Olympic Meme Coin Solympics Soars: Crypto Trend Alert!

Olympic Meme Coin Solympics Soars: Crypto Trend Alert!

Meme coins are surging, with Solympics skyrocketing 412.75% and The Meme Games raising $130K in 24 hours, attracting investor interest.

Jesse Anglen
July 24, 2024

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The meme coin space is rallying after the market downturn. Many of the top meme coins including WIF, DOGE, TURBO, and MEW have grown double digits in the last week. As we go into another meme coin season, investors are setting their sights on the Olympic Games as the driver of meme coin growth. Tokens like Solympics have already pumped massively, while others like Meme Games are hitting impressive numbers in their presale.


Solympics (SOLYMPICS) is an Olympics-themed meme coin on the Solana blockchain. In the last 24 hours, the token has skyrocketed 412.75% all the way up to $0.003633 per token. The token’s launch has been an exciting event for all holders, giving them an opportunity to get a quick 4x return on their investment.


With that being said, Solympics is quite controversial when it comes to token distribution. With the coin trending on Dexscreener, X (Twitter) user Shrebobo noticed the token’s supply is disproportionally held by a few people. This piqued their interest and led them to speculate the coin may experience a massive dump.


"#SOLYMPICS is currently trending #2 on Dexscreener however be aware that it will rug because of insiders. There are lots rats who hold majority of supply and will dump on new buyers. Be careful 👊" - Shrebobo (@shrebobo) July 22, 2024


Other X (Twitter) users noticed Solympics’ market cap jumped to over $1.6 million straight after launch. The token’s developers bought at least 32 $SOL worth of the token and then distributed it among multiple wallets, raising investors’ concerns about a rug pull.


The Meme Games ICO took all of the crypto headlines by raising $130K in 24 hours. Join the official meme coin of the 2024 Olympics before it's too late! The world of meme coins is abuzz with excitement as a promising new player enters the arena.


The Meme Games, a freshly launched project, has taken the crypto community in an instant, raising an impressive $130,000 within the first 24 hours of its presale. This remarkable achievement underscores the growing interest in the meme coin sector and hints at the unique appeal of The Meme Games.


As the presale continues to gain traction, it’s clear that The Meme Games possesses a special allure that sets it apart from other meme coins. Investors are eagerly diving into this new opportunity, recognizing the potential for substantial returns and the thrill of being part of a new project.


The Meme Games ($MGMES) has been officially designated as the meme coin of the 2024 Olympic Games in Paris, similar to Dogecoin’s sponsorship of the Jamaican bobsled team at the 2014 Winter Olympics in Sochi, which pushed DOGE into stardom. The Meme Games takes the concept of meme coins to new heights, combining hilarious memes with innovative tokenomics.


As the 2024 Olympics approach, the potential for $MGMES to skyrocket is immense. The presale, which started yesterday, ten days before the start of the Olympic Games, presents a unique opportunity for early adopters to maximize their investment. A new project that has caught a lot of investor attention recently is The Meme Games ($MGMES). It’s themed around the 2024 Paris Olympics, but with a unique twist — it uses popular meme characters instead of real athletes.


The project has already witnessed high investor traction, as it raised almost $150,000 in just over a day since its official launch. The Meme Games Offers a Crypto Twist to The Olympic Games $MGMES is The Meme Games’ native token. When you buy these tokens in the presale, you can pick a meme character like Pepe, Doge, Brett, Turbo, or dogwifhat to race for you. If your character wins, you can win a bonus of 25% tokens.


The platform recently launched a presale for its native $MGMES tokens. Early buyers can grab them for a starting price of just $0.009 each. It’s worth noting that this price will continue surging throughout the presale stage, with the next price increase due in nearly two days. So, the current price will likely be the lowest you can buy $MGMES for.


You can buy these tokens and enter races as many times as you want. Each time you buy, you have a 1 in 5 chance of winning extra tokens. Even if you don’t win, you can keep trying with no minimum purchase required. The project will run alongside the actual Paris Olympics and Paralympics. After it ends, the tokens will be available on decentralized exchanges (DEXs) on September 10th. Given its early success, many investors think it has the potential to grow 100x by then.


Investors can also earn more rewards by staking their $MGMES tokens. The platform allows you to stake your tokens during the presale phase for high APY rewards of over 2,000% at the time of writing. Given these high rewards and the excitement surrounding the 2024 Olympics, The Meme Games showed a huge upside potential. Let’s see why many investors are backing this crypto presale to explode next.


Gamified Presale With High Winning Chances The Meme Games has essentially gamified its presale to offer an exciting new way to buy crypto tokens. Unlike most token presales, the platform lets you play a game right away when you buy $MGMES tokens. You can pick one of five famous internet characters — Dogecoin, Pepe, DogWifHat, Brett, or Turbo — and your character will race in a 169m race.


It’s like playing a slot machine or roulette, but with an Olympic and meme theme where you have a better chance of winning. Every character has the same chance to win, which makes it fair and thrilling. Since the outcome is fair and unpredictable, players can create good winning chances for themselves by participating multiple times. This is all the more possible because the cost of entry (buying $MGMES) is quite low.


$MGMES presale runs parallel to the 2024 Olympics in Paris, ending on September 8th when the Paralympics finish. Two days later, on September 10th, you’ll be able to trade $MGMES on DEXs. The Meme Games combines the fun of memes, the excitement of gambling, and the spirit of the Olympics. It’s a unique experience for crypto fans, which is why many people are calling it the official meme coin of the 2024 Olympics.


Leverages the Popularity of Memes and Offers High Staking Reward The Meme Games offers many unique features that make it stand out from other crypto presales. First, they offer much higher staking rewards than typical presales. You can lock up your $MGMES tokens to earn these rewards. Right now, the staking rewards are relatively high— over 2,000% APY. But this rate will go down as more people join in, so it’s best to start early if you want the highest rewards.


Moreover, all the extra tokens you win from buying and playing the games can be staked, too, which means you can earn even more. Another standout feature is that the project uses popular meme characters to create a sense of relatability with the audience. The platform has timed its entry well, especially when meme coins are becoming popular again.


For example, Dogecoin and Pepe were up nearly 13% last week after continuing their year-long uptrend. Similarly, dogwifhat, Brett, and Turbo also registered weekly and yearly gains on their respective charts. By bringing these characters together, The Meme Games hopes to capture some of this excitement. You can buy $MGMES tokens for $0.009 each at press time, which is the lowest price they’ll ever be. You have two options when you buy: Buy without staking: You can get your tokens and any race winnings on the day the token launches.


Buy with staking: You get your tokens, winnings, and staking rewards seven days after the launch. Buyers can get these tokens using ETH, USDT, BNB, or a credit card. Please note that you’ll have to use the Ethereum network if you want to stake. Source: @MemeGames2024 Importantly, Coinsult and SolidProof have audited the Meme Games smart contract, and no significant issues have been detected.


The platform is riding the wave of meme coin popularity while adding its own unique twist with the Olympic theme. Interested buyers can follow them on social media platforms like X and Telegram to stay updated and buy tokens through their official presale website. Visit The Meme Games Presale


For more insights and updates, visit our Rapid Innovation Blogs website.


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