Wednesday, October 11th, 2023 – Pepe’s price has dropped another 5% while the latest hot meme coin, Meme Kombat, raises $453,000 as investors buy into its gaming vision of battling meme characters.
The struggles of Pepe to stay relevant continue, even though it is still the third-largest meme coin by market capitalization. However, for meme coin degens on the prowl for 10x or 100x opportunities, there are far better coins to look at, and Meme Kombat is at the top of the list.
The Pepe price has slipped to $0.0000006462 as enthusiasm for the coin falters in the absence of an actual use case beyond being a meme character.
But it is a different story as far as Meme Kombat is concerned, and its native token $MK. Already nearly halfway to reaching its initial $1 million raise target, $MK is at the forefront of a new developing wave of meme coins that have as their base layer gaming utility.
Meme Kombat token ($MK) can be bought today for $0.1667.
Meme Kombat’s Meme coins, gaming and gambling – the 3 hottest sectors in crypto
But Meme Kombat takes gaming a stage further by combining it with gambling. As such, the project is targeting three of the most promising sectors in crypto: meme coins, gaming and gambling.
The first of those, meme coins, is all about subjective elements that underpin viral potentiality and engagement that have to be at the core of building strong communities around coins – that’s where they derive their ultimate value. Gaming and gambling on the other hand are much more readily quantified.
Both gaming and gambling are huge growth sectors within and outside of the crypto space. Furthermore, blockchain technology is very much at the leading edge of that expansion.
For its part, Meme Kombat is innovating by using its Web3 architecture to create a platform in which users place wagers on the outcome of provably random battles between meme characters.
This is a pathbreaking project that has no competitors.
It will appeal to all meme coin lovers precisely because it incorporates all the most popular ones into its game ecosystem. Whether you are a fan of Pepe, Dogecoin, Shiba Inu or others, you will find them represented in the Meme Kombat Arena.
The project has been winning plaudits for its attractive artwork, providing a preview window of what to expect in the gaming experience.
With that in mind, you can join the $1,000 giveaway competition by submitting your own meme battle designs for the chance to win. Hurry to enter because the competition closes on October 13th.
https://x.com/Meme_Kombat/status/1710415670838772154
Earn 112% APY by staking in presale Meme Kombat today
Unlike many meme coins such as Pepe, with Meme Kombat you can stake-to-earn to lock-in a passive income stream.
Stakers earn an annual percentage yield (APY) of 112%. Such a high return is possible because the project has allocated 30% of token supply to staking and battle rewards.
Presale buyers can choose to stake their coins immediately and start earning now.
There is a staking dashboard to show the real-time number of staked coins in the pool launching soon.
You can keep up with developments at Meme Kombat on X (formerly Twitter) and Telegram.
Season 1 features many of the meme coin space’s best-known characters
Meme Kombat’s Season 1 card packs will be available immediately after the presale is sold out and the project is launched.
There are 11 meme characters you can battle with in Season 1: Milady, Baby Doge, Doge, Floki, Kishu, Mong, Pepe, Pepe2, Shiba, Sponge and Wojak.
Players bet on the meme characters and are rewarded with $MK tokens if they back the winners.
Blockchain comes into its own when it comes to gaming and gambling. On the gaming side, there is verifiable randomness and for gambling, its trust and security features are also well suited to the platform’s requirements.
Usually absent from most meme coin projects, in Meme Kombat’s case a security audit of its smart contract has been carried out. Prospective buyers will be happy to know that the audit was passed with flying colors, with no major issues detected.
Season 2 meme character cards will be coming sometime in December 2023.
Altogether, 50% of the total token supply is being sold in the presale, 30% for staking and battler rewards, 10% for community rewards, and 10% for decentralized exchange liquidity.
The total token supply is 120,000,000. The price and token supply has been recently adjusted by a factor of 10, so the price has changed from $1.667 to $0.1667 and the token supply from 12 million to 120 million $MK.
Meme Kombat is everywhere as marketing ramps up
Crypto media is full of Meme Kombat coverage. The innovative meme coin has been featured on leading crypto news sites, including FXStreet, Decrypt, Coincodex, Cointelegraph, and CryptoSlate. It is also attracting attention on game sites, with an article recently appearing in Game is Hard.
Crypto expert on YouTube Joe Parys, who has 382,000 subscribers, has selected Meme Kombat as one of his ‘top 5 meme crypto coins for 2024 and beyond’.
Another YouTuber is well-respected crypto analyst Michael Wrubel with 310,000 subscribers. He is just as bullish on Meme Kombat’s potential to carve out a valuable niche.
The Crypto Gains YouTube channel is talking about the possibility of 10x gain from the $MK token presale.
Presale expert reviewer JacobCryptoBury has backed $MK for potential 100x returns.
Meme Kombat is also helped by being doxxed. Founder Matt Whiteman is the chief operations officer of Netherlands-based North Technologies, a successful NFT trading and analytics startup.
Whiteman’s footprint in the NFT space is thought to be helping Meme Kombat to garner traction in the Web3 venture sector.
Meme Kombat rewards players for time staked and engagement on the platform
Meme Kombat makes staking and betting easy. Winners receive $MK tokens, plus the opportunity to win valuable prizes.
Stakers can withdraw their $MK tokens from the pool at the end of the presale, but the rewards earned will be forfeited.
Those who stake today will be ready to start betting when the battling system goes live after the presale sells out. Only staked tokens can be used for wagering in order to encourage long-term commitment to the project.
Also, in another big win for stakers, the rewards compound daily to magnify yield.
As the platform gains users, the value of the $MK token will rise, driven higher by its in-game usage.
Stake-to-bet will be a rich seam for $MK token holders
Meme Kombat is at the center of the intersection of gaming and gambling in the cryptocurrency industry.
By freeing up staked tokens for use as gambling chips, Meme Kombat allows network participants to earn from staking as well as simultaneously being afforded the opportunity to win at the battle arena.
It is this two-fold offering that makes Meme Kombat such a lucrative and attractive value proposition.
Priced at $0.1667, Meme Kombat token can be purchased today with ETH, BNB or USDT (ERC-20 and BEP-20 versions).
Gambling is a massive industry. Data compiled by Statista shows that the online gambling industry’s market size is $95 billion for 2023.
Meme Kombat is well-positioned to take a big slice of the crypto gambling pie, so it is best not to delay too long before getting your stake.
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