A new presale launch for The Meme Games token was quick off the mark - raising over $100K on its opening day.
The Meme Games ($MGMES), the official meme coin of the 2024 Olympic Games, has announced the launch of its presale on 16 July. The presale spans three phases and concludes on 8 September, with token generation and listing events following suit.
Investors can multiply their presale purchase by 25% and stand a chance to win more tokens by participating in a 169-meter meme dash and selecting their favourite meme character.
The Meme Games presale offers a no-minimum purchase rule and seven-day token lockup for those who choose to stake their investment.
The Meme Games is poised to capitalize on the rising popularity of meme coins in 2024, with several factors contributing to the trend.
The Meme Games ($MGMES) presale has officially commenced, inviting investors to own a piece of the 2024 Olympic Games history. This highly anticipated project has an exciting lineup of events planned for the coming months.
The presale spans three phases and concludes on 8 September. Following the presale, The Meme Games will hold a token generation event (TGE) on 10 September and list the token on decentralized exchanges two days later.
However, there’s a catch: the presale price increases throughout the campaign, so those seeking the most value for money should act early.
Investors can multiply their presale purchase by 25%. Following the purchase, they will be invited to select their favourite meme character to compete in a “169-meter dash.”
There are five iconic meme characters to choose from, each with their own distinct traits and strengths. The characters are Doge, Pepe, Brett, Turbo, and Dogwifhat.
Each has an equal 20% chance of winning the dash, making it fair and randomized for presale participants.
Investors can take advantage of the presale’s no-minimum purchase rule and invest as often as possible to maximize their chances of hitting the token multiplier. It’s a concept that keeps participants on the edges of their seats.
Following the 169-meter dash, users can choose whether to stake their investment to earn additional $MGMES tokens. Staking is live and currently provides a 4,200% APY, but this will decrease as more users deposit their tokens.
Should investors choose to stake, there is a brief seven-day lockup window following the $MGMES token launch. For those who do not stake, their tokens will be accessible on the exchange launch date.
The Meme Games is launching during a period of renewed interest in meme coins, which began in 2023 and has continued into the following year.
After months of dismay, the crypto market is rebounding, and investors are more hungry than ever for meme coins. Mog Coin leads the top gainers this week with a 50% rally.
Other noteworthy performers are Pepe, with a 36% increase, Dogwifhat, up 30%, and Popcat, up 72%.
Like it or not, meme coins are the path to crypto riches in 2024.
Interest rate cuts are also expected in September, the same time that The Meme Games launches on exchanges. This will bolster investors’ appetites for risk-on assets, providing a huge boon to cryptocurrency prices.
As the community’s official meme coin of the 2024 Olympics, The Meme Games is going for gold. Follow the project on X or join its Telegram for the latest updates. Alternatively, visit its website to buy and stake tokens.
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