MemeFi Shifts to Sui for Token Launch

In a bold move just weeks before its anticipated token launch, MemeFi—a Telegram-based combat game—has announced its shift from Ethereum’s Linea to the Sui network. This unexpected switch marks a strategic alignment with Mysten Labs, Sui’s development team, promising not only a faster blockchain experience but also a new integration between the Sui network and Telegram.

The MemeFi team confirmed that MEMEFI, their native token, will officially launch on Sui’s layer-1 network on November 12, replacing their initial October date. With this switch, MemeFi is gearing up to differentiate itself from the typical Telegram gaming space, which has largely gravitated towards The Open Network (TON), the in-house network originally designed by Telegram.

The Benefits of the Sui Network

The developers of MemeFi have made it clear why they chose Sui for this launch. According to the team, Sui offers a combination of speed, affordability, and smooth transaction capabilities, attributes essential for a high-traffic game. In a Telegram post, they highlighted that the in-app features on Sui will give users a seamless experience within Telegram, making it easy for players to get comfortable with the new network through direct interaction. This partnership also reflects Sui’s broader efforts to establish its presence in the burgeoning space of Telegram-based crypto games.

Mysten Labs, the creator of Sui, has partnered with MemeFi to bolster marketing efforts and showcase the strengths of the Sui ecosystem through this high-profile collaboration. Sui’s entry into Telegram via MemeFi could set it apart as an appealing option for future crypto game developers, especially if users respond positively to its performance.

Finalizing the MEMEFI Token Airdrop and Distribution

MemeFi’s community has been eagerly awaiting the MEMEFI token, originally set to launch on October 9. However, with the recent shift to Sui, the developers postponed the release and confirmed November 12 as the new launch date. Before the big day, MemeFi plans to take a final snapshot of player activity on November 6, which will serve as the basis for the airdrop distribution. This move allows for a more accurate allocation of tokens based on active engagement.

In the meantime, players can get a sneak peek at their potential allocations through OKX Wallet, which provides a pre-check option based on partial data. The final token allocations will be made public on November 8, allowing participants to know their airdrop shares ahead of time.

Early Trading on OKX Futures Platform

In another exciting development, OKX has opened pre-market trading for MEMEFI on its futures platform. This pre-launch trading window lets users speculate on the Sui-based token’s price, adding an early opportunity for those interested in the market potential of MEMEFI. This futures option not only reflects the growing excitement around MemeFi but also gives the community a way to engage with the token’s market before its official release.

The shift to Sui and the addition of futures trading signal a new phase for MemeFi, aiming to stand out among popular Telegram games like Notcoin, Hamster Kombat, and Catizen, which have predominantly stayed within the TON ecosystem. This change, however, sets MemeFi apart by emphasizing a more dynamic and high-performance platform.

Conclusion

With the move to Sui, MemeFi is setting the stage for a new era in Telegram-based crypto games. The collaboration with Mysten Labs could introduce Sui to a broader audience, and the upcoming MEMEFI token airdrop adds to the excitement. As November 12 approaches, anticipation builds around MemeFi’s path forward, especially with the pre-market trading option now live on OKX. By choosing Sui, MemeFi shows that it’s not just about gaming but about pioneering the next chapter of blockchain integration in the crypto gaming world.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Bullish Times is a marketing agency committed to providing corporate-grade press coverage and shall not be liable for any loss or damage arising from reliance on this information. Readers should perform their own research and due diligence before engaging in any financial activities.

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