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Analysoor: The first community Meme coin WHEN is scheduled to be released on December 26th

Analysoor: The first community Meme coin WHEN is scheduled to be released on December 26th

2023/12/26 03:21
ZERO0.00%SOL0.00%

On December 26th, Analysoor officially announced that the first community meme coin WHEN will be minted at 22:00 Beijing time today. The minting price is set at 0.05 SOL + 1 ZERO, and there are no restrictions on public minting. A lottery verification program will be provided. The total token supply is 4.2 billion, with 48% being publicly minted at a price of 0.05 SOL + 1 ZERO. Another 48% of the tokens will be added to an AMM pool on Meteora along with all collected SOL fees, and the corresponding liquidity tokens will be locked for two years, benefiting Solana founder Anatoly Yakovenko. In addition, 3% of the supply will be distributed as gifts to ONE holders within three days after minting, with the specific snapshot time remaining mysterious. Finally, 1% of the tokens will gradually be allocated to four ambassadors in the community over one year.

The minting activity is expected to last for at least one hour with a target of reaching 7,000 valid blocks; this validation method will differ from previous ones. All ZERO collected during the minting period will be stored in a specific wallet for potential listing on top three CEXs in order to meet their liquidity requirements.

It's worth noting that this is a lottery-style minting where only one winner can be selected per block; all collected fees will be used to enhance liquidity. Analysoor stated that they won't charge any fees or distribute any funds during this event - it's entirely a community-driven meme coin project.

Trading is expected to begin after midnight on December 27th (Beijing time), so please beware not to trade any counterfeit tokens.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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