Memecoins
SCREAM on Solana launches to transform the perception of memecoin
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Launched today on Solana, SCREAM aims to redefine memecoins by providing a robust evaluation platform to strengthen their credibility and ensure transparency in the crypto ecosystem.
In the world of cryptocurrency, memecoins have often been referred to as “Shitcoins,” a term that takes away from their potential. However, memecoins have often provided considerable value to their investors and users.
Today we are announcing the launch of one such interesting memecoin – SCREAM on Solana. SCREAM is a new initiative aimed at redefining the perception and utility of memecoins within the crypto ecosystem.
Raising memecoin standards
SCREAM’s plan is to elevate memecoins to a similar level of credibility as more traditional altcoins. To achieve this, they are developing a robust platform designed to evaluate memecoins based on several critical factors.
Evaluation and transparency
The core of the SCREAM strategy involves a detailed evaluation process in which memecoins are scrutinized for their activity on social media platforms such as Twitter and Instagram, the caliber of influencers who endorse them, and the transparency of their project teams .
Inspired by efforts like ZachXBT’s, they aim to highlight and call out any deceptive practices within the space.
Each evaluated memecoin will receive a “trust score”, which will indicate the reliability and security of investing in these tokens based on the SCREAM team’s comprehensive analysis.
Giving the community the right to vote
With the aim of democratizing the platform, SCREAM will give its stakeholders the right to vote. By staking SCREAM tokens, investors can participate in decision-making processes regarding the fate of various memecoins.
The community will vote on which memecoins should be reviewed next, with the most voted memecoin receiving a trust score from the team’s analysts.
Interested investors will be excited to know that the SCREAM presale will begin on April 25, 2024. The team also delivered a presentation at Token2049 event and received an enthusiastic response from the audience.
To learn more about SCREAM, visit THE cry websitecontact Twitteror join the Telegram Community.
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