Just when you thought the crypto market had seen it all, along comes a project that’s part meme, part Olympics tribute.
The Meme Games (MGMES) is generating enormous traction in its presale phase – and just passed the $250,000 milestone.
Meme Culture Meets Sports with The Meme Games
This project is like someone tossed the Olympics and your favorite internet memes into a blender.
The result is a meme coin that’s as ridiculous as it is exciting.
Here’s the deal: You buy MGMES tokens, and suddenly, you’re able to pick your meme coin “champion.”
The options are Doge, Pepe the Frog, Brett, Turbo, or DogWifHat.
These five meme characters will face off in the 169-meter dash, and if your champion wins the race, you’ll receive a 25% bonus on your MGMES investment.
For example, imagine you bought 20,000 MGMES tokens and chose Pepe the Frog as your meme athlete.
If Pepe won the next 169-meter dash, you’d win another 5,000 MGMES.
The exciting part is that you can enter as many times as you want, providing scope to earn more crypto over time.
And any tokens you earn through this racing mechanic can instantly be staked.
At the time of writing, estimated staking yields are quoted at 924% per year – and over 10.9 million MGMES have already been pledged.
That’s impressive, considering The Meme Games is still in presale.
Presale Momentum Builds as Investors Bet on MGMES’ Success
The excitement around The Meme Games’ racing feature has translated to presale demand.
This Olympics-meets-crypto mashup just passed the $250,000 mark – and it’s showing no signs of slowing down.
Crypto degens and sports fans are piling in, snagging MGMES tokens for just $0.00905 a pop.
That’s expected to be a discount on the eventual DEX listing price.
And the hype around The Meme Games is beginning to pick up, with popular crypto YouTubers like Austin Hilton saying it will be “huge.”
The experts over at 99Bitcoins even said it could 100x in price after listing.
According to The Meme Games’ whitepaper, the developers plan to wrap up the presale on September 8th.
Two days later, on September 10th, they’ll list MGMES on the open market for the first time.
That means there’s just over a month for the hype to build during presale.
Crucially, the developers have also set aside just over 200 million MGMES tokens for initial liquidity – helping reduce the chance of slippage post-listing.
The Meme Games Capitalizes on the Wave of Olympics Hype
The world is gearing up for the Paris Olympics to kick off today.
And The Meme Games is perfectly positioned to benefit from the global hype around the event.
We’ve seen time and time again how topical meme coins can explode.
A famous example is when Elon Musk tweeted about Dogecoin back in 2021.
However, a more recent example was Hamster Kombat, which began trending on social media and rallied in pre-market trading.
The Meme Games team is hoping a similar scenario plays out here.
Also, in the final months of last year, the crypto market as a whole experienced a dramatic bull run.
This bull run saw most of the best meme coins flip green after a challenging period.
If history repeats itself again this year, The Meme Games could be in for an exciting ride.
Ultimately, this project is worth keeping an eye on.
With the presale ending in just over a month and a DEX launch already in the pipeline, The Meme Games might just be what brings the excitement of the Olympics to the crypto market.
Visit The Meme Games Presale
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