Olympics-themed crypto token The Meme Games ($MGME) has raised more than $150,000 in the first week of its meme coin presale, marking a major milestone just 8 days before the opening of the Paris Olympics.
The Meme Games offers users a chance to bet on their favorite memes in a fun and competitive virtual environment and win $MGME rewards if the chosen meme wins. Players can win up to 25% on every $MGME wager, offering an exciting alternative to traditional community rewards.
Investors won’t want to miss this chance to get in on the hottest new meme coin of the summer ahead of the Olympics opening ceremony.
Olympics Betting on Doge, Pepe, and Other Top Meme Coins
The Meme Games mimics the format of the Olympics, with competitors coming together to compete in a series of events as the world watches on.
But instead of involving athletes from around the world, The Meme Games is fielding top memes as competitors. The competition will feature Doge, Pepe, DogWifHat, Brett, and Turbo in a 169m sprint in a virtual Olympic track and field stadium.
What has investors and meme enthusiasts excited about The Meme Games is that $MGME token holders will have a chance to bet on which meme will win the race—and anyone who bets correctly will get a 25% bonus on their purchased $MGME tokens.
The virtual race is set to be held after the $MGME presale ends on September 8, the same day as the Paralympics closing ceremony. Token holders’ bets will be equal to the amount they purchased during the presale, and they have to pick just one meme—they can’t split their bets across all of the competitors.
High Yield Stakings Attracts Meme Coin Investors to The Meme Games Presale
While the betting and bonus aspect of The Meme Games has no doubt contributed to the token’s early success, just as important is the staking rewards being offered to early investors in $MGME.
Right now, investors who buy into The Meme Games presale can earn 2,064% APY for staking their $MGME tokens—a massive compound return that ensures investors will have full bags when $MGME hits exchanges.
https://x.com/MemeGames2024/status/1811406340952355185
More than 4.9 million $MGME tokens have already been staked, showing just how excited early investors are about these rewards. Staked tokens also have the potential to deliver return from price increases in the $MGME presale, which is currently selling $MGME at a discounted price of only $0.009.
According to The Meme Games whitepaper, the total supply of $MGME is 2,024,000,000 tokens—a nod to the 2024 Olympics. 10% of the supply is reserved for staking rewards, with an additional 9.3% allocated to pay out winnings to bettors who correctly predict the top meme.
Crypto Analysts Line Up Behind The Meme Games, Predicting Explosive Launch
The Meme Games is set to launch on decentralized exchanges on September 10 in what’s shaping up to be one of the biggest meme coin launches of the year.
Crypto analysts like Jacob ‘Crypto’ Bury—who has a track record of being one of the first to predict massively successful meme coins—has been pointing to The Meme Games as a must-own token.
Meanwhile, crypto analysis platforms like 99Bitcoins have already predicted that The Meme Games could be the next 100x crypto after it launches.
The attention has been huge for The Meme Games, which now has more than 14,000 followers on X and is building up a presence on Telegram as well.
The Meme Games has undergone a smart contract audit from SolidProof, so there’s substance to this coin behind the hype.
Considering all of this in the context of The Meme Game’s fast rise to a $150,000 raise, this meme coin has the potential to be one of the biggest launches of the year—an Olympic-sized event in the crypto world.
Less than 48 hours remains before the next price increase in the $MGME presale, so there’s no time to waste to lock in the best price for this token and place your bet on your favorite meme.