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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Author Bio

Logan Hitchcock

NFT Analyst

Logan is a content lead at Lucky Trader and is best known for selling every good NFT far too early. He also maintains an irrational exuberance for clay-based NFTs.

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