LimeWire Unites PEPE & DOGE, Generates $14M in Token Sale

  • Music NFT platform LimeWire opened the $LMWR public sale.
  • Bitpanda is the first to list $LMWR, with four major exchanges to follow.
  • DOGE and PEPE were added as payment methods after the community vote.

Yesterday, the legacy file-sharing service LimeWire rolled out the initial sale of LimeWire (LMWR) tokens. LimeWire made the switch to an NFT-based social network in March 2022. Currently, the public sale stage is still active on LimeWire Launchpad.

However, it’s likely that the public sale of $LMWR will close today, as it reached 90% of its $15 million target. This goal combines private and public sales, while the executive team of LimeWire counted up $3,000,000 raised in the past 24 hours.

Crypto Twitter Rushes to Grab a Piece

Meanwhile, Twitter music and blockchain fans share screenshots of their acquisitions. To illustrate, crypto enthusiast Che$$y King purchased 1,674 $LMWR tokens for 1.55 BNB, which equals $500 at the time of publication. Some other crypto traders made smaller purchases and obtained 600-700 LMWR tokens, spending 0.5-0.6 BNB.

Further on, the LMWR public token sale had some excellent news for Pepe (PEPE) fans. The quickly erupting newcomer was added as a payment method after a Twitter poll and now can be used on LimeWire Launchpad to purchase tokens. The tokens will be airdropped a week after the purchase by email.

The developers haven’t forgotten the OG memecoin, Dogecoin, either. LimeWire’s official Twitter handle asked the audience if any Dogecoin fans were out there. The tweet exceeded the 300 retweets threshold for DOGE to be added as a payment method. “Working on the integration today!” the developers declared.

On The Flipside

  • Currently, the market data for LimeWire (LMWR) is untracked.
  • To participate in the LMWR public sale, KYC is needed.

Why You Should Care

Legacy brands like LimeWire stepping into Web3 could heavily contribute towards crypto adoption.

Explore today’s top crypto news:

SHIB Burn Explodes 30940.10%, Shiba Inu Reclaims Key Support

U.S. Closes in on Crypto Consensus Amid Plans for SEC & CFTC Collab

Sourced from dailycoin.com.

Written by on 2023-05-03 15:30:00.

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