There’s an Olympic takeover in the crypto market today as new project Solympics soars over 300%.
At the same time, The Meme Games surpasses the $220K total raised mark at presale.
Solympics Price Rallies As Traders Capitalize on Olympics
Crypto traders never waste a good opportunity.
The Olympic Games will commence in three days and traders are cashing in.
Solana-based token Solympics has been the first call of order for some.
“Where Solana’s memeable force meets the world’s favourite contest” – that’s the opening remarks on the project’s website.
The Solympics token price has surged over $400% today, but with a $3.7 million market cap, there remains lots of room for growth.
Moreover, the token only launched yesterday, making its recent success even more impressive.
As for how far it could go, the project is so early that it is hard to say.
But it must be considered that the Olympics was the world stage where Dogecoin first emerged.
It happened in 2014 when Dogecoin was only known to early crypto adopters.
The Doge Army sponsored the Jamaican bobsled team to attend the Sochi Winter Olympics, a move that made rounds on leading global news outlets.
DOGE surged in the aftermath, and an alliance was born between meme coins and the Olympics.
One Solympics community member underscored the benefits of buying in early to the new project.
“I wish I had bought this 15 minutes ago; it had a $2.4 million market cap,” they wrote.
There has been a lot of bullish sentiment on the project’s CoinMarketCap community page.
For example, one investor said he hopes Solympics “sends hard” in the lead-up to the Olympics opening ceremony.
But the Olympic spirit does not end here.
Another token called OLYMPÉ launched in mid-July and rose to a $4 million market cap.
Meanwhile, The Meme Games launched recently and has taken the market by storm.
The project is undergoing a presale, enabling investors to buy at a discounted price before it launches on exchanges. Let’s take a closer look.
The Meme Games Raises $220K at Presale – Can It Explode Like Solympics?
With the Olympics fast approaching, The Meme Games is causing a buzz as its presale total raise passes $220K.
Rumours are circulating that it will be the Olympic Games’ first official meme coin.
That would be a groundbreaking development, with one billion people expected to watch the games.
And that’s not the only reason The Meme Games is turning heads.
In the Olympian spirit, presale investors can partake in a “169-meter dash” each time they buy.
This is a 169-meter race between five iconic meme characters – Pepe, Doge, Turbo, Dogwifhat, and Brett.
The investor gets to choose which they think will win, and they get a 25% presale multiplier bonus if they choose correctly.
Moreover, the project is dishing out $MGMES tokens via staking.
The staking feature is live and provides a 1,100% APY. However, this will decrease as the staking pool grows.
At the same time, The Meme Games’ presale price will rise incrementally. The current price is $0.00905, but it will rise in three days.
The presale will end alongside the Paralympics closing ceremony, and then $MGMES will launch on exchanges two days later (10 September).
So if you want to cash in on the world’s biggest sporting event, you must act quickly.
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