Why Meme Kombat may be the Best Meme Coin to buy in 2023

2023 is turning out to be the year of presales with up to 5 pre-ICO projects taking the internet by storm.

Meme Kombat is emerging as the biggest success story with its explosive presale. The project made headlines globally after raising more than $100,000 within the first hour of launch. 

Its presale tracking page shows that it has already raised more than $6 million in the last 2 weeks. This translates to 60% of its presale goal of $10 million. The presale is expected to end in less than two weeks.

Transactions within the Meme Kombat ecosystem happen through its ERC-20 $MKT token. The token has gained significantly in the last two weeks to trade at $0.005. According to the project’s white paper, the token will rise by 112% by the end of the presale.

Surprisingly, analysts predict that the token will record the best gains after the highly anticipated ICO.

Some believe that $MKT will follow in the footsteps of popular meme coins to record astronomical gains in the next six months.

If their projections come true, $MKT will gain by 20000% to hit $1 by May 2024. Such gains could turn a modest investment of $1000 to $200,000. These projections may seem far-fetched but they aren’t impossible with crypto.

For example, Ethereum gained from $0.3 in 2017 to in 2021 $4500. Anyone who invested as little as $500 during the ETH presale became a millionaire within three years.

The same case applies to popular meme coins such as DOGE and SHIB. DOGE holds the record for the steepest gains ever made in crypto. The meme coin gained a staggering 12000% between January and July 2021.

Shiba Inu has also gained by 15000% in the last two years. Most altcoins gain the most immediately after their ICO. As a crypto investor, you should get in the game early and exit before the bubble bursts.

The Meme Kombat boom could last for years since it has come at a time when a massive crypto rally is expected.

Meme Kombat has entered the market at a time when analysts are predicting a massive crypto boom. The crypto industry has performed poorly since early 2022 thanks to the worsening stagflation among other global macroeconomic factors.

But inflation is dwindling and the global economy is recovering fast. Investors are now divesting from safe-haven assets and investing in high-risk financial products.

Crypto is attracting massive investments as many countries strive towards making it mainstream. Analysts believe that the crypto industry is about to explode with popular digital currencies such as Bitcoin recording mouthwatering gains.

Meme Kombat ($MKT) will reap big in this rally thanks to its innovative solutions and its widespread popularity.

Meme Kombat is a fast-rising blockchain-based gaming platform. Gamers can purchase the $MKT token on the platform and use it to wager on its automated and AI-powered battling characters.

The gamers who predict correctly receive various rewards including $MKT tokens. Gamers can also choose to stake their $MKT tokens to support the Meme Kombat blockchain.

In staking, the investor locks in their tokens to be used to verify transactions in a proof of stake consensus. The investor earns more tokens in return for staking their cryptocurrency.

$MKT has value outside the Meme Kombat ecosystem since it can be traded against other digital currencies. The digital currency will be available on leading listing platforms immediately after the ICO.

Amazingly, $MKT has already gone viral despite being in the presale stage. The experts rank it among the trending Reddit presales today.

Reddit is a key driver of volatility across asset classes. Meme coins such as DOGE couldn’t be where they are today without the Reddit community.

In 2021, Dogecoin gained by 800% within hours thanks to a Subreddit asking its community to make it the crypto GME. GameStop (GME) is a gaming company stock that gained rapidly in 2021 thanks to a Reddit forum known as Wall Street Bets encouraging investors to buy it.

DogeCoin Wikipedia page attributes its fast growth to its Reddit forums. The digital currency has many Subreddits on the platform and millions of followers. Most of its booms and busts have been triggered by these forums.

Meme Kombat is likely to become the hottest crypto on Reddit if its popularity keeps growing at the current pace. As mentioned earlier, its presale is already a huge success thanks to its Reddit forums.

There is a huge possibility that its popularity will go through the roof after the ICO. This explosive popularity is expected to propel the price of $MKT to $1 by May 2024. You need to buy now to get the best returns since its price explosion could begin any day from now.

Buying the $MKT token only happens through the official Meme Kombat website. The platform allows you to purchase the tokens via ETH, USDT, or debit and credit card. You can earn additional tokens by staking your $MKT tokens on the platform’s blockchain.