Binance Labs invests in Memeland, boosting MEME crypto’s price to $0.031 amid market volatility.
Memeland connects developers and NFT creators using memes, and plans to compete with popular memecoins.
Binance Labs, the venture capital and incubator arm of the renowned global exchange Binance, has announced its investment in Memeland, a crypto project with a unique twist.
In an announcement on January 4, 2024, Binance Labs announced that, while it did not reveal the precise investment amount, it had pledged unknown cash to help Memeland achieve its objectives. This strategic move by Binance Labs underscores the potential and significance of Memeland in the cryptocurrency space.
We’ve invested in @memecoin (MEME), the native token of @Memeland!
Memeland focuses on building and investing in SocialFi and creator economies to connect creators and communities.
Read morehttps://t.co/LIpo30DoNL
— Binance Labs Fund (@BinanceLabs) January 4, 2024
The announcement of Binance Labs’ in
