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Meme Kombat Public Presale for $MK Token Gathers Momentum, Crosses $60K

Michael Abadha Blockchain market writer
    Summary:
  • Meme Kombat merges the popularity of memes and the power of blockchain, enabling staking and fun gaming on a single platform.

Meme Kombat, a new stake-to-earn gaming token, launched the presale for its $MK token on Thursday, September 21st. You can purchase $MK tokens on memekombat.io for $1.667 with ETH, USDT, or BNB, and save your tokens with a variety of wallets such as MetaMask, Trust Wallet, Coinbase Wallet, OKX Wallet, Ledger Live, Rainbow Wallet, and many others that employ the WalletConnect protocol.

Meme Kombat’s goal is to provide players with a one-of-a-kind and exciting gaming experience by utilising state-of-the-art technology and the decentralised power of the Ethereum network. The project whitepaper shows that it has set its focus on becoming the go-to platform for online gaming that merges the exciting world of memes and the rivalry-filled thrill of battle arenas.

A look at the Meme Kombat ecosystem

Meme Kombat gives a new life to popular internet memes, such as Pepe the Frog and Wojak, using AI, which enables them to engage in battle in the ecosystem for a chance to earn $MK. Players can stake and wager tokens on the results of battles, creating a play-to-earn dynamic and the potential for yield farms to generate passive money.

Token buyers can begin staking their tokens during the presale period at an APY rate of 112%. The new cryptocurrency has already raised almost $60,000 thanks to its high APY and P2E utility, which has helped it acquire acceptance in the crypto news media and the Web3 arena.

What’s next?

There is a $1 million soft cap and a $10 million hard cap for the Meme Kombat presale. Furthermore, 12 million $MK tokens are available in total, with half going to the presale, 30% to staking and fight awards, 10% for additional community rewards, and another 10% to locked DEX liquidity.

As soon as the presale concludes, Season 1 of the project will be launched and the real fun can begin for players. In Season 1, players can place bets on one of 11 unique meme characters by backing the favourite or playing the odds, respectively. Season 2 is scheduled to premiere in December of 2023.

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