Is Meme Kombat the Future Pepe Coin? Crypto Expert Shares His Insights and Predictions for 2024

Meme Kombat

Pepe Coin is one of the biggest successes on the crypto market in 2023, but now we have a new meme coin threatening to eclipse it.

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Launched in April, Pepe Coin astonished the world of crypto with its explosive growth. In just two days, the token’s price surged 1,300%, reaching a mind-boggling $500 million in daily trading volume. In less than three weeks, Pepe Coin’s market cap breached $1.6 billion.

With a total supply of 420.69 trillion coins (the meaning of these numbers should be self-evident to every 13-year-old) and “fueled by pure memetic power”, PEPE was writing a new chapter in the history of meme coins, continuing in the footsteps of giants like Dogecoin and Shiba Inu. 

Now it would seem that the time has come to pass the torch to the new generation, as Meme Kombat (MK) takes the stage and gets ready to become the next meme coin sensation. We asked crypto expert and one of the most popular YouTube crypto analysts Joe Parys to share his thoughts on whether Meme Kombat is the future Pepe Coin and here is what he had to say.

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The Success of Pepe Coin Paved the Way for the New Generation of Meme Coins

Under the motto “Make Memecoins Great Again,” referencing Donald Trump’s presidential slogan, Pepe Coin proved that meme coins are still capable of shocking the market. Despite some naysayers claiming that the era of meme power is dead and buried, the incredible growth of popular PEPE demonstrated that the market is still hungry for well-designed meme coins.

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Based on the Pepe Frog character designed by illustrator Matt Furie in his webcomic Boy’s Club, the meme had quite a journey. Coopted by the alt-right and various extremist organizations, Pepe was even designated as a hate speech symbol by the Anti-Defamation League. The controversy surrounding it was the main reason why the creators of Pepe Coin chose it for its token and that proved a smart decision.

At the moment, PEPE is a mere shadow of its former glory. Trading at $0.0000007283, the token’s market cap is just above $285 million. Despite several attempts, we are yet to see a new token that would claim the title of the king of meme coins, but now we have a true contender in Meme Kombat. The new crypto project and its native token MK hold terrific potential, a fact not lost on investors scrambling to buy as many of them as they can in presale. All signs point to its explosive growth once the presale ends the token starts appearing on crypto exchanges. 

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Is Meme Kombat the Future Pepe Coin?

Crypto expert Joe Parys, on his YouTube channel Joe Parys Crypto, followed by more than 380,000 subscribers, claims that Meme Kombat is one of the “Top 5 meme crypto coins for 2024 and beyond”. The unique blend of meme potential, fascinating Play2Earn mechanics, betting, and staking make Meme Kombat one of the most promising tokens on the market at the moment.

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The general idea behind Meme Kombat is pitting popular memes against each other and letting users decide which one will win. In Season 1, the developers have prepared 11 such memes to choose from, namely Floki, Pepe, Pepe 2 Shiba, Sponge, Wojack, DogeBaby Doge, Milady, Kishu, and Mong. Based on popular meme coins, these memes are chosen for high engagement and popularity with various groups of Meme Kombat supporters.

Season 1 will start in Q3 2023, at which time the names of the combatants will be published. Each round of combat will offer users a chance to bet on the winner, allowing them to earn money from supporting their favorite memes. They can also play the odds and create a significant side income stream.

Staking and betting are just two ways you can make money with Meme Kombat. By far the most profitable option, though, remains traditional trading. With numerous crypto experts agreeing that the token will pump between 25x and 100x as soon as listings on crypto exchanges stars, early-bird investors stand to make a bundle. The only issue is whether they can manage to buy enough MK tokens before the presale ends.

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Lucrative Staking Option Separates Meme Kombat from Other Meme Coins

The growing popularity of staking is forcing more and more developers to include it in their crypto projects. Meme Kombat has embraced it from the start, offering an amazing 112$ APY, much higher than the industry average.

If betting on meme combat is not your cup of tea, then perhaps staking is more up your alley. It is a passive process that doesn’t require much activity from users once initiated. Staking your MK tokens takes a few minutes, after which you can sit back and let the cash roll in.

To make things even better, you can stake your tokens even before the app is launched. If you buy MK tokens during the presale, you can stake them immediately and earn staking rewards while the presale still lasts.

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Meme Kombat Presale is in Full Swing

It only took hours for Meme Kombat presale to hit $100,000 in raised funds. This is a powerful testament to the popularity of the concept and a strong indicator of the wide support it enjoys. Particularly significant is the interest shown by several crypto whales, making large purchases in the opening days of the presale.

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1 MK in presale sells for $1.667, which is a tad higher price than we usually see in ICOs. However, the team behind Meme Kombat is confident that the presale will go as planned and sell the allocated 6 million tokens on schedule. Several crypto experts agree with that assessment.

Six million tokens represent 50% of the MK’s total supply. The rest is divided between staking and battle rewards (30%), liquidity on decentralized exchanges (10%), and community rewards (10%).

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Conclusion

The astronomical growth of Pepe Coin has revived the meme coin niche and heralded the age of a new generation of tokens based on popular memes. Now Meme Kombat, a rising crypto star, is hailed as the future Pepe Coin, looking to recreate its success. Crypto expert Joe Parys shares his insights and predictions, claiming that the MK token is one of the best cryptos to invest in for 2024. Those who invest early in it may very well end up in the next batch of crypto millionaires after it hits the open market.

Source: https://www.analyticsinsight.net/is-meme-kombat-the-future-pepe-coin-crypto-expert-shares-his-insights-and-predictions-for-2024/