Meme Kombat is a new meme coin inspired by the popular Mortal Kombat video game franchise. With its unique concept, it has attracted attention in the blockchain gaming community. Meme Kombat stands out due to its engaging battle features and potential rewards, setting it apart from other meme coins.
Launched with a maximum supply of 120 million tokens, Meme Kombat can be traded on platforms like Uniswap. This token has seen significant movements in the market, with its value showing noteworthy increases and declines over short periods. For those looking to explore more about its current rates, CoinGecko provides live updates.
The upcoming Season 2 of Meme Kombat promises enhanced features, including new battle types and more rewards. The team aims to build on the success of Season 1, which has already made a mark in the gaming space. Detailed updates and plans for the new season can be found on the Meme Kombat official site.
Key Takeaways
- Meme Kombat is inspired by the Mortal Kombat video game franchise.
- It features unique battle mechanics and potential rewards for participants.
- Season 2 introduces new battle types and builds on the success of the first season.
Overview of Meme Kombat Coin
Meme Kombat Coin (MK) is a cryptocurrency that has seen notable price movements and market interest. It offers unique features while being part of the larger meme coin trend in the cryptocurrency space.
Origin and History
Meme Kombat Coin was created as part of the meme coin phenomenon, which started with coins like Dogecoin. The focus is on community engagement and entertainment value rather than traditional financial goals.
MK’s launch date isn’t clear from the search results, but it has attracted a notable following. On March 9, 2024, MK reached an all-time high of $0.8538. This peak showcases its growing popularity and market interest.
Key Features
Meme Kombat Coin has several unique features that set it apart. One significant aspect is its high volatility in the market, with prices experiencing sharp rises and falls. For example, MK had a 103.541% price increase within one week tracked recently.
Circulating Supply: The exact circulating supply isn’t reported, adding to the coin’s speculative nature. However, the maximum supply is 120,000,000 MK coins. This high max supply suggests potential for both long-term growth and volatility.
Token Purpose
The primary purpose of Meme Kombat Coin is speculative trading and community engagement. It thrives on social media buzz and the entertainment value of its meme-oriented nature more than any practical financial use case.
Trading volume and rapid price changes are driven by community involvement and hype. For instance, the 24-hour trading volume varies greatly, sometimes reaching up to $313.41K, highlighting active trading moments.
In summary, Meme Kombat Coin presents an exciting yet risky option within the cryptocurrency market. Its value largely hinges on market interest and community influence rather than intrinsic utility or stable financial fundamentals.
Meme Kombat Tokenomics
Meme Kombat’s tokenomics are essential for understanding its market behavior and future value. Key elements include the total supply, circulating supply, max supply, and emission schedule of the MK tokens.
Total Supply
Meme Kombat has a total supply set at 120 million MK tokens. This defines the upper limit of how many tokens can ever exist. By having a fixed total supply, Meme Kombat aims to control inflation and maintain scarcity, which can positively impact the token’s value in the long term. The total supply also influences investor decisions and market sentiment, making it a crucial figure for anyone interested in the token.
Circulating Supply
As of now, the circulating supply of Meme Kombat tokens is not readily available. This figure is significant because it represents the number of tokens actively traded and available in the market. The circulating supply can affect the token’s liquidity and its price volatility. Investors should keep an eye on updates regarding the circulating supply, as it can provide insights into the token’s current market dynamics and liquidity status.
Max Supply
The max supply of Meme Kombat is capped at 120 million MK tokens, meaning no more tokens can be minted beyond this limit. This cap is crucial for maintaining the token’s value by preventing unchecked inflation. A hard cap on the max supply assures investors that the token’s creation is regulated, which can build trust and confidence in the tokenomics model. It also sets a clear limit on how much dilution can occur over time.
Emission Schedule
The emission schedule details how and when new tokens are introduced into the market. For Meme Kombat, this involves a phased release of tokens to ensure gradual and controlled minting. The emission schedule affects both short-term and long-term price stability. It is designed to balance the immediate needs of the ecosystem with long-term growth. Staying informed about the emission schedule helps investors understand potential changes in token supply and their impact on market prices.
By understanding these aspects of Meme Kombat’s tokenomics, investors can make more informed decisions about engaging with the MK token. This structured approach to token management aims to support both value retention and market stability.
Market Analysis
Meme Kombat (MK) has seen notable price volatility, including a significant price increase over the past week despite a recent decline. The trading volume has fluctuated, reflecting changing investor interest.
Historical Price Movements
Meme Kombat has experienced significant price changes since its inception. In the last seven days, it saw a 73.85% increase in value, despite a -9.28% decline in the past 24 hours.
