Olympic Memecoins Are Here – Check Them Out!

YEREVAN (CoinChapter.com) — The 2024 Paris Olympics have inspired a new trend: athletes’ names being turned into memecoins and traded on the open market. This unique phenomenon brings together sports fans and crypto traders, blending sports culture with digital currency.

Memecoin Mania at the 2024 Olympics

As the Paris Olympics continue, interest in Olympic memecoins grows. These tokens are linked to the excitement of the Games and are gaining traction.

The Meme Games ($MGMES)

The Meme Games ($MGMES) is an Ethereum-based token associated with the 2024 Olympics. It features a unique 169-meter dash event with characters like Dogecoin and Pepe. The token offers a high 1,218% APY for staking. In just 24 hours, the presale raised $130,000, indicating strong investor interest.

PlayDoge ($PLAY)

PlayDoge ($PLAY) combines meme culture with nostalgia. It’s an Ethereum-based project where players care for a virtual Doge pet. The game includes mini-games and leaderboards to enhance user engagement. PlayDoge offers an annual staking yield of 84%. The project is backed by notable crypto traders and influencers.

Mega Dice Token ($DICE)

Mega Dice Token ($DICE) is the currency for a Solana-based online gaming platform. It provides token holders with a share in the platform’s profits and access to premium content. The project has an airdrop campaign distributing $2.25 million across three seasons. The presale raised $1.6 million, showcasing the token’s appeal.

DIKEC Token: Inspired by Yusuf Dikec’s Performance

Turkish shooter Yusuf Dikec gained attention during the 2024 Olympics. He won a silver medal in the mixed 10m Air Pistol event without using the usual shooting gear.

His relaxed approach and minimal equipment sparked interest, leading to the creation of 12 different DIKEC tokens. These tokens have market capitalizations ranging from a few thousand dollars to $393,000. The most prominent DIKEC token reached $0.0008 before stabilizing at $0.0003.

Other Notable Olympic Memecoins

Kim Ye-ji, a 31-year-old South Korean pistol shooter, has become a breakout star at the Paris Olympics, capturing widespread social media attention with her silver medal win in the 10-meter air pistol women’s event. Her striking style, featuring futuristic steampunk-esque glasses and a fierce demeanor, has drawn comparisons to James Bond and the manga character Satoru Gojo.

Kim Ye-Ji inspired a token named YEJI, quickly adopted by the crypto community. The token has shown significant activity on the market, as depicted in the chart. On Raydium, YEJI/SOL saw a high of 0.0001126 and a low of 0.0001045, with a current price of 0.0001045. The trading volume reached 3.995K, reflecting the strong interest in this memecoin.

During the Paris Olympics, Algerian boxer Imane Khelif secured her first Olympic victory when Italian opponent Angela Carini abruptly quit their match after just 46 seconds. Carini cited severe pain in her nose from Khelif’s punches as the reason for her decision, a rare occurrence in Olympic boxing. This controversial match, coupled with Khelif’s previous disqualification from the 2023 world championships over a gender eligibility issue, sparked significant media attention.

In response to the incident, tokens like “IStandWithAngelaCarini” were created in the cryptocurrency market, one of which reached a 24-hour trading volume of $521,000 and a market cap of $45,000.
Platforms like Solana DEX are tracking these Olympic memecoins, reflecting the digital world’s response to the athletes’ performances.

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