on social media outlets. We will also be hosting further meme competitions and holding Spaces for the community. We also aim to be collaborating with various other Base meme projects as Jeetolax is unique and can slip into the narrative of any other project as they all have Jeets within them.
5)What are the future plans for Jeetolax? Are there any upcoming features, partnerships, or developments that you can share with us?
We just dropped a pack of NFT's for the community to mint for free which have been created in a trading card set. We have also had talks with one smaller US based exchange that we are considering once our MC climbs above a certain level. On top of that we are aiming to be airdropping more projects so that holders can be provided with at least 2 pills of Jeetolax in order to make their Crypto experience smoother regardless of what project they are currently invested in.
Official links
CA: 0x3eC4fEe7cfA9E5b838d7A8A4603edD9b246fbf51
Website
Twitter
Telegram
TikTok
YouTube
Where to buy
Uniswap
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