Memecoin Ranked
Last updated
Last updated
Introducing MemecoinRanked, one of the many exciting projects currently in development. This ranked trading system gamifies the trading experience, taking inspiration from competitive ranking structures in games like Valorant and Fortnite.
Traders will earn ranks based on their monthly PnL (Profit and Loss), progressing through Bronze, Silver, Gold, Platinum, Diamond, and Prestige tiers. MemecoinRanked provides a dynamic and engaging way to track performance, compete, and elevate your trading journey within the crypto community.
We’re all familiar with KOLScan and its functionality—it primarily caters to Key Opinion Leaders (KOLs), limiting recognition to those with large followings. But what about the countless skilled traders who may not have a massive audience yet want to showcase their expertise and dedication?
That’s exactly why I created MemecoinRanked—a competitive ranking system where traders can prove their skills through actual performance, not just social influence. Every month, participants will trade, and their rank will be determined based on their Profit and Loss (PnL).
This system offers a fair and transparent way for traders of all levels to earn recognition, climb the ranks, and establish their credibility within the community. Whether you're a seasoned trader or just starting, MemecoinRanked provides a level playing field where skill and strategy define success. MemecoinRanked: A Competitive Trading System
The MemecoinRanked system features six tiers, designed to reflect a trader’s monthly performance based on Solana (SOL) profit and loss. At the beginning of each month, all traders start unranked, and their rank is determined by their PnL after their first trade.
The ranking system resets at the start of each month, ensuring a fresh and competitive environment.
To earn a positive rank, a trader must have a net profit greater than 0 SOL for the month.
Those who end the month with a negative PnL will be placed in a unique "Loser" rank, which also consists of six tiers—ranging from Bronze to Prestige—with Prestige being assigned to those with the highest losses.
This system not only rewards profitable traders but also provides a competitive and transparent way to track performance, incentivizing improvement and discipline in trading.
Traders are ranked based on their monthly SOL profit, with six distinct tiers reflecting their performance:
Bronze – Traders who have earned less than 1 SOL during the month.
Silver – Reserved for those with 1 to 10 SOL in monthly profits.
Gold – Achieved by traders generating between 10 and 50 SOL in profits.
Platinum – Awarded to those who have made 50 to 100 SOL within the month.
Diamond – For high-performing traders who have accumulated 100 to 250 SOL in monthly gains.
Prestige – The highest and most exclusive tier, reserved for elite traders who have achieved an impressive 251+ SOL in profit.
This ranking system creates a competitive and rewarding experience, allowing traders to track their growth and measure their success within the MemecoinRanked ecosystem.
As previously mentioned, these rewards will be funded through proceeds from premium feature purchases as well as the developer’s 5% token allocation.