9GAG Takes Ownership of 'memecoin.eth' Domain for 42 ETH During Memecoin Boom

The popular meme community 9GAG Backed by Memeland, 9GAG has recently procured the ENS domain 'memecoin.eth' for about 42 ETH. This purchase is particularly impactful considering the booming landscape of Memecoin (MEME) the Memeland ecosystem's cryptocurrency, which is currently experiencing explosive growth, pushing its market value to an impressive $200 million.

On-chain intelligence reveals that 9GAG completed the purchase of the 'memecoin.eth' memecoin.eth domain name, which was established four years prior, for a price of 42.069 ETH — a remarkable increase in value. Just 48 hours earlier, this domain was sold for only 4.2069 ETH, showcasing a dramatic surge in its worth. ETH Memecoin, the digital currency linked to the

ecosystem that 9GAG is fostering, is making waves in both the SocialFi sector and the creator economy. Its recent listing on Binance has amplified its visibility in the market. Memeland With expectations that the value of Meme could reach anywhere from $0.20 to $0.50 in the near future, it is emerging as a formidable player in the realm of meme coins, contending against newly rising competitors like ApeMax.

A notable figure in the crypto space, who goes by GeneralGordon.eth on social media, was recently gifted an airdrop valued at nearly $8 million in USDT, representing MEME tokens, with 20% of that amount instantly available.

Having shown considerable confidence in Memecoin's future, this investor further allocated $2 million towards MEME tokens via Binance, underscoring the burgeoning faith in this digital asset.

By snatching up 'memecoin.eth', 9GAG is making a shrewd move within the

ecosystem, aligning itself with the token's impressive market cap and the rising interest from investors. Meme As the cryptocurrency landscape continuously shifts, the trajectory of Memecoin, along with its rivalry against newcomers like ApeMax, will significantly influence the future of meme-oriented digital currencies.

Stay informed about cryptocurrency distributions through our platform, and keep in mind that the content provided on this webpage is not meant to be construed as legal, financial, investment, or any other type of advice. It’s crucial to invest only what you can afford to lose and to seek independent financial counsel if you have any uncertainties. For further details, we recommend checking the terms and conditions and the help sections provided by the issuer or advertiser. MetaversePost is dedicated to delivering accurate, unbiased news, but do note that market conditions can shift suddenly.

Nik serves as an insightful analyst and writer at Metaverse Post, specializing in delivering innovative perspectives on the rapidly advancing technology landscape, particularly focusing on AI/ML, XR, VR, on-chain analytics, and blockchain development. His writings engage a wide readership, aiding them in keeping pace with technological trends. With a Master's degree in Economics and Management, Nik possesses a deep understanding of the intricacies involved in the business realm and its intersection with cutting-edge technologies. Airdrops Calendar .