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Mpeppe (MPEPE) is a new meme crypto project inspired by the popular crypto Pepe and professional footballer Kylian Mbappé. The project’s website describes this crypto as a “beacon for uniting global soccer enthusiasts through the power of crypto and sports-related memes.”
The platform also plans to create a sports betting ecosystem and introduce other perks. Can it leverage these factors and achieve growth after the conclusion of its presale?
What is MPEPE?
MPEPE is described as a revolutionary meme cryptocurrency that brings sports fandom and blockchain innovation together.
Inspired by the popular soccer player Mbappe, this new meme coin project claims to leverage robust blockchain technology and create a betting and gaming system, creating a vibrant community that fosters engagement and organizes fun sports-related events.
The token is built on the Ethereum blockchain and has a maximum supply of 7.6 billion. The presale, which will last multiple stages, has set the initial cost of one token at $0.00077.
MPEPE Tokenomics
MPEPE’s tokenomics is deeply focused on the project itself. Out of the total supply, 50% will go to the presale. The remaining tokens will be distributed among liquidity, MPEPE Games and Sports Betting, MPEPE agents, and Mbappe treasury.
The platform hasn’t highlighted who MPEPE agents are. However, one can postulate that the term refers to the team or marketers who are spreading the word about the token through social media.
What are the Core Functionalities of Mpeppe Tokens?
MPEPE token has highlighted standard core functionalities. Investors are said to be able to stake their MPEPE tokens to DeFi liquidity pools and earn rewards.
When it comes to gamers, MPEPE can be used in the gaming applications mentioned on the project’s website.
One key feature that the platform has also highlighted is Player Card NFTs. These cards will reportedly feature players in their “Pepe form,” a factor that MPEPE claims will create a fun community. The NFTs will be limited to 420, and no more will be created later.
A Look At Mpeppe’s Roadmap
The roadmap of this project is standard.
The first phase concerned the token’s release and audit. The second stage is focused on creating a gaming snippet, organizing airdrops, and marketing the project so that its presale sells out early.
With the third stage, staking will reportedly arrive in the MPEPE ecosystem, and the devs will attempt to make this token go live on tier-2 exchanges.
During the final stage, multiple gaming apps will reportedly be created, and attempts will be made to put this token live on tier-1 centralized cryptocurrency exchanges.
Is Mpeppe a Good Investment?
Multiple factors can be considered positive for the MPEPE ecosystem. The unique addition of the PEPE mascot, the combination of sports and memes, and the formulation of a roadmap that may create a mobile gaming application are all good points.
However, there are some negatives too that we can’t ignore.
For one, the platform’s social media presence is not up to par. Even though the Twitter page was created in April, it only has 368 followers to date, which shows the lack of interest in this meme coin.
Furthermore, MPEPE has added a niche appeal to an otherwise all-encompassing Pepe, narrowing the number of investors who may find it interesting.
Also, even though many of MPEPE’s goals are ambitious, nothing tangible has been presented to the community so far.
That said, the project has raised more than $220k to date, which means it has an audience. Furthermore, a recent press release from Coinpedia said that a PEPE whale has shifted to MPEPE.
MPEPE Price Prediction
Once the token’s presale ends, MPEPE will likely move up in price with confidence returning to the market – at the time of writing Bitcoin has reclaimed the $62k level. The degree of its increase, however, will depend on the size of its community and the engagement that the project receives.
That said, we can expect the MPEPE price to go 2x or even 3x since meme coins have historically inflated after landing on cryptocurrency exchanges.
However, the only way Mpepe can become a significant influence within the crypto space over the long term is if investors see an application.
Pepe Unchained – New Meme Coin Alternative to Mpeppe
While MPEPE has some good points that could boost its value, it has yet to command a large social media following.
Pepe Unchained launched in May, a month after MPEPE, and has managed to gain over 6.9k followers to date. Furthermore, the community is responding to it positively.
Pepe Unchained is another Pepe-inspired meme coin. However, this project taps into the traditional Pepe community by “unshackling” itself from Ethereum’s layer 1 chain and creating its own layer 2 blockchain that gives it several benefits.
Users will be able to enjoy faster transaction speeds and lower fees. Additionally, the project doubles the staking rewards.
Influencers like Clinix Crypto have viewed it positively, and Jacob Crypto Bury has stated that it may have 10x potential.
Crypto Gains has suggested that investors may even be able to make 100x their investments in this new meme token, in the most bullish case.
Other prolific crypto analysts, like 99Bitcoins, have said that this Pepe Layer 2 token will continue to be in demand.
Stock Investor, who reviewed MPEPE, also reviewed PEPU in a recent video.
With over $3.5 million raised already, the demand for this token is high. Those interested in this alternative to PEPE should go to the official website (beware of imitators) and check out the new meme coin’s full roadmap.
Visit Pepe Unchained
*Cryptonomist did not write the article or test the platform.