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Could This New Meme Coin Be The Next Shiba Inu After Raising $2.1 Million

Could This New Meme Coin Be The Next Shiba Inu After Raising $2.1 Million

Shiba Inu, the second-largest meme coin on the crypto market, is primed for one more explosive rally throughout the subsequent crypto bull market. $SHIB was among the best performers over the last bull run, reaching its all-time excessive of $0.000086 within the October of 2021, simply 14 months after its launch.

Specialists similar to @army_shiba, who has near 400ok followers on X, imagine that Shiba Inu will flip Dogecoin throughout the subsequent bull cycle, because of its wide-range of utility.

Nevertheless, smart-money merchants are now not tunnel-visioned on high tokens like Doge and Shib, believing that newer meme cash with excessive utility might additionally emerge as glorious funding alternatives. As an illustration, Crypto Tony, who has over 350ok followers on X, believes that Meme Kombat – a brand new play-to-earn token – additionally has sturdy worth potential and will generate important returns after its launch.

He’s additionally not the one one – the admin of the Crypto Whale Pumps channel on Telegram, which has over 25ok subscribers – has made a large funding into $MK. This admin, who’s a crypto whale himself, has a knack of choosing out money-making gems early and he believes that Meme Kombat might be that subsequent large alternative.

Due to such monetary endorsements, Meme Kombat has raised over $2.1 million in its ICO in simply over a month.

Why Specialists Are Bullish On Shiba Inu and How Meme Kombat Might Shock The Crypto Market?

Shib is at the moment 90% under its all-time excessive – but, consultants stay optimistic that the token would simply surpass this mark and create a brand new excessive, because of the fast innovation within the Shiba Inu ecosystem.

Shibarium – Shiba Inu’s layer-2 scaling community – was launched in August of this yr, which led to a considerable enhance in $SHIB’s worth. Nevertheless, the launch came about throughout bearish situations, when the crypto market was affected by a liquidity crunch.

Due to this fact, as Shibarium continues to hit milestones, $SHIB might see extra sturdy upside strikes within the coming months. As such, the layer-2 community is experiencing more and more greater person adoption, with its each day transactions rely surging by 50% yesterday. The overall variety of transactions on Shibarium have now surpassed four million.

Additionally it is not the one cutting-edge know-how that the Shib military is hype over. Final week, the ShibariumID beta went stay, which led to a different surge within the token’s worth. ShibaSwap 2.0, Shiba Hub and an immersive metaverse are another thrilling upcoming developments.

Shiba Inu shouldn’t be the one token that’s launching new utilities to take away its meme coin tag. Tokens similar to Floki and Bonk have additionally added real-world use instances and have been rewarded by a powerful bull rally.

Meme Kombat has additionally absolutely embraced this development. The mission will launch a play-to-earn platform that can facilitate thrilling fight between high meme cash. It should encompass 11 fictional characters – every of which is able to characterize a well-liked token similar to Doge, Shiba, Pepe, Floki, and so on.

These characters will have interaction in AI-simulated battles, permitting the customers to guess on the result of the sport. They’ll get pleasure from various betting alternatives in numerous modes similar to participant vs participant, participant vs recreation and direct betting.

How Meme Kombat Solves The Rampant Safety Dangers In The Meme Coin Market?

Buyers are sometimes hesitant of investing in new meme cash because of the worry of scams or rug pulls. Even high tokens similar to Pepe coin carry these dangers – as an illustration, again in August, $PEPE devs bought $15.eight million price of their tokens, main to an enormous crash in its worth.

To achieve the belief of the neighborhood, the Meme Kombat mission has revealed the identification of all staff members behind the token, together with its founder Matt Whiteman. This fosters belief within the minds of traders, contemplating that they will now maintain the builders accountable for any wrongdoing.

Moreover, Meme Kombat incentivizes traders to carry their tokens for longer durations by its staking program, which eliminates the chance of pump and dump worth motion. The $MK staking pool is at the moment providing an APY of 443%, which is considerably greater than the trade normal 5 to 7%.

So as to add an additional layer of safety, there will probably be a compulsory lock-in interval of 10 days for all staked tokens, which rewards the long-term holders whereas stopping any worth manipulation by the whales.

Lastly, the token sensible contract has been audited by Coinsult, which didn’t reveal any main vulnerability or centralization dangers. As an illustration, the proprietor of the contract can’t mint new tokens, blacklist addresses or pause the contract.

Meme Kombat Presale

As beforehand talked about, the Meme Kombat token is at the moment in its presale section, the place it has already surpassed the $2 million milestone. consumers should buy the token by swapping ETH, BNB or USDT tokens.

Nevertheless, they should act rapidly because the presale is designed to reward early consumers. The worth of the token is ready to go up upon the completion of each stage of the presale. As an illustration, $MK is at the moment accessible at $0.214 – nevertheless, in simply 5 days time, it is going to be priced at $0.225, representing a rise of 5%.

Moreover, the staking APY will proceed to lower as extra traders stake their tokens.

Go to Meme Kombat Presale

 

 

 

author-Orbit Brain
Orbit Brain
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