Mickey Mouse Enters Public Domain: The Launch of the First Memecoin
The news that the first Mickey Mouse cartoon is now in the public domain has caused quite a stir in the crypto community. In response, The Mickey Token (MICKEY), the first memecoin inspired by Mickey Mouse, has already been launched.
MICKEY is an ERC-20 token based on Ethereum standards, and it currently has a market cap of only $6,500. The official website describes its creation as a historic moment. The total supply of MICKEY is 192.8 billion, and the memecoin does not have any other utility besides being inspired by the first version of Mickey Mouse that is now public domain.
Mickey Mouse in the Public Domain and the Rise of Memecoins
According to US copyright laws, characters are protected for 95 years. While the 1928 version of Mickey Mouse is now in the public domain, Disney still retains rights over more modern versions of the character. Therefore, The Mickey (MICKEY) memecoin will be nothing more than a joking crypto similar to Dogecoin and Pepe Coin.
In addition to the memecoin, there is also an NFT version of Steamboat Willie, with a limited supply of 2,000 and a price of .001 ETH (~$2).
The Main Memecoins in 2024: Dogecoin, PEPE, and Bonk
As we enter 2024, Dogecoin remains at the top of the memecoin ranking in terms of market capitalization. Other popular memecoins include Shiba Inu, Bonk, and Pepe Coin.
Bonk seems to be experiencing a price pump of +7.8% due to the current Bitcoin bull run. While other memecoins like DOGE, SHIB, and PEPE also show positive growth, Bonk’s performance stands out.
Dogecoin, the first meme doggy in the crypto community, gained support from Elon Musk. PEPE, on the other hand, has faced doubts about its future since August 2023. BONK, the first memecoin on the Solana blockchain, has achieved significant growth in terms of market cap.
Hot Take: Will MICKEY Conquer the Memecoin Market?
With Mickey Mouse entering the public domain and the launch of The Mickey (MICKEY) memecoin, it remains to be seen if it can reach the levels of popularity achieved by other leading memecoins. The unique connection to a beloved cultural icon like Mickey Mouse may attract attention and interest from crypto enthusiasts. However, only time will tell if MICKEY can truly make its mark in the memecoin market.
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