Scream ($SCREAM) has unveiled its plans to bring respectability to the memecoin game. With a fun twist, this Solana-based project wants to unite the meme community and add real value. The upcoming presale on April 25th is already creating buzz in the cryptosphere.
Today, we’ll briefly review this rising trend in memecoins and introduce Scream’s unique proposition. Let’s see how they aim to change the narrative around meme coins with innovative analysis capabilities.
What is Scream? The Main Vision of the Team
Scream is a new project on Solana aimed at bringing value and respectability to the world of Memecoins.
The term “shitcoins” has gained popularity in the crypto world, referring to meme-inspired coins with little to no real value. The Scream team aims to end this trend and create a platform for analyzing these tokens.
This platform will focus on various aspects, such as social media behavior, influencer reputation, and project analysis. Using this data, Scream will assign a trust score to each meme token. The aim is to provide investors with helpful details and help them make informed decisions.
Presale Details (and How to Buy $SCREAM After Launch)
The project’s presale will officially open on April 25th (5:30 PM PST or 8:30 PM EST). Several features make this presale unique and worth considering for potential investors. First of all, there will be no vesting period for the tokens purchased during the presale. Therefore, investors will have immediate access to their tokens after the presale ends.
Furthermore, KYC (Know Your Customer) and audit procedures are in progress, providing additional security and transparency for investors. The project has also been trending on all major platforms, including CMC (CoinMarketCap) and CG (CoinGecko). This fast track to recognition is a promising sign of the project’s potential success.
Several top Key Opinion Leaders (KOLs) have promoted the project on multiple social channels to further boost investor confidence. Their support and endorsement of the project can help attract more investors and drive up demand for the token.
In addition, the team will send out airdrops immediately after the token launch. The strategy provides an extra incentive for investors who participate in the presale. This is a rare opportunity to invest in a promising project and potentially receive additional tokens for free.
After the presale, $SCREAM will be available on various exchanges where investors can buy and trade the token:
First, users must ensure they have a Solana-compatible wallet, such as Sollet or Phantom.
Then, they can visit a reputable Solana-based DEX like Serum or Raydium to access the token.
Next, users must connect their wallets to the DEX platform. Here, they’ll need to use their SOL or other supported tokens to swap for $SCREAM.
Once purchased, it will be possible to transfer the $SCREAM tokens to a secure Solana wallet for safekeeping.
The project’s X page will share more information about the upcoming presale with the community.
Tokenomics
Another essential aspect to note about the $SCREAM token is its distribution plan:
30% of the token supply will go to the liquidity pool. The idea here is to ensure healthy liquidity for traders and investors.
20% of the tokens will go to the presale event. This is an opportunity for early supporters and believers in the project to acquire $SCREAM tokens at a discounted price.
10% will fund marketing campaigns to spread awareness and attract more users to the $SCREAM platform.
Another 10% will enable $SCREAM to go live on centralized and decentralized exchanges (CEX/DEX), increasing its accessibility and utility.
10% will enter the project’s treasury. In simple terms, this is a reserve fund with various purposes. The treasury will incentivize token holders and burn tokens to decrease supply and increase value, among other initiatives.
10% will represent staking rewards, allowing token holders to earn passive income by staking their $SCREAM tokens.
5% of the tokens will enter an airdrop program. Airdrops distribute free tokens to eligible participants as a form of promotion and reward.
Lastly, 5% of the total token supply will go to the project team.
The token allocation is clear and creates no major concerns for potential investors. This is because it openly aims to benefit both the project and its community. Additionally, the treasury aspect shows a long-term vision for $SCREAM.
Community Initiatives
As a final consideration, it is worth mentioning the community initiatives taken by the Scream project team. Just a few days ago, when their social media account surpassed 2,000 followers, the team shared an announcement with everyone. Specifically, the project chose to give away 1 million tokens in a contest.
This type of initiative helps increase the project’s visibility, attract new users, and create a strong bond with the existing community. These operations show that the team values its community and is willing to give back for their support.
Community initiatives are generally very effective in the Web3 sector as a market traction strategy. Scream’s official website is a great source of information for finding out more about this project’s features and presale. Additionally, its social pages (X and Telegram) constantly update the growing Scream community. The team also had a speaker representative in Dubai.
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