A new meme coin is posing a challenge to Pepe Coin, which was one of the biggest triumphs on the cryptocurrency market in 2023.
Pepe Coin, which debuted in April, stunned the cryptocurrency community with its rapid expansion. The token’s price increased by 1,300% in just two days, resulting in an astounding $500 million in daily trading volume. The market capitalization of Pepe Coin surpassed $1.6 billion in less than three weeks.2
Following in the footsteps of industry titans like Dogecoin and Shiba Inu, PEPE was authoring a new chapter in the history of meme currencies with a total supply of 420.69 trillion coins (the meaning of these figures should be self-evident to every 13-year-old).
Crypto’s Rise: Is Meme Kombat the Next Big Thing?,Crypto’s Rise: Is Meme Kombat the Next Big Thing?
As Meme Kombat (MK) hits the stage and prepares to become the next meme coin sensation, it appears that the moment has come to give the mantle to the younger generation. Here’s what Joe Parys, a well-known YouTube crypto analyst and cryptocurrency specialist, had to say when we asked him to weigh in on whether Meme Kombat may eventually replace Pepe Coin.
The New Generation of Meme Coins
Pepe Coin demonstrated that meme coins are still capable of upending the market with its catchphrase, “Make Memecoins Great Again,” which parodies Donald Trump’s campaign slogan.
The phenomenal rise of well-liked PEPE proved that there is still a market for well-thought-out meme coins, in spite of those critics who argue the days of meme power are over.
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The meme has a long journey, inspired by the Pepe Frog character created by cartoonist Matt Furie for his webcomic Boy’s Club. Pepe was taken up by the alt-right and other radical groups; the Anti-Defamation League even labelled him as a symbol of hate speech. Its controversy was the primary factor in the Pepe Coin developers’ decision to use it as their token, and it turned out to be a wise choice.
PEPE is currently only a ghost of its former self. At $0.0000007283, the coin has a market capitalization of little more than $285 million. Meme Kombat is a serious competitor to take the title of “king of meme coins,” yet after several tries, we have yet to see a new token that would make that claim.
Investors are rushing to purchase as many MK tokens as they can during the presale, knowing full well that the new cryptocurrency project and its native token have enormous potential. Every indication points to the token’s meteoric rise when the presale concludes and it begins to trade on cryptocurrency platforms.
Is Meme Kombat the Pepe Coin of the Future?
Crypto specialist Joe Parys said that Meme Kombat is among the “Top 5 meme crypto coins for 2024 and beyond” on his YouTube channel, Joe Parys Crypto, which has over 380,000 followers. Meme Kombat is one of the most promising tokens available right now because of its special combination of meme potential, intriguing Play2Earn mechanisms, betting, and staking.
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The Meme Kombat Pre-Sale is Underway
The Meme Kombat presale generated $100,000 in funding in a matter of hours. This is a potent illustration of the concept’s widespread acceptance and a forceful testimonial to its popularity. The involvement of a few cryptocurrency whales, who made sizable purchases during the first few days of the presale, is especially noteworthy.
Crypto’s Rise: Is Meme Kombat the Next Big Thing?,Crypto’s Rise: Is Meme Kombat the Next Big Thing?,Crypto’s Rise: Is Meme Kombat the Next Big Thing?