Meme.com raises $5M

CoinTelegraph.com published a piece on the current NFT market and included information on Meme.com. The market remains hot for NFT’s according to the article, even with the recent crypto decline.

According to a report by decentralized app marketplace DappRadar, the average number of NFT sales rose almost 300%, from 21,815 per day in January, to 82,373 in May (so far).

From the article:

Yesterday, internet trend platform Meme.com announced it had raised $5 million for a new marketplace focusing specifically on meme cryptocurrencies and NFTs. Ultimately, Meme.com developers plan to create a “CoinMarketCap for memetic content” with charts and timelines where users can compare each meme and trend. The company’s Instagram account already has 7.2 million followers

Read the full story on CoinTelegraph

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