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MIDAS the Minotaur (MIDAS) on Base: Tokenomics, Fair Launch, and How to Trade

MIDAS the Minotaur (MIDAS) on Base: Tokenomics, Fair Launch, and How to Trade

Editor's Pick: Check MIDAS's chart or trade directly using gmgn.ai web version or Telegram Bot to stay ahead of the market.

MIDAS the Minotaur (symbol: MIDAS) is a community-driven meme token on the Base network with a strong “King of the Bulls” identity. It leans into bull market mythology to rally a global community around transparency, strength, and fair-launch principles. Contract: 0xb8d59c7b33054beda610b2b2d38ea38694cdfabd.

What is MIDAS the Minotaur?

  • Theme and narrative: MIDAS positions itself as the mascot of an “epic bull run,” blending crypto lore with classic mythology. The project’s ethos emphasizes conviction, accountability, and creativity.
  • Chain: Deployed on Base, an Ethereum Layer-2 designed for faster, cheaper transactions while inheriting Ethereum’s security.
  • Official links:

Tokenomics at a glance

  • Total supply: 8,888,888,888 MIDAS (8.89B).
  • Circulating supply: 100% in circulation (as of September 2025).
  • Fair launch: No team allocation at inception, aligning with community-first distribution.
  • Liquidity: 100% locked liquidity to support market stability and deter rug-pull risk.
  • Transaction fee: 2% per trade routed to a 3-of-5 multisig wallet, earmarked for exchange listings and visibility.

Quick definitions:

  • Fair launch means no preferential allocations for insiders—everyone enters on equal terms.
  • Locked liquidity means the liquidity pool tokens are time-locked, making sudden withdrawals by deployers far less likely.
  • A multisig (multi-signature) wallet requires multiple approvals (e.g., 3 of 5 signers) to move funds, adding a layer of governance and security.

Note: These details apply to the Base contract at 0xb8d59c7b33054beda610b2b2d38ea38694cdfabd and should not be confused with other similarly named projects on different chains.

Branding, community, and positioning

  • Identity: “The One True King of the Bulls,” designed to capture bullish market momentum.
  • Community ethos: Transparency, active engagement, and collaborative initiatives are core to its messaging.
  • Distinction: Not to be confused with unrelated tokens like Midas.Investments or MBASIS (different contracts and purposes).

Market snapshot (as of September 2025)

  • Market cap: Approximately $3.9 million.
  • Price: Roughly $0.00039–$0.00043 per MIDAS.
  • Rank: Around #3,854–#4,291 by market capitalization.

Prices and rankings change rapidly in crypto. For live data, check trackers such as LiveCoinWatch or CoinMarketCap.

How to buy and trade MIDAS on Base

Simple steps:

  1. Set up a Base-compatible wallet and add the Base network (if needed).
  2. Bridge ETH to Base for gas and swaps.
  3. Verify the contract address: 0xb8d59c7b33054beda610b2b2d38ea38694cdfabd (copy it directly to avoid impostors).
  4. Use your preferred interface (e.g., the Phantom token page or the GMGN.AI token page) to swap for MIDAS.
  5. Start with a small test transaction, then scale if everything looks correct.

Why include GMGN.AI?

  • It’s a specialized meme-token analytics and trading platform with smart money tracking, real-time data, and safety checks (e.g., detecting high taxes or honeypot patterns). Advanced users can also explore automated trading via its Telegram bot.

Due diligence and safety checklist

Before interacting with any memecoin:

  • Contract verification: Always confirm the exact address (0xb8d59c7b33054beda610b2b2d38ea38694cdfabd) on multiple sources such as the official website and trusted trackers.
  • Liquidity status: “100% locked liquidity” is a positive signal; verify lock details onchain where possible.
  • Fee structure: Understand the 2% transaction fee and the 3-of-5 multisig flow for listings and marketing so you know how value is allocated.
  • Community health: Review the project’s X posts, engagement quality, and development cadence.
  • Risk management: Memecoins are volatile—use risk controls, avoid leverage if unsure, and never invest more than you can afford to lose.

Why it matters in the Base meme meta

Base has become a hotbed for memecoin experimentation thanks to low fees and Ethereum-level security. MIDAS’s fair-launch stance, locked liquidity, and clear branding aim to differentiate it in a crowded field, where trust signals and execution discipline often separate durable communities from short-lived hype.

Quick links

Disclaimer: This article is for informational purposes only and does not constitute financial or investment advice. Always conduct your own research.

Tags:
#base #fair launch #liquidity #memecoin #midas #multisig #tokenomics #trading

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