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Memeland Launches $Meme Fire Presale For The Captainz NFT Holders

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Memeland
Memeland

The Captainz and Potatoz non-fungible token collection has seen a short spike in their trading sales volume after their creator, Memeland, launched an exclusive community presale for NFT holders. The highly anticipated short presale is live and expected to end on Friday this week.

The Captainz NFT Sales Pump 109%

Data compiled by cryptoslam.io, an on-chain data aggregator, indicates that the Captainz NFT collection has pumped slightly in sales, emerging as the fourth most traded NFT collection in the past 24 hours. During this period, the NFT collection has attracted a trading sales volume of $1.1 million, representing a 109% spike from the previous day.

The Captainz

Launched in January 2023, The Captainz is a collection of 9,999 utility-enabled PFPs that feature rarity-powered traits inspired by pirates, internet memes, and pop culture. The Captainz NFTs are the premier collection of Memeland. It represents the premier-level membership of Memeland.

The Potatoz is another NFT collection from the Captainz NFT creator Memeland, featuring a fixed set of 9,999 hosted on Ethereum, the largest network for NFTs. In light of the Memeland fire presale launch, Potatoz NFTs has pumped 183% in their trading sales volume. In the past 24 hours, Potatoz has recorded a trading sales volume of $239,863.

Potatoz

Source: CryptoSlam.io, Potatoz NFT trading activity

In an October 25 blog post, Memeland, the parent company of the Captainz NFT collection, confirmed the launching of its exclusive community member presales dubbed the “Fire Sale,” offering $MEME tokens to the Captainz NFT holders for a limited duration.

The long-awaited Memeland Fire Sale is live and set to last for just 28 hours. The token presale is designed to give early supporters and community members a unique opportunity to acquire $MEME tokens at a set price of $300 per lot, which consists of 300,000 $MEME.

The Memeland Fire Presale

The Memeland fire presale comes into two tiers: the Allowlist and the Waitlist. The Captainz NFT holders joining the Allowlist will have a guaranteed allocation, ensuring they purchase their desired lot without the typical sale frenzy. In contrast, the Waitlist is non-guaranteed and operates on a raffle system. Participants paying within the first hour of the Fire Sale get a boosted chance in the raffle by 6.9 times.

The Memeland Fire Sale will have a circulating supply of 7,590,000,000 $MEME, representing 11% of the total token supply. The initial unlock on the first day will be 2.75% of the total circulating supply. Over the next 18 months, the remaining tokens will be gradually released in the market.

The Memeland community has been eagerly waiting for a long time for the $MEME crypto token and the upcoming Memeland Fire Sale, and the initial reactions and execution of the Fire Sale may play a crucial role in determining short-term price action for the Memeland ecosystem NFTs.

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