Key Points
- PINK Memecoin debuted with a total supply of 2.3 billion tokens, marking Polkadot’s entry into the memecoin trend.
- PINK’s features include interactive gaming and strategic parachain collaborations.
The memecoin trend has been gaining momentum in the past few weeks, and this is happening especially on Solana. Tokens such as BONK, Slerf, and others have seen impressive returns.
The highly speculative tokens continue to attract attention and this is especially thanks to the strong communities behind them.
Polkadot has just entered the memecoin frenzy with the new launch of community token, PINK memecoin.
This Memecoin initiative is targeting the achievement of greater engagement and participation within the Polkadot ecosystem. This is definitely a significant milestone for the platform’s community.
The introduction of this token is marked by a conscious effort to ensure an impartial distribution throughout the Polkadot network.
The token’s overall supply is limited to 2.3 billion tokens, reflecting the platform’s pledge towards inclusivity and just reward systems for dedicated contributors and members of the community.
🎀 We're live! 🎀
🎊 The airdrop has already started on Moonbeam as $xcPINK.
➡️ Over the next minutes, you will receive your tokens + a bit of $GLMR to cover some gas fee.
🔥 $PINK is available on @Beamswapio and @StellaSwap in xcDOT/xcPINK
🎉Surprise!
➡️ You can also… https://t.co/VP223fE1hz
— $PINK (@pinkonomic) March 21, 2024
$PINK is now live on Beamswap, and you can start trading it there.
On DexScreener, PINK is priced at about $0.002, at the moment of writing this article, up by 3% in the past hour.
PINK has a market cap of $2.8M.
Both $PINK and xcPINK on Moonbeam Network are fully supported in SubWallet.
Both $PINK and xcPINK on @MoonbeamNetwork are fully supported in SubWallet: browser extension, mobile app and web dashboard 💪
Counting down to the airdrop with @pinkonomic – only a few hours to go⏰ https://t.co/LMkzZA6nbI pic.twitter.com/Yy2BbdmwRi
— SubWallet (@subwalletapp) March 21, 2024
Introducing PINKDROP GameFi
An important part of the PINK launch is the introduction of a browser-based game called PINKDROP, created by the Great Escape Game Studio.
Our website has been updated!
🎀 You can check your Pink Points total from the following tranches:
1. #Pinkdrop v1.0 ✅
3. Gaming initiatives ✅
4. Pink Pre-launch Party (including #Galxe) ✅
5. #Pinkdrop v2.0 ✅👀 Only the Parachain Party (tranche 2) will be delivered… pic.twitter.com/UzgTK7Lh3k
— $PINK (@pinkonomic) March 21, 2024
This game is designed to help people understand the Polkadot ecosystem in an engaging way, and it offers interactive challenges that explain parachain concepts. PINKDROP promotes community interaction, making it a fun way to learn about Polkadot.
15% of the token supply is reserved for PINKDROP participants, incentivizing active involvement and exploration in the ecosystem.
Polkadot is positioning itself as a leader in the blockchain space by leveraging memecoin dynamics, implementing strategic initiatives like PINKDROP, and integrating with the gaming ecosystem to drive the adoption and utility of DeFi.