The Meme Games ($MGMES) presale has just launched. Tipped to become the official cryptocurrency of the 2024 Paris Olympics, $MGMES could be one of the hottest meme coins this year.
This guide explores $MGMES price predictions, explains how the presale works, and covers the project’s short and long-term potential.
The Meme Games Prediction 2024 to 2030: Summary
Let’s start with a quick overview of our $MGMES forecast:
- End of 2024: The Meme Games will raise presale funds during the Olympics, and launch on DEXs on September 10th, 2024. Some analysts predict an initial price explosion, although this is dependent on broader crypto sentiment. Some presale investors will secure early gains, while others will hold in the medium-to-long term.
- End of 2025: The wider crypto markets are expected to be in the midst of a prolonged bull cycle. This could see $MGMES reach unprecedented heights, with some analysts predicting a multi-billion dollar valuation. Increased volatility is likely as early investors cash out their gains.
- End of 2030: After another Bitcoin halving and ever-increasing global adoption, meme coins like $MGMES could begin their next bull cycle. This is likely where long-term holders will see their biggest gains.
Now let’s move on to price predictions for The Meme Games token:
Year
Potential Low
Average Price
Potential High
2024
$0.0045
$0.033
$0.90
2025
$0.78
$1.10
$2.82
2030
$3.40
$4.51
$7.67
The Meme Games History
The Meme Games is currently raising funds via its presale campaign. This means $MGMES doesn’t have any price history. Nonetheless, the presale price is currently $0.009, and almost $120,000 has been raised in the first 24 hours. Today’s price will change as the presale progresses in stages.
Those looking to invest in the presale will be pleased to know that no minimums apply. You’ll first need to connect a wallet to the presale website. You can use any wallet that’s compatible with the Ethereum or BNB Chain networks.
Your wallet must hold an accepted coin, which includes ETH and USDT (on both network standards). Then, type in the number of $MGMES tokens to buy and confirm.
Do note that presale investors must choose from one of five ‘meme athletes.’
Options include dogwifhat, Turbo, Pepe, Doge, and Brett. One meme athlete will win their respective game; those picking it will get 25% extra tokens. What’s more, presale investors can immediately stake $MGMES. The staking APY is currently 4073%, so it’s a no-brainer for most investors.
For an in-depth article on how to participate in the presale, check out our article on how to buy The Meme Games token.
The Meme Games Price Prediction 2024
2024 has been a rollercoaster ride for meme coin investors. The markets saw unprecedented growth during the first three months. Some of the biggest gains were seen on the Solana network, including WIF, BONK, and BOOK OF MEME. This growth coincided with the Bitcoin halving event and the approval of Bitcoin ETFs.
So, what do current market trends mean for The Meme Games? Many analysts still believe that the bull market, and particularly the next altcoin season, will begin in 2024. Q4 seems to be the consensus with most analysts, although some believe it could be toward the end of Q3. Either way, $MGMES is launching at the perfect time, with its first DEX listing scheduled for September 10th, 2024.
Crucially, presale investors could see an initial price spike once listed, especially considering the forecasted market capitalization. As per the tokenomics and presale hard cap, we estimate an initial valuation of $19 million. This provides plenty of growth potential for early investors. Moreover, presale investors get a discounted price, so some traders will lock in their gains straightaway.
With this in mind, our bullish $MGMES price prediction for 2024 is $0.90 as an average price. The current presale price is $0.009, meaning a potential upside of 100x. This would translate to a market capitalization of $1.8 billion, based on our initial forecast. However, this is on the basis of bullish crypto market conditions in the wider industry.
The Meme Games Price Prediction 2025
2025 could be an even better year for speculative meme coins like $MGMES. Based on the previous three Bitcoin halvings, 2025 will be the period where cryptocurrency valuations peak. This is expected to happen in Q3 or Q4 2025, although past cycles aren’t guaranteed to repeat.
Nonetheless, some analysts believe that The Meme Games could reach a market capitalization of $3 billion by Q2 2025. This would require an approximate $MGMES price of $1.48, which is 163x the current presale cost basis. That said, Q2 2025 could also see a temporary pricing correction, which would be an opportunity to buy the dip.
Should cryptocurrency valuations peak later in 2025, we anticipate an all-time high of $2.82. This would value The Meme Games at approximately $6.5 billion. However, this price prediction for 2025 could be conservative if widespread adoption reaches new heights.
The Meme Games Price Prediction 2030
The Meme Games price predictions for 2030 become even more difficult. A lot can happen in six years, especially in terms of regulatory and technological developments. Crucially, however, Bitcoin will have experienced its fifth halving, meaning the 10-minute mining reward is once again reduced by 50%.
As per previous cycles, 2030 could be extremely bullish for cryptocurrencies. Based on historical cycle trends, $MGMES could peak at $7.67 before entering the next bearish phase. This would require a market capitalization of approximately $18 billion, which is about 850x from the current presale price.
Should this come to fruition, Dogecoin and other meme leaders could surpass the trillion-dollar level.
Much of this upward trend is dependent on The Meme Games reaching key price levels and overcoming resistance levels. As the years progress, it’s worth conducting technical analysis, such as looking at chart patterns, technical indicators, and on-chain activity, to determine if The Meme Games is on track to reach this high. Looking at the broader cryptocurrency market and fundamental analysis of the meme project will also help you understand the price movements of $MGMES.
