Latest news with #Cheems
Associated Press
30-04-2025
- Business
- Associated Press
Cheems Memecoin Defies Global Economic Turmoil with Astonishing 3,541% Year-Over-Year Surge
NEW YORK, April 30, 2025 (GLOBE NEWSWIRE) -- In a stunning turn of events amid global financial uncertainty, Cheems ($CHEEMS), a lighthearted memecoin inspired by the iconic Shiba Inu character, has skyrocketed by 3,541% over the past year with its market cap eclipsing $300 million. This explosive growth defies broader market trends that have been shaken by increasing stock market volatility and rising geopolitical tensions impacting global trade. Cheems' performance over the past 12 months has not only surprised investors but has also cemented its position as a leading force in the memecoin arena. With more than 85,000 holders, over 1.8 million on-chain transfers, and an average daily trading volume exceeding $8 million on major exchanges including Binance, Cheems is proving that internet culture and decentralized finance (DeFi) can form a powerful and resilient combination. Analysts attribute this extraordinary rise to Cheems' active and humorous online presence, strong community engagement, and its ability to stay relevant in an ever-shifting market. The token's smart contract security, transparency, and loyal community have turned it from a meme into a movement. Its unique blend of humor and purpose is resonating with a new generation of crypto investors who value both entertainment and innovation. Christian, core developer of Cheems and founder of Infini, shared his thoughts on the achievement: 'Cheems isn't just riding the memecoin wave—it's shaping it. Hitting $8 million in daily trading volume on Binance signals that our community and the broader market recognize the real potential behind this movement. As we continue building, we are committed to maintaining this momentum and ensuring long-term growth for our holders.' Cheems' momentum has also been fueled by its increasing presence in pop culture and the broader crypto narrative. With viral memes, influencer endorsements, and trending hashtags, Cheems has managed to stay top-of-mind in an industry that often moves at lightning speed. The project's creative marketing campaigns and grassroots support have helped it reach audiences far beyond traditional crypto circles, attracting casual users, NFT collectors, and even institutional traders curious about the power of meme economics. Looking ahead, the Cheems development team has hinted at exciting road map milestones, including a play-to-earn game, a cross-chain bridge to expand utility beyond BNB Chain, and a charitable initiative to support animal welfare causes worldwide. As the token matures, Cheems aims to balance its playful brand with long-term value creation, showing that memecoins can evolve into purpose-driven platforms while retaining the fun that made them famous. About Cheems Cheems is a community-first memecoin built on the BNB Chain, known for its playful roots and strong digital culture presence. Launched to embody the spirit of internet humor, Cheems has quickly evolved into a serious contender in the meme asset space. Its mission is to create value through fun, transparency, and utility while bringing the crypto world closer to everyday internet users. Media Contact: Cheems Foundation [email protected] Join the Cheems Community: Website: Disclaimer: This press release is provided by Cheems Foundation. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector--including cryptocurrency, NFTs, and mining--complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press only with funds that you can afford to the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above.
Associated Press
28-02-2025
- Business
- Associated Press
Cheems Memecoin Surpasses $8 Million in Daily Trading Volume on Binance
NEW YORK, Feb. 28, 2025 (GLOBE NEWSWIRE) -- Cheems ($CHEEMS), the viral Shiba Inu-inspired memecoin built on Binance Smart Chain (BSC), has achieved another major milestone by surpassing $8 million in daily trading volume on Binance. This impressive feat highlights the growing demand for CHEEMS and its expanding presence in the cryptocurrency market. From Meme to Market Leader What started as a lighthearted meme has rapidly evolved into a dominant force in the crypto space. With a market capitalization of $160.16 million and a fully diluted market cap of $173.98 million, Cheems continues to gain momentum as a community-driven project. The trading volume surge to $8 million is a testament to the token's increasing adoption and liquidity, as well as the strength of its passionate holder base. The token is now listed on leading exchanges including Binance, Bybit, Bitget, Kraken, and more! Christian, Founder of Infini, a major Cheems tokenholder and spokesperson, commented on this achievement: 'Cheems isn't just riding the memecoin wave—it's shaping it. Hitting $8 million in daily trading volume on Binance signals that our community and the broader market recognize the real potential behind this movement. As we continue building, we are committed to maintaining this momentum and ensuring long-term growth for our holders.' The CHEEMS Advantage Built on Binance Smart Chain's efficient and scalable infrastructure, CHEEMS offers key advantages that set it apart in the crowded memecoin market: Zero transaction taxes – Ensuring seamless and cost-efficient trading. 100% burned liquidity pool – Enhancing stability and reducing risks. No team allocations – Reinforcing its decentralized nature. Fully decentralized governance – Empowering the community to shape the future of CHEEMS. Strengthening the BNB Ecosystem The Binance listing and subsequent trading volume spike are the results of months of collaboration with the BNB Chain ecosystem, including: Liquidity pool enhancements to support smooth trading activity. Co-branded marketing initiatives to expand visibility and engagement. Ecosystem development grants fueling long-term growth and innovation. Philanthropy & Real-World Impact Beyond its on-chain success, CHEEMS remains dedicated to making a tangible difference through its CryptoForGood initiative: 100% of merchandise proceeds donated to animal welfare charities. Collaborations with Cheems' real-life owner, Kathy, on global aid initiatives. Over 5,500 meals funded through viral TikTok challenges. With a circulating supply of 187.5 billion 1000CHEEMS tokens and a maximum supply of 203.67 billion 1000CHEEMS, Cheems remains well-positioned for sustained growth and increased market influence. As the memecoin landscape evolves, Cheems is proving that it is not just a trend but a long-term player in the space. With continued innovation, community engagement, and expanding real-world impact, CHEEMS remains at the forefront of the next generation of meme-based digital assets. About Cheems: Cheems is a community-driven memecoin built on Binance Smart Chain (BSC). Designed to bring fun, engagement, and decentralization to the crypto space, Cheems has grown into one of the most recognized and celebrated tokens in the memecoin sector. With a strong and dedicated holder base, Cheems continues to shape the future of meme-based digital assets. Media Contact: Cheems Foundation Join the Cheems Community: Twitter: @lordcheems_bsc Telegram: Contract: 0x0df0587216a4a1bb7d5082fdc491d93d2dd4b413 Disclaimer: This press release is provided by Cheems Foundation. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining related opportunities involves significant risks, including the potential loss of capital. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector--including cryptocurrency, NFTs, and mining--complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release.
