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Cheems Inu Launches a Raffle Through NFTs

Published

3 years ago

December 28, 2021

Reading Time: 3 minutes

Wilmington, Delaware–(Newsfile Corp. – December 28, 2021) – Cheems Inu Launches a Raffle through NFTs. Meme tokens have been an integral part of the ongoing bull run in the cryptocurrency market. New meme tokens are trying to take their place among the plethora of these tokens that have flooded the crypto space, mainly on the Binance Smart Chain, among the longest-standing meme coins.

Cheems Inu

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Market Overview

The previous surge in popular meme tokens has inspired a lot of developers to pursue similar projects that can secure soaring high market caps. $CINU at its core is a meme coin, but unlike other meme coins, it has a native utility in the form of the upcoming site, MEMETOOLS. Cheems Inu is a meme that hopes to inspire others by combining Memes and Crypto to bring fun and money to the masses.

Potential

Over the past month, Cheems Inu has been listed on multiple coin trackers through its explosive volume, including multiple instances of trending on CoinMarketCap – the world’s most-referenced price-tracking website for crypto assets in the rapidly growing cryptocurrency space. Its mission is to make crypto discoverable and efficient globally by empowering retail users with unbiased, high quality, and accurate information for drawing their informed conclusions. Moreover, Cheems Inu has been listed on multiple centralized exchanges such as Hotbit and BKEX, and more listings are running in the pipeline. BKEX is a digital asset trading platform. Also famous as the world’s largest blockchain financial derivatives service platform, BKEX has been online for less than one year, providing services to 1.8 million+ users in 208 countries around the world. BKEX is currently ranked 29th in the world.

Cheems Inu, $CINU was launched at a $4,000 market cap, and currently, the project is holding well above $30 million in market capitalization.

After being featured by StockTwits and trending multiple days above Fortune 500 companies such as General Motors and Tesla, $CINU was a trending topic on the largest social network for investors, attracting a ton of attention and further helping the upward price trend of Cheems Inu.

Tokenomics:

Cheems Inu has a total supply of 6,000,000,000,000,000,000,000 that is steadily decreasing with its hyper-deflationary burn function implemented within our tax system. 50% of all buy and sell taxes are burned. For reference, “burning” refers to tokens being sent to a null crypto address, permanently removing them from circulation and increasing the token’s scarcity.

$CINU has a buy tax of 10% per transaction and a sell tax of 15% per transaction; the taxes are allocated to liquidity, marketing, and supply burning. Additionally, there is a 3% maximum limit of the total supply that an individual can hold at any given moment. This amount doesn’t hinder significant investments like some other tokens while simultaneously avoiding any holder from having too much leverage and impact on the price. For comparison, the popular meme tokens have had single holders with over 10% of their supply at a time, causing a large risk of price manipulation and general product instability.

Generation 1 and Generation 2 NFTs Completely sold out (500 of ea)

Cheems Inu successfully sold its first and second batches of NFTs, along with a holiday Christmas Raffle through NFTs. Generation 1 of the Cheems NFTs launched on November 23rd, 2021. The original Gen 1 Cheems NFTs have been fully minted out. The minting price for the Gen 1 Cheems NFTs was 0.3BNB each. They are now available for secondary sale via community members on NFTKey, a widely used NFT marketplace featuring both generations of Cheems NFTs, among other collections. Generation 2 of the Cheems NFTs, commonly called ‘Pixel Cheems,’ was launched on November 30th, 2021. The minting price for Pixel Cheems NFTs was 1 BNB. Pixel Cheems are available for secondary sales on NFTKey.

Cheems Meme Tools Utility:

Merging all crypto meme tokens on a single social media is one of the goals that the team behind this project has in mind. $CINU will be the native token for the meme tools, and a burn will be added to the existing tokenomics, providing easy and fun to use media editing tools to create best memes on the blockchain itself. Meme Tools utility is currently in development. These meme tools will be the central hub for everything “meme” in the crypto space. A platform featuring advertising spaces for other meme projects, an upvote system, and a fully functioning swap where all meme tokens can be traded along with live tickers for popular meme tokens, and top gainers and losers section inspired by CoinMarketCap. “The Cheems social media will be different from all the existing platforms out now,” is what the team is constantly emphasizing on in all their AMAs and they also plan to have a memepedia.

