Meme coins are on a profit rollercoaster starting in December, and one of the leaders of the pack is the notorious Pepe Coin ($PEPE).
Pepe has seen a massive increase of almost 35% in the last week as investors are enthusiastic about a potential continuation of this rally.
But new meme coins are emerging with even more profit power – Meme Kombat ($MK) and Wall Street Memes ($WSM).
Some believe these two top-tier tokens could even increase to 100x-200x if the bull rally continues as planned.
Let’s dive in and see what the hype is about.
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Pepe Sees a Profitable Start of December with Nearly 35% Gains – But Can it Outperform $MK and $WSM?
Pepe (PEPE) is making headlines again as it brings 35% gains in the last 7 days, making it one of the top performers of the week.
Operating on the Ethereum network, this digital token is currently valued at $0.0000016 – but can it go even more?
Debuting in April, PEPE derives its inspiration from the internet meme featuring Pepe the Frog, making it a highly volatile asset. Notably, an investor turned heads by transforming $250 in PEPE tokens into a remarkable $1.02 million, which was one of the sparks in the early bull rally.
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Much like its meme coin counterparts, PEPE's sustainability in retaining investor interest remains uncertain.
A notable event occurred in August when insiders offloaded $16 million worth of PEPE across various exchanges, such as Binance, Bybit, KuCoin, and OKX.
This triggered a dip in the token's market cap, plummeting to $315 million at that time. However, the dedicated team behind this meme coin successfully navigated the challenges and orchestrated a
Investors are carefully observing as the journey of this meme cryptocurrency unfolds, given its propensity for sudden and significant price movements.
But if you’re looking for bigger profits, the top contenders right now are Meme Kombat ($MK) and Wall Street Memes ($WSM).
Meme Kombat ($MK) Impresses Investors with Dynamic Staking and Battle Arena Mode – Can We Expect 100x Gains Post-Listing?
Meme Kombat distinguishes itself as a web3-based play-to-earn (P2E) game, offering an intriguing blend of immersive gameplay.
Within the platform's dynamic environment, users can partake in a variety of betting scenarios, spanning player-versus-player showdowns to intricate player-versus-computer modes.
The debut, Season 1, introduces 11 popular meme characters, inviting users to place bets on their favorites in thrilling battles. Following closely, Season 2 is on the horizon, promising fresh characters and gameplay, along with ongoing plans for additional developments.
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Beyond the thrill of betting, Meme Kombat attracts users with its enticing staking mechanism, boasting an impressive 477% annual percentage yield (APY).
These substantial staking rewards have played a role in the project's presale success, outshining the market average. For perspective, Ethereum's APY stands at a modest 4%.
Participation in the platform's activities mandates users to stake tokens, a requirement that not only contributes to the advantageous supply and demand dynamics but also adds to its economic model as a portion of the project's circulating supply is expected to be locked up in staking contracts.
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Notably, the project has already secured $2.8M in presale funds, and there's still an opportunity to get involved before the remaining tokens are completely sold out.
Wall Street Memes ($WSM) Rising the Ranks as the Best GambleFi Casino in the Crypto Market
Wall Street Memes had a hot presale in 2023, raking in an impressive $30 million from selling its $WSM token.
Originally just a meme coin without much use, things changed with the Wall Street Memes Casino. Now, players can use $WSM for betting alongside other popular crypto tokens.
Known as "the new home of the degen," the Wall Street Memes Casino is for crypto enthusiasts who want to boost their market wins through gambling.
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It's open to everyone, even if you missed the Wall Street Memes presale or don't have $WSM. The casino offers a range of gaming options, including live casino games and sports betting, for a comprehensive and entertaining experience.
What's more, the Wall Street Memes Casino keeps things easy—no need for identity checks or Know Your Customer (KYC) hoops.
If you've got a valid email address, you're good to go, making it a straightforward platform for diving into the exciting world of crypto gambling.
Dogecoin Shooting for the Moon – Literally – How Will it Impact the Price?
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In November, Dogecoin's grand DOGE-1 mission to reach the moon got a boost with approval from the National Telecommunications and Information Administration (NTIA).
This green light is a big step, and the final nod from the Federal Communications Commission (FCC) is the last hurdle.
The heart of Dogecoin's mission is to launch the DOGE-1 satellite into lunar orbit, making history as the first satellite fully funded by Dogecoin (DOGE). The SpaceX Falcon 9 rocket is all set to carry DOGE-1 into space, showcasing the crypto's venture into the cosmos.
After this announcement, Dogecoin (DOGE) saw a solid uptick, but investors believe this is just the start.
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The nod from NTIA brings Dogecoin closer to its celestial aspirations, and enthusiasts anticipate further price increases as the mission progresses.
Conclusion
In these early days of December, meme coins are showing promising profits, raising questions about which ones will emerge as the new leaders in the meme coin scene.
To be specific, Pepe is the one who led the way when it comes to gains.
But according to numerous analysts and crypto influencers, the spotlight is on Meme Kombat ($MK) and Wall Street Memes ($WSM).
Projections indicate that these two tokens hold a 100x profit potential if things unfold as anticipated in the coming weeks.
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However, the key is to capture the current low prices, so you better go check the projects out before they skyrocket!
