Pepe Holders Abandon Ship for New ICO with Eyes on 1,000% Price Surge
Since graduating with a degree in economics from the University of Birmingham in 2018, Joel has worked as a financial market/cryptocurrency analyst. He firmly believes that emerging crypto technology...
As the Pepe (PEPE) price stagnates not far above recent lows and close to its 200DMA, holders are abandoning shop for a new ICO called The Meme Games (MGMES), as they eye a potential 1,000% price surge.
Last near $0.0000084, PEPE is stuck within recent ranges. While it is up an impressive 40% versus last Monday’s lows, it is still trading more than 50% below May’s highs.
Some might view the current PEPE price as an attractive level to buy.
But PEPE’s already quite bloated $3.5 billion market cap suggests the room for further growth, beyond perhaps 3-5x gains, is limited.
Its no surprise then that PEPE holders abandoning ship in favor of alternatives that might have better upside potential.
And analysts at Cryptonews.com think a new ICO called The Meme Games is one such high potential alternuytrative to consider.
See below why they have ranked it as one of their best presales to invest in this August, and best P2E games.
The Olympic Games kicked off a few weeks ago and has been surrounded by its usual buzz. But the event didn’t issued an official crypto token, leaving a gap for market participants to create their own.
New ICO The Meme Games is thus staking a strong claim to the spot of the “unofficial” meme coin of this Olympics game.
MGMES is a gamified meme coin that features a fun play-to-earn (P2E) component.
The new crypto coin features five of the top meme coins, which partake in its P2E game.
To play, presale investors must select one of their favorite meme coin characters. They can pick either Dogecoin, Pepe, DogWifHat,
Read more on cryptonews.com
