Bitget New Coin Listing Announcement
Cheems (CHEEMS) has been listed on Bitget!
ChatGPT Research
Cheems (CHEEMS) is a cryptocurrency project known for its association with the popular internet meme character “Cheems,” which is a Shiba Inu dog widely shared for its humorous captions. The project leverages this meme culture to engage a community-centric audience, often focusing on light-hearted yet impactful community contributions and charitable efforts. Cryptocurrencies like Cheems aim to capitalize on the viral nature of memes to build a strong, enthusiastic community base and execute unique branding opportunities.
Since Cheems has been listed on the Bitget exchange, it indicates that the token has gained enough traction to be supported by significant cryptocurrency platforms, offering increased accessibility and liquidity to potential investors. The listing on Bitget may be a strategic move to enhance the project’s visibility, allowing more users to trade CHEEMS tokens easily and potentially driving up trading volume.
The Cheems project generally engages its community through social media channels, fostering an environment where holders can participate in various events and discussions related to the evolving meme culture. When meme-based projects like Cheems get listed on major exchanges, it often reflects an underlying community strength and an active participation base, which are critical for sustaining momentum in such niche markets.
Overall, the strategic listing on Bitget could serve as a catalyst for further growth and recognition for the Cheems project in the broader crypto market.
Perplexity Research
Tokenomics of Cheems (CHEEMS)
Total Supply and Circulating Supply
The total supply of Cheems tokens is approximately 2.78 billion CHEEMS[3][4].
The circulating supply is around 2.55 billion CHEEMS, which is about 91.7% of the total supply[3].
Distribution
A significant portion of the tokens, 84.92%, was airdropped, totaling 2,073,700,785.132 CHEEMS tokens. The remaining distribution includes liquidity provision, among other allocations[3].
Utility Within the Ecosystem
Cheems tokens are used within a vibrant community that values free speech and innovation. The tokens are integral to various projects, such as Cheems Arena, a video game, and other community-driven initiatives like the sex.sol casino and The Jeets Protocol. These projects aim to expand the utility and reach of Cheems beyond traditional boundaries[3].
Revenue Model
There is no detailed information available on the specific revenue model of Cheems, including fee structures or transaction costs. The project’s sustainability appears to be driven by community activities and the development of various projects within the ecosystem.
Market Position
Competitive Advantage
Cheems is one of the first memecoins on the Solana blockchain and has established a significant presence in the meme-based cryptocurrency market. Its unique selling point is the strong and active community that champions free speech and innovation, setting it apart from other memecoins[3].
Market Share and Adoption
Cheems has a notable market cap of $156,307,194 and a large circulating supply, indicating a considerable market presence. However, specific metrics on market share compared to similar projects are not available[4].
Growth Potential
Roadmap and Upcoming Features
There is no detailed information available on the specific roadmap or upcoming features for Cheems. However, the community’s commitment to innovation and the development of new projects suggests ongoing growth and expansion efforts[3].
Partnerships and Integrations
The listing on Bitget could be seen as a positive step for growth, as it increases the token’s visibility and accessibility. However, specific details on other partnerships or integrations are not provided.
Potential Returns for Investors
Staking Rewards and APY
There is no information available on staking rewards or APY for Cheems tokens.
Liquidity Provision Opportunities
While liquidity provision is mentioned as part of the token distribution, there are no details on associated rewards for providing liquidity.
Capital Appreciation
Potential returns through capital appreciation would depend on the adoption and demand for Cheems tokens, which could be influenced by the community’s ongoing innovative projects and the token’s listing on exchanges like Bitget.
Unique Incentive Structures
The community-driven projects and the overall ecosystem’s focus on innovation could serve as unique incentives for holding or using Cheems tokens, although specific earning mechanisms are not detailed.
Citations
CHEEMS, on bitget
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Unlocking the Cheems Phenomenon: A Deep Dive into Tokenomics and Community Power
Discover the secrets behind Cheems’ explosive growth, unique distribution model, and the potential for future innovations in the memecoin landscape.