Most shitcoins fail because they manage to build a loyal and committed fan base who subscribe to the general message of the tokens.
It doesn’t matter if that message is tongue-in-cheek or a serious value proposition: As long as a project can get people to buy it, a meme coin can work just fine.
The team behind Mr Hankey Coin understands this.
Mr Hankey Coin perfectly taps into the viral themes of South Park, one of the most successful and culturally impactful cartoons of all time, and the idea that the label “shitcoin”, once used as a pejorative, now means opportunity.
And while the Mr Hankey Coin pre-sale has yet to go live, the project is already seeing significant traction on social media.
The official Mr Hankey Coin Twitter page (@MrHankeythecoin) already has more than 7,000 followers, while the project Telegram it is rapidly approaching 1,500.
If you haven't noticed the Mr. Hankey presale is getting noticed. The line is forming and people are eager for this 💩 Follow the official Twitter account and turn notifications on.
The enthusiastic uptake on social media suggests that the $HANKEY pre-sale is likely to get off to a strong start.
Mass DEX liquidity block to ensure smooth trading conditions
The Mr Hankey Coin team is committed to providing a smooth token trading environment with well-oiled market liquidity.
The project committed to dedicating 40% of its token supply to decentralized exchange (DEX) liquidity.
That’s important because in the absence of abundant liquidity, meme coin generators often face the hurdle of inefficient buying and selling, as well as potentially large losses due to falling prices.
Importantly, the team at Mr. Hankey Coin has also committed to locking in this liquidity, making sure there are no jerks.
Allocating such a large percentage of the supply of a new meme token to a DEX liquidity lock is a rare move in the scam-ridden shitcoin space. It should instill significant confidence that Mr. Hankey Coin is a serious project with great potential.
Here’s why $HANKEY will leave other bullshit coins in the dust
Mr Hankey Coin’s massive DEX liquidity lockup is not the only reason $HANKEY is set to leave all other bullshit coins behind.
The fact that the pre-sale values the token so modestly should attract a wave of small-cap gem-hunting degens targeting projects with a market cap of less than $5 million.
Additionally, the limited pre-sale availability of $HANKEY (only $500,000 sold) means pent-up demand and FOMO will remain on your DEX release.
However, given the aforementioned importance of building a strong and committed community to the success of any meme coin project, perhaps the biggest reason to be bullish on Mr Hankey Coin is that it appears to be backed by a savvy marketing team.
Whoever the team is seems to be working hard to get the message out.
For example, it has already been featured on major crypto news outlets like Beincrypto and here at Cryptonews.com, as well as data sites Dexscreener and CoinGecko.
Those sightings alone suggest that the coin has a serious marketing campaign behind it.
Mr. Hankey Coin’s social media presence is expected to continue to increase, which should help propel $HANKEY into the ranks of top trending coins when it launches.
Meme coin market experts are already predicting great things for the Mr Hankey Coin.
Analysts from major cryptocurrency websites such as cryptonews.com, Business 2 Community and InsideBitcoins everyone ranks shitcoin as one of the best presale opportunities of 2023.
10x gains would see $HANKEY reach a market capitalization of $12.5 million.
That’s still very modest in the world of meme coins, which means there’s the potential for even bigger returns.
Bullshit coins with much less compelling stories, tokenomics, and much less competent marketing teams have achieved much higher market caps.
If the $PEPE coin was able to reach a monstrous market cap of $1.8 billion, there is no reason Mr. Hankey Coin couldn’t top $100 million.
Wins of 100x are certainly on the cards for degens entering the pre-sale stage.
But in the fast-paced world of searching for crypto gems, speed is of the essence.
With just $500,000 worth of Mr Hankey Coin tokens up for grabs in the pre-sale, time-wasting meme coin degens could quickly miss out on securing tokens at their lowest price.
Although meme coin generators are defined by their lack of interest in performing due diligence on tokens before entering, we at Cryptonews.com nonetheless encourage potential investors to dig a little deeper into the project before the launch of the presale.
The brown paper of Mr Hankey Coin can be seen here.