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Magic Ethereum Money

Magic Ethereum Money MEMPrice N/A

MEM Price

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General Info

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# Inactive

Description

MeM is a user-specific, stable-inflation rate, reflection token

Magic Ethereum Money (MEM) Chart

Magic Ethereum Money price Index provides the latest MEM price in US Dollars , BTC and ETH using an average from the world's leading crypto exchanges.

Additional Data

Total Supply

MEM 1,000,000,000,000

All Time High

$ 0.0000117

12 Mar 2022


All Time Low

$ 0.00…847

29 May 2022

Trending Magic Ethereum Money Fiat Pairs

What is Magic Ethereum Money (MEM)?

MeM is a user-specific, stable-inflation rate, reflection token. What that means is that whatever % of the total supply you purchase at any given time you will keep for the remainder of the time you hold the token. New tokens are minted from the taxes and are distributed to all current holders; this neutralizes the potential for holder bag dilution from inflation. Since every holder’s bag grows in direct proportion to the rate of inflation. The beneficial effect of having “reflations” is that a holder’s bag EXPONENTIALLY increases in value as the taxes mint new tokens. A .01% holder goes from holding .01% of 1T tokens to holding .01% of 10T tokens over time. So regardless of how much of the token you have you are guaranteed to gain an adequate amount of reflections; a magical solution to the holder distribution issue that many reflection tokens suffer from.

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