The Meme Games ($MGMES) Meme Coin Review & Analysis: MGMES Launches Its DEX Debut On September 10

Last updated:09/03/2024
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Amid the competitive crypto landscape, a new meme coin called The Meme Games ($MGMES) has hit the ground running, rising in an impressive $296,192.21 from smart investors looking to capitalize on growing Olympics fever in a week since its launch. As meme coins steal the spotlight once more in the crypto world and the Olympic Games gather pace and intrigue, Olympic-themed cryptos like The Meme Games might be the next big meme coin to explode.

Notably, The Meme Games is schedule to close its presale on 8 September, coinciding with the last day of the Paralympics in Paris, before token claim and launch on DEXs on 10 September. Then, what is The Meme Games ($MGMES)? Is it a good investment in 2024? Next, let’s take a close look at this meme coin project.


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Table of Contents

What is The Meme Games ($MGMES)?

The Meme Games ($MGMES) Key Features

$MGMES Tokenomics

The Meme Games ($MGMES) Roadmap

$MGMES Staking

The Meme Games ($MGMES) Presale

Is The Meme Games a Good Investment in 2024?

How to Buy $MGMES?

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What is The Meme Games ($MGMES)?

The Meme Games ($MGMES) is officially designated as the meme coin of the 2024 Olympic Games in Paris, similar to Dogecoin’s sponsorship of the Jamaican bobsled team at the 2014 Winter Olympics in Sochi, which pushed DOGE into stardom. The Meme Games blends the gaming success essentials of jeopardy, excitement, competition, rewards and the element of chance.

The Meme Games ($MGMES) targets to become a cornerstone of meme coin culture and competition,offering both entertainment and substantial rewards to its participants. By tapping into the worldwide excitement surrounding the2024 Olympic Games,this meme coin aim to foster a sense of unity and enthusiasm within the crypto community.

The Meme Games is not just another meme coin; it represents the culmination of the meme coin community’s ability to make a global impact. As the official meme coin of the 2024 Olympics, $MGMES is poised to leave a lasting mark on the crypto landscape, just as Dogecoin did nearly a decade ago.

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The Meme Games ($MGMES) Key Features

Olympic-inspired competition: just like the Olympic game, The Meme Games ($MGMES) brings together participants from around the world to compete in a series of exciting events.

Five meme athletes:select from five iconic meme characters-dogecoin, pepe, dogwifhat,brett, and turbo. Each character brings their unique charm and charisma to the competition, making every event a thrilling spectacle.

Presale and participation: to join The Meme Games, participants must buy $MGMES tokens during the presale. The more times you buy tokens, the higher your chances of winning after purchasing.

Token bonuses: winning in The Meme Games comes with significant rewards. If your chosen meme athlete triumphs,you’ll earn a 25% bonus on the $MGMES tokens you bought in the presale.

$MGMES Tokenomics

$MGMES is the official token of The Meme Games and its tokenomics are designed to sustain the Gamification mechanism of the presale and generate are warding ecosystem for The Meme Games participants.

With a total supply capped at 2.024 billion tokens, the presale phase aims to raise funds within defined soft and hard cap limits. With a clear allocation strategy for The Meme Games rewards extensive marketing, community incentives liquidity provision, and more, this meticulous planning ensures the project’s long-term viability and value to token holders

Detail token distribution information can be seen as below chart:

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The Meme Games ($MGMES) Roadmap

In terms of The Meme Games ($MGMES) Roadmap, it includes three phases, detail information about each phase can be seen as below chart:

PHASE1: CONCEPT AND DEVELOPMENT PHASE 2: PRESALE AND COMMUNITYBUILDING PHASE 3: THE Meme Games LAUNCH
  • Ideation and whitepaper creation
  • Development of the $MGMES token and bonus smart contract
  • Soft launch of the official website and social media channels

 

  • Announcement of presale dates
  • Presale launch ceremony
  • Community engagement: AMAS, social media campaigns, collaborations
  • Presale launch and token distribution

 

  • The Meme Games closing ceremony
  • Official $MGMES token launch and claim
  • DEX listings
  • CoinMarketCap and coinGecko listings

 

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$MGMES Staking

Notably, as $MGMES is an Ethereum-compliant asset, so the staking is made available on the Ethereum chain.  The Meme Games rewards its community through a staking feature. At the time of writing, $MGMES stakers can earn 470% annual return. That means investors could more-or-less double their initial MGMES bag by the time the presale closes in September.

