As the second largest meme coin Shiba Inu (SHIB) fails to keep pace with the broader cryptocurrency market’s recent rally, SHIB holders are migrating to a new meme coin called Meme Kombat (MK) to hunt potential 100x returns.
At current levels just under $0.000010, SHIBA is up around 16% from recent sub-$0.0000085 lows.
But SHIBA is still well below its late 2023 highs near $0.000012.
And the meme coin remains a far cry from its prior glory days, when it hit $0.000088 in 2021.
Bitcoin (BTC) and Ether (ETH) are meanwhile at new multi-year highs around $52,000 and $2,900 respectively.
But rather than rotate into better performing blue-chip cryptocurrencies like BTC and ETH, many meme coin degens would rather maintain exposure to riskier assets that holds 100x potential.
That’s why SHIBA holders are migrating to this new meme coin Meme Kombat.
Meme Kombat ($MK) is building a one-of-a-kind platform for battling meme characters.
Given that it will feature characters to represent all major meme coin communities, the project’s appeal is wide.
You can get a feel for the virality of the project from the fun that the team’s artists are already having with the meme characters.
Whether you are won over by Dogecoin, Shiba Inu, Pepe or Sponge, meme coin watchers will find their character and more represented in Meme Kombat.
Meme Kombat also captures the latent value of arguably the top-valued sectors in crypto today – gaming and gambling.
Not only will you be able to battle with meme characters, but you will also be able to wager on the outcome of those head-to-heads.
For degens focused on where to find the next 100x gem Meme Kombat has to be front and center.
To fund development and marketing efforts, Meme Kombat has been conducting a highly
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