Solana News Update: Luxxcoin’s Value-Driven Approach Sets It Apart from the Meme Coin Hype

Luxxcoin, a MemeFi initiative built on Solana, has officially scheduled its Token Generation Event (TGE) for November 24, 2025, at 12:00 PM UTC, and will simultaneously introduce its "Hero Rewards" competitive distribution system, as reported in a

. During the TGE, 7.4 billion LUX tokens—representing 7.4% of the total 100 billion supply—will be released, with allocations focused on liquidity, public offerings, and early backers. The rest of the tokens will remain locked at launch, with the goal of maintaining market stability and incentivizing long-term holding.

The Hero Rewards system, which launches with the TGE, aims to encourage thoughtful and consistent token retention. Every two months, Luxxcoin will evaluate wallets using transparent on-chain data, factoring in balance, duration of holding, commitment, and consistency. The 50 highest-ranked wallets will split a fixed reward pool of 1 billion LUX tokens, with distributions that can be independently verified on

. To promote fairness, anti-whale measures limit the influence of wallets holding over 20 million LUX, preventing large holders from dominating the rankings.

Luxxcoin’s strategy centers on openness and performance-based incentives. All scoring algorithms, rankings, and reward distributions will be available for on-chain auditing, establishing a dynamic and competitive environment where users can monitor their standings in real time. Co-founder Roy Mayer highlighted that this approach turns traditional

culture into a measurable rewards system, noting, "We’re making the community measurable. The top 50 wallets are not rumors in a Discord screenshot—they're published, verified, and permanently recorded."

The TGE will also see the token listed on centralized exchanges such as Biconomy.com, as well as available for trading on

, a prominent decentralized exchange on Solana. The project’s reward program spans 45 rounds over roughly 7.5 years, distributing up to 45% of the total supply (45 billion tokens) to dedicated and competitive holders, as outlined in a . This framework is designed to merge viral growth with lasting stability, favoring ongoing engagement over speculative trading.

Luxxcoin sets itself apart from typical meme coins by leveraging smart contract-based mechanisms. Rather than relying on influencer-driven hype or rapid trading, $LUX rewards are distributed according to clear, publicly available standards. The scoring model favors wallets that show long-term commitment and value retention, while discouraging impulsive selling.

The project’s debut has attracted attention for its focus on fairness. With anti-whale restrictions, transparent evaluation, and on-chain validation, Luxxcoin seeks to counteract issues like centralized token distribution and market manipulation that are common in the crypto industry. This approach also reflects a broader MemeFi trend, where gamified economic systems are increasingly used to boost community involvement.

As the November 24 TGE draws near, Luxxcoin’s focus on open, competitive rewards distinguishes it within the growing MemeFi sector. The project’s future will depend on its ability to maintain both inclusivity and fairness, ensuring that casual users and committed holders alike benefit from its structured reward ecosystem.