Crypto Whales Bet Big on This Meme Coin – Could This Be the Next 100x?

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Tim Hakki

Author

Tim Hakki

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Last updated:

September 5, 2024 12:53 EDT

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The 2024 Paris Olympics will soon be wrapping up with the Paralympics closing ceremony on Sunday but over in Web3, crypto fans have been enjoying The Meme Games ($MGMES) all summer in a token presale that has raised $420,000.

There are only two days left to purchase the crypto that degens are calling the official meme coin of this year’s Olympics.

Following the end of the presale, the token claim will drop this time next week, Tuesday 10 September, landing on decentralized exchanges (DEXs) that day.

An event called the 169 meter race lies at the heart of this exciting and timely presale.

Participants purchase tokens on the presale website and then select one of five avatars inspired by Olympian meme coin projects, each with an equal chance of winning – Dogecoin ($DOGE), Pepe ($PEPE), DogWifHat ($WIF), Brett ($BRETT) or Turbo ($TURBO).

If the purchaser’s chosen athlete wins, they’ll receive 25% extra $MGMES tokens as a bonus on their original purchase.

It collected $100k within minutes of launch last week as investors crowded the stands to snap up the meme coin of the summer.

Now, the total amount of funds raised is closing in on half a million.

On Your Marks! Get Set! The Meme Games!

$MGMES currently sells via the presale website at a fixed presale price of $0.0094. Less than 24 hours remain at this price, so investors can bag 10,000 $MGMES tokens for just $94. After that $MGMES will rise to $94.50 in the final round of the pre-sale.

That means anyone who buys 10,000 $MGMES has a 20% chance of automatically receiving an additional 2,500 $MGMES moments after purchase.

Participants can buy tokens an unlimited number of times with no minimum purchase requirement and increase their chances of securing multiple token bonuses.

The game is Web3’s spiritual successor to slot machines or roulette, but with an Olympics/classic meme makeover that is a hit with Web3 fans who want a tokenized memento of this year’s Olympics.

It also offers significantly greater chances of returns.

The $MGMES Token Is Web3’s Only Money-Making Meme Olympics!

The presale is running concurrently with this year’s IRL Olympics in Paris, concluding on September 8th alongside the Paralympics closing ceremony, before hitting DEXs on September 10th.

Those who want to maximize the profit-making potential of their purchase should stake during the presale for some eye-watering gains of 453% APY.

This figure is variable and decreases with the number of stakers, so those who stake now and stake big can maximize earning potential and put their money to work faster than Usain Bolt.

Staking is available on $MGMES’s home chain, Ethereum. SolidProof and Coinsult audited the smart contract and all winnings from presale purchases and Meme Games events are stakeable in verified smart contracts.

All told, The Meme Games’ $MGMES token could be the next 100X meme coin.

Follow The Meme Games on Twitter and Telegram for the latest updates.

Visit The Meme Games presale now via the official website.

Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all of your capital.