Pepe Coin Soars with a 44% Pump in Just 30 Days – Is It Too Late to Buy as New Meme Coins Hit 1 Million?

You just can’t keep a good dog down, or in this case, a good frog. Pepe Coin (PEPE) is back in the news once again as it has started to pump and see good returns. Over the last month, the meme coin has seen over 44% growth and is once again trending on top of CoinMarketCap. It shows the power the meme coin still yields over the market, every time you think the hype is done it comes roaring back.

We will take a deeper look at Pepe Coin’s growth and future potential later on in this piece. First, however, we are going to take a look at another meme coin that is taking the presale market by storm. Meme Kombat ($MK) has just passed the $1 million raised mark in its presale and we think the meme/P2E crossover could be a game changer.

Let’s look at what the game offers and we think it could pump once its listings begin.

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Meme Kombat: This P2E/Meme Coin Crossover Offers Players Hours of Entertainment

The P2E sector of the crypto market has hit a bit of a stumbling block in 2023. There just isn’t as much interest in them as in years gone by. This is due to a combination of an oversaturated market, lack of innovation, and meme coins stealing all the attention. Luckily Meme Kombat ($MK) has features that combat all these issues.

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As we mentioned it’s a P2E/meme coin crossover, a clever move as it will give them a bigger target audience. Another clever move the project has made is taking inspiration from a traditional gaming franchise. We always flag this as it’s a simple but effective way to widen the net for potential players. The fans of the traditional gaming franchise will likely be more interested in trying a blockchain game that includes some of their favorite aspects of the original.

As many of you may have guessed already, Meme Kombat is inspired by one the most famous combat franchises of all time; Mortal Kombat. Except, rather than battling with characters from that game, players will battle it out with the most popular meme coins from the last 10 years. Dogecoin, Wojak, and even Pepe are all included which we think is a great way to involve meme coins that investors will love.

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AI and Wagering: Two Ways the Game Will Entertain and Incentivize Players

We mentioned the lack of innovation being a problem with new P2E games. We haven’t seen anything ground-breaking in quite some time. That will change with Meme Kombat as the creators have packed their game with unique ways to both entertain and reward their players.

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As with any good new project in 2023, they have found a way to incorporate AI technology for the betterment of their investors. The technology will be used in every aspect of the game to ensure players are provided with the best graphics and in-game experience. It will also be used to determine the results of fights, the importance of this becomes apparent when it comes to the wagering side of things.

That’s right, the entertainment doesn’t just stop with a great game, players will also be able to wager on lots of different outcomes of the game. It will almost feel like a sports book because players will be able to wager against the computer, against friends or other players, or even side-bet. The side betting markets let players bet on other results other than the direct outcome of fights, such as the first move. 

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Now That the Presale Has Broken $1 Million, Some New Features Like Staking Have Been Added

Meme Kombat’s presale may have started out at a modest enough pace but now things have really started to pick up. The $1 million mark has been passed and investors are piling in at a faster rate than at any other previous stage.

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Staking was always going to be a part of the project but we were unaware of the full details until now. Now though, the dynamic staking can begin. How this works is that the APY that investors can gain is based on the number of stakers in the pool. If the game is popular, as we expect it to be, it could mean a very generous passive income for those who stake their $MK.

The presale stages have now been changed too. Every 7 days a new one will begin which should be of interest to investors. The price at the moment is a very cheap $0.1667 but that will go up in just one day. Then after that, every week the price will go up. If investors want to get the best price they need to act soon.

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Pepe Burning Trillions of Tokens May Have Ignited Its Popularity, Will It Last?

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The above chart shows the last 30-day performance chart for Pepe Coin (PEPE). As you can see the price really began to improve on the 24th of October. What happened around that time? The Pepe Coin team burned 6.9 trillion of the available tokens. As we know scarcity is sought after in the crypto market and this seems to have had the desired effect.

What about its potential going forward? The burning has had the desired effect, Pepe Coin is back trending again which worked very well for it in the past. At one stage, the meme coin reached a market cap of 500, nearly doubling its value. Its virality being reignited certainly gives it potential for more growth.

Crypto enthusiast and owner of Twitter Elon Musk, has again been rumored to be considering incorporating new payment methods for the social media site. Anyone who knows meme coins will know this likely means Dogecoin (DOGE) and maybe Pepe coin would be included. This of course would cause PEPE to pump even more.

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Conclusion

So we think it could be good news for both meme coins in the short and long term. Pepe may have been able to force itself back into the spotlight and if it can hang around that’s good news for its price. meme  Kombat on the other hand, looks like it could be the biggest P2E game of 2023 and we think it has the potential for huge gains once its listings begin.