Coalition of Meme Exchangers

The Coalition of Meme Exchangers (CME for short) was formed as an alliance between the Wiener Schnitzel Trading Company and K.L.A.G.R. firms.

According to Wikipedia, the term "coalition" is the denotation for a group formed when two or more people, factions, states, political parties, militaries etc. agree to work together temporarily in a partnership to achieve a common goal. The word coalition connotes a coming together to achieve a goal.

Common Goal
In the second half of July, Instagram memers flocked to Reddit to seek refuge after a no meme accounts edict was officiated on Instagram. This caused a mass disturbance in the Reddit Meme Economy as the Instagram refugees were flooding the network with memes that are not up to reddit memeing standards.

The CME was formed to retaliate against the Instagram refugees and their low tier memes.

Formation
At exactly 10:00PM on the 31st of July 2019 (GMT+8), the Coalition of Meme Exchangers was formally introduced after a long discussion with the representative members of WS and KLAGR. Official CME flags and emotes were also subsequently created.

Shortly after this formation, a few independent memers have also decided to join the coalition, effectively increasing the strength in numbers.