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The memecoin market continues to gain massive traction among crypto and non-fungible token collectors, forcing many non-fungible token projects to launch memecoin projects just to remain relevant amid the recent NFT short bear market. Mad Lads, one of the leading collections of non-fungible tokens in the Solana ecosystem, is the latest NFT project to join the memecoin obsession.
In a blog post on April 11, Mad Lads confirmed their partnership with Sharky to launch a $SHARK memecoin. The new memecoin will be given to cryptocurrency and NFT investors who own Mad Lads NFT collections, who would have reserved their allocation by April 14, 2024.
Fuck it. Not only are we cool, but we’re on a whole new level of awesome! 🦈 ❤️ 🎒
Great news for everyone @MadLads headlines: you will get a special $SHARK airdrop! 🪂🚀
Book your assignment now at https://t.co/SluRxSItLH
Don’t miss it: the deadline is Saturday, April 14 at 00:00… pic.twitter.com/EzGQyMpQnh
– Sharky 🦈 NFT Backed Loans (@SharkyFi) April 11, 2024
Mad Lads X Sharky Integration
Launched in April 2023, Mad Lads is a collection of non-fungible tokens from the famous framework development company Solana Coral, led by Armani Ferrante and Tristan Yver. The Mad Lads NFT project was launched exclusively through Backpack, an all-in-one wallet app created by Coral.
Mad Lads, an NFT collection featuring a limited edition of 10,000 executable NFTs (xNFTs), also known as the next generation of NFTs hosted on the Solana blockchain network, has rapidly grown to become the leading NFT project in the NFT ecosystem. from Solana.
On the other hand, Sharky is reported to be the first escrow-free NFT lending protocol in the short history of cryptocurrencies. The lending protocol allows all Solana NFT holders to borrow ‘SOL’ liquidity from Solana using their NFTs as collateral. Sharky has also quickly grown to become one of the leading NFT lending protocols, competing with other lending protocols like Blend.
Mad Lads and Sharky team up to launch a Memecoin
Mad Lads and Sharky have joined forces to launch a new memecoin, $SHARK, which will make them relevant amid the recent memecoin frenzy. The new memecoin will be airdropped to all Mad Lads NFT holders who secure their allotment by Saturday, April 14.
Meanwhile, the Mad Lads NFT floor price has reacted slightly to the memecoin launch. In the last few hours, the minimum price of Mad Lads has increased by 7.8%, going from around 129 SOL to 134 SOL. The Mad Lads price floor is showing bullish signs of skyrocketing further as the new token gains traction among more traders.
Fountain: coingecko.comMad Lands NFT Trading Activity
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