The meme coin mania continues to rage, with investors looking for the next shitcoin that can replicate Pepe’s bull rally earlier this year.
Mr Hankey coin ($HANKEY) is one such token that is generating tremendous FOMO and a ton of hype among meme coin enthusiasts.
The token’s highly anticipated $500k presale already sold out within a matter of a few hours yesterday. The token will now launch on a decentralized exchange today between 17:00 – 19:00 CET, with the exact time to be announced via its Telegram channel.
Why Mr. Hankey Coin May Be The Next 100x Meme Coin
The $HANKEY token pays homage to the popular show South Park’s beloved Christmas character, Mr Hankey.
Meme coins such as $SPONGE and $VADER which are associated with famous fictional characters often see a strong price growth due to a fortified global fan base.
Mr Hankey token will almost definitely receive such a boost as well after generating such huge presale interest. South Park has been a fan favourite right from its debut and has garnered hundreds of millions of views in each of its 26 seasons.
Rumours are also circulating that the team behind $PEPE and the $SPONGE token has its hands behind $HANKEY as well.
The project is already creating a strong buzz on social media – its Twitter account has more than 7.5k followers while alpha trading groups are backing it on Telegram and Discord as well.
Various crypto platforms such as Dex Screener, Dextools and CoinGecko have also featured the token, building FOMO around it amongst the degens.
Popular social media influencers such as @MattInWeb3, @AmeerNFTs, and @mrbrown_nft are also backing the project, promoting it through giveaways and competitions.
$HANKEY’s launch today comes at the perfect time as the crypto market is displaying a strong bull rally. With major meme tokens such as Dogecoin and Pepe pumping, investors are looking at newly launched alternatives that can generate even more explosive growth.
Popular crypto YouTuber Jacob Bury believes that the token may be the next big meme coin and display a huge surge.
A True Low Cap Gem
While low market cap assets may be volatile, they also present the best opportunity for an explosive price appreciation. Mr Hankey is one such high-risk, high-reward investment, with an initial market capitalization of just $1.25 million.
$HANKEY’s presale, which comprised 40% of the entire token supply, also had a hard cap of $500k, which it raised in mere 10 hours.
With an initial price of just $0.00125, the project is offering ample opportunity to investors to stack up on the token and maximise their profits.
Furthermore, the project has reserved 40% of the tokens to provide decentralised exchange liquidity, ensuring that traders can enjoy a seamless trading experience. 10% of the token is also allocated to marketing efforts to make sure that the token fulfils its growth potential.
The developer team behind the token also understands the concerns of investors regarding rug pulls and pump-and-dump schemes in the crypto space. To ease their fears, it has renounced contract ownership and has pledged to lock the exchange liquidity.
The project has no qualms about embracing its shitcoin nature, calling its investors “a community of proud plumbers.” However, if the presale was any indication, this narrative has clearly struck a chord with the meme coin community.
With a lot of unspent demand still left, the token may see a strong spike right after launch. Investors looking to not miss out on the early prices need to stay tuned to its Twitter and Telegram pages.