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Reading: Degens’ Official Meme Coin for the 2024 Olympics Raises More Than $200k in Presale within a Few Days
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Gulf Press > Business > Crypto > Degens’ Official Meme Coin for the 2024 Olympics Raises More Than $200k in Presale within a Few Days
Crypto

Degens’ Official Meme Coin for the 2024 Olympics Raises More Than $200k in Presale within a Few Days

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Last updated: 2024/07/22 at 4:35 PM
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The 2024 Paris Olympics are set to begin this Friday, and alongside the traditional sporting events, a new crypto presale has captured the attention of savvy investors and meme coin enthusiasts. The Meme Games ($MGMES) is an Olympics-themed cryptocurrency that combines five popular meme coin projects into a unique purchase-and-play experience. Within minutes of its launch, Meme Games raised over $100k, and the total funds raised have since surpassed $210k. The global appeal of memes, combined with the excitement of the Olympics, has led the crypto community to hail $MGMES as the official meme coin of the 2024 Olympics.

How does The Meme Games work? Investors can purchase $MGMES tokens at a fixed presale price of $0.00905 for the next three days, allowing them to acquire 10,000 tokens for $90.50. The price will then incrementally increase to the next fixed presale price of $0.0091. Participants choose one of the five original crypto meme characters – Dogecoin, Pepe, DogWifHat, Brett, or Turbo – to represent them in the 169m sprint event. There is a 20% chance of winning a 25% bonus on the purchase, meaning that players have the opportunity to receive an additional 2,500 $MGMES moments after their initial purchase.

The Meme Games presale will run alongside the Paris Olympics, concluding on September 8th, and tokens will be available on decentralized exchanges starting September 10th. Investors can maximize their profit potential by staking their tokens during the presale, with an impressive annual percentage yield (APY) of 1,217% currently on offer. Staking is available on Ethereum, where The Meme Games smart contract has been audited for security. The project encourages investors to stake early and stake big to take advantage of the high rewards rate and maximize their earnings.

It is important to note that crypto investments are high-risk, and individuals should conduct their own research before participating in any presale or investment opportunity. The Meme Games offers a unique blend of competition, chance, and reward, making it an attractive option for those looking to engage in the excitement of the Olympics through the world of cryptocurrencies. For the latest updates on The Meme Games, interested individuals can follow the project on Twitter and Telegram and join the presale through the official website.

In conclusion, The Meme Games offers a creative and potentially lucrative opportunity for crypto enthusiasts to engage in a new form of Olympics-themed investment. With a unique combination of meme coins, staking opportunities, and high rewards rates, $MGMES is positioning itself as a standout player in the world of Web3 Olympics experiences. As the presale continues to attract interest and funds, investors are eager to see how The Meme Games will unfold alongside the 2024 Paris Olympics.

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News Room July 22, 2024
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