M3M3 (SOL: M3M3) Soars 90%+ In The Past Week As Meteora Eyes pump.fun Takeover: Could This Be The Game Changer You Have Been Seeking?

M3M3 (SOL: M3M3)

M3M3 (SOL: $M3M3) is a meme coin developed on Meteora’s innovative M3M3 meme coin launch platform. Soon after the platform launched, the Meteora community launched the $M3M3 meme coin.

The Innovative M3M3 Platform By Meteora

The M3M3 meme coin launch platform is based on the innovative Ve(3,3) mechanism used on decentralized exchanges. The name comes from Vote Escrowed (Ve), and the Nash equilibrium 3,3 payoff matrix that is used to explain game theory.

Within the model, there are three key roles for users. These are the Lock, the Liquidity Provider (LP), and the Seller. These three roles allow participants to stake tokens, provide liquidity, or sell tokens. In this model, the only win-win outcome is for participants to be either lockers or stakers, which ensure the long-term success of the project.

Why Meteora Developed M3M3

Meteora’s role is to stop the race to the bottom that the meme coin industry is currently experiencing. For instance, of the thousands of Solana meme coins listed on Dexscreener, less than 70 have a $1 million market cap or higher as of Thursday, January 23, 2025.

Additionally, of the millions of meme coins launched on pump.fun, almost 99% of them have a market cap of less than $1000. The reason for this is that everyone holding a meme coin is always in constant fear of others dumping on them, in what is the player vs player (PvP) model.

How M3M3 Solves The PvP Model

On M3M3, holders of a new meme coin can earn rewards via staking. However, only the top stakers will earn free rewards from the liquidity pools. The more you stake, the bigger your share of the fees from the permanently locked liquidity. This competitive model creates a race to the top as opposed to a race to the bottom. The actual meme coin must be staked, and not simply the LP tokens, to prevent the risk of impermanent loss.

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Stakers also earn SOL rewards through this model. Once they unstake, they must wait at least 6 hours before they can sell their coins. During this period, holders will not earn any staking rewards. They also have the option to change their mind, and being earning staking rewards. Overall, the M3M3 platform is designed to be quite easy to use, and requires no technical knowledge.

The M3M3 Coin Market Performance

Since its launch on December 4, 2024, the M3M3 meme coin has proven that this model works. It has a market cap of $111,496,230 as of Thursday, January 23, 2025, with a 24-hour trading volume of $3,125,381. The maximum supply of M3M3 is 999,999,979, with all tokens currently in circulation at a price of $0.1105 per token, representing a 24-hour gain of 32.1%.

The tokens have gained 97.8% in the past week and 64.4% in the past 30 days. In comparison, the overall crypto market is up only 0.70% in the past week, while meme coins have slumped 6.50% in the same period.

Since the token’s all-time high of $0.1866 on December 12, 2024, it has fallen 39.8%, which is better than most other meme coins. Meanwhile, the tokens have gained 121.4% since the all-time low of $0.0508 on December 19, 2024.

M3M3 (SOL: $M3M3)
M3M3 (SOL: $M3M3)

Social Media Following

M3M3 has 22.4k followers on X and 1,938 members in its Telegram group. 

Is Now A Good Time To Add M3M3 To Your Portfolio?

The M3M3 token was the first token to launch on Meteora’s innovative M3M3 token launch platform, which aims to be a competitor to pump.fun. Its incentive model creates a push to the top, as opposed to the pump.fun platform, which often results in all holders trying to outsell each other. Consequently, as Meteora’s platform grows in popularity, its price could soar, making it a potentially great addition to your portfolio. 

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