LimeWire Unites PEPE & DOGE, Generates $14M in Token Sale

Once a peer-to-peer file sharing client, LimeWire just entered the cryptosphere with its own token $LMWR.

by Tadas Klimasevskis. Fact checked by: Ciaran Lawler, Editor: Stefan Trapp

Published: May 3, 2023 │ 3:30 PM GMT

Created by Gabor Kovacs from DailyCoin

Music NFT platform LimeWire opened the $LMWR public sale.
Bitpanda is the first to list $LMWR, with four major exchanges to follow.
DOGE and PEPE were added as payment methods after the community vote.

Yesterday, the legacy file-sharing service LimeWire rolled out the initial sale of LimeWire (LMWR) tokens. LimeWire made the switch to an NFT-based social network in March 2022. Currently, the public sale stage is still active on LimeWire Launchpad.

However, it’s likely that the public sale of $LMWR will close today, as it reached 90% of its $15 million target. This goal combines private and public sales, while the executive team of LimeWire counted up $3,000,000 raised in the past 24 hours.

❗️UPDATE on the LimeWire Token Sale

✅ Within 24 hours, we have successfully raised over $3,000,000 and have reached 90% of our funding target.

You can still purchase #LMWR here: https://t.co/Q5JjPggkbV pic.twitter.com/GAyW4uloaB
— LimeWire (@limewire) May 3, 2023

Crypto Twitter Rushes to Grab a Piece

Meanwhile, Twitter music and blockchain fans share screenshots of their acquisitions. To illustrate, crypto enthusiast Che$$y King purchased 1,674 $LMWR tokens for 1.55 BNB, which equals $500 at the time of publication. Some other crypto traders made smaller purchases and obtained 600-700 LMWR tokens, spending 0.5-0.6 BNB.