The price of Pepe has been nosediving for the last ninety days. The price has decreased by 10% during last month alone, and this surely raises many concerns among the investors hoping for new waves of price increases they could profit from. Taking that into consideration, it is clear that choosing some other meme coin with great potential is the only logical step, and Meme Kombat looks like the perfect meme coin to invest in now. Here is why!
Meme Kombat is Ready to Push Pepe Out of the Arena
The highest recorded price for Pepe (PEPE) stands at $0.00000431, noted on May 5, 2023, approximately five months ago. In comparison, the current price is down by a significant 81.95% from the all-time high. Looking at the way Pepe's price went down during the last 90 days, it is clear that this is a nosedive that is not pleasant for investors in any way, especially the ones who were hoping that Pepe's success from May this year will repeat.
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Other than hoping that something will change, a large number of investors is turning their attention towards Meme Kombat, the crypto that is fusing the most popular meme coins that conquered the market and achieved the impossible – Dogecoin, Pepe Coin, Floki, and many others.
Unlike Pepe, which doesn't have any utility, Meme Kombat has plenty, which is why it is highly likely that it blow Pepe away. The main role of the $MK token in the Meme Kombat ecosystem is to serve as the native currency, but the token holders will be able to stake their portion of tokens in order to create a passive income stream. This means that the community members will be rewarded for their loyalty.
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Besides, the $MK token will be the key for unlocking access to the battles that the players will be able to enjoy. The users can bet on the outcome they believe will occur, which will bring a thrilling gaming experience and enable them to win prizes that will surely be valuable!
The Secrets of Meme Kombat Revealed
One thing that sets Meme Kombat apart from Pepe and other meme coins is automatic staking during the presale phase. The purchased tokens will be staked by default, and the annual percentage yield rewards will become visible the moment the staking page goes live.
After the presale ends and all the features on the platform start functioning as planned, the users will be able to choose whether they want to stake their tokens again or unstake them. This will provide the flexibility that the users want and need. The staking period is locked for two whole weeks; when this period is over, the users can decide about their tokens' future.
Staking is very important for the whole Meme Kombat ecosystem because it will not only provide the chance for users to earn, but it will also provide stability to the entire ecosystem. Besides, earning passively can be extremely inspiring to the community members to continue engaging.
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When it comes to betting, there are multiple scenarios that the users can choose from according to their preferences. PvP (player versus player) betting implies that the players can challenge the person they want.
Other than that, there is PvGame (player versus game) betting, which refers to betting on the outcomes of specific events or battles against the game. This type of betting demands a certain level of skills for analyzing in order to maximize the chances of getting the prize. Like that is not enough, there are also direct and side action betting. In the first scenario, users can bet on characters or battles, while in the latter, the users can bet on certain battle aspects.
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Meme Kombat Roadmap and Tokenomics Upclose
Meme Kombat's roadmap serves as a crystal-clear guide for prospective investors, giving them a chance to take a closer look at what the future holds. The presale that started recently already hit a quarter million milestone, showing the enormous potential that this meme coin has.
platform is scheduled for launch in October or November, depending on how fast the presale will end. The $MK token will be listed right after, which is the period when investors can expect its value to skyrocket. According to the project's whitepaper, the roadmap of Meme Kombat is planned to evolve in two seasons. During these seasons, the battles, leaderboards, rewards, and other features will be launched one after another.
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There will be twelve million tokens in total, but half will be available to the investors for grabs. The hard cap is $10 million, and the way that this presale began, it is obvious that this amount will be raised in no time, so better dive in as early as possible!
Is it Time to Forget Pepe?
Some experts believe that whales are manipulating the price of PEPE, which can easily be the case. It wouldn't be the first time this happened, and it surely won't be the last.
PEPE could retreat to its long-term support level, potentially reaching approximately $0.00000060 before finding stability. This bearish outlook is corroborated by the declining relative strength index (RSI), approaching the 40 mark after a partial recovery, suggesting further potential overselling.
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Additionally, PEPE's 30-day moving average is starting to dip again, signaling that the coin's price could dip below this indicator as the current selloff deepens. The consistent decline in PEPE since its early May peak indicates that today's losses may persist in the coming days.
These whales likely still hold the PEPE coins they acquired, anticipating a forthcoming rebound. However, retail traders should exercise caution, as when such a rebound occurs, whales are likely to unload their holdings, potentially causing another drop in PEPE's price. This means that it is time to forget Pepe and embrace Meme Kombat with open arms!
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Conclusion
Pepe's glory days seem long behind us. Looking at the sharp price decline since May, one thing becomes extremely clear – it is time to turn to Meme Kombat, the hottest meme coin available on presale now. Becoming an early investor will bring the biggest benefits, so you better jump in!
