Meme Coin Prices Plunge, But Here’s One That Might Outperform Them All

Meme Coin Prices Plunge, But Here’s One That Might Outperform Them All

Crypto Writer
     

    The crypto community is going through a rough period this month, with the majority of the meme coins now trading “in red”. The prices of several well-popular meme coins have taken a hit in recent weeks. However, even days like this do not stop us from researching new meme coins.

    Let’s look into the details of why one new meme coin, Fight Night, could potentially stand out.

    Recent Drop in Meme Coin Prices

    In the past few days, the prices of popular meme coins have seen a sharp drop. Coins like Dogecoin, Shiba Inu, and particularly Pepe Coin, which have been pumping and hitting new ATHs, have now reversed their course. Market sentiment has suddenly shifted as Bitcoin dropped below $ 68,000. This has caused many investors to be cautious about meme coins.

    As a result, many are now searching for the next big meme coin that could potentially deliver strong returns despite the current market conditions.

    Meme Coin Prices Plunge, But Here’s One That Might Outperform Them All | DeviceDaily.com

    Why Fight Night Stands Out?

    Despite this slow meme coin price action, Fight Night is here, and it is trying to do things differently:

    • Fight Night’s whole theme centers around boxing. The story features legendary boxer Mike Tyson, who enters a pixelated world. Tyson meets Muhammad Ali there, where Ali gives Tyson magical gloves to fight against Jake and his crew. This story ties in directly with the upcoming boxing match between Tyson and Jake Paul.
    • Fight Night involves a real celebrity storyline, unlike certain meme coins that just showcase a cat or a dog. This feature differentiates Fight Night from other meme coins.
    • The team leveraged various media channels and powerful social marketing through Key Opinion Leaders (KOL) to market the meme coin. 
    • Fight Night is also committed to giving back to the community by donating to charitable causes. These contributions include donations to Binance Charity, the Opioid Awareness Foundation, Breast Cancer research, UNICEF, and Parkinson’s research. 
    • Fight Night plans to list its token on major centralized exchanges (CEX). As we have seen with numerous other coins, listing on CEX helps a project greatly with exposure and accessibility.

    The coin has also earned attention from photographer and influencer Rudy Bundini, who has over 5.1 million followers on Instagram.

    Well Mapped Out Roadmap

    Fight Night’s roadmap shares a clear vision for its future plans. It consists of 4 phases, here are the details:

    Phase 1: Planning and Preparation

    The initial phase focused on building a strong foundation. This included developing a catchy storyline. A private sale is also open now, aiming to raise funds for the project.

    Phase 2: Launch and Presale

    The second phase involved the official launch of the Fight Night website, the release of smart contracts, and the launch of the whitepaper.

    During this phase, Fight Night also plans to launch a web3 financial wallet and staking platform.

    Phase 3: Technology and Listings

    The third phase includes launching a web3 game, an AI video platform, and a webtoon.

    Phase 4: Growth and Stabilization

    Fight Night targets one million active users, 100,000 token holders, and one million community supporters.

    To participate in the ICO and buy FNIO tokens, follow these steps:

    1. Connect Your Wallet: Ensure you have a Wallet Connect, Best Wallet or Coinbase Wallet set up. Visit the Fight Night website to connect your wallet.
    2. Purchase Tokens: FNIO tokens can be purchased using ETH or USDT. Follow the instructions on the website to complete your purchase.

    As the prices of other meme coins continue to drop, Fight Night has made its entry with its different theme and storyline. 

    The presale is now open, and boxing lovers should potentially keep this coin on their watchlist. With millions of viewers waiting for the Mike Tyson and Jake Paul match, this meme coin could potentially pump in the coming months.

    Follow Fight Night social media channels: Fight Night Presale 

    Website | Twitter | Telegram | Instagram

    The post Meme Coin Prices Plunge, But Here’s One That Might Outperform Them All appeared first on ReadWrite.

    ReadWrite

    James Spillane

    Crypto Writer

    James Spillane is a crypto trader and writer, producing analytical articles for ReadWrite on the latest market trends and price action of trending assets. Hailing from the UK, James is a BSc Physics graduate from Imperial College London and former Cadet Force Adult Volunteer with Bedfordshire & Hertfordshire Army Cadet Force. When not writing and editing, James enjoys working out and travelling, currently working remotely in South East Asia. James’ latest coverage focuses on the growing meme coin market, tracking assets like Dogecoin and Shiba Inu and newer contenders to their market share.

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