Olympics-themed meme coins like Caitlyn Jenner’s MEDAL and The Meme Games (MGMES) aim to capitalise on Paris 2024 hype for potential crypto gains.
As the Paris 2024 Olympics captivate audiences worldwide, investors in the cryptocurrency space are turning their attention to Olympics-themed meme coins that promise significant returns.
Two standout contenders have emerged, capturing the imagination and wallets of crypto enthusiasts: Caitlyn Jenner’s MEDAL token and The Meme Games (MGMES).
Both coins offer unique takes on combining sports themes with blockchain technology, presenting intriguing investment opportunities in a market driven by Olympic fever.
Caitlyn Jenner’s MEDAL Token: Bridging Sports Legacy and Blockchain
Caitlyn Jenner, the former Olympic gold medallist and media personality, has launched the 1976 Medal (MEDAL) token, a project that merges sports history with the latest blockchain advancements.
This initiative symbolises a fractional share in the value of Jenner’s iconic 1976 Olympic gold medal, though it does not grant physical ownership. Instead, the tokens offer a unique investment opportunity, engaging a community eager to participate in a blend of real-world assets (RWAs) and digital currency.
From Olympic Gold to Digital Gold
The MEDAL token, hosted on the Base blockchain, represents Jenner’s latest foray into cryptocurrency following the launch of her previous meme coin, JENNER, on the Solana blockchain.
The MEDAL token is linked to verifiable metadata of Jenner’s gold medal, with ownership confirmed by a legally binding contract stored on the InterPlanetary File System (IPFS). This setup allows the medal’s fractionalisation into ERC-20 tokens stored in a “Token Vault.”
The Meme Games: Merging Memes and Sports for Explosive Potential
While Jenner’s MEDAL token draws on a historical sporting legacy, The Meme Games (MGMES) leverages the excitement of current sports events, particularly the Olympics, to create a buzzworthy investment opportunity.
The Meme Games combines the fun of meme culture with the thrill of sports betting, offering investors and enthusiasts a novel way to engage with the crypto market.
The Meme Games has captured the attention of investors by creating a unique platform where meme characters compete in virtual races. Participants can invest in these races by choosing a meme “athlete” they believe will win, with winners selected using blockchain technology for fairness and transparency.
Successful backers earn a 25% bonus on their initial investment, combining entertainment with potential financial rewards.
This concept taps into the Olympic hype, providing a fresh take on meme coins that has resonated with a broad audience. With the Olympics in full swing, The Meme Games is well-positioned to capitalise on the excitement surrounding the global event.
Presale Success and Market Momentum
The presale for MGMES has gained considerable traction, closing in on the $350,000 milestone as more investors flock to the project. Tokens are currently available at $0.0092 each, with the price set to increase as the presale progresses.
The development team has facilitated participation by accepting a wide range of payment methods, including ETH, BNB, USDT and credit/debit cards.
The presale is set to conclude on September 8th, with a planned listing on decentralised exchanges (DEXs) slated for September 10th. To ensure smooth trading, 10% of the total token supply has been earmarked for liquidity, signalling the team’s readiness for post-presale activities.
Analyst Endorsements and Community Buzz
The excitement surrounding The Meme Games is not limited to investors; it has also caught the attention of key analysts in the crypto space. Analysts at 99Bitcoins have speculated that MGMES could “100x” following its market debut, contributing to the project’s growing momentum.
This sentiment is echoed in the project’s active Telegram community, where anticipation for the upcoming DEX listing is palpable.
A Solid Foundation for Future Growth
The project has secured a SolidProof audit, offering additional assurance to investors regarding the security and legitimacy of its operations. Additionally, the MGMES staking app provides holders with an impressive 624% annual yield, attracting long-term investors who see potential in the project’s growth trajectory.
The developers have also allocated substantial resources for ongoing development and marketing, with 15% of the token supply dedicated to marketing efforts and 17.7% reserved for project funds. This commitment to sustained growth positions The Meme Games as a meme coin with long-term viability.
INVEST IN $MGMES EARLY BEFORE IT BECOMES NEXT 100X CRYPTO
Both Caitlyn Jenner’s MEDAL token and The Meme Games offer distinct approaches to capitalising on the Olympics hype within the crypto market. Jenner’s MEDAL token bridges the past and present by linking a historic sports achievement to blockchain technology, appealing to investors who value tangible connections to real-world assets.
In contrast, The Meme Games captures the excitement of the current sports climate by combining meme culture with sports betting, providing a dynamic platform for entertainment and investment.
For those looking to explore these investment opportunities, The Meme Games presale presents unique entry points into the landscape of meme coins. With the Paris 2024 Olympics serving as a backdrop, now is the time to consider the potential returns this innovative project may offer.