Creditors have won a long and exhausting legal battle with the once-giant company Mt. Gox regarding their crypto asset losses in 2014.
The now-bankrupt exchange was ordered to pay the damages caused by a massive hack, leaving thousands of investors without their belongings.
Now, the second payout began, and 13,265 BTC was transferred to two wallet addresses, which stopped Bitcoin from the initial surge.
All of this has led investors to search for better alternatives, and they have found that the new Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), PlayDoge ($PLAY), The Meme Games ($MGMES) and Shiba Shootout ($SHIBASHOOT) all have an enormous return on investment potential.
Let’s check out the details below.
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Mt. Gox Payouts $784 Million Worth of Bitcoin In the Second Round of Reparations – Investors Turn To These Tokens As Better Alternatives
Mt. Gox, a Tokyo-based company founded in 2010, was essential in the early uptake of Bitcoin. At one point, it was one of the largest Bitcoin exchanges in the world, and at its peak, it handled more than 70% of transactions. However, it gained notoriety for being the victim of one of the biggest cryptocurrency hacks ever
After unexpectedly closing down its website and trading services in February 2014, Mt. Gox disclosed that it had lost 850,000 Bitcoin, or around $450 million, at the time. The breach, which took advantage of holes in the exchange’s security measures, has been going on for years.
Following a lengthy legal battle, the court ordered the company to repay all the damages that this hack caused, and the payments started recently. The second payment rollout has started, with Mt. Gox transfers 13,265 BTC to designated repayment addresses. This has stopped Bitcoin from massive spikes in value despite the bullish broader crypto situation.
Due to these factors, investors are now turning to the meme coin market as the better solution. Specifically, projects like Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), PlayDoge ($PLAY), The Meme Games ($MGMES), and Shiba Shootout ($SHIBASHOOT) present themselves as the perfect solution.
Let’s see the reasons below.
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Pepe Unchained ($PEPU) Makes History As the World’s First Meme Coin That Has Its Own Blockchain
Pepe Unchained ($PEPU) is yet another Pepe-inspired meme coin to emerge on the scene; however, this new version brings a significant change.
This is the first-ever meme coin with a blockchain specifically designed for it. The “Pepe Chain,” as it’s called, brings enormous enhancements and fixes most of the problems that have troubled Ethereum.
The first challenge was overcoming the scalability issue. This was fixed immediately, as this new network has a layer-2 design, enabling it to process more traffic and, therefore, lowering the congestion. It also has much lower transaction fees, and its official website advertises it as 100x faster than Ethereum.
This has led to an astonishing $10 million raised in the ongoing presale phase.
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Crypto All-Stars ($STARS) Revolutionizes the Crypto World By Having a Unified Staking Protocol
Crypto All-Stars ($STARS) has the largest ICO launch in recent times, reaching an astonishing $630k in just a week’s time. At this pace, it will reach the first million milestone in no time.
This massive success is due to its staking program. It features the so-called “MemeVault,” where investors can vault their top meme coins. This never-before-seen feature enables multiple meme coins to be staked at the same time on one platform.
This innovative approach has led to APY rewards jumping to an amazing 2343%, but investors must hurry as more people stake their tokens, the percentage will decrease.
You can easily purchase $STARS through the widget on the official website at a favorable price of $0.0013966 per token.
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PlayDoge ($PLAY) Plans On Taking a Large Portion of the Play2Earn Market With Its New Mobile Game
PlayDoge ($PLAY) is coming in strong on the market as it offers an engaging and fun mobile game set to release after the presale.
The game is a modern remake of the legendary Tamagotchi Pets, which was a massive hit back in the 90s. Many will remember this concept as it achieved planetary success.
In this new version, you still have to care for your virtual companion, but this time, you will receive $PLAY token rewards for doing so.
The presale is structured in 40 phases, and each new one has a slight price increase, so you must hurry if you want to secure your tokens at the $0.0531 price point.
Currently, more than $6.1 million has been raised, but given the hype it generated, it could easily reach $10 million.
The Meme Gamse ($MGMES) Is Crowned As The Official Meme Coin of The Olympics
The Meme Games ($MGMES) has been named the official meme coin for the 2024 Summer Olympics in Paris.
This achievement is based on the fact that this project enables you to compete in a 169-meter dash. You can choose between 5 iconic meme characters – Dogecoin, Pepe, Dogwifhat, Brett, or Turbo. After doing so, the race will commence, and the winner will get a 25% token multiplier.
However, don’t despair if you fail to do so because each token purchase grants you access to race again. Each character has its special ability, but in true sports nature, none of them have an unfair advantage; therefore, there is an equal chance of winning.
The presale has secured over $378k, and you can purchase $MGMES for $0.0093 per token.
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Shiba Shootout ($SHIBASHOOT) Puts A Cowboy Twist On The Beloved Shiba Inu Character
Shiba Shootout ($SHIBASHOOT) has raised an impressive $1 million in its presale, making this its first big milestone.
It features the Shiba Shooters unique play-to-earn game that is now accessible on Google Play and the Apple App Store.
Players can earn $SHIBASHOOT tokens by participating in entertaining activities like meme-making duels, poker tournaments, and virtual treasure hunts.
This is an excellent moment for investors to join since the token price, now $0.0199, is about to rise. You can also stake your tokens for a high APY of 931%, making this option lucrative and interesting.
The project guarantees security and transparency through Coinsult’s KYC and SolidProof’s audits.
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The Final Word
With the recent turn of events regarding Mt. Gox’s payment of the damaged investors, traders are being careful with their next purchase.
Leading industry sources say that now is the right time to shift to the meme coin market, as it has enormous potential for high returns.
They say that the new Pepe Unchained ($PEPU), Crypto All-Stars ($STARS), PlayDoge ($PLAY), The Meme Games ($MGMES), and Shiba Shootout ($SHIBASHOOT) are currently the best options for investors.
They all share phenomenal presale results, impressive technologies, and a strong community, making it hard for them not to surge post-launch.