Binance announced on October 27th the launch of its 39th Launchpool project, featuring Memecoin (MEME), the native token of the community company Memeland, led by 9GAG. The exchange also revealed that MEME will be listed with trading pairs MEME/BTC

Binance announced on October 27th the launch of its 39th Launchpool project, featuring Memecoin (MEME), the native token of the community company Memeland, led by 9GAG. The exchange also revealed that MEME will be listed with trading pairs MEME/BTC, MEME/USDT, and MEME/BNB on November 3rd at 11:00 AM (UTC).

According to the provided information, Launchpool users can start farming from October 28th for a 30-day period. Users interested in earning MEME will need to stake BNB, FDUSD, or TUSD.

Out of MEME's total supply of 69 billion, 1.28 billion will be distributed as rewards through Launchpool. Additionally, an initial supply of 8.797 billion MEME will be introduced to the market.

The reward program will consist of three different pools, with the BNB pool accounting for 80% of the rewards. The TUSD and FDUSD pools will each receive 10% of the rewards.

For users staking BNB, there will be a share of 1.104 billion MEME, and for TUSD and FDUSD stakers, 138 million MEME tokens are allocated.

Memecoin garnered significant attention from its early presale moments, raising $10 million in just 42 minutes.