The MemeFi pre-market price has stabilized at $0.014 USDT, with a floor price matching its last traded value. Early bids have reached as high as $0.012 USDT with a total trading volume exceeding 42,000 USDT ahead of its official Token Generation Event (TGE), scheduled for Nov. 22.
Recent data from trading charts shows a consistent upward trend, with the average order price at $0.013 USDT. Buy orders dominate at the $0.014 and $0.015 levels, showing increasing demand ahead of the TGE.
MemeFi pre-market trading started running from Oct. 25 on Kucoin and will last till TGE. This pre-market phase allows users to trade $MEMEFI before the token officially launches. The platform offers over-the-counter (OTC) trading options where buyers and sellers can set and match prices.
Tokenomics and Listing on Exchanges
Moreover, Bybit also introduced $MEMEFI perpetual contracts on Nov.12, offering up to 5x leverage. Another listing comes from MEXC, which announced $MEMEFI would be available in its Innovation Zone till TGE.
The structure of MemeFi tokenomics has been designed to prioritize community participation and decentralized governance. Out of the total supply of 10 billion tokens, 90% has been allocated to the community through airdrops, incentives, and ecosystem rewards. Smaller allocations have been reserved for liquidity, partnerships, and early adopters.
MemeFi Transition to Sui Network
MemeFi’s recent shift to the Sui Layer-1 blockchain has further strengthened its technical foundation. Sui offers faster transactions and enhanced scalability compared to traditional Layer-2 solutions like Ethereum’s Linea, which was the project’s initial choice.
In addition to its technical advancements, MemeFi has actively engaged its community through multiple airdrop campaigns. Ahead of the final snapshot on Nov. 6, the platform incentivized participation by offering 3x rewards for users who engaged in partner campaigns. This snapshot determined final eligibility for the airdrop.
To simplify the verification process, MemeFi introduced the OKX Airdrop Checker that allowed participants to confirm their eligibility status and prepare for token claims. On-chain claims opened during the TGE, allowing users to access their $MEMEFI rewards.