This fluctuation indicates high volatility. Earlier this year, the price reached an all-time high of $0.8538 on March 9, 2024. Currently, it is trading at approximately $0.181. Compared to broader market trends, Meme Kombat has underperformed, with broader crypto markets up by 7.50%.
All-Time High and Low
Meme Kombat’s all-time high was $0.8538, achieved on March 9, 2024. This peak reflects significant interest and trading activity during that period. The all-time low was recently noted at £0.088174 (around $0.11) against the British Pound, indicating a substantial drop from its peak.
Recent data shows a price of $0.181, down -78.33% from its all-time high but demonstrating potential for future rebounds. Such drastic changes highlight the coin’s volatility.
Market Cap and Volume
As of now, Meme Kombat does not have publicly available data on its market cap. The lack of a reported circulating supply complicates this. However, the trading volume is indicative of investor activity and interest.
The 24-hour trading volume is reported at $180,734.90 on one platform and $313,410 on another. These numbers illustrate fluctuating interest among traders. Despite limited data on market cap, the trading volume signifies ongoing interest in the coin.
Meme Kombat’s ranking is #3819 on CoinMarketCap, suggesting it is not yet a dominant player in the crypto market. This rank may change as more data becomes available and trading activity increases.
Trading Meme Kombat Coin
Meme Kombat Coin (MK) has gained interest in the crypto community. Understanding how to buy and sell, where it can be traded, what the trading volume looks like, and analyzing the price chart are crucial for any investor.
How to Buy and Sell
To buy Meme Kombat Coin, you typically need an account on a crypto exchange. It is currently available for purchase on platforms like Uniswap v2. Buyers need to have some ETH in their wallets to trade for MK. After purchasing, MK can be stored in a digital wallet that supports ERC-20 tokens.
Selling is just as straightforward. Convert MK back to ETH or USD on the same exchange where you bought it. Confirm the transaction details and pay any trading fees associated with the sale.
Exchanges
Meme Kombat Coin is listed on both decentralized exchanges (DEX) and centralized exchanges (CEX). Uniswap v2 is a popular choice for DEX users, offering trades directly between peers without a middleman. Centralized options might be limited currently, but DEX platforms offer high liquidity and a diverse trading community.
Visit platforms like CoinMarketCap and CoinGecko to check the latest exchange listings and updates.
Trading Volume
The trading volume of Meme Kombat Coin reflects its market activity. For instance, the 24-hour trading volume was recently reported to be $180,734.90. A higher volume typically indicates strong interest and market confidence, whereas a lower volume might suggest less activity and potential liquidity challenges.
Tracking this metric on sites like CoinMarketCap helps traders make informed decisions and gauge the coin’s popularity.
Price Chart Analysis
Analyzing the price chart of Meme Kombat Coin involves looking at historical data to project future trends. Recently, the price was noted to be $0.181, showing a decline of -9.28% in the last 24 hours. However, the coin experienced a 73.85% increase in the past 7 days.
Charts typically include indicators such as moving averages and volume bars. Monitoring these can help identify buying or selling opportunities. Regularly checking platforms like CoinGecko provides updated and accurate chart information.
Investment Potential
Meme Kombat coin has captured the interest of investors due to its unique combination of meme coins and play-to-earn gaming. This chapter explores the likely price movements and growth opportunities.
Price Speculation
Analysts have provided various predictions for Meme Kombat. Prices could see significant changes based on market trends, project developments, and investor interest. For example, there are projections that the coin could reach high valuations by 2025. Crypto News mentions possible lows around $0.2 and highs up to $0.287 for 2024, showing substantial price fluctuation potential.
On the other side, more bullish predictions expect a bigger increase. Some foresee the coin potentially hitting $1 by the end of 2025. It’s crucial to note these projections highlight the speculative nature of Meme Kombat, advising investors to consider the high risk involved.
Growth Prospects
Meme Kombat’s potential growth stems from its innovative approach combining P2E gaming and meme coin characteristics. The play-to-earn (P2E) sector is anticipated to expand, which could positively influence Meme Kombat’s growth. The project’s unique virtual battle arena, where users can bet on animated meme fights, adds a dynamic edge, drawing attention from various crypto communities.
Furthermore, strong fundraising efforts in presales, like the $8.4 million raised, indicate robust investor interest. The involvement of different meme communities can provide a loyal user base, driving further growth prospects. This integrated approach offers a promising outlook, but like any new investment, it carries inherent risks.
Integration and Usability
Meme Kombat Coin integrates advanced technology into its gaming platform. The coin’s usability is enhanced through its app functionality, allowing users to engage in battles and manage staking.
