The issuance of the CULT token by the Remilia community: a waiting intertwined 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 lot of memes around CULT, but there has been little substantial progress otherwise. The presale raised 20.53 million USD, and the funds are currently stored in a Gnosis multi-signature wallet, with a balance of 21.4 million USD. However, five months have passed, and the token issuance is still a long way off, causing some unease among 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 well-orchestrated psychological operation, part of the Remilia culture. Some even view 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 is also 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 manipulated screenshots. In response, the Remilia community replied with their usual absurd humor, 'Don't worry' and 'No refunds, I love you' became the main themes of discussion.
Data from Polymarket shows that the likelihood of CULT token issuance within 2024 once reached 90%, but has recently dropped slightly 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 wasn’t in vain!
Milady Cult announced that the Meme token CULT, released by its founder @CharlotteFang77, has completed its TGE. Odaily reminds investors that the price of meme coins is highly volatile and caution is advised.
Previously, Milady Cult raised 20.53 million USD through presale, which has been deposited into a Gnosis multi-signature wallet, currently with a balance of 21.4 million USD (mainly in ETH and USDT). However, the delay in token release has caused dissatisfaction among some community members.
In response, Remilia's Chief of Staff Scorched Earth Policy stated, 'The token is being released, the delay is for good reason, and all our decisions are for the best interest of the community.'
Dexscreener data shows that CULT reached 91 million USD in trading volume in less than 4 hours after launch, ranking first in trading volume across the entire chain.
CULT is issued by Remilia, which has raised over 20 million USD. Remilia is the team behind several well-known projects, including the Milady Maker NFT series.
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