 

In addition, users who win in events are also capable of staking their winnings for additional rewards, further boosting their $MGMES holdings.

Over 21 million $MGMES tokens have been staked so far, indicating the strong investor confidence in Meme Games’ potential within the crypto landscape.

$MGMES rewards are emitted at a rate of 38.5 $MGMES per ETH block and will be distributed to stakers over two years.

If investors choose to stake their tokens, investors will face a brief seven-day lockup period following the exchange launch, while non-stakers will have immediate access to their tokens.

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The Meme Games ($MGMES) Presale

Currently, The Meme Games ($MGMES) is under its presale stage. Notably, The Meme Games ($MGMES) has hit the ground running, rising in an impressive $409,057.6 so far.

 

At present, the $MGMES token can be grabbed for a one-time cheap price of $0.0094 and this could be the lowest price that it ever trades, so there is no time to lose to get in before the sprint to the finish.

The Meme Games will conclude its presale on 8 September, coinciding with the last day of the Paralympics in Paris, before token claim and launch on DEXs on 10 September.

Once the token gets listed on decentralized exchanges, the price is expected to explode. By aligning itself with the most global event of summer 2024 and leveraging the viral potential of meme coins, The Meme Games is well-positioned for success.

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Is The Meme Games a Good Investment in 2024?

The Meme Games is not just another meme coin; it represents the culmination of the meme coin community’s ability to make a global impact. Combining hilarious memes with innovative tokenomics, The Meme Games takes the concept of meme coins to new heights. Given the continuing afterglow of the buzz around the Olympics and Paralympics and the prospect of an expanding portfolio of games, it is widely expected that the potential for $MGMES to explode is immense.

As the official meme coin of the 2024 Olympics, $MGMES is poised to leave a lasting mark on the crypto landscape, just as Dogecoin did nearly a decade ago. Besides, the value of $MGMES is predicted to appreciate sharply upon its launch on decentralized exchanges on 10 September due to its gamification approach, which brings a new twist to meme coins.

However, crypto landscape is quite volatile. Can The Meme Games ascend to the top 3 in 2024 and become the next 100X crypto? It remains to be seen. All investors are advised to do enough homework and stay with great caution before making any decision regarding The Meme Game.

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How to Buy $MGMES? 

The Meme Games is open to all memes, nations, and major currencies. If you are interested in this meme coin, here is a more detailed guide on how to buy $MGMES tokens and participate in The Meme Games:

Step 1: Install a self-custody, Ethereum-compatible crypto wallet such as Best Wallet or MetaMask. Fund this wallet with ETH, BNB, or USDT. You can buy crypto directly within these wallets, connect to a decentralized exchange (DEX) such as Uniswap and swap tokens, or send funds from another wallet or a centralized exchange (CEX) such as Coinbase.

Step 2: Find the Web3Payments widget at the top of The Meme Games home page and click ‘Buy Now’ to connect your wallet to the site. This will allow you to purchase tokens before choosing your athlete. Select the amount of ETH or other currency to swap for $MGMES tokens, and confirm the transaction in your wallet.

Step 3: Once your purchase is complete, you’ll have the chance to win a token bonus! Select the meme character athlete you want to compete in The Meme Games, then watch the event. If your athlete wins, you’ll earn a token bonus on top of your purchase! Play as many times as you want to increase your chances of winning a token bonus.

That’s all information about The Meme Games ($MGMES). If you want to know more information about The Meme Games ($MGMES) meme coin and other cryptocurrencies, please visit BTCC Academy.

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