The Memefi (MEMEFI) token is a community-driven digital asset designed for use within the MemeFi Web3 application and its associated Telegram Ads network. This token serves multiple functions, including rewarding users, supporting in-game character development, facilitating microtransactions, and offering discounts on advertising services within the platform.
Current Market Snapshot
- Latest Price: $0.008498 USDT
- Trading Volume: $17.15M USDT
- Delivery Time: November 23, 2024, 00:00 (UTC)
Stages of the MEMEFI Pre-sale
The pre-sale process for the MEMEFI token is structured in three distinct phases, providing different opportunities for engagement.
1. Pending Pre-sale
To participate in the upcoming MEMEFI trading, a deposit is required. The designated commencement time for trading was October 25, 2024, at 15:00 (UTC).
2. Open Pre-sale
This phase allows users to actively trade MEMEFI pre-sale futures. This is the period where market activity begins to reflect early investor sentiment.
3. Futures Delivered
This status indicates that all MEMEFI pre-sale futures contracts have been successfully delivered to holders' accounts, finalizing this specific phase of the token launch.
Key Announcements on MEMEFI Pre-sale Futures
OKX Pre-sale Futures offer a mechanism to trade futures contracts for tokens like MEMEFI before their official launch by the project team. These MEMEFI futures are margined with USDT and are typically delivered shortly before the token is officially listed on the spot market.
The official listing date for the MEMEFI spot token is determined solely by the Memefi project team. As of now, there has been no official announcement regarding this specific date. OKX will promptly update the delivery time for MEMEFI pre-sale futures upon receiving an official notification from the Memefi team.
It's important to understand the settlement process. These futures use USDT margin. Following the delivery event, any positive or negative balance in your account will be automatically credited or settled accordingly.
Should there be any delays in the project's timeline, OKX will make a public announcement to communicate a new delivery schedule for the MEMEFI pre-sale futures, ensuring all participants are informed.
Understanding Pre-sale Futures Pricing
The pricing of MEMEFI pre-sale futures is driven by market behavior and trading activity. Consequently, these prices may not always accurately predict the final official listing price. While pre-sale futures can provide insights into market expectations, the eventual spot price of MEMEFI can be influenced by a wider range of factors post-launch. Therefore, a direct correlation between pre-sale futures prices and the final listing price should not be assumed.
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Frequently Asked Questions
What is the primary utility of the MEMEFI token?
The MEMEFI token is used for rewards within the MemeFi app, character development in its ecosystem, in-game microtransactions, and as a discount mechanism for services on its Telegram Ads network.
Who decides the official listing date for MEMEFI?
The official listing date for the MEMEFI token on the spot market is determined entirely by the Memefi project development team. Exchanges like OKX will update their timelines only after receiving official communication from the team.
How are the pre-sale futures for MEMEFI settled?
MEMEFI pre-sale futures are margined with USDT. After the delivery time, the system automatically credits or settles any account balances, converting futures positions into the actual asset or its cash equivalent.
Can the pre-sale futures price predict the final listing price?
Not necessarily. While pre-sale futures reflect market sentiment and expectations, the final listing price is subject to many other factors at the time of launch, meaning there is no guaranteed direct correlation.
What happens if the Memefi project delays its token listing?
If the project team announces a delay, OKX will subsequently update and announce a new delivery time for the MEMEFI pre-sale futures contracts to align with the revised project schedule.
Is there a risk of price volatility with pre-sale futures?
Yes, like any futures market, pre-sale futures can experience significant volatility as they are based on speculation and market demand before the official token launch.