TechFlow reports, according to on-chain analyst Aunt AI, a large number of small-sized MEME buy orders have appeared on-chain, mostly purchasing 70–80 tokens (approximately $2); the current number of MEME token holders stands at 74,589. If all 4 million participating addresses were to acquire a minimum of 69 tokens each, a total of 270 million MEME tokens would need to be transferred or purchased within seven days, amounting to $7.49 million.
On-chain data shows that some addresses have already begun bulk distribution of MEME tokens. For instance, an address starting with 0xDb9 spent 0.4 ETH in gas fees three hours ago to distribute 69,000 MEME tokens across 1,000 addresses, with a cost of approximately $3 per address.
Previous report: Memeland will distribute FARMING rewards to users, requiring wallets to hold at least 69 MEME tokens to claim.
