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The Meta Masters Guild presale has passed $1.2 million in funds raised, reaching this seven-figure amount in only two weeks. This total exceeds forecasts for the player-to-earn gaming platform, which is set to launch its first title -- Meta Kart Racers -- by the third quarter of the year.
It also means that the second stage of the Meta Masters Guild presale has now sold out, raising the sale price for its native MEMAG token from $0.01 to $0.013. And with another price rise due in two weeks, early investors may need to act quickly if they wish to lock in the steepest possible discount on what may be one of the most successful tokens of 2023.
What's impressive is that the presale's total stood at only $500,000 exactly a week ago. However, it was around this time that the sale gained some critical mass, with each new threshold acting as an incentive for other investors to hop on board, and with some 24-hour periods witnessing influxes over $100,000.
In fact, yesterday saw the total pass $1 million, implying that the sale has raised over $200,000 in 24 hours. This kind of acceleration may continue, especially given that investors may prefer to act quickly before further price increases.
The presale will have seven stages in total, and in the final stage 1 MEMAG token will cost investors $0.023. In other words, anyone who buys now at the current price of $0.013 will have effectively made a 76.9% profit, even before MEMAG lists (which could increase its price even further).
Given that Meta Masters Guild has set an overall target of $4.97 million for the presale, it's possible that the
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