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bitcoin
Bitcoin (BITCOIN)
$120,993 -2.40%
ethereum
Ethereum (ETHEREUM)
$4,334 -4.42%
binancecoin
BNB (BINANCECOIN)
$1,245 -5.02%
solana
Solana (SOLANA)
$218.90 -3.63%
ripple
XRP (RIPPLE)
$2.80 -4.16%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 -4.72%
pepe
Pepe (PEPE)
$0.000009 -5.59%
bonk
Bonk (BONK)
$0.000019 -6.99%
bitcoin
Bitcoin (BITCOIN)
$120,993 -2.40%
ethereum
Ethereum (ETHEREUM)
$4,334 -4.42%
binancecoin
BNB (BINANCECOIN)
$1,245 -5.02%
solana
Solana (SOLANA)
$218.90 -3.63%
ripple
XRP (RIPPLE)
$2.80 -4.16%
shiba-inu
Shiba Inu (SHIBA-INU)
$0.000012 -4.72%
pepe
Pepe (PEPE)
$0.000009 -5.59%
bonk
Bonk (BONK)
$0.000019 -6.99%
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Binance Launches Meme Rush Platform for Early Meme Coin Access

Highlights:

  • Binance has launched Meme Rush platform to offer early access to meme coin projects.
  • Tokens follow a 3-stage lifecycle using a bonding curve model.
  • Users receive a 4x volume bonus during Meme Rush trading stages.

Binance Wallet has launched the Meme Rush Platform, a new feature for non-custodial wallet users. The platform offers early access to the meme coin projects that are integrated with Four.Meme. This move comes as the attention to meme tokens soars in the BNB Chain ecosystem.

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Four.Meme just overtook pump.fun as the highest-ranked meme coin launchpad in terms of daily revenues. Four.Meme generated $1.4 million in 24 hours according to data from DeFi Llama. Comparatively, pump.fun made $576,000, while Binance Alpha followed with $99,334.

The Binance Wallet interface now allows users to explore the Meme Rush platform. They are able to access it by toggling on the Binance Exclusive feature. Furthermore, the real-time performance of a token is ranked in a leaderboard on the main page.

Token Lifecycle and Platform Structure

Each token in the Meme Rush platform passes through a three-stage lifecycle. This model brings about transparency and clarity at every level. Tokens in the New Stage are not transferable and work through a virtual liquidity pool. At this stage, only approved keyless Binance Wallet users are eligible to trade.

Tokens are then sent to the Finalizing Stage, where they get ready to migrate to a DEX. These tokens cannot be transferred, yet they still have the ability to trade within the Binance Wallet ecosystem.

The Migrated Stage enables tokens to move liquidity to the decentralized exchanges. This final stage opens trading to every user, both inside and outside the Binance Wallet. To get to this stage, tokens are required to satisfy a minimum of $1 million FDV. Tokens in this phase are also eligible to be listed in Binance Alpha, awaiting review. Successful tokens continue with their 4x trading volume bonus for an extra 30 days after the launch.

Key Features and Benefits for Users

Meme Rush proposes a bonding curve model where token prices and movement depend on every stage of the lifecycle. This model assists in ensuring ordered and equitable launches. Furthermore, the Meme Rush Platform supports only verified Binance Wallet users. This consequently serves as a secure trading environment. It is also very strict in compliance projects that have political/adult content are not qualified.

Additionally, traders are given a 4x volume increase throughout every Meme Rush trading period. This incentive will promote early project involvement and contribute to community development. Moreover, top-performing tokens will possibly be listed on Binance Alpha, launched last year in December. The Binance Alpha offers high-potential early-stage cryptos that match the market trends.

Meme Rush is being integrated with Four.Meme that simplifies token launches by creators. Meanwhile, users have easier access to trending meme tokens that have great potential for growth. In addition, the Meme Rush platform comes amidst other strategic initiatives in the Binance ecosystem. Recently, PayPay acquired a 40% stake in Binance Japan to advance Web3 growth.

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