Pepe Value Declines by 5% as New Viral Token, Meme Kombat, Surpasses $450,000

Pepe’s price has dropped another 5% while the latest hot meme coin, Meme Kombat, raises $453,000 as investors buy into its gaming vision of battling meme characters.

The struggles of Pepe to stay relevant continue, even though it is still the third-largest meme coin by market capitalization. However, for meme coin degens on the prowl for 10x or 100x opportunities, there are far better coins to look at, and Meme Kombat is at the top of the list.

The Pepe price has slipped to $0.0000006462 as enthusiasm for the coin falters without an actual use case beyond being a meme character.  

But it is a different story as far as Meme Kombat is concerned, and its native token $MK. Already nearly halfway to reaching its initial $1 million raise target, $MK is at the forefront of a new developing wave of meme coins that have as their base layer gaming utility.  

Meme Kombat token ($MK) can be bought today for $0.1667. 

Meme Kombat Taps Into Crypto’s Three Leading Trends: Meme Coins, Gaming, and Gambling

But Meme Kombat takes gaming a stage further by combining it with gambling. As such, the project targets three of the most promising sectors in crypto: meme coins, gaming, and gambling.

The first of those, meme coins, is all about subjective elements that underpin viral potentiality and engagement that have to be at the core of building strong communities around coins – that’s where they derive their ultimate value. Gaming and gambling, on the other hand, are much more readily quantified. 

Gaming and gambling are huge growth sectors within and outside crypto. Furthermore, blockchain technology is at the leading edge of that expansion. 

For its part, Meme Kombat is innovating by using its Web3 architecture to create a platform where users place wagers on the outcome of provably random battles between meme characters.

This is a pathbreaking project that has no competitors. 

It will appeal to all meme coin lovers precisely because it incorporates all the most popular ones into its game ecosystem. Whether you are a fan of Pepe, Dogecoin, Shiba Inu, or others, you will find them represented in the Meme Kombat Arena. 

The project has been winning plaudits for its attractive artwork, showing what to expect in the gaming experience. 

With that in mind, you can join the $1,000 giveaway competition by submitting your meme battle designs for the chance to win. Hurry to enter because the competition closes on October 13th.

Time for some friendly competition 👊#MemeKombat doing a best meme contest & giveaway

🥇Top prize 600 USDT
🥈2nd place 300 USDT
🥉3rd place 100 USDT

Feel like joining in on the action? Check next post for details on how to participate 👇

— Meme Kombat (@Meme_Kombat) October 6, 2023

Stake in Meme Kombat’s Presale Today and Yield a 112% Annual Return

Unlike many meme coins such as Pepe, with Meme Kombat, you can stake-to-earn to lock in a passive income stream. 

Stakers earn an annual percentage yield (APY) of 112%. Such a high return is possible because the project has allocated 30% of the token supply to staking and battle rewards. 

Presale buyers can choose to stake their coins immediately and start earning now.

There is a staking dashboard to show the real-time number of staked coins in the pool launching soon. 

You can keep up with developments at Meme Kombat on X (formerly Twitter) and Telegram.

Season 1 Showcases Some of the Most Recognized Characters in the Meme Coin Realm

Meme Kombat’s Season 1 card packs will be available immediately after the presale is sold out and the project is launched. 

There are 11 meme characters you can battle with in Season 1: Milady, Baby Doge, Doge, Floki, Kishu, Mong, Pepe, Pepe2, Shiba, Sponge and Wojak.

Players bet on the meme characters and are rewarded with $MK tokens if they back the winners.

Blockchain comes into its own when it comes to gaming and gambling. On the gaming side, there is verifiable randomness, and for gambling, its trust and security features are also well suited to the platform’s requirements. 

Usually absent from most meme coin projects, in Meme Kombat’s a security audit of its smart contract has been carried out. Prospective buyers will be happy that the audit was passed with flying colors, with no major issues detected.

Season 2 meme character cards will be coming sometime in December 2023.

Altogether, 50% of the total token supply is sold in the presale, 30% for staking and battler rewards, 10% for community rewards, and 10% for decentralized exchange liquidity. 

The total token supply is 120,000,000. The price and token supply have been recently adjusted by a factor of 10, so the price has changed from $1.667 to $0.1667, and the token supply from 12 million to 120 million $MK.

As Marketing Intensifies, Meme Kombat Becomes Ubiquitous

Crypto media is full of Meme Kombat coverage. The innovative meme coin has been featured on leading crypto news sites, including FXStreet, Decrypt, Coincodex, Cointelegraph, and CryptoSlate. It is also attracting attention on game sites, with an article recently appearing in Game is Hard.

Crypto expert on YouTube Joe Parys, who has 382,000 subscribers, has selected Meme Kombat as one of his ‘top 5 meme crypto coins for 2024 and beyond’. 

Another YouTuber is well-respected crypto analyst Michael Wrubel, with 310,000 subscribers. He is just as bullish on Meme Kombat’s potential to carve out a valuable niche.

The Crypto Gains YouTube channel discusses the possibility of 10x gain from the $MK token presale.

Presale expert reviewer JacobCryptoBury has backed $MK for potential 100x returns.

Meme Kombat is also helped by being doxxed. Founder Matt Whiteman is the chief operations officer of Netherlands-based North Technologies, a successful NFT trading and analytics startup.

Whiteman’s footprint in the NFT space is thought to be helping Meme Kombat to garner traction in the Web3 venture sector.

Meme Kombat Compensates Users Based on Duration of Staking and Activity on the Platform

Meme Kombat makes staking and betting easy. Winners receive $MK tokens, plus the opportunity to win valuable prizes.

Stakers can withdraw their $MK tokens from the pool at the end of the presale, but the rewards earned will be forfeited. 

Those who stake today will be ready to start betting when the battling system goes live after the presale sells out. Only staked tokens can be used for wagering to encourage long-term commitment to the project. 

Also, in another big win for stakers, the rewards compound daily to magnify yield.

As the platform gains users, the value of the $MK token will rise, driven higher by its in-game usage. 

$MK Token Holders Stand to Benefit Greatly from the Stake-to-Bet Feature

Meme Kombat is at the center of the intersection of gaming and gambling in the cryptocurrency industry. 

By freeing up staked tokens for use as gambling chips, Meme Kombat allows network participants to earn from staking and simultaneously be afforded the opportunity to win at the battle arena.

This two-fold offering makes Meme Kombat such a lucrative and attractive value proposition.

Priced at $0.1667, Meme Kombat token can be purchased today with ETH, BNB, or USDT (ERC-20 and BEP-20 versions).

Gambling is a massive industry. Data compiled by Statista shows that the online gambling industry’s market size is $95 billion for 2023. 

Meme Kombat is well-positioned to take a big slice of the crypto gambling pie, so it is best not to delay too long before getting your stake.