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Memecoin

MEME#615 by market cap

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

Memecoin is for nft. We have not written its record yet, so its promises are not checked. It trades at $0.0005, #608 of all coins by size, 99% below its highest ever price.

This week Nothing changed on its record.

No stated job or named backing. No dated promises on its pages. Nothing dated ahead. #28 of 138 NFTs. Nothing to be careful of on the record.

Is it real?

0 of 4tests passeda real job, real backing, something ahead, room to grow
1named backersGMCI Index
2 yearson the marketsince 4 March 2024
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0 of 4

  • A real-world jobDoes it say what problem it solves, in a category that is not a joke?
  • Real backingA named investor, an index, a major exchange, or a billion-dollar size.
  • Something aheadA dated step, deliveries on record, or demand showing up in the news.
  • Room to growWorth at least four times less than the biggest coin doing the same job, so the gap is real, not a guess.

In the GMCI Index

  • Origin4 March 2024about about 2 yearsmemecoin.org
  • DevelopersNot namedNeither Wikidata nor its listing names the foundersNo public code repository listed
  • BackingIn the GMCI IndexListed on Kraken, Binance, OKX, Bybit
  • Standing on the recordNo recordNo dated promise to judge yet2 headlines last monthNo corrections needed so far
The gap, and what to do

It is already worth more than the typical coin in NFT ($6.47M). To match the leader, Render ($707.7M), its price would need to rise 1986%, to about $0.011.

Still to check

  • No dated promise on record yet, so delivery cannot be judged
  • No named investor among its tags
  • Only 2 headlines named it last month
  • Years younger than the group's leader

What to do Nothing dated is ahead and nothing has been delivered on record. There is no event to wait for yet, which is itself the answer.

A gap is not a forecast. Most small coins never close it. The site never picks.

Four tests, printed. Passing all four means a real job, real backing, something ahead, and a price far below the leader of its group. A filter on facts, never a verdict.

Every line has a source: the coin's own listing, CoinGecko's tags, the record, or the news feed. Reputation here is a count, never an opinion.

Does it deliver?

No dated promise has been found on the pages this project publishes. Its pages are saved every night, so anything it commits to from now on appears here.

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Every line is quoted from the project's own pages, with the copy we stored and, where one exists, the article that reported it

What is next, and when?

Nothing dated has been found on its pages, so there is no date to wait for yet.

How big is it next to its rivals?

#28of 138 NFTsthe typical one is worth $6.47M
$33.93Mworth todayprice × coins out
$6.47Mthe typical rival is worthNFT
$707.7Mthe leader is worthRender
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Only coins within a hundred times its worth; a coin a thousand times bigger is another world

Nft

138 coins tagged NFT, worth $4.52B together. #28 of 138 by worth.

NFT: this coin against its direct competitors

  • CoinWorth, as a barWorthAgainst this coinToday, and the gapSupplyPromises
  • Memecoin$33.93Mthis coin−1.5%93% outno record
  • Render$707.7M20.9× bigger, +$673.77M−1.3%, gap +0.181% outnone dated
  • Artificial Superintelligence Alliance$365.77M10.8× bigger, +$331.83M−5.7%, gap −4.385% out7 of 43 delivered
  • Ethereum Name Service$237.62M7.0× bigger, +$203.68M−0.7%, gap +0.842% out1 of 5 delivered
  • FLOKI$233.72M6.9× bigger, +$199.79M−1.4%, gap +0.148% out0 of 2 delivered
  • AINFT$233.02M6.9× bigger, +$199.09M+0.9%, gap +2.499% outnone dated
  • Non-Playable Coin$170.12M5.0× bigger, +$136.19M−0.2%, gap +1.3100% outno record
  • Axie Infinity$161.94M4.8× bigger, +$128.01M−1.1%, gap +0.465% outno record
Same job, different how

NFT: this coin next to Render, the biggest rival within reach. People go to the bigger coin unless the smaller one does something it does not.

Memecoin says
.
Render says
Render describes itself as a network that connects people who have spare computer graphics-card power with people who need it to render 3D graphics and other digital content.

Two claims, side by side, in their own words. Whether the difference is real is for the record to show over time, and for you to judge.

What it is

No description on file.

Problem it says it solves: nft. 138 coins are working on it and together they are worth $4,517,533,523. This coin is 1% of that.

Where it trades: Kraken, Binance, OKX, Bybit, KuCoin

Each bar is a coin's worth today (price × coins out), longest first. The lit bar is this coin; grey bars are the others doing the same job.

Bars are market cap. Order is size, nothing else. Differences are measured from the coin you are looking at.

What should make me careful?

Nothing printed today

None of the six tests fails. A missed promise counts only on a record a person has checked.

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Why is it this small?

NFT: this coin next to the group's largest, Render.

MemecoinRender
Years trading3 years6 years
Major exchanges59
Named backers01
Headlines, last month211
Promises deliveredno recordno record

It is 4.8% the size of Render. On the facts above it is behind on years trading, major exchanges, named backers, headlines, last month. For that gap to close, the record would need deliveries showing up in its record, news that names it. Nothing here says it will; the site does not predict.

The tests: nothing to hold it for, more missed than delivered, priced ahead of its record, half the supply still to come, rivals ship while it does not, a big release of coins soon.

The homework: the coin itself, the news, the record

The coin itself

$0.0005price of one−1.5% today
99%below its highest ever$0 on 4 March 2024
93%of the supply is out64.47B coins
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The last 7 days

7 days ago: $0.0006now: $0.0005 (−5.6%)

Where today sits against its highest ever price

$0.0005

Highest ever: $0.0563 on 4 March 2024. Today is 1% of that.

93%

of all MEME that will ever exist is already out in public hands: 64.47B coins.

7% (4.53B coins) is already created but not in public hands, held by the project or locked in escrow. That is a small share. Those coins can be sold later, which can push the price down.

out held back. Each dot is 1%.

Nothing behind it but attention

No product needs it. Its worth is whatever buyers will pay today.

  • Nothing the project's own pages spell out.
$0.0005price of one
×
64.47Bcoins out
=
$33.93Mworth today, #608 of all coins

That is all a market cap is: today's price times the coins in public hands. It moves every time the price does. It says what buyers are paying, not what the coin is worth.

Basics
  • 93%of the maximum supply is in circulation: 64.47B of 69B.
  • 4.53Bcoins still to be released, 7% of the maximum. Releases can add selling pressure.
  • 1.1×fully diluted value versus today's market cap. The gap is coins not yet released.
  • 1%of its all-time high of $0.0563 on 4 March 2024. That is −99.1% from the top.
  • #608by market cap, $33,931,299.
  • Not checkedwho holds the most coins, and how much has been burned. Those need on-chain data this site does not read yet.

Supply and value figures from CoinGecko, refreshed hourly. Not part of the record.

What the news says

2headlines, last monththat name this coin
0about governmentregulation, courts, central banks
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Headlines per day, last 30 days

2 headlines named this coin in the last month.

What they were about

  • Treasury1
  • Price1
In the news
What people are talking about, last month:

Headlines are the publishers' own. News is never placed next to price.

The record itself

Not covered. The criterion it missed: no roadmap or documentation page linked from the homepage.

Pages savednot yetno roadmap page found
Promisesnone yetno record drafted
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Six facts, the project's own replies, its peers, contract facts, references and every stored copy