The Pepe Coin ($PEPE) made headlines last year with its multiple bull runs, and it looks like it decided to reignite that old spark in early 2024 as well.
For $PEPE holders, the news of the Bitcoin ETF approval came in at just the right time as it prompted the popular meme coin into a 7% surge in the last y days.
But guess what – PEPE isn’t even the best meme coin investment right now.
Instead, if you’re looking for profits in the 50x-100x range, the best meme coins you can get right now are Sponge V2 ($SPONGE) and Meme Kombat ($MK).
What is the hype about these tokens? Let’s check it out.
Bitcoin ETF Approval Prompts Pepe Price Surge – But $SPONGE and $MK Could Outperform it in the Following Weeks
Pepe (PEPE), the token inspired by a well-known internet frog meme, witnessed a notable 7% increase in value over the last 7 days.
This surge is reflective of a larger trend among meme coins, which have been gaining momentum following the historic approval of the first Bitcoin ETF in the United States.
This significant development came as the U.S. Securities and Exchange Commission (SEC) greenlit the launch of several exchange-traded funds (ETFs) tied to Bitcoin.
This decision marks a pivotal moment for the crypto industry, which has been aspiring to introduce such a product for over ten years. Notable financial players like ARK Investments, BlackRock, and Fidelity received the nod from the SEC for their applications.
Crypto experts forecast a potential upward trend for PEPE in the following days as well – but it doesn’t compare to what Sponge V2 and Meme Kombat are bringing to the table.
These two presale meme coins have the chance to disrupt their industries, and below, we’ll see why this is the case.
Sponge V2 Is Upgrading Its Original $SPONGE Token With New Features and Could Easily Reignite the “Profit Run” From 2023
Sponge V2 marks a new step for the original $SPONGE meme coin, as its upgraded version is all about boosting its utility and offering more rewards.
It operates on a Stake-to-Bridge system, enabling users to seamlessly upgrade from Sponge V1 to V2 by staking their existing tokens. Adding to its appeal, SPONGE V2 is set to introduce a Play-to-Earn (P2E) game, providing an avenue for users to earn extra $SPONGE tokens.
This strategy is expected to increase the demand for $SPONGE, as players will need the tokens to access the game. In the long term, this game aims to sustain demand for $SPONGE and engage the community, reducing the likelihood of token selling.
To incentivize the transition to V2 and attract new participants to its launch, the SPONGE initiative is presenting a limited-time offer: a 100% bonus in V2 tokens for those purchasing $SPONGE V1 and staking them for the V2 bridge. Investors will be able to claim these V2 tokens following the launch of the new coin.
Investment strategies in SPONGE V2 vary, including purchasing and staking V1 tokens or directly swapping them for V2 tokens.
Given the original $SPONGE’s 100x growth in 2023, some analysts are optimistic about SPONGE V2 potentially surpassing this achievement.
Notably, the team is actively pursuing listings on major exchanges like Binance and OKX. A spot on Binance, the largest crypto exchange globally, could significantly boost the token’s value.
Meme Kombat ($MK) Is Taking the Throne as the Ultimate Meme Coin Project of the Year Due to P2E Features, a Battle Arena, and Real-World Utility
Meme Kombat is a Web3-based meme cryptocurrency that combines the thrill of betting with a focus on top-tier gameplay, trust, and transparency.
While it’s a P2E game at its core, it’s also gaining recognition as a leading meme coin project.
The game offers diverse betting options, including player-versus-player and advanced player-versus-computer modes. These modes are designed with traditional betting principles, ensuring fair outcomes for all users.
Meme Kombat’s first season will feature 11 beloved meme characters for users to bet on, with a second season introducing new characters and gameplay elements soon after. The platform is planning continuous development and new game modes.
At the heart of Meme Kombat is the $MK token, which is used for betting, staking, and other activities on the platform. The demand for the platform directly influences the demand for $MK.
One of Meme Kombat’s standout features is its high-yield staking mechanism, offering a 477% Annual Percentage Yield (APY).
This rate significantly surpasses market averages, such as Ethereum’s 4% APY, contributing to the project’s early presale success.
The high staking rewards have a strategic role in the platform’s economy, locking up a substantial portion of the circulating supply in staking contracts, thereby influencing supply and demand favorably.
The project’s presale is capped at $10 million, with a total of 120 million tokens. Half of these tokens are allocated for the presale, while 30% are reserved for staking rewards, 10% for exchange liquidity, and 10% for community incentives.
Shiba Inu’s New “Shibarium” Feature Could Help it Join the Bull Momentum
Originally, Dogecoin led the way in meme coins, but Shiba Inu is still a strong competitor as one of the world’s most popular meme coins. If you’re looking to mix things up with different meme coins, Shiba Inu could be a good choice.
Shiba Inu started in April 2020 and has quickly made a name for itself in the crypto world.
It’s grown rapidly and has brought huge profits to those who invested early – we’re talking millions of percent in returns.
Over the past few months, we’ve seen the team behind pushing for growth and trying new things.
They’ve built their own blockchain network called Shibarium and are exploring areas like a virtual world (Metaverse), a decentralized exchange, NFTs (unique digital items), and gaming.
With these advancements, we could see SHIB follow the bull momentum in the upcoming months.
Conclusion
The long-awaited Bitcoin spot ETF approval has finally come and its setting up a domino effect in the market with many of the leading altcoins gaining bull momentum now.
Pepe, one of the most popular meme coins in the world, has also seen its fair share of traction due to the latest news with an impressive 6% surge since the approval.
However, if you’re looking to skyrocket your portfolio, 20% surges won’t cut it – you need tokens that can ramp up the 100x profit range.
And tokens that can do just that include the two presale meme coins Sponge V2 ($SPONGE) and Meme Kombat ($MK).
With a chance to capture the current low prices and capitalize more when listing comes, analysts are saying that now is the ideal time to join their presales!
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