Memecoins
Cryptocurrency Analyst Says This New Meme Currency Could Be The Next Pepe
Step aside Pepe, a new phenomenon has entered the arena. The meme coin market has been nothing short of exciting this year, and one leading analyst is backing The Meme Games ($MGMES) as the next big thing.
It is currently in its pre-sale phase, allowing investors to buy at a fixed, discounted rate before its stock market launch.
ClayBro Backs The Meme Games For A Spot On The Meme Coin Podium
Pepe has managed to become one of the top three meme coins, but now The Meme Games has its eyes on the prize.
Famous cryptocurrency analyst ClayBro is one of the most vocal proponents of $MGMES, suggesting that it could be the “next Pepe.”
Such a prediction cannot be ignored. Pepe has a market capitalization of about $5 billion. Meme Games has already raised $200,000.
The repricing of $MGMES to catch Pepe would be monumental, and current holders would accumulate life-changing wealth.
With that in mind, let’s take a look at ClayBro’s thoughts on why The Meme Games might explode.
“If you’re looking for the meme of all memes, you need to check out The Meme Games.” Those were ClayBro’s opening remarks.
He then highlighted key features of the project’s ecosystem, such as a 25% bonus on pre-sale investments for those who win the “169-meter sprint.”
After praising the project’s unique perspective, ClayBro pointed out that crypto’s Fear and Greed tracker is back in the “greed” zone.
According to the analyst, these figures are bullish for the market. They indicate that investors’ risk appetite is increasing, paving the way for projects like The Meme Games to attract significant liquidity.
Meme Games Could Be the Official Currency of the Olympics
Let’s talk about being fast!
Although it has only just been launched, The Meme Games is considered the official meme currency of the 2024 Olympics.
The opening ceremony of the Olympic Games will take place on July 26, and an estimated 1 billion viewers will watch the event this year.
Given that The Meme Games is based on the Olympics, it’s the perfect time for this new project to emerge. This won’t be the first time a meme coin has benefited from the Olympics’ popularity.
The memetic-Olympian crossover dates back to 2014, when the Dogecoin community sponsored the Jamaican bobsled team to compete in the Sochi Winter Olympics.
It was the first concrete example of the powerful enigma of meme coins. But today, it’s The Meme Games that holds the torch.
This is a global project featuring five very impactful meme coin characters: DogePepe, Brett, Turbo and Dogwifhat.
When investors purchase the pre-sale, they are asked to select which of the roster members they think will win a virtual “169-meter sprint.”
They get a free 25% bonus on their pre-sale investment if they make the right choice. And don’t worry. Even if they miss their goal, they get unlimited trials because there is no minimum pre-sale investment.
Each meme coin character has unique strengths, but they all have a 20% chance of winning.
The 169-meter sprint reflects the Olympic spirit, introducing fun, competitiveness and excitement to the Meme Games.
Get a head start with 1,200% APY staking rewards. $MGMES launches on decentralized exchanges on September 10, but presale investors get a rare perk.
They can stake their tokens to reap additional rewards, even before the exchange launches. Staking is live and currently offers a mind-blowing 1,200% APY.
Indeed, the rewards won’t stay that high: they will decrease as the staking pool grows. But based on the current APY, it would only take 30 days to double your stake.
And with the Olympics likely to be a hot topic in the coming months, the potential for capital appreciation should also be considered.
As mentioned earlier, ClayBro believes that $MGMES could rival Pepe. In the meantime, YouTube channel 99Bitcoins said its value could increase by 100x.
This would turn a $10,000 investment into $1 million.
It’s unclear how far meme games can go. However, with a trending use case and massive support from analysts, the future looks bright.
Currently, investors can buy $MGMES for $0.00905, but this price will increase throughout the campaign. The next increase will take place in three days.