Dec 9, 04:05 PM

Memeland to Launch Memecoin on Solana, Following Acquisition of Public Company; $PNUT Hits $1.1B Market Cap, Base Network at $4B TVL

Memeland has announced plans to launch a new memecoin on the Solana blockchain, aiming to create a platform similar to MicroStrategy but focused on memecoins. This initiative follows their acquisition of a public company, positioning them to develop a memecoin index. The memecoin launchpad will allow users to create and trade tokens quickly, utilizing Solana's technology. KuCoin has highlighted the potential of the memecoin market, referencing the recent success of the $PNUT token, which achieved a market cap of $1.1 billion. Additionally, the Base network has introduced a new platform for memecoin loans, enhancing the memecoin ecosystem with features for lending, borrowing, and token liquidity bootstrapping, amidst a total value locked (TVL) of $4 billion.

#Memeland #Solana #MicroStrategy #KuCoin #Base

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