Web3’s new South Park-themed shitcoin Mr. Hankey Coin ($HANKEY) has seen an explosive start in the wake of the launch of its decentralized exchange (DEX).
After launching on Uniswap at 17:00 UCT/12:00 EDT at a price of $0.00125, $HANKEY quickly rallied as high as $0.0028.
Since then, shitcoin has been hovering around $0.0025, with presale investors getting in for $0.00125 still in the region of 2x plus.
But the 2x wins might just be the start for $HANKEY.
More than $500,000 worth of liquidity has now been locked up, a strong signal to the broader meme coin generation community that this is a project to be reckoned with and not a rug pull.
In light of high volume trading in the last hour, which has now broken above $600,000 according to DEXTools Everyone$HANKEY is expected to start trending on DEXTools soon.
$HANKEY is already trending elsewhere, like Telegram’s trending pairs.
Then the new degens should start piling up, especially when they see the massive liquidity lockup and when the DEXT score rises to 99 out of 99, which should give Mr. Hankey’s solid token contract, website, and community. Coin.
With a market cap of only around $2.5 million, there is plenty of room for $HANKEY to explode higher.
Much smaller bullshit coins with much weaker communities, much worse tokenomics, a much weaker marketing engine, and a much less compelling story have reached market caps in the tens of millions of dollars.
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Here’s why Mr Hankey can 100x
Meme Coin degens who managed to get into the Mr Hankey Coin pre-sale, which sold out in less than 10 hours to raise $500,000, may have hit the jackpot with $HANKEY.
In fact, the currency is proving that it has the recipe for an explosive rally.
Here are some reasons why you can 100x.
$HANKEY is a true small-cap gem
At its current price of $0.0025, Mr Hankey Coin is still a true small-cap gem.
It’s not often you find a meme coin that has generated the amount of hype that Mr. Hankey Coin has, but still only has a market capitalization of just over $2.5 million.
Much smaller meme coins have been able to reach exponentially higher market caps.
Mr Hankey Coin is already going viral
Hankey Coin’s official Twitter account has already surpassed 7,750 followers, while its Telegram already has 1,600.
Reputable crypto news outlets like Cryptonews.com, BeInCrypto, Cointelegraph, CryptoPotato, Outlook India, and Coingape have covered the token.
And a wave of high-profile crypto-influencers have been promoting the token through giveaway contests, including the likes of @MattInWeb3@AmeerNFTsand @mrbrown_nftall of whom have more than 100 thousand followers on Twitter.
All of the above suggests that Mr Hankey Coin has a serious marketing engine behind it.
Rumors are already swirling that the savvy marketing teams behind $SPONGE and $PEPE might have a hand in $HANKEY.
Massive DEX liquidity block
The Mr Hankey Coin team is committed to providing a smooth token trading environment and has subsequently already locked 40% of its token supply to decentralized exchange (DEX) liquidity.
That’s important because, in the absence of abundant liquidity, meme coin generators are often hampered by inefficient buying and selling and significant potential losses due to falling prices.
Allocating such a large percentage of a new meme token supply to a DEX liquidity lock is a rare move in the scam-ridden shitcoin space and should help bolster confidence in the project.
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.
100x profits are up for grabs for savvy investors who managed to get into the pre-sale.
Mr Hankey Coin can be bought on Uniswap Here.
Visit Mr Hankey Coin here
Disclaimer: Crypto is a high-risk asset class. This article is provided for informational purposes and does not constitute investment advice. You could lose all your capital.
