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‘RNMD’ the Meme coin Degen’s New Best Friend | Web3 Daily

8 August 2024
in Web3
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TL;DR

Full Story

“It’s higher to be liked for who you’re, than to vary to match what others need.”

— Chevy’s mother, after his crush laughed at his break dance efficiency in center faculty.

This can be a comparable story 👇

Our buddy Vijay created a crypto integration (known as RNDM) that’s slightly too efficient for its personal good…

It really works like this:

Say somebody presents to promote 1 ETH at $2900, however all of the patrons on an alternate are solely keen to purchase at $2899, RNDM is available in → makes up the $1 distinction → and ekes out a small return from charges and airdrop allocations.

Try this 1000’s of instances a day and also you’re making a tidy revenue!

Drawback is, Vijay’s tech is just too environment friendly for its personal good. It takes a tiny amount of cash and generates wild buying and selling quantity with it…

However exchanges don’t need a tiny amount of cash locked on their platform (aka: Complete Worth Locked / TVL), they need as a lot TVL as humanly attainable — trigger it attracts extra funding/customers.

So now Vijay’s pivoting.

And the pivot speaks so clearly to our degenerate hearts that we not solely need to discuss it, however we’ve even provided to put in writing RNDM’s copy.

(No sponsorship, no token allocation — we similar to the concept).

So, what’s the play? Let’s begin right here…

Meme cash are an consideration sport. You realize it. We all know it.

And extra quantity = extra consideration.

Drawback is, it’s laborious to generate quantity on a budget.

…however RNDM’s tech does precisely that.

Proper now, it’s doing it for the majors (it’s generated 110M+ in quantity throughout Base, Arbitrum, Avalanche, and Motion, with below $100k beginning capital).

However from right here on out, RNDM is coming for the memes — permitting anybody to deposit within the a whole lot, and generate quantity within the tens of 1000’s for any random token.

Making meme coin buying and selling smoother (patrons/sellers get the costs they need), and rising the general pie within the course of.

Helluva idea!



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Tags: CoinDailyDegensFriendMemeRNMDWeb3
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