Binance Labs Adds $MEME to Portfolio

Binance Labs Adds $MEME to Portfolio

Binance Labs announced its investment in Memecoin ($MEME), Memeland's ecsosytem token that aims to empower creators, meme culture, and web3. 

The Deets

  • Web3 Venture: Memeland, backed by Binance Labs, focuses on SocialFi and creator economies.
  • Meme Integration: Leveraging meme culture to connect creators and communities.
  • MEME Token: The native ecosystem token driving Memeland's innovative NFT platform.
  • Global Audience: Memeland, an offshoot of 9GAG, engages 200 million users monthly.

❗️Why It Matters

In a time where most "memecoins" are seen as purely speculative, useless tokens - Binance signals some validation by adding Memeland's $MEME to its portfolio. 

📊 By the Numbers

$MEME has jumped more than 15% over the last 24 hours and now holds a marketcap of $244 million, ranking it No. 204 in CoinGecko's token rankings.  

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