Investors are betting big on another meme coin. The growing traffic to the Meme Kombat presale suggests that a meme coin mania is in the offing.
What you'll learn 👉
All Eyes on Meme Kombat Season 1
In a market crowded with hollow meme coins, Meme Kombat combines gaming utility with passive staking rewards for long-term viability. We could rightly call Meme Kombat a play-to-earn token that comes with a meme coin label.
Soon after the token launch, the project will unroll its much-awaited first season. The token is predicted to climb 10X to 20X ahead of Meme Kombat Season 1.
Although Meme Kombat Season 1 is set to launch shortly after the presale, the meme coin craze is expected to kick off before that. The public listing of $MK tokens on both leading centralized and decentralized exchanges will take advantage of the growing FOMO to initiate a massive meme coin pump in the fourth quarter of 2023.
What Exactly is Meme Kombat?
For people unfamiliar with Meme Kombat, here is an introduction to the project and why investors are psyched about it.
At the heart of it, Meme Kombat is a meme-based play-to-earn coin that incorporates GambleFi utilities. It has kindled a wave of excitement within the market by combining three hot themes – GambleFi, AI, and passive income. By utilizing AI-generated meme battles, the project places itself at the forefront of the new GambleFi revolution.
The eagerly anticipated Meme Kombat Season 1 is set to launch shortly after the presale. However, the meme coin craze is expected to kick off even before that, with the public listing of $MK tokens on both leading centralized and decentralized exchanges.
The Online Gambling Market is Growing
The online gambling market is hot right now. The potential of the industry became evident to the broad market with the unparalleled success of Rollbit, which has recorded an annual gain of 7000%. What followed was a flood of Rollbit clones. Of course, they couldn’t replicate the success of the predecessor.
No matter how fertile a niche is, it is important for projects to set themselves apart. There should be factors that draw customers to the new project. For that, the project should offer features and functionalities its competitors don’t.
Right now, GambleFi is confined to casinos and sports betting. That is one of the key reasons why online gambling projects bite the dust before take-off.
We limit the possibilities of the fertile online gambling market to casino and sports betting. But there are more ways projects can garner attention from a diverse range of audiences and build a loyal community that supports its price action. Speculative investors can’t hold a project on their shoulders alone for long.
Only cryptocurrencies with practical applications can defy downtrends.
That principle lays the foundation of Meme Kombat – a novel project that reinvigorates GambleFi through exhilarating AI-generated meme battles. Users can place bets on the outcomes of thrilling battles between meme characters on the platform. As participants step up their performance and climb the leaderboards, they can earn attractive rewards in $MK tokens.
While Season 1 will feature 11 popular meme characters, Season 2 (scheduled for December) promises to be a full-fledged experience. It will introduce advanced features, a wider array of new characters, and a diverse range of game modes, further elevating the gaming experience.
Gaming Community First
Meme coin communities often have a fleeting existence. Their lack of focus on utility set them up for failure in the long term. To tackle this, Meme Kombat focuses on its utility to support the price action even after the initial momentum subsides.
It offers a variety of gambling modes to cater to gamers of different interests and preferences. A few examples are the player vs. player mode, player vs. game mode, direct betting, and side action betting.
How to Invest in Meme Kombat?
Learning from the strengths and weaknesses of early projects like Shiba Inu and Pepe and myriads of others, Meme Kombat strongly emphasizes utility and community engagement.
Meme Kombat’s GambleFi ecosystem contributes to the vitality of its price action. But the project is also distinguished from the larger market by its commitment to transparency. Being a doxxed project led by Matt Whiteman, the project maintains an unparalleled transparency that is rarely seen in the meme coin market.
The project has undergone a rigorous smart contract audit by Coinsult to ensure security and reliability. The 10% of the total supply earmarked for pairing with a liquidity pool on decentralized exchange (DEX) listings further instills faith in investors.
According to analyst Jacob Bury, the meme coin will experience a tenfold increase in its value upon its launch. To get an early and cheap entry to the project, the presale offers an excellent entry point. The staking Annual Percentage Yield (APY) of 112% is another compelling reason to join the presale.
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