Solympics Meme Coin Price Explodes - Top Trending Crypto With Bitcoin, Ethereum
Solympics, a cat-themed meme coin inspired by the Olympic Games, has exploded on the price chart a few hours ahead of the scheduled 2024 Paris Olympics. Rising by 41% in the last 24 hours, the token is trending alongside crypto giants like Bitcoin and Ethereum.
Solympics Up by 41%
Over the last 24 hours, Solympics (SOLYMPICS) has risen by more than 41%. Since its launch on July 22, 2024, the SOLYMPICS price has experienced a 140% increase. At present, this low-cap crypto has a market capitalization of just above $2.7 million.
What is Solympics?
Solympics is a meme coin project showcasing its cat-based meme characters as competitors going against each other in the Olympic games.
This Solana-based meme coin, which has been described as “Solana’s memeable force meets the world’s favorite contest,” emerged as a surprise launch on Raydium and gained traction quickly thanks to its meme-atic roots.
However, a deeper insight into the project’s official website reveals that it has other ambitions as well.
One of the core use cases highlighted by Solympics is Lottery NFT, an approach that ties projects to the Olympics.
Lottery NFTs consist of 1100 unique NFTs represented by 10*(+1) wild cards represented by different countries and featuring 100 sporting events.
These NFTs are divided into tiers of Silver, Gold, and Bronze, with prizes set for each. NFT distribution strategy is based on how many $SOLYMPICS tokens people have purchased. To become eligible for the NFT, a person has to buy at least 50,000 Solympics tokens.
Lottery
— Solympics (@Solympics2024) July 25, 2024
Limit: 1 NFT per transaction
Eligibility: Hold at least 50,000 $SOLYMPICS
🎁 Daily Giveaways:#GOLD
≈ $50#SILVER
≈ $25#BRONZE
≈ $10
During the Olympic events, we’ll have special giveaways for our Gold, Silver, and Bronze NFT holders.
How to Win: Hold an NFT of… pic.twitter.com/7Z5DY3ZiO5
When the Olympic games begin, prizes will be dispensed among holders depending on the type of NFTs they hold.
Solympics Tokenomics and Roadmap
Solympics has taken an inclusive route towards its tokenomics by burning 100% of its liquidity and renouncing its smart contract. With a 0% buy tax and 0% sell tax, this project has given the community complete control over the project.
And just like most meme coin projects with limited use cases, Solympics has also opted for a simplified roadmap.
The project has created a lot of buzz on social media with its Lottery Ticket and intends to keep the engagement ball rolling until the Olympics are over. Afterward, it is set to release merch based on cat memes and pursue more viral actions to gain more traction on the market.
Solympics Price Prediction - Can it Go Up Further?
Solympics’ current price action shows that the excitement around it is in full swing thanks to the Olympic games. Considering that lottery NFTs are dropping soon, it is likely that the buzz around this meme coin will remain high until the Olympics are concluded.
Therefore, this project holds immense value as a short-term asset. Tying the NFTs to the games has fuelled the volatility around it, creating excitement, which can potentially attract more degen investors.
The entire price action around the Solympics is very spiky, making it difficult to make a precise prediction.
However, as the project is fueled by excitement around the Olympics, it could reach a new all-time high and even surpass it in the coming days.
Our conservative estimate is that the token’s value may rise by 138% within the next few days if it is able to tap into the full excitement around the Olympic games.
The token trending between Bitcoin and Ethereum will also help as interested parties may want to check out what this project is all about, enhancing the project’s exposure.
The Meme Games - Olympic-Themed Meme Coin with Meme Athletes
Solympics has continued to attract a massive following, leveraging the Olympics and tapping into cat themes and Solana meme coin narratives. This makes it a good investment for degen traders as well as Olympic enthusiasts.
However, Solympics is not the only Olympic “athlete” in this crypto arena.
The Meme Games has also entered the stage, creating a unique ecosystem in which presale investors can earn bonuses by backing their favorite meme athletes.
This meme coin project brings mascots from five leading meme coins together: Brett, Dogecoin, Turbo, Pepe, and Dogwifhat. Dressed as athletes, they are ready to race in a 169m dash and reach the first position in the virtual Olympics within the Blockchain environment.
Presale investors can pick a meme athlete to support as they invest in the presale. If the character wins the dash, these investors will win a 25% bonus. Multiple entries are available as enthusiasts can invest in this project multiple times and gain a chance to support a meme athlete every time.
With a fair and randomized chance of wins, The Meme Games creates a unique gaming ecosystem with a gamified presale.
The presale is running parallel to the Olympics. The token will be listed on April 10, 2024, a few hours after the Games’ closing ceremony.
Due to such straightforward features, many YouTubers, like 99Bitcoins, have talked about The Meme Games’ potential to 100x after listing.
Like Solympics, interest in this crypto is also high, with over $260k raised so far. At the time of writing, it is available at a discount price of $0.0091. Those interested should visit memegamestoken.com to participate in the presale today.
For more insights into the project, follow The Meme Games on Twitter and Telegram.
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