All About Ngmi Coin

2/6/2025, 2:42:00 PM
Beginner
Quick Reads
NGMI Coin is a crypto project based on MEME culture, which attracts community attention with its ironic name 'Not Gonna Make It' and features such as staking, liquidity mining, and cross-chain lock-up. However, since its release, the project has experienced severe price fluctuations and a lack of long-term planning, showing a high degree of speculation. For short-term investors, it is recommended to combine their own risk tolerance and invest rationally.

Project Introduction

NGMI Coin originates from the popular community slang “NGMI” (Not Gonna Make It), which describes investors who fail to seize investment opportunities or misjudge market trends. The token project is deployed in May 2023 and is committed to providing investors with opportunities to generate passive income through functions such as staking, liquidity mining, and cross-chain locking. It advocates the Buddhist investment philosophy of “enjoying blockchain dividends without working hard”.

As an experiment that combines MEME tokens with blockchain technology, NGMI Coin does not require cumbersome voting, believing that community consensus is the ultimate decision-making power, and hopes to rely on the power of the community to drive the project to a higher stage. It is an interesting cryptocurrency.


The project image is a cartoon character wearing a red hat with the letters NGMI on it (Image source:https://x.com/NGMI_ERC)

Related Links
Official website entrance:https://www.ngmierc.com/
X (Twitter):https://x.com/NGMI_ERC
Telegram: https://t.me/NGMI_ERC
Dextools:https://www.dextools.io/app/cn/ether/pair-explorer/0x3d1d0553a458
Dexscreener:https://dexscreener.com/ethereum/0x759445ded88f2eb44d27e079025597af741e5301
Etherscan:https://etherscan.io/token/0x759445ded88f2eb44d27e079025597af741e5301

Token Information

Token Name: NGMI (Not Gonna Make It)
Token Type: ERC-20
Total Circulation Market Cap: $203.17K USD (February 3, 2025)
Total supply: 42,069 billion NGMI
Fee: 1% transaction fee is charged for all trades, including 1% buying fee and 1% selling fee.
Contract Status: Renounced Control (Renounced Contract)
Contract Address: 0x759445ded88f2eb44d27e079025597af741e5301


Ngmi Coin Ethereum chain information (source: https://etherscan.io/token/0x759445ded88f2eb44d27e079025597af741e5301#code)

Market Performance

Due to the lack of long-term stable support, NGMI Coin has experienced multiple severe fluctuations in price since its release, especially after the initial rapid price increase, there have been multiple rounds of declines, indicating a high speculative nature in the overall market for the token. Data shows that the overall trend of the coin is gradually declining, with a new round of decline since 2025, indicating a decrease in market attention to the token and lack of investor confidence.

As of February 3, 2025, the price of Ngmi coin is $0.000000000496, with a fully diluted market cap of $203,170. It is not ranked among the top 3000 on CoinMarketCap or CoinGecko, and is only traded on Uniswap V2 (NGMI/ETH pair).


Ngmi Coin price performance in the market over the past year (source: https://dexscreener.com/ethereum/0x759445ded8)

Risk Warning

According to the contract monitoring platform Token Sniffer scanning results, the NGMI Coin token distribution is highly concentrated, with the top 10 addresses holding over 90% of the positions. As the liquidity pool of the token is not locked, funds can be withdrawn at any time, which is not conducive to the entry and exit of ordinary investors.

At the contract code level, the contract code of NGMI Token is not completely open source, and the actual community participation is also extremely low. Although the project claims to be a “anti-fragility experimental token,” attracting MEME culture enthusiasts with interesting culture, it does not provide practical use cases or clear ecological planning.


The contract scanning result shows that Ngmi project lacks depth and stability (source: Token Sniffer)

Investment Advice

NGMI Coin is currently in a low liquidity state. For investors who already hold this token, it is recommended to temporarily cut losses and exit, while paying attention to potential high gas fee losses. At the same time, you can continue to follow the project updates of NGMI Coin and pay attention to any positive news such as technical updates. If the project can regain market confidence and improve liquidity, then you can make a judgement based on the actual situation whether to re-enter and seize potential rebound opportunities.

Conclusion

NGMI Coin is a humorous cultural project that satirizes speculative behavior and bubble phenomena in the cryptocurrency market in an entertaining way. It has attracted a group of users and investors who are enthusiastic about meme culture. Despite the lack of practical applications, NGMI Coin utilizes creative marketing to drive community participation and provides investors with an opportunity to rethink the meme craze.

Author: Smarci
Reviewer(s): Mark
* The information is not intended to be and does not constitute financial advice or any other recommendation of any sort offered or endorsed by Gate.
* This article may not be reproduced, transmitted or copied without referencing Gate. Contravention is an infringement of Copyright Act and may be subject to legal action.

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