The Meme Games Presale Raises $350K as Traders Cash in on Olympic Games

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The post The Meme Games Presale Raises $350K as Traders Cash in on Olympic Games appeared first on Coinpedia Fintech News

The world is watching the Olympic Games, and meme coin devs never waste a good opportunity.

Enter: The Meme Games ($MGMES), the Olympic-themed meme coin currently in its presale.

The presale is ongoing, so investors can snag $MGMES at a discounted price before it launches on exchanges.

And with the Olympic Games underway, there’s no better time to buy.

Investors have already bought over $350K worth of tokens, but this microcap has a lot of room for growth.

Traders are winning 25% presale bonuses when they buy $MGMES

In the Olympic spirit, The Meme Games has introduced a competitive and gamified element to its presale.

The project has a roaster of five iconic meme coin characters: Pepe, Doge, Brett, Turbo, and Dogwifhat.

When investors buy the presale, they can guess which will win an augmented “169-meter dash.”

It’s essentially a virtual sprint; and if the investor guesses correctly, they get an extra 25% bonus on their presale purchase.

Each character has a unique mixture of characteristics, but they all have a 20% chance of winning. This ensures fairness and makes the game more about fun and luck than skill.

But here’s the important part:

There is no minimum presale investment.

As such, traders have been ‘gaming the system’ by dividing their presale investments into smaller purchases.

This is allowed and even encouraged by The Meme Games team.

It benefits the traders because it averages out their chances of correctly choosing the winner.

Currently, The Meme Games presale price is $0.0092, but this will rise throughout the campaign, with the next increase in three days.

Moreover, there’s less than one month until the presale ends. Following this, $MGMES will immediately launch on decentralized exchanges.

Get 600% staking rewards with $MGMES presale

As with most cryptocurrencies, traders are buying The Meme Games presale with hopes its token value will increase later.

However, it’s not the only way they can earn from the presale.

Another is staking.

In crypto, early investors are rewarded the biggest gains, and that’s certainly true for The Meme Games.

It’s currently offering a staggering 606% staking APY.

These returns are mind-blowing. Suppose someone invested $10K; they’d receive over $160 back daily in passive rewards.

Factoring in the potential for price appreciation, there’s a lot of gains on the table.

However, it’s important to be aware that the staking APY will decrease over time.

Returns of this scale are almost never seen, or if they are, they last only a very short period.

For perspective, ETH and SOL stakers can earn about a 7% APY, and SHIB stakers can earn just slightly more.

As such, those looking to capitalize on The Meme Games’ huge rewards must not wait around.

This analyst thinks $MGMES price will increase by 10x, says it’s the best crypto to buy now

Even though it has raised just $350K, some of the industry’s top analysts have woken up to the potential of The Meme Games.

Jacob Bury, a renowned low-cap gem hunter, told his some 42K followers that he thinks The Meme Games will 10x and could be the best crypto to buy now.

“It could be the next big 10-100x in the crypto markets,” he said.

The analyst continued, “It’s really quite a fun, exciting ICO, and they’re already getting a lot of marketing. We could see a lot happen here.”