$CINU has close to 40,000 holders and soared to an all-time high market cap just shy of 67 million. It is backed by a very strong community to set even more such milestones.

Social Links:
Website: https://cheemsinu.net/
Telegram: https://t.me/cheemstokenbsc
Twitter: https://twitter.com/CheemsInu

Media Contact:
Dave Ruiz
Telegram: https://telegram.me/cryptokidfinance
[email protected]

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/108521

Latest News

COCA Celebrates Q2 2024 with Record-Breaking Milestones and New Launches

Published

4 months ago

August 7, 2024

CISION (PR Newswire)

HONG KONG, Aug. 7, 2024 /PRNewswire/ — COCA, a pioneering force in the crypto wallet and financial services industry, has achieved several remarkable milestones in Q2 2024. Thanks to the steadfast support of its user community, COCA has launched new features, expanded its partnerships, and garnered prestigious accolades, further solidifying its position as a leader in the crypto space.

Launch of Physical Cards

COCA has introduced its highly anticipated physical cards, which are now available globally and compatible with Apple Pay and Google Pay. These cards allow users to make transactions with ease, earning cashback rewards on their purchases. This significant launch marks a step forward in integrating crypto with everyday financial activities, enhancing user convenience and financial flexibility.

Wallet Growth Milestone

The company has reached a significant milestone with 510,000 active wallets, reflecting a 102% growth quarter-on-quarter. This surge in active wallets highlights the increasing trust and adoption of COCA’s platform, as more users join the COCA community to manage their crypto assets securely and efficiently.

Transaction Volume Surge

In Q2 2024, COCA processed over USD 450,000 in transactions through its platform, demonstrating the robust usage and popularity of its financial services. This impressive transaction volume underscores COCA’s commitment to providing smooth and efficient crypto payment solutions.

Integration with Revolut

COCA has made it easier for users to fund their wallets by integrating with Revolut. This new feature allows seamless loading of crypto assets, enhancing the overall user experience and accessibility of COCA’s services.

Award Recognition

COCA has been honoured with the “Best Startup” award in the Financial Revolution category at CONF3RENCE & BLOCKCHANCE 2024. This award is a testament to COCA’s innovative approach and significant impact on the future of finance, recognizing its efforts in driving forward the digital financial ecosystem.

New Strategic Partnerships

COCA has formed strategic partnerships with industry leaders such as Wirex Pay and GoMining. These collaborations aim to provide users with enhanced rewards and a superior overall experience. The partnerships signify COCA’s dedication to expanding its ecosystem and delivering greater value to its users.

Welcoming Pavel Matveev

COCA is excited to announce the addition of Pavel Matveev, Founder of Wirex, to its team as a Strategy and Product Advisor. Pavel’s extensive experience and visionary approach are expected to drive COCA’s strategic initiatives and product development, contributing to the company’s continued growth and innovation.

Season 2 Point System Launch

Season 2 of COCA’s popular point system has launched, offering users the opportunity to earn points through various activities, including trades, referrals, holding assets, and spending with COCA cards. With a prize pool of USDT 3500 and 5 Wirex Pay Nodes, this season promises exciting rewards and increased user engagement. The season ends on August 9th, so users are encouraged to participate actively.

NFT Giveaway

In a special giveaway, COCA distributed 1000 GoMining NFTs to lucky users. These NFTs provide unique benefits, including enhanced mining capabilities and exclusive digital collectibles, adding significant value to the user experience.

For further details on COCA’s Q2 achievements and upcoming initiatives, visit the company’s blog.

Website: coca.xyz

COCA continues to redefine the crypto experience with its innovative solutions, seamless integrations, and user-focused approach. The company’s recent milestones and future plans highlight its commitment to leading the way in the digital financial landscape.

About COCA

COCA is a next-generation crypto super app designed to simplify and secure the crypto experience for users worldwide. With innovations in security, usability, and integration, COCA is at the forefront of the digital asset revolution. For more information, visit coca.xyz.

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Latest News

Stake and Earn with KuCoin’s Innovative GemPool Platform

Published

4 months ago

August 7, 2024

CISION (PR Newswire)

VICTORIA, Seychelles, Aug. 7, 2024 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, is excited to announce the launch of GemPool, its innovative new platform that allows users to acquire token airdrops as a reward for staking their crypto assets. This unique product is designed to provide early access to emerging crypto projects while offering rewards for their existing holdings at zero cost. By staking respective tokens in separate pools, users can farm new tokens and gain a foothold in the latest developments within the cryptocurrency market.

