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The Meme Games presale raises over $100K in its first 24 hours, capturing attention in the booming memecoin sector.
A new memecoin is in town, as an exciting project called The Meme Games has just launched a presale.
It has raised over $100K in its opening 24 hours, suggesting this memecoin has real head-turning characteristics.
Investors scramble to buy MGMES at $0.009
Buy low, sell high – that’s every traders’ objective.
And it’s precisely what early buyers are intending with The Meme Games.
Having launched 24 hours ago, investors can snag still MGMES at its lowest-ever price of $0.009.
The token is expected to get more expensive as the presale advances, so those seeking the lowest price must act now.
Per its website, the first presale price rally will occur in just over one day.
Considering it has already raised $100K, it’s clear that many market players are vying for the best possible entry point.
Memetic excitement meets the Olympic games… again
The Meme Games is crypto’s official memecoin of the 2024 Paris Olympics, which starts on 26 July.
That’s a big statement for its presale debut.
But it’s not the first time a memecoin has made headlines amid the major sporting event.
In fact, the OG memecoin, Dogecoin, was the first to take the Olympics by storm.
Back in 2014, when the term “memecoin” was unknown to everyone except early crypto pioneers, the newly launched Dogecoin raised $30K to send the Jamaican Bobsled team to the Sochi Olympics.
It reflected the real-world impact that tight-nit meme coin communities can have and proved a huge boon for the Dogecoin price.
Since then, other memecoins have tackled the Olympic Games, but The Meme Games is the first official outfit.
The world will be watching the Olympics.
This creates a lot of value, and there’s no better way to invest than the first official Olympics meme coin.
Memecoins have been the clear winner of the current market cycle.
That’s reflected on all-time scales.
For instance, Pepe is up 700% this year. This is more than Bitcoin, Ethereum, BNB, Solana, and XRP.
On a shorter time scale, Mog Coin is the top-performing token this week, up over 50%.
Moreover, other heavyweight meme coins like Pepe and Dogwifhat are up over 30%.
Meme Games 169-Meter dash: presale investors get a swing at 25% bonuses
In the Olympian spirit, The Meme Games has five iconic memecoin characters as its mascots.
The characters are Dogecoin, Pepe, Floki, Turbo, and Dogwifhat.
When investors buy the presale, they can choose their favorite character to take part in a 169-meter sprint.
They get a free 25% bonus if their character wins the race.
Each character has unique strengths and a 20% chance of winning.
It blends skill and chance, which is bound to keep investors on the edges of their seats. And should they miss the mark, there is no minimum purchase requirement. Investors can keep entering the presale until their chosen meme character wins the dash.
The Meme Games will also reward its community with a staking feature. Staking is like and currently provides a 4,200% APY. However, this will likely decrease as more tokens are staked.
Those who stake their tokens will face a brief seven-day lockup window post-exchange launch. Investors who don’t stake their tokens will have immediate access. The presale ends on 8 September, aligning with the closing ceremony for the Paralympics.
Following that, the exchange launch will take place on 10 September. The Meme Games have the best of both worlds. It’s tapping into the most global event of summer 2024, and its meme coin facet positions it with massive viral potential.
Everything is in place for The Meme Games to succeed.
For more information, visit the Meme Games presale website or follow the project on X and Telegram for the latest updates.
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