The global crypto market cap dropped this month. A few top meme coins, like Shiba Inu, have also seen their prices drop.
Amidst the drop in price, investors now have an opportunity with this new meme coin called Fight Night. Let’s explore why Fight Night has the best chance of enjoying a price pump.
Shiba Inu (SHIB) is currently trading around $0.000021, with a drop of 4.8%. Similarly, Dogecoin (DOGE) is trading at $0.14, down by 4.6%.
Usually, when these popular meme coins face a drop in price, investors are looking for new coins to buy the dip.
Shiba Inu produced big gains in 2021 but is now trading lower. Meanwhile, Dogecoin has failed to not only break, but also get close to the previous ATH, set in 2021 as well.
Does this mean you should diversify your portfolio? The answer might be yes.
Fight Night offers a storyline that combines elements of boxing and pixelated adventures. The story involves Mike Tyson entering a pixelated world where he meets Muhammad Ali. Ali gives Tyson magical gloves to fight Jake and his gang.
The link with iconic figures like Mike Tyson and Muhammad Ali helps attract a large audience.
The team behind Fight Night is using the media hype around the Tyson vs. Paul fight to boost the coin’s visibility. The team is planning to reach a large audience; advertising on major crypto media outlets has already begun.
Unlike some pump-and-dump coins that we have seen, Fight Night has allocated a portion of its profit to various charitable causes. These include donations to Binance Charity, the Opioid Awareness Foundation, Breast Cancer research, UNICEF, and Parkinson’s research.
Hmm, as expected, the one in first place shows remarkable determination… But my punch will obliterate everything.$FNIO #TYSONMEME
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