Tama Meme has launched on Ronin, expanding the gaming-focused blockchain's ecosystem.
Within days of its release, the launchpad facilitated the creation of 7,826 tokens.
To celebrate, a “Ratz Race” competition with over $40,000 in RON tokens and NFTs is is hosted by Tama Meme.
Tama Meme, a meme coin launchpad, has officially debuted on Ronin, the Ethereum sidechain renowned for its gaming-centric ecosystem. Backed by Sky Mavis, the creator of Ronin, Tama Meme reflects the network’s ambitious “Operation Leviosa” initiative. This effort aims to transition Ronin from a curated environment to a dynamic ecosystem welcoming games, DeFi platforms, and applications.
Tama Meme offers users a streamlined way to create tokens with just a few clicks. By paying a fee of 1 RON (currently $1.68), anyone can design their token by selecting an image, ticker, and name. Tokens generated through the platform operate on a bonding curve, where their market cap rises with each purchase until they achieve a threshold of $85,000. Once this milestone is reached, the token becomes tradable on Katana, Ronin’s decentralized exchange (DEX).
Since its launch on January 21, Tama Meme has seen remarkable engagement, with 7,826 tokens created and distributed across nearly 59,800 Ronin wallets, according to Dune analytics. These tokens range from playful riffs on Axie Infinity’s Smooth Love Potion to new, inventive memes such as the CuteAsianGirl (CAG) token, which has already reached a market cap of $4.3 million, according to GeckoTerminal. Even Ragnarok: Monster World, a popular game, has reportedly tapped into Tama Meme to release its meme coin.
To celebrate its launch, Tama Meme is hosting a “Ratz Race” competition, featuring prizes worth over $40,000 in RON tokens RON$1.2324h volatility:3.7%Market cap:$762.89 MVol. 24h:$18.43 M
and NFTs. This initiative aims to further engage the Ronin community and fuel excitement for the platform’s capabilities.
Ronin’s Expansion
The introduction of Tama Meme represents a big step forward for Ronin, which gained fame as the home of Axie Infinity. The chain has recently expanded its ecosystem, welcoming high-profile projects like the Steph Curry-backed Rumble Kong League, which is migrating from Avalanche.
Tama Meme’s launch has boosted the utility of RON, Ronin’s native token, beyond gaming. Currently trading at $1.68, RON has seen a 2% price increase in the last 24 hours. It has a market capitalization of $641 million, making it the 128th largest cryptocurrency.
Despite this setback, the network has steadily regained momentum. Last week, it launched a $10 million grants program for developers and crypto projects to give a massive boost to its ecosystem and bring fresh talent into the fold. Tama Meme’s launch opens a new door for Ronin, surging activity and increasing RON token utility. This sets Ronin’s ecosystem for sustained growth amid the growing memecoin hype.
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With a background in finance and a passion for innovation, Anisha has been covering the ever-evolving world of crypto for over four years. Her deep understanding of the crypto market have made her a trusted source for analysis and news. Whether it's dissecting the latest trends or decoding whitepapers, Anisha is dedicated to bringing clarity to the world of digital assets.