Memeland is dropping a $PAIN token together with "Hide the Pain Harold".
So far they have raised $3.26M USD with a public presale.
The token price will be determined by the total amount of SOL sent to the presale address. No cap for contributions.
In other words:
As it stands now, the people who sent money will receive x amount of tokens determined by $3.26M USD in total SOL contributions divided by available supply.
For Captainz NFT holders there might be an airdrop.
For staking Memeland's $MEME coin, there might be an allocation through Stakeland.
Thoughts?
The question is to what extent Memeland is involved here. Some people say they are just helping with listings etc. They've been pushing it pretty heavily across their channels tho and the community has been tweeting about it for months, so I would assume (and hope) there is some sort of involvement and it’s not just a random token over which they don’t have any oversight
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In this thread, I have all the info for you on how to check your allocation, how to claim, what value you can expect and everything else you need to know 🧵👇
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Magic Eden is the largest cross-chain marketplace.
Bitcoin Ordinals, Runes, ETH and SOL NFTs plus many more chains.
A few minutes ago, the allocation checker went live for the $ME airdrop on December 10th.
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Here's how you check your allocation:
Go to the @MagicEden Foundation website, download the ME wallet app on your phone and import your Magic Eden wallet using your seedphrase.
I analyzed over 500 new NFT projects launched on ETH, BTC and SOL in 2024.
How many are still above mint price? 🧵👇
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Since the beginning of the year, several hundred NFT projects have launched across blockchains.
Most of them on ETH.
Out of all these projects, only about 50 have managed to mint out and gain some traction on the timeline.
That's about 7 notable projects per month.
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Of these 50 or so NFT projects, two thirds are trading below their mint price today (again, projects that didn't mint out or weren't relevant are already excluded).
If you exclude the free mints that can't fall below mint price, the share of -ROI mints is even bigger.