Dog-themed meme coins have left crypto enthusiasts across the globe stunned because of the success that no one saw coming. After Dogecoin (DOGE), Shiba Inu (SHIB) closely followed and inspired people to change their perspective on cryptocurrencies. Ever since October 2021, when SHIB hit its peak price of $0.00008845, its value has been decreasing.??
Shiba Inu Could Reach $1 by 2024? New Meme Coin That Just Hit $300k Could Surpass SHIB’s Price Target First
SHIB has been in the red zone for the better part of the last year, while $MK emerges as the new shining star!
New Meme Coin
New Meme Coin
People are now starting to wonder if SHIB has any chance to reach $1. The current situation in the crypto market goes against the possibility of this, and in fact, many investors are now turning to Meme Kombat ($MK) – the newest meme coin that just hit its $300k milestone. Here is why $MK has the potential to hit $1 first!?
$MK's Utility Outpowers SHIB’s Lack of It?
Shiba Inu creators have been working on increasing the utility of SHIB for years now, and the main way that was supposed to occur is through Shibarium. The expected price pump caused by its launch failed to occur because the launch date for Shibarium was changed many times after it was finally launched on August 17 this year.??
On the other hand, Meme Kombat offers what the investors wanted to see all along – the humorous side of meme coins combined with the concrete utility they can rely on. The design is very interesting because it combines Shiba Inu, Sponge Bob, Floki, Pepe, and all the other extremely popular characters and puts them in one arena where they will test their strengths. Not only will these battles bring enormous fun for the investors, but the investors will also have the option to bet on the player they believe in.??
Users have various options to select from based on their preferences. PvP (player versus player) betting allows players to challenge the opponents of their choice. Additionally, there is PvGame (player versus game) betting, which involves wagering on the outcomes of particular in-game events or battles. This form of betting requires a certain level of analytical skill to enhance the likelihood of winning the prize, but it will surely be a welcome challenge.??
Moreover, there are direct and side action betting alternatives, where the users can place bets on characters, battles, or specific aspects of battles. All of these options will surely spice up the investing process for every investor tired of the volatility of the crypto market, eager to have some fun and get a prize for it. Also, it will contribute to the price increase as soon as the $MK token gets listed on the exchanges, possibly hitting $1 in the near future!?
Hitting $1 is Impossible for SHIB, but not for $MK?
Shiba Inu dominated discussions in the cryptocurrency world a couple of years ago as its value skyrocketed in 2021, reaching an all-time high price of $0.00008845 in October of the same year. However, at the time of writing this article, the token plummeted by 88% from that peak, indicating a significant decline in investor interest in this canine-themed digital asset.?
Nevertheless, Shiba Inu enthusiasts keep believing that its brightest days are yet to come. The question arises: Can Shiba Inu ever reach a price of $1 per token, representing an astounding increase of more than 111,000 times its current value? While speculators might harbor hopes of this ambitious target becoming a reality, it remains highly improbable.??
The price of SHIB currently stands at $0.000007225. This crypto went through a price drop of 36.38% during the last twelve months, and the situation is not getting any better when looking at the 4.55% price drop during the past thirty days. Seeing the evident price drop, it is impossible to expect SHIB to reach $1 by 2024 or ever, which is why investing in Meme Kombat can bring results much sooner!?
The Appeal of Meme Kombat is Evident?
What distinguishes Meme Kombat from Shiba Inu is the fact that once the investors purchase the $MK tokens, these tokens get automatically staked. This means that the annual percentage yield gets calculated immediately, and then, as soon as the staking page goes live, it will be available for the investor to see.???
Once the presale concludes and all platform features are operational, users will have a chance to decide whether they want to continue staking their tokens or unstake them. This flexibility meets the preferences and needs of users. The staking period is set for a duration of two weeks; after this period expires, users can decide what will happen with their tokens next.?
Staking plays a pivotal role in the overall Meme Kombat ecosystem, offering users not only the opportunity to earn rewards. It also contributes to the stability of the entire ecosystem. Furthermore, the prospect of passive income can serve as a strong motivator for community members to stay actively engaged for years without losing interest.??
With a total of twelve million tokens in the pipeline, half of them are available during the evidently successful presale that is currently ongoing. The presale's hard cap is set at $10 million, and judging by its impressive start, it's evident that this amount will be reached in no time. So, for those looking to seize a prosperous opportunity, it is time to forget SHIB and get a portion of $MK tokens!?
Conclusion?
After accessing the price drop of Shiba Inu, one thing is sure - this crypto will remain important for crypto enthusiasts worldwide, but to think that its value could miraculously change for the better is simply not rooted in reality. At the same time, Meme Kombat is at the beginning of its journey, and by looking at the success of its presale, the future seems very bright. Secure your portion in time and watch it grow together with your investment!?
- Previous Story
Traders Suggest This New Meme Coin Might Be The Next Bome - Next StoryRE Capital Commences Construction Phase For Industrial Project RUBIX In Geneva
