MemeFi Token Listing and Distribution Begins Today, November 22
The MemeFi (MEMEFI) token listing and distribution starts today, November 22. Participants can claim and trade their tokens immediately on various exchanges.
The Telegram-based play-to-earn game announced that the on-chain claim process begins at 12:00 UTC, allowing eligible users to secure their tokens. Trading will commence one hour later at 13:00 UTC on exchanges such as CoinEx Global, Bybit, Bitget, KuCoin, and OKX.
Participants must create a new OKX Wallet, or import an existing wallet using a seed phrase for smooth claiming. The MemeFi team has advised users who have trouble finding the OKX Wallet in their mobile stores to use the official OKX Wallet Telegram app, available globally.
Users can track their ecosystem activity by importing the relevant wallet with a seed phrase, as private keys are not supported for this process. After importing the wallet into the OKX Wallet app, users can view their $MEMEFI token allocations and claim them directly. Those with multiple wallets linked to different activities need to connect each wallet to the MemeFi app to claim the respective tokens. The team stated:
“Import your Web3 wallet from Testnet, Mainnet/other activities to the OKX wallet. Use it to check your allocation and claim it! As the wallet is multichain, the same seed will do. Note that to claim allocations from several wallets, you need to iteratively connect them to the MemeFi app and initiate claims for each of the allocations.”
What to Expect during the MEMEFI Token's Market Debut
The MEMEFI token's market entry is anticipated to generate excitement within the play-to-earn community. Following the claiming process, users will observe market reactions. The distribution does not incur SUI fees for token claims; however, future on-chain actions involving the MEMEFI token will require approximately 0.001 SUI. This fee may rise with increased network activity but remains affordable for users currently.
The community’s response to the token’s market debut will influence perceptions of the distribution process's fairness and efficiency. With multiple platform listings, the MEMEFI token's market introduction promises to be an engaging event for players and traders alike.