Monday 22 July 2024 – The 2024 Paris Olympics kicks off this Friday, and savvy degens and meme coin fans alike have poured over $200k into a new crypto presale that offers a Web3 kind of Olympics experience: The Meme Games!
The Meme Games ($MGMES) is an Olympics-themed cryptocurrency that merges five Olympian meme coin projects – Dogecoin ($DOGE), Pepe ($PEPE), DogWifHat ($WIF), Brett ($BRETT) and Turbo ($TURBO) – into a new purchase-and-play experience that is fun and potentially very profitable.
It collected $100k within minutes of launch last week as investors crowded the stands to snap up the meme coin of the summer. Now, barely five days in, the total amount of funds raised has climbed past $210k.
Thanks to a unique combination of competition, chance, and reward, alongside the global appeal of memes and the Olympics, the crypto community is hailing $MGMES as the official meme coin of the 2024 Olympics.
How The Meme Games Works
$MGMES currently sells via the presale website at a fixed presale price of $0.00905. For the next three days, investors can bag 10,000 $MGMES tokens for just $90.50. Then the price will rise incrementally higher to the next fixed presale price of $0.0091.
After picking one of the five biggest original crypto meme characters – Dogecoin, Pepe, DogWifHat, Brett, or Turbo – the purchaser’s chosen athlete will run the 169m sprint, where they’ll have a 20% winning a 25% bonus on their purchase.
That means a 10,000 $MGMES purchase has a decent chance of automatically receiving an additional 2,500 $MGMES moments after purchase.
Participants can buy tokens an unlimited number of times with no minimum purchase requirement and increase their chances of securing multiple token bonuses.
In spirit, the game resembles slot machines or roulette with an Olympics/classic meme makeover, but with significantly greater chances for players to see returns.
Web3’s Only Money-Making Meme Olympics Have Begun!
The presale will run concurrently with this year’s IRL Olympics in Paris, concluding on September 8th alongside the Paralympics closing ceremony, before hitting DEXs on September 10th.
Those who want to maximize the profit-making potential of their purchase can earn lucratively high yield by staking during the presale.
The official project website and whitepaper encourage investors to stake tokens during the presale to take advantage of the eye-watering APY on offer. This figure is variable and decreases with the number of stakers, so participants will want to stake early and stake big to take advantage of a yield that currently offers a 1,217% rewards rate per annum.
Staking is available on $MGMES’s home chain, Ethereum, and The Meme Games smart contract has been audited by SolidProof and Coinsult. All winnings from presale purchases and Meme Games events are stakeable in verified smart contracts, maximizing the earning potential of The Meme Games to Olympic stadium-sized levels.
Follow The Meme Games on Twitter and Telegram for the latest updates.
Join the presale now via the official website.
The post Degens’ Official Meme Coin of the 2024 Olympics Raises Over $200k A Few Days Into Presale appeared first on Cryptonews.
