General Characteristics
Meme Squad ($Memesquad) is a Solana-based meme coin project launched in October 2024. As its name implies, the project aims to bring together the most prominent meme tokens that smashed the charts, unlocked massive profits, and turned ordinary people into millionaires.
As the ultimate tribute to the most successful meme coins in history, such as Dogecoin, Shiba Inu, Dogwifhat, and Pepe, Meme Squad seeks to unite meme enthusiasts and crypto degens. While at it, the project commemorates the fun, creativity, and wealth these meme coins have brought to the crypto industry.
Roadmap
$Memesquad has no outlined roadmap guiding its ecosystem at the time of writing. Still, its official website reveals that a roadmap filled with engaging community events may be released soon, accompanied by innovative features and exciting partnerships.
Functionality and Utility
$Memesquad serves as the lifeblood of the Meme Squad ecosystem, bringing profits to token holders. The project also welcomes memes that cut across prominent meme coins, bringing laughter and good vibes to the community. Aside from these, the meme token has no other outlined utility.
Market Performance and Dynamics
$Memesquad has a total supply of 1 billion tokens, 100% of which are in circulation. The meme coin’s contract ownership has been renounced to boost investors’ confidence. The project’s website adds that there are no insiders, eliminating the risk of a rug pull. Less than two weeks after its debut, the meme token was listed on the prominent crypto price-tracking website CoinMarketCap.
The meme coin has a market capitalization of $146.21K, a liquidity of $40K, and a daily trading volume of $25.03K at the time of writing. Its price has also shown a significant surge within the past seven days, taking its trading price to $0.0001469, representing a 105% surge in a week.
Community
Meme Squad is backed by a vibrant community of meme-loving audiences across social platforms, X and Telegram. Over 700 wallets hold the Solana meme token at the time of writing.
Pros
- No presales.
- Ownership revoked.
- Secured listing on CoinMarketCap.
- Harnesses Solana network.
- Has a catchy storyline.
- Early market growth.
5 Questions to the Meme Squad Team
1)What inspired you to create Meme Squad as a tribute to iconic meme coins like Shiba Inu, Dogecoin, WIF, and PEPE?
In our opinion, since the gigantic hype surrounding Shiba and Doge, memecoins are now one of the main reasons for normies to invest in crypto.
Shiba Inu, Doge, WIF, PEPE, FLOKI and others have paved the way for more and more people to discover “our” world.
We believe our movement needs a mouthpiece, something like a “union”.
We are trying to create a common voice for the entire Memecoin community.
2)Meme Squad describes itself as more than just another meme coin, but a movement. Can you elaborate on the long-term vision behind this statement? What kind of impact do you hope Meme Squad will have on the broader crypto space?
Our goal is to bring as many established and unknown memecoins as possible to one table.
By creating a network of many MemeCoin community leaders, CTO members and whales,
We try to create a space for new ideas. When you have a lot of people on board, it's easier to create or make a difference than when you have 100 lone wolves.
The goal is to also enable events and talk about crypto in general but especially about the influence of memecoins on society and the crypto world. Be it to show that communities collect money for charitable purposes or simply to show how communities are created.
3)You’ve emphasized that there was no pre-sale or insider allocation, and ownership has been renounced. What inspired these decisions?
The goal from the start was to be transparent and to create a fair and secure coin. Unfortunately, more and more coins are being created with manipulated launches, which in the end simply pull the money out of the normies' wallets. We want to prove that there are fair and honest teams that want to bring a project to the top without simply making a profit. That's why we chose Meteora, you get a share of the fees without having to sell. This means you can use the “earned” money to reinvest it in the project.
4)With so many meme projects in the crypto space, how will Meme Squad foster a unique and lasting sense of community?
By creating the network, we want to ensure that everyone can get involved. MemeSquad stands for ALL Memecoins, which means everyone can post and create whatever they like, you are not limited to memes with Doge or Moodeng. We want to create space so that everyone can be creative and simply have fun together.
We also want to create the opportunity for open discussions or small competitions.
The goal is to create podcasts or information evenings to talk about ideas or to help people who would like to start a project themselves.
5)What are the key milestones in Meme Squad’s roadmap, and which upcoming phase are you most excited about?
Our first milestone was the start and the launch. This worked out perfectly and we are very happy about it.
Unfortunately, the success of projects is often only measured in MC. Of course we also want to achieve a greater value, but simply for greater visibility in the space.
Our next milestone is verification by Jupiter, we already have the CMC listing. However, we want to meet all requirements everywhere to show that we do not want to become a pump and dump project. We have already funded over $10,000 out of our own pockets and will continue to invest to show that we are serious.
The next phases are connecting communities and launching community events.
We have a lot of plans and want to implement them all.
Official links
CA: HkwUBTUZ5k5xJKD7fZUjPd7qL2TAHJ8mNmzc3dwsSJBg
Website
Twitter
Telegram
Where to buy
Raydium
Jupiter
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.
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