Bitget Wallet Announces $200,000 Meme Coin Fiesta Following Meme Coin Launch

Bitget Wallet Announces $200,000 Meme Coin Fiesta Following Meme Coin Launch


Victoria, Seychelles, April 11, 2024, Chainwire

Bitget Wallet, a leader in the web3 wallet landscape, recently held a meme coin themed event, featuring a whopping $200,000 prize pool. This step is successfully launching the meme coin MOEW on Base mainnet. This experimental token startup, Bitget Wallet, has taken a bold step towards innovation in the meme coin space.

MOEW's debut was within an hour of last week's surge of over 22,000%. Currently, MOEW has nearly 100,000 wallet addresses and the total transaction volume has increased to more than $120 million. This strong performance not only positions MOEW as a popular asset on the base chain, but also highlights Bitget Wallet's ability to drive visible activity and interest throughout the network.

To build on this momentum, Bitgate Wallet has rolled out the ‘MEME Game' event, which aims to strengthen market engagement with meme coins. The event will introduce a $200,000 top airdrop prize, invite participants to dive into a variety of activities, from trading meme coins on-chain and participating on social media platform X to creating meme-themed content. The initiative seeks to increase participation and engagement of financial incentives, to illuminate fun and community-oriented content of comic coins.

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The narrative in the crypto industry has shifted to a community-oriented model, with meme coins at the heart of this shift. Emerging as one of the most profitable areas in the cryptocurrency market, the popularity of meme coins has spread across various networks. Despite mixed views on the value and logic of meme coins' rapid ascent, the sector appears to remain a platform for massive wealth creation.

Bitget Wallet COO Alvin Kahn shared his insight into the company's meme coin strategy, “Bitget Wallet is deeply invested in meme coins, seeing them not only as an exciting asset class, but also as a cultural phenomenon that captures the attention of financial institutions. and community culture. We want to travel with our meme coin fans by fostering a deep connection with the spirit and culture of the community.

Since the majority of meme coins are generated through community platforms and decentralized trading platforms, the importance of the Web3 wallet in the decentralized ecosystem has never been more apparent. Bitget Wallet is actively expanding its support for meme coin transactions by rapidly integrating with major blockchains, adding new meme coins, and general transaction support. By issuing meme coins, launching meme themed events and developing unique product features for meme coin transactions, Bitget Wallet aims to strengthen its leadership position in meme coin transactions.

About Bitget Wallet

Bitget Wallet is Asia's largest and leading web3 wallet with over 20 million users worldwide. It offers versatile features including asset management, intelligent market intelligence, swap trading, launchpad, text and DApp browsing. It currently supports over 100 major blockchains, hundreds of EVM-compatible chains, and over 250,000 cryptocurrencies. Bitget Wallet optimizes liquidity by integrating hundreds of top DEXs and chain bridges, facilitating seamless trading on nearly 50 blockchains.

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