MEMEFI token gets a new listing date; here's when to expect it

Memefi , the popular blockchain-based platform, has announced a revised listing date for its MEMEFI token , which will now debut on the OKX exchange on November 22, 2024, at 1 PM UTC. Originally slated for November 12, the new schedule introduces a 10-day delay aimed at ensuring all final preparations are completed for a seamless launch, as per reports. Alongside the listing update, Memefi also adjusted key dates for associated events, such as the snapshot and mining timelines, which are now set for November 15.


MEMEFI token listing key details


The MEMEFI token’s listing on the OKX exchange will include trading in the MEMEFI/USDT pair. The revised schedule aims to optimize the listing process, ensuring the platform’s readiness for high trading volumes and enhancing user experience.

• Deposit date: MEMEFI token deposits will open on November 11, 2024, at 10 AM. UTC, allowing traders sufficient time to prepare for the official listing.
• Call auction: On the same day, OKX will conduct a call auction from 12 PM to 1 PM UTC, which will smoothly transition into spot trading.
• Spot trading: Spot trading for the MEMEFI token will commence immediately after the call auction at 1 PM UTC.
• Withdrawal availability: Withdrawals will be enabled starting November 23, 2024, at 1:00 p.m. UTC.

The Memefi team has indicated that the extension will help finalize key operational and security protocols essential for the listing. This delay will also allow time for users to familiarize themselves with the trading schedule and ensure an efficient launch day experience.


MEMEFI token: Snapshot and mining dates updated


In addition to the listing delay, Memefi has postponed both the snapshot and mining dates for the MEMEFI token, moving these events to November 15, 2024. The snapshot captures the current token distribution, essential for reward calculations, while mining facilitates the token issuance process.


The company stated that these updates align with its commitment to delivering a reliable token experience for all stakeholders, ensuring all technical and logistical aspects meet the high standards of its user base.


Concurrent listing on Gate.io


To increase accessibility, Memefi has arranged for a simultaneous listing on Gate.io. By expanding the MEMEFI token’s availability to Gate.io, the platform aims to reach a broader audience, enhancing trading liquidity and accessibility. Gate.io users will have similar access to the MEMEFI/USDT trading pair, allowing the token to reach a more extensive network of investors and traders.


MEMEFI token performance in pre-market futures


The MEMEFI token is already available for pre-market futures trading on OKX, where it has experienced notable fluctuations in recent months. After an initial price decline of over 30%, the token began to show a recovery trend, particularly in October, reflecting renewed investor interest. The MEMEFI token’s performance has been watched closely, as its recovery suggests potential growth and stability leading up to the official listing.


Strategic partnerships and expanding ecosystem


Memefi has been actively forming partnerships to expand its ecosystem, enhance the MEMEFI token’s utility, and improve the overall platform experience. Two significant collaborations have been announced:

• Partnership with Mysten Labs: Memefi has teamed up with Mysten Labs, a blockchain technology company, to integrate features from the Sui blockchain into its services on Telegram. This integration is expected to enhance Memefi’s functionality on social media, adding new interactive options for users.

• Community prize pool with Binance: Memefi has also collaborated with Binance to establish a community prize pool valued at $150,000. As part of this initiative, 20 iPhone 16 Pro Max devices and five luxury Franck Muller watches will be distributed to winners, providing additional incentives for the community. These prizes are intended to celebrate the MEMEFI token’s journey and boost community engagement around the new listing.

User advisory and market readiness

As a standard reminder to its users, Memefi encourages individuals to conduct their own research before investing in the MEMEFI token or any other cryptocurrency. The recent announcement includes cautionary advice about third-party content, as provided by platforms like CoinMarketCap, urging users to make informed decisions.

The announcement emphasized that while Memefi strives to offer an optimal listing experience, cryptocurrency investments carry inherent risks. It is important for potential investors to thoroughly understand the MEMEFI token’s structure, market trends, and associated risks before participating in trading activities.

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