A major memecoin giveaway is taking place, organized by prominent figures in the cryptocurrency community, including @cryptomanran and @FefeDemeny. The event, touted as the biggest memecoin giveaway in history, has seen the prize pool grow from $47k to nearly $500,000. Participants are encouraged to send their Solana addresses to be eligible for the giveaway. The leading memecoins in the competition include $TMANIA, $BITARD, $LFGO, and neverSURRENDER. The giveaway aims to reward the most active and engaged communities in the crypto space.