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New Viral Memecoin in Solana Network Stooges Launches $STOG Presale

Published 04/29/2024, 04:00 AM
Updated 04/29/2024, 04:30 AM
New Viral Memecoin in Solana Network Stooges Launches $STOG Presale
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Medellin, Colombia, April 29th, 2024, Chainwire

Stooges, a community-driven memecoin on Solana, announced the upcoming presale for $STOG coins starting on May 10 on Pinksale. BitMart Exchange, a top-20 CEX, has already confirmed the coin’s upcoming listing, which should occur before its launch. Following the announcement, the Stooges' team noticed a huge surge of interest from the cryptocurrency community, as evidenced by the thousands of users on X, and Telegram waiting for the pre-sale.

Stooges is a new memecoin project on the Solana blockchain and draws inspiration from the 3 legendary TV characters, "The Three Stooges." However, the project takes aim at notorious figures in today's crypto world, satirically putting Sam Bankman-Fried (former CEO of FTX) and Changpeng Zhao (former CEO of Binance) as Assets Manager and Legal Officer, respectively. This parodical approach is an evident dig at the two executives - Zhao, who is investigated for not complying with anti-money laundering policies, and Bankman-Fried, who was sentenced to 25 years in prison for the securities fraud conspiracy that bankrupted FTX and a related hedge fund.

The STOG coin has no utility. It is led by a "useless team" and is on a mission to mock the crypto business industry while making "the meme culture great again." The team invites memecoin enthusiasts to buy, sell, and share the community-centered memecoin. $STOG will have a total supply of 3.000.000.000 coins distributed as follows:

  • 45% Presale
  • 25% Liquidity
  • 15% Marketing
  • 10% CEX Listing
  • 5% Airdrop

Before the presale for STOG on Pinksale, Stooges underwent a contract audit from SolidProof, one of the industry's top auditors. The audit report confirms the project’s reliability while providing a comprehensive security analysis. Following the coin’s presale, the project will lock 60% of the provided liquidity for 1 year.

Additionally, the project announced an $STOG airdrop awarding 5% of STOG's supply to its community, specifically to “those who complete and contribute the most to the project and the meme culture.”

The STOG airdrop engages users and memecoin lovers in a competition that will reward the 200 people most actively spreading the word about the project. Contestants must follow Stooges on social media and create memes in image, video, or audio formats focusing on the Stooges. The competition will end on June 20, when the winners will receive STOG coins directly into their wallets.

About Stooges

Stooges launched in Q2 of 2024 and has already completed several of its first roadmap objectives, such as creating the website, deploying and auditing the STOG token, and launching its marketing campaign.

The upcoming $STOG listing on BitMart and token presale are essential milestones in the project's development, which aims to increase its brand awareness. Moreover, the airdrop competition should help attract a broader community of memecoin collectors and crypto enthusiasts.

The Stooges team has more plans for the future, including further CEX listings, an exclusive NFT collection, and launching on the Raydium platform.

Users can learn more about Stooges at these links: Website | X (Twitter) | Telegram | Instagram

ContactJosé Omarcontact@stooges.io

This article was originally published on Chainwire

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