Pepe Coin Soars with 27% Price Surge in Just 24 Hours – But Is This New Meme Coin the Next PEPE?

With almost a 100% uptick over the last seven days, there’s not really any contest of which meme coin stole the spotlight in the month of “Uptober”.

Pepe Coin investors were in for a treat this week, with their favorite token recording some impressive returns after the latest green sentiment and BTC’s sprint to $35,000.

But is this still the token you should invest in for huge profits? Maybe, but analysts suggest a better alternative – Meme Kombat ($MK).

Apparently, Meme Kombat has the potential to not only replicate PEPE’s early 2023 run, but even bring it up a notch…

In this article, we’ll check out why this is the case.

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Pepe Coin Ending a Spectacular Week with Almost 100% ROI – But This New Presale Meme Token Has Even More Profit Potential

The team behind one of 2023’s most talked-about meme coins, Pepe Coin (PEPE), recently undertook a significant token burn, torching tokens with an approximate value of $6 million.

As a direct result of this move, PEPE’s price experienced an impressive surge, skyrocketing by more than 80% within just seven days and now resting comfortably at around $0.000002.

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This remarkable ascent is partly attributed to the broader crypto market’s overall upward trajectory, largely fueled by the positive momentum exhibited by Bitcoin. Additionally, the anticipation surrounding the approval of spot Bitcoin ETFs in the United States has been a source of optimism among investors.

Pepe Coin currently boasts a market capitalization of approximately $377 million, firmly securing its position as the third-largest meme coin in terms of market capitalization.

This recent price increase, coupled with the appointment of a new leadership team for the project, has led many experts to predict a much more bullish future for Pepe Coin.

However, seasoned cryptocurrency investors argue that Pepe Coin might still have a formidable challenger in the form of Meme Kombat ($MK).  

Let’s check out why.

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Meme Kombat ($MK) Behind One of the Hottest Presales of the Year – Is 100x ROI Possible After Listings?

A few weeks ago, Meme Kombat set the stage for its journey by launching a public presale of its native $MK token.

The presale has already garnered remarkable attention, raising over $700,000. This strong investor interest is a promising sign as Meme Kombat gears up for its official launch.

Following the conclusion of the presale, Meme Kombat’s developers have ambitious plans to list MK on major decentralized exchanges (DEXs), including popular platforms like Uniswap. This move is aimed at making MK more widely accessible and enhancing its liquidity in the market.

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As these listing preparations progress, the buzz surrounding Meme Kombat is steadily on the rise. The project’s official Telegram channel has witnessed a surge in new members just this week, underlining the growing community support.

Another thing that sets Meme Kombat apart is its unique combination of memes and decentralized finance (DeFi) concepts.

In a space filled with projects of limited utility, Meme Kombat’s fusion of humor and innovative financial approaches has resonated with the cryptocurrency community, making it a standout contender.

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Spectacular Staking Rewards in Game and Long-Term Potential Promised with Advanced Tokenomics  

What truly distinguishes Meme Kombat from the crowd is its well-crafted tokenomics strategy, meticulously designed to ensure long-term sustainability.

In the midst of the presale, a significant 50% of $MK tokens will be released to the public. This allocation strategy sets aside 10% for bolstering exchange liquidity, another 10% for rewarding the community, and 30% for staking rewards.

This carefully planned distribution not only maintains the project’s commitment to being community-owned but also emphasizes decentralization, providing the foundation for a resilient community, along with price stability.

However, what makes the Meme Kombat ecosystem even more intriguing is its staking mechanism.

Holders of $MK tokens have the opportunity to deposit their tokens into the platform, reaping the benefits of an enticing 112% annual percentage yield (APY). Moreover, users will find themselves in need of staked tokens to access various features within the platform.

This dual functionality ensures that a considerable portion of $MK tokens remains effectively locked up, leading to a decrease in the circulating supply, a strategic move to influence token dynamics.

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The Verdict

There’s no doubt that Pepe Coin has led the 2023 meme coin industry with its massive early-year profits and this amazing week of over 100% returns.

However, is the future of Pepe just as bullish?

While it definitely could be, the vast majority of seasoned investors believe that there is a new meme token on the block that we should pay attention to for profits – Meme Kombat ($MK).

And with its impressive presale, professional project team, and a handful of cutting-edge features and innovative ideas it brought to the table, Meme Kombat has proven its worth.

With all the talk of 100x profits once it hits listings, this low presale price is an ideal chance to take advantage and maximize your gains once the project comes out.