Meme coins, to the surprise of many, have become the hottest items on the crypto market in 2023. The incredible success of Pepe and several other tokens has caught the majority of investors completely by surprise, causing massive FOMO. A lot of people were left scratching their heads and wondering how they managed to miss out on some of the biggest earning opportunities in the crypto market in years.
But not all is lost for those who missed out. The meme coins revival has spurred plenty of developers to try and recreate the success of previous tokens. Among them, Meme Kombat (MK) and Wall Street Memes (WSM) are attracting the most attention from investors. If your aim is to be a part of the next batch of crypto millionaires, these are the top 3 meme coin contenders for Binance listings to watch in 2024.
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Meme Kombat (MK) – Play2Earn Platform With a Powerful Staking Option
Meme Kombat is an eco-system fully evolved around popular memes. Unlike other meme coins, its native token MK is a utility token that underwrites every transaction within this exciting Play2Earn (P2E) platform.
The app is designed around pitting memes against each other. In Season 1, the meme lineup consists of 11 competitors, each based on a popular meme coin: Floki, Pepe, Pepe 2, Shiba, Sponge, Wojack, Doge, Baby Doge, Milady, Kishu, and Mong. Season 2 will introduce more fighters, offering players a wider choice of matchups.
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The P2E mechanism consists of wagering on the outcome of battles. The app offers several types of bets that can be placed, allowing each player to choose the type best suited to their playstyle. Player-vs-game betting (PvGame) consists of players betting against the game outcome. More complicated, and far more rewarding, is Player-vs-Player Betting (PvP), where players wager against each other. Side Action Betting lets players bet on specific game events, like who makes the first move. Finally, for people enjoying simple wagers, Direct betting allows them to bet on the outcome of the match. Each bet type has its advantages and disadvantages and having several options is a great way to attract various types of players.
P2E combined with a lucrative staking option ensures that Meme Kombat will be a very popular app. Offering 112% APY, it is one of the most profitable staking operations on the market.
With $1.7 million raised so far, Meme Kombat’s presale is firing on all cylinders. Racing through presale stages, it is fast approaching its hard cap goal and subsequent crypto exchange listings. Rumors have it that MK will hit Binance first. With most experts agreeing that MK will explode once it hits the open market, it is understandable why so many investors are trying to get their hands on it before the presale ends.
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Wall Street Memes – Meme Coin of the Revolution
With more than $25 million raised, Wall Street Memes is one of the most successful crypto projects of the year. The popular meme coin blazed through its presale and is currently in the buyback phase, having retrieved more than $1.1 million worth of WSM tokens so far.
Based on the popular subreddit r/wallstreetbets, WSM was created as a manifest of global movements fighting the corruption of the Wall Street establishment. The movement was born after the infamous GameStop saga, which revealed just how criminal the stock market system is and to what lengths would powers that be go to protect their cronies in stock trading firms.
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In response, a team that was responsible for bringing us the Wall Street Bulls NFT collection, which famously sold out in 35 minutes flat, decided to create a meme coin that will serve as a badge of honor for those wishing to fight the Wall Street elites. The side effect of owning WSM is an opportunity to make a boatload of cash, of course.
Staking is currently one of the most popular features for new tokens built on blockchains that support it. Wall Street Memes offer it as well, with an APY of 58%, significantly higher than the market average. To prove just how devoted they are to the idea, the team has decided to dedicate a full 30% of the total token supply to community rewards. In practice, this means that staking rewards have secured funding for years to come, affecting the token’s price and providing long-term stability. This makes it one of the top meme coin contenders for Binance listings in 2024.
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Sensei Inu – A New MemeFi Star
Sensei Inu is a meme coin trying to combine memes and the world of finance. This isn’t something we see often and that automatically makes it an interesting idea. Implementation of that idea, however, is another thing altogether.
Utilizing a novel proof-of-value concept, Sensei Inu offers both learning and income-earning opportunities. The core concept revolves around trivia-based quizzes, providing users with an opportunity to cash in on their knowledge of crypto. Depending on how popular the concept turns out to be, we can expect to see SINU on Binance by the end of 2023 or early 2024.
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Conclusion
Starting out as a joke, meme coins have become major players in the crypto market. However, since last year’s crash, the general consensus was that the niche is dead. Then came 2023 and tokens like Pepe surfaced to completely upend the market and create havoc. That is why we are seeing a new batch of meme coins emerging, but only a select few are among the top contenders for Binance listings. Among them, Meme Kombat and Wall Street Memes are the most serious projects and the ones that can be expected to explode once their presales end.
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Disclaimer: The above is a sponsored post, the views expressed are those of the sponsor/author and do not represent the stand and views of Outlook Editorial.
