The meme coin space might have a new breakout star.
The Meme Games (MGMES) has now raised over a quarter of a million dollars in its presale.
And with the Olympics about to begin in Paris, could MGMES capitalize on the sports hype?
Meme Mania Meets the Olympics with The Meme Games
The Meme Games is bringing the thrill of Olympic racing to the blockchain.
Imagine your favorite meme characters sprinting down a virtual track, all decked out in running gear.
We’re talking Doge, Pepe the Frog, Brett, DogWifHat, and even Turbo, all vying for the gold medal.
The exciting part is that you won’t be just watching.
Instead, you get to back your favorite meme athlete.
And if they cross the finish line first, you’ll receive a 25% reward on your MGMES purchase.
There’s no limit on the number of times you can enter, so there’s scope to stack up the crypto rewards over time.
This unique setup has caught the attention of the investment community.
The Meme Games presale has raised over $250,000 already – all in just two weeks.
Early investors can buy MGMES tokens through the presale for just $0.00905, although this price will rise over time.
To get involved, you need only a compatible crypto wallet and some ETH, BNB, or USDT.
The Meme Games’ presale even accepts payments via credit/debit card.
Staking Rewards & Limited-Time Presale Fuel Demand for MGMES
Interestingly, there’s more to The Meme Games than just the racing mechanic.
The project’s staking protocol lets holders put their MGMES tokens to work, earning passive rewards.
Right now, the rewards rate is set at 974% per year.
And investors have already staked over 10.3 million MGMES.
The developers have revealed that September 8th is when the presale wraps up.
They’ll then launch MGMES on a popular DEX two days later.
That means there’s just over one month to get in on the presale action.
Time is ticking, and with a capped supply of 2.024 billion tokens (a clever nod to the current year), there’s no risk of inflation.
No wonder the project’s Telegram channel has experienced huge growth in the past few days.
However, it’s not just on Telegram that The Meme Games is picking up steam.
MGMES has been ranked third on CoinSniper.net, a widely used website that helps investors separate promising projects from scams.
Audits & Influencer Buzz Set Stage for The Meme Games to Rally
The Meme Games isn’t just relying on hype alone.
The project has already undergone an audit by SolidProof, giving investors more confidence.
SolidProof’s audit found no vulnerabilities – essentially giving The Meme Games a pass when it comes to security.
And this focus on security has caught the eye of some popular crypto YouTubers.
For example, ClayBro said MGMES could be the “next Pepe coin or Brett coin.”
This statement is about two of the year’s hottest meme coins, both of which have produced enormous rallies in recent months.
Adding to the project’s appeal is that it’s tapping into the buzz around the 2024 Paris Olympics.
We’ve seen time and again how topical meme coins like this can explode in popularity.
It happened recently with MAGA and BODEN.
So, if The Meme Games catches the right tailwinds, it could be primed for success.
And early investors might soon be celebrating a very profitable buying decision.