BONK, a meme coin on the Solana network, impacted the market with dramatic growth in November. BONK Coin’s meteoric rise has even overshadowed the performance of Solana’s SOL token and market giant Bitcoin. Moreover, the news of its listing on Binance increased the excitement even more.
According to CoinMarketCap data, BONK has achieved the highest gains among the top 100 meme coins in 2023, gaining over 4600 percent since its 2022 lows. BONK, which outperformed the entire crypto market and increased more than 30 times last month, reached its all-time high of $ 0.0000054 last Monday.
The token gained value again late Tuesday when Binance, the world’s largest crypto exchange, listed it for trading under the ticker symbol 1000BONK. BONK, like PEPE, is not yet listed for spot trading. But the announcement still caused this meme coin to surge 15 percent, significantly outperforming other dog-themed tokens like Dogecoin and Shiba Inu.
So why did Bonk suddenly show such an increase? At the beginning of November, developers introduced one-sided staking in Bonk liquidity pools. This allowed investors to earn an annual APY rate of approximately 25 percent in return for providing Bonk tokens to the Bonk platform.
The token’s partnership with Hxro Network also excited meme coin enthusiasts. To celebrate this partnership, Hxro announced that it will hold an airdrop for holders of a certain amount of BONK. Additionally, various CEX listings are also causing an increase. On Tuesday, BitMEX announced a BONK contract that allows investors to trade with up to 10x leverage.
Even if Bonk steps back, investors continue to look for high-potential meme coins that will continue to grow. According to crypto expert Crypto Tony, who has more than 350 thousand followers on X, buying Meme Kombat tokens could be a significant opportunity. Let’s take a closer look at the details of the MK coin.
Meme Kombat (MK) – Community Driven Meme Coin Excitement
Meme Kombat’s native token, MK, raised over $2 million in a period of one month. Considering this situation, the intense interest in the project is clearly evident. Its pre-sale continues at a price of just $0.214. According to most analysts, MK is among the meme coins worth taking a look at.
Similar to Bonk coin, Meme Kombat investors can stake their tokens starting from the pre-sale. This means they can start earning passive income immediately. The MK staking pool currently offers an APY of over 473 percent. This rate is well above the industry standard. According to the official website of the project, the rate of MK staked so far is 65 percent.
The staking mechanism with attractive rates is only part of the benefit of MK. The play-to-win platform will include the fight between the best meme coins where players can bet on their favorite champions.
There will be 11 characters on the platform in the first season, such as Doge, Shiba, Pepe and Floki. If the seasons continue, the number of characters entering may also increase. Artificial intelligence will be used in all wars to determine the outcome fairly. Artificial intelligence will randomly assign characters for battles.
In short, Meme Kombat offers investors a battlefield using artificial intelligence and blockchain technology. The platform offers a battle arena where meme avatars fight. MK tokens can be wagered on battles for extra rewards.
The Future of Meme Kombat: Powerful Roadmap
Meme Kombat is on pre-sale and they are targeting $10 million, and half of the 120 million total token supply, i.e. 60 million, is offered to investors who want to buy Meme Kombat tokens in the pre-sale. The rest will be used for staking, battle rewards, community benefits, and DEX allocation.
Considering the significant stake distributions and high APY, Meme Kombat is a major player for 2024. stake and earn It may be a coin. Additionally, betting on battles and the resulting meme coin appeal can provide significant long-term potential. The road map is planned as follows:
- Platform Launch – (October/November 2023) – Meme Kombat platform battles will begin with staking and other features going live.
- Meme Kombat season 1– The first season of Meme Kombat begins immediately after launch.
- Meme Kombat Season 2 – Meme Kombat season 2 will include new games, characters, rewards and opportunities.
Additionally, the Meme Kombat smart contract was audited by Coinsult and revealed no significant security vulnerabilities or centralization risks. The contract owner cannot engage in unethical activities such as blacklisting addresses, printing new money, or pausing the contract.
For those still wondering which new meme project to invest in, purchasing Meme Kombat tokens could be a noteworthy choice. This project could be privileged with its limited supply of tokens, which could be great for future demand.
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