Nukem Loans: The ultimate ally of every MEME project

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Nukem Loans

4 min readJun 11, 2023

The current sentiment surrounding cryptocurrencies, along with the prevalence of exploits and scams, has created an extremely hostile environment for MEME projects. Since reaching their all-time highs during the previous bull market, most MEME coins have lost over 90% of their value, while BTC and ETH saw a decrease of around 60%. When analyzing the year-over-year performance, the situation becomes even more unfavorable. FLOKI is one of the very few exceptions, with an outstanding performance of almost 200% this year. Despite Coin Gecko listing 242 meme projects under their MEME category, only the top 50 projects can be considered ‘alive,’ demonstrating a daily trading volume exceeding $10,000.

The success of MEME projects was largely dependent on their ability to adapt their branding to align with the latest trends on the internet or provoke interactions with the renowned meme aficionado, Elon Musk, on Twitter. However, with the bear market currently prevailing, this business strategy (lol) has faced a strong backlash, exacerbated by a chronic lack of utility. While certain projects such as SHIBA INU and FLOKI recognized the importance of evolving to stay relevant, many MEMEs failed to offer meaningful utility for their tokens, relying solely on the dedication of their communities for survival.

Never underestimate the power of MEMEs

“Underestimation is the breeding ground for surprises and triumphs.”

Just when it seemed like the bear market would spell the end for MEMEs, “PEPE enters the chat.” Within a mere 19 days, PEPE has surpassed a market cap of $1B, making it the fastest asset EVER to achieve such a capitalization. With daily volumes skyrocketing to an astonishing $2B, PEPE has proven that the demand for classic meme tokens persists, even in the challenging current market conditions.

The current total market capitalization of meme coins is estimated to be approximately $13.5B, accompanied by daily trading volumes of around $2B. Just envision even contemplating this scenario 15 years ago: $2B of daily trading volume generated by a collection of digital tokens showcasing dog pictures and seemingly lacking any tangible utility, all amidst a bear market! Welcome to the future; embrace it and don’t even attempt to resist its transformative power!

MEMEs Unleashed: Nukem Loans at Your Service

A dog’s best friend. A frog’s best friend.

Imagine a platform where simply by joining, your MEME project receives:

FREE promotion
FREE utility
FREE hype

Introducing the Nukem Loans platform, an isolated lending protocol designed specifically for MEME projects. With Nukem Loans, meme projects can now harness a comprehensive lending infrastructure that empowers them to::

Establish a lending market on the Nukem Loans platform and leverage its lending and liquidation mechanisms, in a permissionless manner. The markets within Nukem Loans will attract market makers and DeFi yield farmers, who seek the thrill of crazy high APYs as a risk/reward strategy when lending against volatile assets, allowing the MEME community to utilize the invaluable lending infrastructure as if it were their own. Finally, your MEME token can transcend its previous lack of utility.
Unleash liquidity within their tokens, unlocking their full potential and enabling them to earn interest on their assets by depositing MEME or USDT.
Embrace Nukem Loans as the central hub for ALL MEME projects, fostering connections with other MEME communities. By joining Nukem Loans and initiating a market, MEME projects gain significant exposure to other MEME communities, paving the way for new opportunities in growth and collaboration. Markets with substantial liquidity and a large user base will experience additional exposure and support through the Nukem platform and its marketing channels, creating new opportunities for growth and collaboration.
Engage in long/short lending positions on their own MEME token or any other MEME, with the option to utilize leverage of up to x10, all accomplished on-chain.

We‘ve already built it: Capitalize on Our Tech

The Nukem Loans platform has been meticulously developed over the past 18 months, with a substantial investment exceeding $2,000,000 in development comprising over 40 000 lines of code. This extensive investment has resulted in an infrastructure that would pose a considerable challenge for any individual MEME project to construct independently, given the constraints of time, resources, expertise, and financial incentives. Nukem Loans provides a unique solution tailored specifically to the needs of meme projects, ensuring they have access to a robust lending platform without the burden of development or associated costs.

Failing to seize the opportunity to leverage the features provided by the Nukem Loans platform, especially when there are no additional costs or development requirements involved, would be unwise decision for any MEME project or community striving to endure in the midst of this bear market. Early adopters who seize this opportunity to leverage our innovative lending infrastructure will gain a significant advantage over other meme projects.

Join Nukem Loans and embrace the relentless march of #DEFI evolution, or risk facing extinction!

Hail to the King of Loans!