Mixin was hacked for $200 million as the decentralized wallet service took a massive cyber attack. This just shows that the fast-paced world of cryptocurrencies is a ride with a LOT of ups and downs. While this event has certainly sent shockwaves through the crypto community, where there are downs there will always be ups.
In this landscape full of risks and rewards enters MillionaireGame (MG), a meme coin that’s here to change the game of crypto investing by aiming to mint a millionaire every month.
Mixin’s $200 Million Hack and New Rising Opportunities
Mixin Network recently faced a severe security breach resulting in a massive $200 million hack. As a result, Mixin’s XIN token fell over 8.6% in just 24 hours.
Furthermore, the founder, Feng Xiaodong, has revealed that in the face of this mishap, users can currently access only half of their assets at the time of writing.
A hack of this scale highlights just how important securing one’s crypto wallet is, regardless of how secure a network, coin, or platform is.
This incident is a stark reminder of how fast it is to fall and rise in the crypto game. That’s right, where there are falls there will be rises. While price falls and cyber attacks have happened occasionally, the same can be said for price spikes and great opportunities.
Built upon a promising roadmap, one such opportunity that investors are keeping an eye on despite all the chaos is MillionaireGame, a rising meme coin with an ambitious goal.
MillionaireGame’s Hack to Riches
MillionaireGame (MG) is not your typical meme coin. It’s not all about funny references and memes that fall and rise with the times.
MG takes meme coins to the next level and makes it about attaining that millionaire dream that every one of us has or once had; realizing that what investors want are financial returns.
The ultimate goal is to create a millionaire every month through a simple hack called investing in it. Investing and praying that your crypto will be like Bitcoin or PEPE and rise enough to turn a profit? The vision that MG has set out is quite different and here’s how it works:
How Does It Work?
MG uses a unique tokenomic system where it mints a millionaire per month out of the pool of investors. Not only are holders investing in the value of MG, they also get a chance at winning the millionaire prize.
Their chance of winning life-changing money is directly proportional to the number of $MG tokens they hold. The prize pool is designed so that it will last over 50 years.
Selection Rules?
You simply have to hold MG to be selected.
MG’s system ensures security in terms of token price and calls for active participation from the community to strive to make their millionaire dream happen.
Security Concerns?
If Mixin can fall to a cyber attack, what about MG? MG’s lucky draw mechanism enforces fairness and fund flow such that an attacker could never bias the result or steal the rewards.
But it’s still important to note, as mentioned earlier, that personal security of one’s crypto wallet is the most vital factor. Always proceed with caution when taking care of your assets.
Next Steps
The team at MillionaireGame claims that MG will be the greatest meme coin of 2023 and they are inviting all the toughest players to join in. The token is set to launch after reaching a $40 million market cap and once it is listed on top-tier exchanges.
The MillionaireGame team reportedly aims to initially list on DEX followed by CEX; managing liquidity risks through staking incentives. Currently, MG is reaching the end of its Stage 2 presale as it aims for a price raise in the next stage. Balance your expectations as you do with any kind of investing and join in on the millionaire dream.
MillionaireGame (MG) Presale Information