Gaming Platform Integration
Meme Kombat combines cryptocurrency with gaming. The platform uses the latest blockchain technology to ensure transparent and secure transactions. This is crucial for maintaining trust and integrity in the gaming community. Players can participate in epic battles featuring various meme coin characters.
Key Features:
- Blockchain Integration: Ensures secure and transparent transactions.
- Epic Battles: Engage in fights featuring popular meme coin characters.
- Community Rewards: Encourages participation and engagement with incentives.
Players can see their progress and rewards in real-time. This real-time interaction enhances the gaming experience. The integration also supports off-chain processing, improving the platform’s speed and efficiency.
App Functionality
The Meme Kombat app brings ease of use to its users. Through the app, players can engage in battles, stake their coins, and track their performance. The app is designed to be user-friendly, with an intuitive interface.
Main Features:
- User-Friendly Interface: Easy navigation for all users.
- Staking: Enables users to stake their Meme Kombat coins and earn rewards.
- Performance Tracking: Allows users to monitor their progress and earnings.
The app ensures smooth interaction with the gaming platform. It supports notifications to keep users updated on new battles and staking opportunities. This functionality makes it convenient for users to stay engaged and maximize their participation.
Security and Storage
Proper security and storage are crucial for managing Meme Kombat Coin (MK). Users need to be aware of the best practices for cryptocurrency wallets and protecting their private keys to ensure their investments remain safe.
Cryptocurrency Wallets
Meme Kombat Coin (MK) operates on the Ethereum network, meaning it uses ERC-20 compatible wallets. Popular choices include Ledger, Trezor, MyEtherWallet, and MyCrypto.
Hot wallets, often web-based, offer convenience for frequent transactions. Examples are MetaMask and Trust Wallet. They connect directly to the internet, which makes them more vulnerable to hacks.
Cold wallets, like hardware wallets (Ledger, Trezor) or paper wallets, store private keys offline. These are more secure but less convenient for everyday use.
Protecting Private Keys
Maintaining the security of private keys is vital. Private keys grant control over the cryptocurrency, and if lost or compromised, the coins can be stolen or become inaccessible.
Use two-factor authentication (2FA) on all accounts connected to MK transactions. This adds an extra layer of security but should be used alongside other measures.
Never share private keys with anyone. Store them securely, preferably offline. A password manager can help keep digital copies safe, but physical copies should be stored in a secure location, such as a safe.
Being aware of phishing schemes is also important. Scammers may attempt to trick users into revealing their private keys through fake websites or emails. Always verify the legitimacy of sources before entering sensitive information.
Liquidity and Financial Health
Meme Kombat (MK) shows varied liquidity levels. The reports indicate its trading volume as significant, although fluctuating.
One source shows a 24-hour trading volume of $180,734.90. This suggests active engagement in the market. Furthermore, it is essential to highlight that liquidity may vary across platforms.
Mk to GBP Conversion
| Amount (MK) | Amount (GBP) |
|---|---|
| 1 | £0.08817 |
| 5 | £0.440868 |
| 567.06 | £50.00 |
The conversion rates for MK suggest a reasonably stable exchange rate with GBP.
Regarding its fully diluted valuation (FDV), available data does not yet provide specific figures.
Speculation in stablecoins such as USDT is typical for ensuring liquidity but there is no info indicating that USDT is used directly in Meme Kombat transactions.
Meme Kombat’s total token supply stands at 120,000,000 with thirty percent set aside for staking and battle rewards. This allocation impacts liquidity positively by providing incentives for holding and using the coin.
The financial health of Meme Kombat can also be assessed through its market cap standings, although the exact circulating supply remains unreported. It is currently ranked #2133 in market cap, suggesting a niche but growing presence in the cryptocurrency market.
Community and Ecosystem
Meme Kombat boasts a vibrant community and a dynamic ecosystem. These developments cater to holders, enthusiasts, and players, encouraging engagement and further development in the platform.
Holder Community
The holder community of Meme Kombat is highly active and dedicated. They primarily interact through platforms like Telegram, where they share insights, strategies, and updates about the coin. This community is crucial as it provides continuous support and feedback, shaping the future of Meme Kombat.
The project founders, especially Matt Whiteman, maintain transparency, reinforcing trust among holders. Regular updates and interactions with the lead team ensure that community voices are heard, fostering a sense of belonging and commitment.
- Regular updates by founders
- Active discussions on Telegram
- Transparent communication
Ecosystem Development
Meme Kombat’s ecosystem integrates memes and gaming, creating a unique blend of entertainment and crypto investment. The platform utilizes the Ethereum blockchain, which offers robustness and security.
