KEY TAKEAWAYS
- KuCoin lists Happy Cat (HAPPY) and First Convicted RACCON (FRED) following the GemVote Phase 8 event.
- Trading for HAPPY and FRED begins on November 25, 2024, with USDT pairs available.
- Happy Cat (HAPPY) and First Convicted RACCON (FRED) are meme coins gaining traction on the Solana blockchain.
- KuCoin’s GemVote process empowers users to select projects for listing, reflecting market trends and preferences.
KuCoin has announced the listing of two new tokens, Happy Cat (HAPPY) and First Convicted RACCON (FRED), following the conclusion of its GemVote Phase 8 event. The announcement was made here, highlighting the community’s role in selecting these projects for listing.
The deposits for both HAPPY and FRED are now open, with trading set to commence at 11:00 UTC on November 25, 2024. Withdrawals will be available starting at 10:00 UTC on November 26, 2024. The trading pairs for these tokens will be HAPPY/USDT and FRED/USDT.
Details on Happy Cat (HAPPY) and First Convicted RACCON (FRED)
Happy Cat (HAPPY) is the official project associated with the popular Happy Cat meme, which holds the intellectual property rights to the meme. The project boasts a Telegram app with one million monthly active users. Notably, 80% of the token supply was distributed as an airdrop to app players, 10% to Solana mobile holders, and the remaining 10% was added to the liquidity pool and subsequently burned.
First Convicted RACCON (FRED) is a meme coin operating on the Solana blockchain. Both projects have gained traction within the KuCoin community, leading to their selection in the GemVote event.
Understanding the GemVote Process
The GemVote event allows KuCoin users to vote for their preferred projects, with voting tickets obtained by completing tasks on the platform. The process is designed to reflect current market trends and user preferences, ensuring a fair selection of projects for listing.
KuCoin emphasizes that it does not interfere with voting results, maintaining the integrity of the process. The platform also reserves the right to amend the event terms as necessary, including changes to eligibility criteria and the timing of activities.
Investors are reminded of the inherent risks associated with cryptocurrency investments. KuCoin advises users to conduct thorough risk assessments before investing, as the market operates continuously without closing times.
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