Jupiter coin, which was listed on the crypto giant Binance exchange last week, has almost hit the bottom with the decline it has experienced in the last month.
JUP coin, the native token of the Jupiter platform built on the Solana blockchain, has fallen more than 60 percent in the last 30 days.
JUP coin, a payment and incentive tool that allows users to make various transactions on the Jupiter platform, has decreased by 63.35 percent in the last 30 days, according to CoinMarketCap data. Despite the Binance listing, which took place 8 days ago, it was observed that the decline in the token price continued in the last week. The loss in JUP coin was measured as 20.69 percent in the last 7 days.
There has been a very new development regarding the Jupiter coin. In the announcement made on February 7, it was stated that the liquidity pool for JUP coin would be removed and the timeline was set as 24 hours. While this decision is important for JUP investors, it was stated that the dynamics of the coin’s presence in the market may be affected.
The decision to remove the JUP liquidity pool directly affects the market availability and fungibility of the token. Removing the pool creates a need for adjustments for market participants.
The latest developments regarding the JUP coin and the decline in the last 30 days direct whales to new projects. Meme Kombat, one of the meme coin projects that made a rapid entry into the crypto arena, manages to attract attention with its success in pre-sales.
Meme Kombat Runs for $9 Million
Pre-sale at discounted prices Purchasing Meme Kombat tokens Meme Kombat, which offers the opportunity, is appreciated by investors. The project, which takes the strengths of meme coin projects such as DOGE, FLOKI, PEPE and SHIB, is running for 9 million dollars.
Unlike popular meme coins, Meme Kombat token also has a function. Unlike joke-themed tokens, MK token offers its owners many opportunities, from gaming to staking.
Meme Kombat combines wargaming, meme coins, artificial intelligence and blockchain technology. Meme Kombat Arena, which is at the center of the project, allows participants to compete with the meme characters they choose. Players have the opportunity to fight against each other or the computer.
The funds collected in the project, which continues its gradual pre-sale activity, exceeds 8.3 million dollars. In the pre-sale, which is rapidly advancing towards 9 million dollars, the Meme Kombat team aims to raise a total of 10 million dollars.
The project team continues to stay in touch with the community thanks to its detailed road map and attaches great importance to transparency and accessibility. Smart contract audits of the project are carried out by Coinsult.
Artificial Intelligence and Competition Come Together with Meme Kombat Arena
Meme Kombat Arena offers various earning channels to its participants with passive staking and active betting options. There are 11 meme characters in the first season of the battle platform. Participants compete to be the most liked meme by choosing the character that represents them.
Meme Kombat Arena players can earn money if they predict the game results. Participants decide the next seasons of the project, which aims to be a decentralized platform.
To place bets and determine the future of the platform, participants must have MK tokens. Investors can participate in discounted pre-sales Meme Kombat token purchase can do it. Participants also have the opportunity to earn passive income by staking these tokens if they wish.
The first season of Meme Kombat Arena begins after the launch of the platform. In addition to battles, the first season is planned to include leaderboards and a number of features that provide participation incentives.
Meme Kombat Token Pre-Sale Continues
Meme Kombat, an Ethereum-based ERC-20 token, meets investors with a phased pre-sale event. The MK token price, which is $ 0.183 in the first stage, increases to $ 0.279 in the last stage.
The gradual price increase policy allows early investors to potentially gain more. With pre-sale event Meme Kombat token purchaser Participants are preparing for the possible rally that will occur after stock market listings.
MK token has a total supply of 120 million tokens. Half of this supply is allocated to the pre-sale event, 30 percent to the staking mechanism, 10 percent to DEX liquidity, and the remaining 10 percent to community rewards.
The project team enables participants to earn passive income by enabling the staking feature before the pre-sale ends. According to the staking panel, the number of MK tokens staked so far exceeds 35 million.
The annual return percentage for the project’s staking mechanism sits at 112 percent at its current rate. While the number of participants staking MK tokens exceeds 11 thousand, the total rewards paid exceed 7.7 million in MK tokens.
Designed for game enthusiasts, the artificial intelligence-supported Meme Kombat project awaits those who are interested in meme coins and looking for coins that are expected to rise in the short term. Participants can use ETH and USDT to purchase Meme Kombat tokens. If participants wish, they can also purchase Meme Kombat tokens via Binance Smart Chain.
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