APES•SENDAPES•SEND ($SENDY): The New Meme coin with Big Potential
2024-06-27
Key Takeaways:
- $SENDY is a memecoin designed for speculative fun and community engagement, marking a significant event as the first token launch on Runespad.
- Unlike utility tokens, $SENDY serves no practical purpose beyond entertainment, aiming to "fly to the moon" in value.
- The $SENDY launch on June 18th tests Runespad's platform strength and aims to showcase community support to crypto exchanges.
In the fast-paced realm of cryptocurrency, new projects constantly capture attention, and one of the latest to make headlines is APES•SENDAPES•SEND ($SENDY), a meme coin slated for launch on June 18th through Runespad.
Here's a detailed exploration of what $SENDY entails, its distinctions from $RUNI, and the reasons behind its growing popularity in the crypto sphere.
What is $SENDY?
$SENDY is described as a "useless memecoin," a playful term that highlights its speculative nature. Unlike utility tokens that serve specific functions within a platform, memecoins are often created as a form of entertainment or social experiment within the crypto world.
Despite its self-deprecating label, $SENDY’s launch is a significant event, marking the first launch on Runespad and serving as a crucial stress test for the platform.
Key Facts about $SENDY:
- Token Name: APES•SENDAPES•SEND
- CEX Ticker: $SENDY
- Total Supply: 50,000
- Divisibility: 6
- Runes ID: 840369:3600
- Amount to be Distributed: Approximately 42,000 tokens
- Liquidity + Reserve: Approximately 8,000 tokens
- Vesting: None
- Cost per Token: To be determined (expected to be low, around one figure)
The overarching goal for $SENDY? To "fly to the moon," a popular phrase in the crypto community symbolizing significant value appreciation.
$SENDY vs. $RUNI: What's the Difference?
At first glance, having two tokens—$SENDY and $RUNI—might seem confusing. However, these tokens serve very different purposes:
- $SENDY is a memecoin designed for high speculation and community engagement. It’s about fun and experimentation rather than practical utility.
- $RUNI is the utility token of RunesTerminal, offering access to all current and future RunesTerminal products. It has a defined use case within the platform’s ecosystem.
Strategy for the $SENDY Memecubation
The launch of $SENDY is not just about introducing a new token; it’s a strategic move to test Runespad's platform and infrastructure. The aim is to demonstrate the strength of the RunesTerminal community to various crypto exchanges.
Participants can join one of five pools:
- VIP Pool (highest allocation)
- ApeHolder Pool
- MagicEden Pool
- BOB Pool
- Public Pool
Allocation per user is intentionally kept low to prevent the congestion often seen in free-mint events. Instead of an investment opportunity, this is billed as a community event, with charges primarily covering distribution fees and liquidity on centralized and decentralized exchanges.
The sale will take place on Binance Smart Chain, allowing participants to contribute a minimal amount of $USDT, typically below $10. The specific contribution limits depend on the pool, with VIP pool members allowed to contribute more than those in the public pool.
The sale operates on a first-come, first-served basis and will be open for a limited number of hours. Following the sale, participants will receive their $SENDY tokens in their Bitcoin wallets on the Runes protocol.
How to Participate
To join the $SENDY memecubation, users need to create an account on RunesTerminal. This involves connecting both an EVM wallet and a Bitcoin wallet. Even with an account, speed is crucial as the launch will be first-come, first-served.
Post-Launch Trading
After the launch, $SENDY will be tradable on a smaller centralized exchange and Magic Eden. Decentralized exchanges (DEXs) might follow, broadening the avenues for trading.
Conclusion
The introduction of $SENDY is not just about adding another memecoin to the market; it represents a significant milestone for Runespad and showcases the dynamic and playful side of cryptocurrency.
Whether you're a seasoned crypto enthusiast or new to digital currencies, $SENDY offers a unique opportunity to engage with the community and experience the speculative excitement of the crypto market. Join the memecubation and be part of this thrilling journey.
FAQs:
- What is the total supply of $SENDY? $SENDY has a total supply of 50,000 tokens, with approximately 42,000 tokens set for distribution.
- How can one participate in the $SENDY memecubation? Participants can join through various pools on RunesTerminal, contributing a minimal amount of $USDT, with VIP pool members having higher allocation limits.
- Where can $SENDY tokens be traded post-launch? $SENDY will initially trade on a smaller centralized exchange and Magic Eden, with potential expansion to decentralized exchanges (DEXs) in the future.
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Disclaimer: The content of this article does not constitute financial or investment advice.
