Move Over DOGE and PEPE: These Are the Meme Coins Everyone Is Investing In

The post Move Over DOGE and PEPE: These Are the Meme Coins Everyone Is Investing In appeared first on Coinpedia Fintech News

Everyone wants to know which the next big meme coin is. It can be hard to discover these, but every now and then, a meme coin is so obviously special that investors just flock to it. Mr. Hankey Coin (HANKEY) is a perfect example, and another one worth mentioning is Wall St Memes (WSM).

These tokens have taken over the crypto market, and that’s clearly visible. Investors see these tokens as a great way to boost their portfolio, and it’s clear why. We explain why they feel this way about HANKEY and WSM here.

Mr. Hankey Coin is A Tongue-in-Cheek Meme Coin

HANKEY represents a “community of proud plumbers” who find humour in the nature of meme coins. It’s unlikely that you’ll encounter another token like this anytime soon. This project embodies self-referential irony to the maximum extent. The combination of involving a well-known fictional character and its release timing within the crypto market suggests the potential for significant growth throughout the year.

As is obvious, Mr. Hankey Coin unconventionally presents itself as “not so shiny, a tad bit smelly, and proud of it!” Few cryptocurrency tokens adopt such an approach to introduce themselves, but that’s precisely what adds to HANKEY’s uniqueness.

The project boldly declares that it embodies the idea of abandoning the pursuit of being the next Bitcoin and embracing its inner “turd.” It discards the allure and glitter, immersing itself entirely in the realm of reality’s toilet.

These statements are pretty audacious and effectively leave an impression. Essentially, HANKEY is a complete “shitcoin” with no inherent purpose other than explicitly acknowledging its lack of purpose. As you may have noticed, the coin draws its name from one of South Park’s most notable creations.

HANKEY is an ERC-20 token. According to the “how it works” section on the project’s “brownpaper”, the token is described as “This is not rocket science, folks. You purchase tokens, hold onto them, and witness your wallet grow like Kenny after discovering a golden ticket to the Cheesy Poof factory. Simple, right? As Chef would say, ‘Hello there, children!'”

The HANKEY presale gained the crypto community’s attention even before the presale began, as the hype was so strong. On July 13, the launch occurred, featuring 40% of the total supply of 1 billion HANKEY tokens designated for the presale. This means 400 million HANKEY tokens are available for acquisition during the presale. An additional 400 million HANKEY tokens have been reserved for liquidity purposes, with 100 million allocated for marketing, 50 million for the team, and 50 million for future listing on centralized exchanges.

Further details on the project will be provided in the weeks to come. Interested individuals are encouraged to explore the project’s website and social channels to gather as much information as possible.

WSM is Changing the Nature of Meme Coins

This a special kind of project that has raised millions in its presale. Born out of grassroots digital movements, Wall St Memes has emerged as a platform or community closely associated with the GameStop controversy and the Wall Street Bets movement. It skillfully merges elements of internet culture, meme-based humour, and the financial industry. The primary objective of Wall St Memes is to humorously critique and satirize the traditional financial system while also allowing individuals to participate in cryptocurrency investments, specifically focusing on meme coins.

Wall St Memes translates this movement into a tokenized representation by introducing its cryptocurrency, the $WSM token. By becoming part of the Wall St Memes community and investing in $WSM, individuals can demonstrate their support for the movement while potentially earning profits from meme-based cryptocurrencies.

The WSM token is currently in its presale phase, priced at $0.0316, with an upcoming increase to $0.0319 in the next stage. The project has already achieved over $14.4 million in funding, illustrating the promising success of this well-received venture.

Individuals interested in participating can obtain the token using either ETH or USDT, as the WSM team strongly emphasises transparency regarding the project’s tokenomics. The presale allocation represents 50% of the total token supply, with an additional 30% for community rewards. The remaining 20% is evenly distributed between CEX and DEX liquidity pools.

Conclusion

It should be clear why there is so much drive behind both HANKEY and WSM now. These tokens are spinning new ideas out of the basic meme coin premise, and it has caught the attention of investors. It’s well worth looking at these projects’ presales and social channels to learn more about them.