If the name Mr. Hankey rings any bell, then you must be a fan of the South Park cartoon show that now has a reason to be excited. The newest addition to the list of emerging meme coins is inspired by the same character and is named Mr. Hankey Coin. But the reason we are talking about it today is because the $HANKEY coin has gone viral for being a true small-cap and low-market-cap gem.
$HANKEY is not only a new meme coin to join the list but is more likely to be a revolution in the making for investors. The reasons behind this will be explained in this article. Let’s check out what’s in store for us below!
Limited Spots Available for the Ultimate Shit Coin Presale
For a long time, crypto enthusiasts and investors have heard of and participated in numerous presales, and yet it hasn’t lost its charm. That’s because presales give us a great opportunity to get into a project while it is new and untouched by the market. As for a meme coin, buying in the presale stage is always a profitable decision because that means seeing a 10% to 50% increase in ROI.
But there is another reason to be excited for this ICO. According to the official website, $HANKEY presale was limited to only a few seats and featured a small hard cap of just $500,000. This allowed $HANKEY coins to sell out in 10 hours after launching. Due to an explosive response from the community, $HANKEY was able to pump and reach its hard cap in such a short time.
But there is more to it. $HANKEY is still officially available to buy if someone lost the chance to buy during the first presale launch. All you have to do is visit the official website of Mr Hankey Coin and check out the “Buy Now” option. You will need sufficient ETH in your crypto wallet in order to complete the transaction. The only question on people’s minds is: what makes $HANKEY such a great investment?
Let’s find the answer in the following sections.
Unclogged Anticipation for $HANKEY – 5 Real Reasons Backing its Growth
Meme coins have never been taken seriously by traditional investors, but their incessant growth and high returns tell a different story. Like every other meme coin, $HANKEY has a few aces up its sleeve that set it apart from all the other projects out there. The following are some main selling points that resulted in $HANKEY getting sold out.
The presale was small and limited
Unlike the usual cryptocurrency presales we see these days, the team behind $HANKEY came up with a whole different idea. This idea contributed to $HANKEY being sold out like hot cakes during rush hour by crypto investors who were hungry for something new. The presale was decided to take place on July 13, with limited slots for participation. As a result, investors poured in their support from all around the globe. This coin was sold at ridiculously low prices ($0.00125) which means the total market cap would be around $1.25 million. This is why the Mr Hankey Coin presale has been causing so much hype.
Small hard cap of $500K to easily pump
The reason why this crypto went for a small hard cap, which is half of the usual value, is easy to understand. As the $HANKEY presale event got a lot of attention through news and other marketing efforts, it was sure to receive a lot. But by lowering the hard cap for this presale, the project team ensured an easy pump as $HANKEY skyrocketed in 10 hours. This is also why it ended up selling out for good.
The community of meme crypto enthusiasts who got interested in the $HANKEY presale chose it specifically due to the small hard cap. Veteran investors understand how presales with a big hard cap end up running for days, which would also mean more people buy it. But in the case of $HANKEY, only a few will successfully participate in the presale and receive early bird returns.
Viral potential in the fun/shitcoin theme
If you take a look at the website and the “brownpaper” launched by the team of Mr Hankey Coin, then you will see a fun theme throughout. The reason why this theme ended up making the $HANKEY presale go viral is the connection with the once-favorite adult comedy cartoon, South Park. Since Mr Hankey Coin is inspired by a character from the show (featured in episode 9, season 1), people felt a nostalgic connection with this project.
After seeing how $SPONGE, $PEPE, and others performed, virality has become an indication of success for meme coins nowadays. Similarly, this factor helped $HANKEY gain a lot of eyeballs and also feature in thousands of news articles that caused a stir in the market. Most of the early buyers who invested in $HANKEY came in due to its virality and witnessed its potential.
Token claims and DEX Liquidity soon
The reason for $HANKEY going viral is not over yet because it is also preparing for an upcoming token claim. According to the official announcement, $HANKEY will be open for claiming by those who bought it in the first round just now before listing. This adds to the anticipation of what is to come for this particular meme coin, which is a true small-cap gem.
More importantly, the $HANKEY team members have also pledged to dedicate about 40% of the total token supply to decentralized exchange liquidity. The reason behind this is that meme coins struggle due to a lack of liquidity and end up with potential losses caused by slippage. But with DEX liquidity backing it up, it will allow $HANKEY prices to stay stable and eliminate the chances of any rug pull.
Bottom line
When you think of the aforementioned selling points and reasons that helped the $HANKEY coin presale reach success, you will be tempted to rush to its website and buy some more if possible. This meme coin is definitely going to stay in your portfolio for a while.
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