TechFlow reports on March 5, Flap founder Cedric questioned FourMeme's "fair launch" mechanism on Twitter. In response, FourMeme told him to "launch your own project if you think you can do better." In reply, Cedric launched a Meme token $MONEY on FourMeme, with the slogan: "You can't beat the institutions, but you can meme them into oblivion."
On-chain data shows the token's price surged by 5,800% in a short period, currently trading at $0.004, reaching a market cap of $4.59 million. Additionally, after the token launch, Cedric burned 20% of the FDV held in the Dev address.
Note: Meme coins have no practical utility and are highly volatile due to market sentiment. Please invest cautiously. This content is for informational purposes only and does not constitute any investment advice.
