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A decentralized platform with attractive reward mechanisms, Meme Kombat, has successfully raised an impressive $6.7 million in its $MK token presale.
The project has attracted constant attention in recent months. Besides being called a meme coin and its innovative utility in GambleFi, the main driver of its success lies in its attractive betting APY.
Meme Kombat’s path to sustainable token value
Meme Kombat stands out from the typical meme coins by offering an engaging combination of gameplay, stakes and betting options. While the project capitalizes on the infectious appeal of meme coins, it aims to cultivate the intrinsic value of the native token.
At its core, Meme Kombat introduces an AI-powered battle arena where meme characters participate in dynamic duels and battles. Users can stake $MK tokens to place bets on the outcomes of battles, and earn attractive rewards if their predictions prove correct.
The AI system ensures that the battles remain unpredictable, which increases the excitement of the gaming experience. Meme Kombat is built on the Ethereum blockchain and prioritizes security and transparency by taking advantage of the network’s strong features.
Holding $MK tokens gives users the opportunity to acquire different avatars, each equipped with different skills and fighting styles. The platform actively promotes token staking, a proven strategy in the crypto market for promoting long-term price stability.
Staking contributes to reduced circulating supply, promoting price growth through increased utility. The release of battle arenas will follow a seasonal format, giving developers plenty of time to introduce new battle scenarios and rewards.
Upon completion of pre-sales, the project will launch its battle arena, starting with Season 1 featuring 11 iconic meme characters.
Investors and crypto enthusiasts expect Season 1, post-token exchange listings, to support and boost the token’s price action. The buying and betting program during the pre-sale period further reinforces a stable price trajectory.
Watch the video above to see the latest Meme Kombat presale update and subscribe to his Youtube Channel for additional updates on crypto presales. Jacob Crypto Bury also runs a Discord community with 20,000 members. Within this community, users can access trading tips and stay informed about upcoming crypto presales.
Meme Kombat’s successful pre-sales surpass the $6.7 million milestone
Recognized as one of the best crypto presales in 2023, Meme Kombat has successfully secured over $6.7 million in funding since the start of the presale. Currently, each $MK token is valued at just $0.279. Despite being a meme coin, Meme Kombat stands out for having a low supply, capped at 120 million tokens.
The ongoing presale has allocated 50% (60 million tokens) of the total supply to the community, highlighting the community-centric approach by making 100% of the token supply available to the public. Potential investors can visit our guide on buying Meme Kombat Token here.
In a strategic move, 30% of the tokens will be earmarked for deployment and battle rewards, while another 10% will be reserved for community rewards, fueling content creation and community growth. The remaining tokens are allocated to the decentralized exchange (DEX).
With an ambitious goal to reach $10 million by the end of the presale, Meme Kombat emphasizes long-term token holding by introducing a staking mechanism. After listing on crypto exchanges, $MK holders can stake their tokens on the smart contract, earning rewards proportional to the amount staked.
Another milestone????
We’ve passed 9,000 $MK strikers and it doesn’t look like this will stop anytime soon⚔️ pic.twitter.com/oeMtmP7zjL
— Meme Kombat (@Meme_Kombat) January 13, 2024
The reward distribution in this dynamic staking mechanism is directly correlated with the number of tokens staked. The greater the number of tokens you allocate to the stake pool, the higher your returns will be.
Exclusive Annual Percentage Yields (APYs) are being extended to presale investors, and will be automatically applied when $MK tokens are acquired during the presale.
Currently, it boasts an APY of 139% and over 24 million $MK tokens have already been staked. Investors are encouraged to redeploy their holdings at least once after the pre-sale to continue benefiting from the pre-sale APYs.
Meme Kombat’s remarkably short 14-day lock-up period further adds to the potential for a price surge, driven by increasingly limited circulating supply as more investors choose to lock up their tokens. Visit memekombat.io to participate in the $MK presale.
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