XT Announces The Listing Of SALMAN (Mohameme Bit Salman)

XT, a leading socially infused trading platform, is elated to announce the listing of SALMAN (Mohameme Bit Salman) on its platform in the Main Zone (MEMEs).

In anticipation of the listing, XT began trading the SALMAN/USDT trading pair on 21st June 2024 at 9:00 UTC. The listing will notably expose the SALMAN token to a wider audience of more than 6 million users, helping further its mission.

The Mohameme Bit Salman is named after the richest individual on the planet. The project is the new meme coin in town, created to increase meme coin adoption while introducing cutting-edge features that will help foster an inclusive and dynamic community. By design, SALMAN combines the fun and viral nature of meme coins to push the boundaries of its predecessors by redefining the meme coin narrative. 

SALMAN is an ERC-20 token deployed on the Ethereum layer 1 blockchain. It aims to blend humor, financial innovation, and community engagement. SALMAN has a total supply of 420,690,000,000 tokens, serving numerous utilities on the SALMAN ecosystem. Following the listing, token holders can now engage in trading activities in addition to governance and staking. 

SALMAN’s tokenomics is carefully crafted to ensure the project’s long-term success. With no buy or sex tax, the token deploys a notable deflationary mechanism that will burn 15% of the total supply. This mechanism aims to increase the token’s value while controlling inflation. The team has allocated 70% of the tokens for trading increasing accessibility and making it attractive to a broader audience. A portion of the SALMAN token supply will be used for charitable initiatives, reflecting SALMAN’s commitment to giving back to the community and making a positive impact on the world.

Commenting on the listing, Albin Warin, CEO of XT, stated:

“We are excited to welcome SALMAN listing on XT Exchange. This project, with its community engagement, and financial innovation, is set to change the meme coin landscape. By incorporating elements like meme staking, NFT marketplaces, and play-to-earn gaming, we believe the project offers a dynamic and inclusive ecosystem that we believe will greatly appeal to our users.”

At the center of SALMAN’s vision is the Neo Project, an innovative initiative designed to create a meme-centric digital city. The Neo Project will feature unique elements, namely, a zero-transaction fee corridor for instant meme exchanges and LOL Line. The project will also feature TrolArena, a virtual amusement part created to host meme contests and viral challenges, and Shangri-Lol, a luxurious haven for crypto investors. In addition, Neo will feature  Jokebox, a decentralized marketplace offering meme creators and collectors a platform to trade exclusive meme NFTs.

SALMAN still has a long roadmap ahead that will be listed on other leading exchanges, NFT marketplaces, and the development of innovative features like meme staking.