Potential Highs and Lows of The Meme Games
Let’s take another look at our $MGMES price forecast for 2024, 2025, and 2030.
Year
Potential Low
Average Price
Potential High
2024
$0.0045
$0.033
$0.90
2025
$0.78
$1.10
$2.82
2030
$3.40
$4.51
$7.67
Just remember, these price predictions are purely speculative. Always do your own research to make informed decisions.
What is The Meme Games?
The Meme Games is a new crypto project built on the Ethereum network. It’s bridged the gap between two popular topics – ‘meme coins’ and the ‘2024 Paris Olympics’. Its native token, $MGMES, isn’t officially endorsed by the Olympic Games. However, it’s the first and only Olympics-based crypto project, so there’s already lots of hype surrounding it in the crypto space.
While $MGMES could be one of the best meme coins to buy, it also offers gaming features. There are five athletes to choose from when investing, each representing a country in the Olympics. This includes Brett (Germany), WIF (Britain), Pepe (France), Turbo (Italy), and Doge (USA).
One athlete will randomly and transparently be chosen by a smart contract. Those picking the respective athlete will receive a 25% bonus on their presale investment. Some investors are making multiple presale purchases to increase their odds of winning. There is no cap on the number of investments, let alone any minimums.
While The Meme Games presale was only launched 24 hours ago, it has already raised almost $120,000. The presale price increases every few days to encourage early participation. Right now, you can secure the lowest cost basis of $0.009. This means early investors get an immediate upside. The presale campaign ends on September 8th. This coincides with the Paralympics closing ceremony.
Come September 10th, $MGMES will be listed on the best decentralized exchanges. Prices will then be determined by market forces. Additionally, The Meme Games is a staking token, so investors can earn passive income. This currently stands at an APY of 4073%. However, rewards are dynamic, meaning they decrease as more tokens are locked in the staking pool.
What Factors Influence the Price of The Meme Games?
The Meme Games price action will be determined by multiple factors. Understanding these factors is crucial before investing. So, let’s take a closer look.
Meme Coin Sentiment
Bloomberg reported in April 2024 that hedge funds are buying meme coins in their droves. It noted that this is often the first sign of bullish cryptocurrency market cycles. Crucially, broader meme coin sentiment will have a major impact on the $MGMES price and trading volume.
Put otherwise, $MGMES could explode if meme coins are pumping. For instance, most meme coins witnessed growth in Q1 2024 – some achieved 100x gains in under a week of trading. However, a bearish meme coin industry could negatively impact $MGMES – so it’s important to be aware of key market developments.
Institutional Adoption
Increased institutional adoption is another key factor to explore. The approval of Bitcoin ETFs in January 2024 saw significant capital inflows. This filtered down to other cryptocurrencies, including meme coins.
This means there’s a direct correlation between institutional interest and meme coin valuations. Therefore, the $MGMES price could witness substantial growth as more institutional inflows are recorded.
Investor Sentiment
Those investing in The Meme Games today will also have an impact on its price. For example, some investors will sell their tokens once the DEX listing goes live. This is to lock in the presale upside.
However, many investors will hold long-term to secure much larger growth. This is especially the case for those staking $MGMES. As such, a prolonged upside can occur if more investors hold. Conversely, if too many presale investors sell early, the opposite can happen.
Tokenomics
The best cryptocurrencies to buy have strong and transparent tokenomics. These should be backed by an audited smart contract. The Meme Games ticks the right boxes in this regard.
For a start, the $MGMES smart contract has been audited by SolidProof. This is a reputable blockchain auditor based in Germany. The $MGMES token supply is capped at just over 2 billion. No more tokens can be created, ensuring investors are protected from honey pot scams.
The $MGMES supply has been allocated to various departments, including marketing, rewards, exchange liquidity, and operating capital. As mentioned, $MGMES is an ERC-20 token, meaning staking is supported.
Roadmap
The Meme Games has a simple roadmap like most meme coin projects. The main focus is on the presale campaign, token distribution, and exchange listings.
The roadmap also includes the bonus game, where presale investors can increase their token allocation by 25%. Investors have a 20% chance of winning, considering one of five athletes will be victorious.
The Meme Games Price Prediction – Conclusion
While new cryptocurrencies operate in a highly competitive landscape – The Meme Games offers a unique proposition. There are increased rumors of $MGMES becoming the official meme coin of the 2024 Olympics.
$MGMES has just begun its presale, and the listing market capitalization is estimated at just $19 million. Some analysts believe that $MGMES could surpass a billion dollars by the end of 2024, although these predictions are purely speculative.
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Kane Pepi
EditorKane Pepi is an accomplished financial and cryptocurrency writer who has an extensive portfolio of over 2,000 articles, guides, and market insights. With his expertise in specialized subjects such as asset valuation and analysis, portfolio management, and financial crime prevention, Kane has built a reputation for providing clear explanations of complex financial topics. He holds a Bachelor's Degree in Finance and a Master's Degree in Financial Crime, and is currently pursuing his Doctorate degree, which focuses on investigating the complexities of money laundering in the cryptocurrency and blockchain technology sectors. Kane's wealth of knowledge and experience in the field make…
