Tuesday, November twenty first, 2023 – The following huge meme coin is nearly upon us as Pepe coin value stalls and the brand new Meme Kombat battling and gaming platform sees an inflow of patrons because the ICO closes in on $2 million.
$MK token is promoting quick. To date $1.94 million has been raised, There are simply two days to go earlier than the token value will increase by 4.39%, from $0.205 to $0.214.
Potential $MK patrons ought to observe that there’s a robust likelihood that the present lowest value obtainable may promote out earlier than the 48-hour window closes, so there is no such thing as a time to lose.
What’s extra, when the increase milestone of $2 million is hit, the staff at Meme Kombat might be freely giving 10,000 USDT, so there may be much more incentive to be among the many early token holders. To be eligible for the airdrop giveaway it is advisable make a contribution to the presale $100 or extra.
Remember that we’re going to be freely giving 10,000 USDT once we hit $2 million raised in presale🤩
— Meme Kombat (@Meme_Kombat) November 20, 2023
Pepe coin’s greatest days are behind it, however Meme Kombat has all of it to play for
Pepe meme coin has undoubtedly made a splash by leveraging the virality of the inexperienced frog, however it has completed nothing to develop a function set for the coin.
The worth of Pepe shot up in late October as a part of the overall restoration in costs seen throughout crypto markets. Since then, the value has fashioned an elongated flag earlier than what may very well be the subsequent transfer greater.
Nevertheless, with new meme cash similar to GROK and DORK vying for the eye of merchants, there are good causes to allocate funds into the presale market to again up-and-coming meme cash with precise utility, similar to Meme Kombat.
Pepe coin value is down 6.7% on the time of writing at $0.000001127 however nonetheless instructions a considerable market capitalization of $466 million.
In an effort to reclaim its all-time excessive of $0.000003459, the Pepe value might want to improve by 200%. Such an advance is properly throughout the bounds of risk. Nevertheless, a 200% acquire pales when in comparison with the 21,000% improve from the time of Pepe’s launch in mid-April to its excessive printed on Could 7.
There are two issues to notice in regards to the value of Pepe. First, the early positive aspects for the coin haven’t been sustained and, secondly, many of the positive aspects got here within the three weeks instantly after its itemizing.
In different phrases, the great occasions have been and gone for Pepe. Another similar to Meme Kombat, which is but to commerce on public markets, offers a possibility for much better upside than a late-to-the-party funding in Pepe.
Additionally, so far as the sustainability of value is worried, such an consequence is extra prone to be achieved if a meme coin can supply differentiating utility and, in consequence, a vector for producing revenues and revenue. Meme Kombat does that.
Meme Kombat has a use case that may make it the king of meme cash
Meme cash proceed to behave as a magnet for merchants looking for to pocket sizeable alpha returns, however the house has matured past simply chasing short-term value actions.
More and more, market members are on the hunt for cash which have a use case that might scale and ship income. Meme Kombat is simply such a coin.
Meme Kombat is constructing an Enviornment through which meme characters will battle and customers wager on the outcomes, and in a single leap, capturing the value-creating potential of two fast-growing sectors in crypto exterior of meme cash – specifically, gaming and betting.
GameFi has a market cap of $12 billion, in keeping with crypto information website CoinGecko. In the meantime, playing tokens are valued at $734 million and rising. Consequently, Meme Kombat is attacking a wealthy and increasing complete addressable market.
And let’s not overlook in regards to the worth proposition of meme cash themselves, that are at the moment valued at $18.2 billion, with a every day buying and selling quantity of $1.5 billion.
Add that each one up and now we have an trade that, even earlier than the crypto bull market actually will get going, is valued at $30 billion.
What’s so thrilling in regards to the Meme Kombat market match is the way in which through which its battling meme characters and betting enterprise mannequin is ready to ensnare the already current communities spawned by high meme cash.
All of these communities could have an curiosity in how their favored meme coin fares within the Meme Kombat Enviornment. Many will need to partake of the enjoyable and income available from involvement within the ecosystem.
Meme Kombat’s Season 1 might be obtainable after the presale is offered out and the challenge launched. There are 11 meme characters you’ll be able to battle with Season 1: Milady, Child Doge, Doge, Floki, Kishu, Mong, Pepe, Pepe2, Shiba, Sponge and Wojak. Season 2 meme characters might be out simply earlier than Season 1 wraps up.
Meme Kombat dynamic staking at the moment earns 514% – $MK value to 10x?
And there’s no want to attend for the platform to go stay earlier than placing your cash to work with Meme Kombat. Should you put money into the ICO in the present day, you’ll be able to instantly stake your token to earn an annual share yield that’s at the moment sitting at 514%.
When the battling and betting system is turned on, stakers will be capable to wager whereas incomes APY on the similar time.
Crypto YouTube analysts are impressed with what they see from Meme Kombat, with one presale specialist positing 10x returns for early investors into the challenge.
$MK dynamic staking combines on-chain and off-chain transactions, so customers solely pay community charges after they stake and unstake their $MK whereas claiming rewards takes place off-chain, incurring no charges.
All staking interactions are logged in real-time, plus the staking system might be built-in with the on-chain sport contracts, to allow platform customers to play the video games with staked tokens.
At current, 7.68 million $MK has been staked and complete rewards of $MK 881,128 $MK have been accrued for the two,250 stakers. The variety of stakers has grown by about 400 prior to now three days as curiosity within the coin takes off.
A majority comprising 63% of all offered tokens have been staked in a testomony to the recognition of the passive revenue supplied by Meme Kombat.
It’s little marvel then that YouTube crypto analysts are eyeing Meme Kombat for 10x potential returns for its early traders.
$MK complete token provide is 120,000,000. Thirty % of provide is allotted for staking and battle rewards, 10% for group rewards, and 10% for decentralized alternate liquidity. Fifty % of the whole token provide is on sale within the ICO.