The issuance of the CULT token by the Remilia community: a waiting period woven with mystery and faith
Those familiar with the Remilia community know that it is filled with self-reference and a foggy cultural atmosphere. The upcoming CULT token is no exception.
Since the announcement of the presale in June, the community has created a large number of memes around CULT, but there has been little substantial progress beyond that. The presale raised $20.53 million, which is currently stored in a Gnosis multi-signature wallet with a balance of $21.4 million. However, five months have passed, and the token issuance is still a long way off, causing anxiety among some investors, with some users even questioning whether this is a scam.
The community's humor and faith
Despite the skepticism, some members still maintain confidence in CULT. They believe that the delay is a carefully orchestrated psychological operation, part of the Remilia culture. Some even see this waiting period as a test of faith.
'The core of CULT lies in faith and acceptance of uncertainty,' said a presale participant. 'This attitude applies not only to investment but also as a philosophy of life.'
Speculation and promises
In September, the official website showed that the token issuance event (TGE) was 'loading', but later rumors of 'cancellation' arose due to tampered screenshots. In response, the Remilia community replied with their characteristic absurd humor, with 'Don't worry' and 'No refunds, I love you' becoming the main themes of discussion.
Data from Polymarket shows that the likelihood of CULT tokens being issued in 2024 once reached 90%, but has recently dropped to 72%. Remilia founder Charlotte Fang insists that CULT is not just a simple meme coin, but a 'meta meme coin', representing an ideologically driven revolutionary movement.
He came today, it was worth the wait!
Milady Cult announced that the Meme token CULT, launched by its founder @CharlotteFang77, has completed its TGE. Odaily reminds investors that Meme coin prices are highly volatile and participation should be cautious.
Previously, Milady Cult raised $20.53 million through the presale, which has been deposited into a Gnosis multi-signature wallet, with a current balance of $21.4 million (mainly in ETH and USDT). However, the delay in token release has caused dissatisfaction among some community members.
In response, Remilia Chief of Staff Scorched Earth Policy stated: 'The token is being released, and the delay is well justified. All our decisions are made for the best interests of the community.'
Dexscreener data shows that CULT reached a trading volume of $91 million in less than 4 hours after launch, ranking first in total chain trading volume.
CULT was issued by Remilia, which has raised over $20 million. Remilia is the team behind several well-known projects, including the Milady Maker NFT series.
Today's article ends here. Currently in a bull market, with a lot happening, we share passwords every day. If you don't know what to do in a bull market, feel free to follow us for strategies on bull market spot passwords, which can be shared free of charge.