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The Meme Games (MGMES), an Olympic-themed memecoin, is rapidly advancing in its fundraising efforts, recently hitting a significant milestone of $400K in its presale. The excitement surrounding the ongoing Paralympic Games has added to the momentum, drawing traders eager to capture the Olympic spirit.
Investors Rush to The Meme Games Ahead of September 10 DEX Launch
The Meme Games presale has seen a surge in demand this week, coinciding with the start of the Paralympic Games. With the presale ending on the same day as the Paralympic closing ceremony, investors are feeling the urgency to buy MGMES before it launches on exchanges on September 10, 2024.
According to the project’s website, the team plans to launch MGMES on exchanges during the Paralympic closing ceremony, leveraging the heightened attention surrounding the Olympics to mark the token’s debut.
But MGMES isn’t just relying on hype to drive its value; the project has incorporated the excitement of the Olympic Games into its own competitive game.
Boosting MGMES Holdings Through the 169-Meter Dash
The Meme Games offers investors more than just speculation – it offers a chance to win bonuses through participation. Every presale investment also doubles as a lottery ticket for entry into the “169-Meter Dash,” the project’s flagship feature. This virtual race allows users to predict which character will win, with correct guesses earning a 25% bonus on their investment.
Investors can choose from five characters, all inspired by famous memecoins – Dogecoin, Pepe, Brett, Turbo, and Dogwifhat. Each character boasts unique traits and abilities, but all have an equal 20% chance of winning. For those looking to maximize their odds, batch purchases can increase the likelihood of securing the 25% bonus.
The 169-Meter Dash brings the thrill of the Olympics to the memecoin sector, transforming passive investment into active participation.
It’s worth noting that while The Meme Games markets itself as the “official” memecoin for the 2024 Olympic Games, there’s no official designation.
Staking Rewards Offer Additional Earnings Potential
Beyond the 169-Meter Dash, investors can also earn by staking MGMES tokens, with a staking feature promising a 476% APY. However, this APY is variable and will decrease as more tokens are staked. Staking emissions will continue until June 2026, showcasing the project’s commitment to long-term growth.
So far, over 21 million MGMES tokens have been staked, with reward emissions set at 38.5 MGMES per ETH block, occurring approximately every 15 seconds.
Analysts Predict Explosive Growth Post-Presale
With The Meme Games presale nearing its end, investors are keen to understand its potential once it hits exchanges. Although nothing is guaranteed, the project has garnered attention from high-profile analysts and media outlets, which bodes well for its future.
Analyst ClayBro has voiced strong support for MGMES, stating in a recent video that it could “be the most explosive launch yet.”
“It hasn’t raised too much money, so as soon as any amount of money begins to inflow after its launch, the price will explode,” he said.
The 99Bitcoins YouTube channel echoed this sentiment, suggesting the price could rise by 100x after the presale. The project has also been featured by top media outlets, including CryptoPotato, Techopedia, and The Economic Times.
As the presale draws to a close, The Meme Games is firmly on the radar of industry leaders, setting the stage for significant attention.
The growing social media buzz is evident, with 15,700 followers on its X account and 2,500 members in its Telegram community.
Despite the growing interest, there’s still time to get in early. With $400K already raised and a DEX listing planned to coincide with the Paralympics’ closing ceremony, the window of opportunity remains open for investors to join before the masses.
