Pepe Investors Jump Ship to New ICO with 1,859% Gains Possible
As the Pepe (PEPE) price struggles to recover above key resistance levels following the recent market crash, its investors are jumping ship to a new ICO seeking to ride the current Olympic mania that some experts has the potential to post 20x or 1,859% gains.
PEPE was last trading around $0.0000077, already down around 30% on the month.
While Pepe has been able to recover strongly from its Monday lows around $0.000006, it has hit a brick wall of resistance.
The 200DMA (just under $0.000008) and July lows are currently blocking the path higher.
If PEPE fails to break above this key resistance zone, a drop back to April lows under $0.000004 is possible.
Its no surprise then that Pepe investors are jumping ship to an exciting new ICO called The Meme Games (MGMES).
The Meme Games is a new Olympics-themed meme coin is generating a huge buzz in crypto trading circles as Olympic fever rises.
The Olympics hasn’t issued an official token, leaving a gap for crypto market participants to create their own.
The Meme Games (MGMES) is thus staking a strong claim for the spot of the “unofficial” meme coin of this Olympics game.
The new crypto coin MGMES features five of the top meme coins, who take part in a fun purchase to play and earn game.
New Olympics meme coin The Meme Games kicked off its new ICO only a few weeks ago. Despite that, it has already been able to attract over $300,000 in early investment.
MGMES tokens are currently available for $0.0092 each. Given the 2.024 billion token supply, this values the project at a very modest market cap of under $20 million.
But if investors want to get in at a favorable valuation, they better move quickly.
That’s because the MGMES price is set to rise in just over five days.
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