Welcome to Memecoin1
Memecoin1 (M1) – the most unstable "stablecoin," pegged 1:1 to USD1 and driven by sentiment!
Memecoin1 (M1) – the most unstable "stablecoin," pegged 1:1 to USD1 and driven by sentiment!
Memecoin1 (M1) – the most unstable "stablecoin," pegged 1:1 to USD1 and driven by sentiment!
About Memecoin1
Memecoin1 ($M1) is a classic memecoin launched by the Four.meme platform—but with a twist: it’s the first-ever "meme-stablecoin" of this cycle, officially claiming a peg to World Liberty Financial USD ($USD1), the stablecoin issued by the Trump family. We call it a sentiment-anchored stablecoin.
Key Features:
Permanently pegged to USD1 Claims a 1:1 peg to the Trump family’s USD1, with no collateral and no re-peg algorithms.
Launched de-pegged Begins trading well below $1 USD, deliberately embracing volatility as a core feature.
Motivation
Over the past few years, two mainstream models of stablecoins have been shaken almost simultaneously:
1. Algorithmic stablecoins collapsed in rapid succession Projects such as UST, USDV and Basis spiralled to zero when fear and negative feedback loops overwhelmed their "auto-pegging" algorithms. What was designed to self-stabilise instead triggered death spirals under extreme market stress.
2. Fully-collateralised stablecoins briefly lost their peg Even reserve-backed giants like USDT and USDC dipped below USD 1 during banking scares and audit controversies—proof that a single trust gap can pry the price off its anchor, no matter how many dollars sit behind the token.
USDT
Fiat-Collateralized
1:1 USD reserves
1 USD
Briefly de-pegged during banking sector turmoil
USDC
Fiat-Collateralized
Publicly audited USD reserves
1 USD
Highly compliant, but still sensitive to market confidence
UST
Algorithmic
Dual-token model (LUNA ⇄ UST), mint/burn stability
1 USD
Collapsed to zero in 2022—algorithmic peg failed ⚠
M1
Sentiment-Peg (Experimental)
Issued unpegged + community-driven re-peg via sentiment
1 USD1
"The Most Unstable Stablecoin"—high entertainment value & risk
No matter how rigorous the code or how ample the collateral, the weakest link in any peg is—and always will be—human sentiment.
A "Most Unstable Stablecoin" therefore confronts sentiment head-on, transforming it from the system’s Achilles heel into the very engine that drives the price back to its peg.
Vision & Outlook
Memecoin and stablecoin narratives have dominated this cycle—Memecoin1 is a novel experiment that leverages memecoin mechanics to introduce a new form of stablecoin. By entrusting its peg—not to complex code or opaque reserves—but directly to collective emotion and engagement, Memecoin1 aims to redefine what “stable” really means in crypto.
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