GemPool also offers flexible staking terms, allowing users to stake and un-stake their assets anytime within the designated period without lock-up restrictions. This flexibility ensures that users can manage their assets according to their preferences and market conditions. Additionally, GemPool provides zero-cost rewards, enabling users to earn tokens while holding their existing cryptocurrencies. By staking their tokens, users contribute to the growth of promising new projects, supporting innovation and development within the crypto space. With completion of tasks offered, users are eligible to earn multiplier bonus and receive more rewards.

Users can participate by staking KCS, USDT, or other specified assets in designated pools. The rewards are earned according to the respective yields of the pools, ensuring a fair and exciting experience for all users.

For more information on how to participate and the benefits of GemPool, please visit the KuCoin GemPool page.

About KuCoin

Launched in September 2017, KuCoin is a leading cryptocurrency exchange with its operational headquarters in Seychelles. As a user-oriented platform with a focus on inclusiveness and community engagement. It offers over 900 digital assets across Spot trading, Margin trading, P2P Fiat trading, Futures trading, and Staking to its 34 million users in more than 200 countries and regions. KuCoin ranks as one of the top 6 crypto exchanges. KuCoin was acclaimed as “One of the Best Crypto Apps & Exchanges of June 2024” by Forbes Advisor and has been included as one of the top 50 companies in the “2024 Hurun Global Unicorn List”. Learn more at https://www.kucoin.com/.

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Latest News

Trust Wallet Launches Gamified Education Platform and Loyalty Program to Enhance and Reward Web3 Learning

Published

4 months ago

August 7, 2024

CISION (PR Newswire)

DUBAI, UAE, Aug. 7, 2024 /PRNewswire/ — Trust Wallet, the world’s leading self-custody Web3 wallet and Web3 gateway trusted by over 130 million users, has launched Trust Wallet Quests, a gamified education platform within the Trust Wallet mobile app which encourages users to earn points while exploring and learning about Web3.

Users can engage in task-based challenges ranging from quizzes to complex problem-solving scenarios composed of various DeFi and Web3 activities, all designed to deepen their understanding of blockchain technology and decentralized applications (dApps), and expose them to exciting opportunities within Web3. As an incentive, users will earn Trust Points, a loyalty-based points system designed to reward user activity within the Trust Wallet mobile app. With Trust Points, users can earn rewards upon the completion of specific tasks, making Web3 more rewarding and fun.

In the future, Trust Points will offer additional gamification features, such as unlocking achievements, badges, and levels. This interactive approach not only boosts individual learning but also contributes to broader community education and adoption of decentralized technologies, making Trust Wallet Quests a dynamic and exciting way to reward loyal users and engage with communities in Web3.

On the motive for launching Trust Wallet Quests, Eowyn Chen, CEO of Trust Wallet, stated: “The complex technology and fast-paced industry can be intimidating for both new and seasoned users. The introduction of Quests on Trust Wallet further solidifies our commitment to making it easier for millions to navigate Web3, aligning perfectly with our mission to build a seamless Web3 hub and open ecosystem for all.”

Nate Zou, Head of Product at Trust Wallet, highlighted what to expect from Trust Points and Trust Wallet Quests: “Trust Points and Quests are just the first iteration of a much-needed reward system for our community. Within 2024, we have plans to build on this, combining rewards with many of our other web3 product offerings. Overall, we envision this points system not only changing how users engage with Trust Wallet, but also encouraging more collaboration between Trust Wallet, our users and other web3 ecosystem players.”

Trust Wallet Quests and Trust Points are now available on both Android and iOS versions of Trust Wallet’s mobile app. Download here: https://short.trustwallet.com/TrustWalletQuests

About Trust Wallet

Trust Wallet is the self-custody, multi-chain Web3 wallet and Web3 gateway for people who want to fully own, control, and leverage the power of their digital assets. From beginners to experienced users, Trust Wallet makes it easier, safer, and convenient for millions of people around the world to experience Web3, access dApps securely, store and manage their crypto and NFTs, buy, sell, and stake crypto to earn rewards, all in one place and without limits.