Bitget Rolls Out Tool to Help Traders Find Meme Coins with 100x Gains

Crypto Reporter

Shalini Nagarajan

Crypto Reporter

Shalini Nagarajan

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Shalini is a crypto reporter who provides in-depth reports on daily developments and regulatory shifts in the cryptocurrency sector.

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Last updated:

September 12, 2024 05:59 EDT

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Bitget Wallet launched a new trading tool on Thursday for meme coin enthusiasts to find “high-potential meme coins” with potential returns of up to 100x.

The platform also announced a 15-day challenge, offering a $25,000 prize for identifying promising coins. Currently, MemeX supports Solana and BNB Chain. Eventually, it plans to expand to additional networks.

Bitget Wallet said that MemeX’s core feature is its real-time new coin discovery tool, which identifies and lists newly launched meme coins within seconds. This tool shows coins from the last 24 hours, sorted by launch time for easy tracking.

Bitget’s MemeX Combines Liquidity Filters and Real-Time Alerts to Help Traders Find Top Meme Coins

Further, MemeX simplifies trading with filters for liquidity, market cap, and trading volume, helping users find potentially promising coins. Real-time alerts notify users of new listings, while a live ticker updates them on trending coins, ensuring they stay proactive in their trades.

“Meme coins have become a major trend in the crypto market, and MemeX is built to address the unique needs of meme coin traders,” said Alvin Kan, Bitget Wallet COO. “We aim to create a powerful platform for discovering on-chain assets, combined with timely market insights, to help users make smarter trading decisions.”

MemeX Enables Real-Time Portfolio Insights and Copy Trading

MemeX also said users can monitor their meme coin portfolios in real time, allowing quick asset sales for profit or risk management. The platform’s one-click copy trading feature also lets users follow top traders, making it easy to jump into promising trades.

Additionally, MemeX encourages community interaction by generating shareable posters from users’ trading results. This feature helps users share their successes or lessons on social media, while also promoting the lively meme coin trading culture.

Bitget Wallet said it expanded its strategy by launching a $10m BWB Ecosystem Fund to support meme coin ecosystems and improve on-chain services.

Last month, the wallet’s global user base exceeded 30m, marking a 150% increase from the previous year. In July 2024, CryptoRank reported Bitget Wallet achieved over 1.6m downloads on Google and Apple app stores, surpassing MetaMask’s 1.5m downloads during the same period.