Participants can engage in AI-powered battles, enhancing player interaction and excitement. The native utility token, MK, is pivotal, allowing users to stake tokens for high APYs. This staking mechanism draws in more enthusiasts and incentivizes active participation within the ecosystem.
- AI-powered gaming
- High APY staking
- Ethereum-based framework
These features highlight Meme Kombat’s dedication to evolving its ecosystem in tandem with community needs and market trends. By combining crypto technology with engaging gaming elements, Meme Kombat attracts a diverse and active user base.
Regulatory and Legal Aspects
When dealing with a cryptocurrency like Meme Kombat Coin, it is crucial to understand regulatory and legal considerations. These include how endorsements are handled and the need for legal disclaimers.
Cryptocurrency Endorsement
Endorsements for Meme Kombat Coin, like any other cryptocurrency, must adhere to strict guidelines. Promoting financial products typically involves regulations to prevent misleading claims. Celebrities and influencers endorsing Meme Kombat Coin should disclose their financial interests clearly.
Regulators, such as the U.S. Securities and Exchange Commission, have taken steps to monitor and control such activities. Endorsements should be backed by thorough research to ensure they provide accurate information to potential investors. It’s vital that any recommendation be transparent and based on verified data to avoid legal complications.
Legal Disclaimer
A legal disclaimer is essential for any entity involved with Meme Kombat Coin. This includes advising investors about the inherent risks associated with investing in meme coins. Legal disclaimers help protect the issuing company from liability.
Investors should be aware that, according to current regulations, meme coins may face significant legal uncertainties. These disclaimers must be prominent in any promotional material. A well-crafted disclaimer informs potential investors that meme coins, including Meme Kombat Coin, are subject to high volatility and regulatory scrutiny, which can impact their value and legal status.
Additional Information
The following sections offer insights into Blockchain news and updates along with available Cryptocurrency APIs, focusing on tools like the CoinGecko cryptocurrency data API.
Blockchain News and Updates
Meme Kombat has gained significant attention in the crypto world. Recent news highlights its progress, including a successful presale where it raised over six million dollars. This early success has piqued interest among investors and enthusiasts. Adding to its appeal, Meme Kombat leverages the Ethereum blockchain to offer a platform where participants can engage in AI-powered battles and stake tokens.
Updates from platforms like CoinGecko and CoinMarketCap provide real-time data on price movements and trading volumes. For instance, in the past week, Meme Kombat saw a price increase of up to 73.85%.
Cryptocurrency APIs
For those interested in tracking Meme Kombat and other cryptocurrencies, APIs are essential tools. The CoinGecko cryptocurrency data API offers features that allow developers to track changes in price, trading volume, and other vital metrics. These APIs provide real-time data which is crucial for making informed investment decisions.
Another useful API is from CoinMarketCap. It offers similar functionalities, enabling users to access live updates on Meme Kombat’s price and market performance. Both APIs help users stay informed about the latest developments and market trends, providing valuable insights into the cryptocurrency market.
Frequently Asked Questions
This section answers common questions about Meme Kombat Coin, including its price, predictions, trading listings, initial offering, purchase methods, and launch date.
How can I check the current price of Meme Kombat Coin?
The current price of Meme Kombat Coin can be checked on various cryptocurrency tracking sites like CoinGecko and CoinMarketCap. These platforms provide up-to-date price data and trading volumes.
What are the predictions for Meme Kombat Coin’s future value?
Predictions for the future value of Meme Kombat Coin vary widely, depending on market trends and investor interest. It’s important to keep track of expert analyses and consider both potential gains and risks associated with investing in Meme Kombat.
Where is Meme Kombat Coin listed for trading?
Meme Kombat Coin is listed on several cryptocurrency exchanges. Users can buy, sell, and trade the coin on these platforms. To find a specific exchange where it is listed, users can visit tracking websites like CoinGecko and CoinMarketCap.
What was the initial offering price of Meme Kombat Coin during its presale?
The initial offering price of Meme Kombat Coin during its presale phase is not specified in the search results but would typically be found in the official announcements or the project’s whitepaper. For precise historical data, it is recommended to check official sources or credible financial news websites.
How can I purchase Meme Kombat Coin?
To purchase Meme Kombat Coin, users can follow guides available on cryptocurrency news websites like Crypto News. These guides detail the steps involved in buying the coin on various exchanges and the necessary prerequisites.
When was Meme Kombat Coin originally launched?
The exact original launch date of Meme Kombat Coin is not mentioned in the provided search results. Typically, launch dates can be found on the project’s official website or through major crypto news outlets. Checking these sources will provide accurate information.
