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Price (USD)
$0.00000002Circulating Supply
$76.436TVolume (24h)
$852.983KMarket Cap
$1.946MLow/High 24h
$0.00 - $0.00000003Change (24h)
$0.00000001Despite the bearish market tendencies, the meme community stays as strong as ever. 2023 has even brought a number of new meme coins. One of them is Kek crypto. Kek is the ultimate crypto meme project that combines the power of the ancient Egyptian god Kek with the modern online meme culture. This Egyptian god is often portrayed as a frog, and the symbol of this coin is the famous Pepe the Frog. As the project’s official website states, ‘it aims to use memetic magic to influence the crypto world.’ Let’s take a closer look at Kek coin and its origins.
Kek ($KEKE) is a cryptocurrency token based on the Cult of Kek meme that is well-known on social media sites like 4chan and Twitch and influenced by PEPE's frog theme. Through its memes, the project hopes to spread humor while building a vibrant community and environment.
The KEKE token operates on the Ethereum blockchain and is more concerned with community building and social media popularity than utility, which is one of the commonalities between the KEKE and PEPE coins. The unnamed ‘Kingdom of Kek’ developers have created the ‘7 Kek Commandments,’ which include organizing a ‘shill squad’ to promote the enterprise and buying price dips and holding KEKE.
The KEKE token initially launched on the Uniswap decentralized exchange (DEX) on Ethereum and has since been listed on the MEXC and OKX crypto exchanges, including being listed on TrustWallet, with plans to expand its reach further.
Kek is a community-driven initiative, and decisions about the token’s development are made through a decentralized governance model. A total of 77 trillion tokens are available on KEKE, including:
Users connect their cryptocurrency wallets to an Ethereum-based DEX to trade the token or buy it on a centralized exchange because KEKE runs on Ethereum rather than its own blockchain.
As Kek is a meme coin, the project offers basic utility functions. The KEKE coin is intended to be a fun meme token that owners may trade for profit as it grows in popularity rather than a token used for blockchain transactions. A gambling game, different contests, and an NFT collection that holders can use to take part in governance are also included in the project.
The meme collection contains 7,777 NFTs, each of which entitles its owner to a seat on the Council of Kek. The NFTs are traded in ETH currency and listed on the OpenSea NFT marketplace. Based on its rarity, each NFT has a different weight in the project's decision-making process.
$KEKE holders can also easily stake their tokens and passively earn rewards. Staking offers a stable and predictable income stream, allowing users to participate in the growth of the project’s ecosystem while contributing to its stability. Additionally, the project’s farming mechanism offers an exciting opportunity to earn $KEKE tokens as rewards. To participate in farming, users will need to stake their LP tokens. Obtaining LP tokens involves adding liquidity to the Uniswap liquidity pool by combining $KEKE tokens with ETH.
KEK NFTs have a special place in the KEK ecosystem. Here are the main takeaways from the project:
The brief price history of KEKE has so far been unpredictable. According to the project's blog, in its first five days it generated over $13 million in trade activity and added more than 2,500 holders. It increased by up to 1,200% in the first two days before declining by more than 80%. Midway through May, the price increased by approximately 240%, but by the end of May, it had fallen once more.
The project's success will depend on its ability to keep up a strong online presence and communicate with the community, as well as on investor interest in meme coins and the state of the cryptocurrency market. It’s also vital that the project keeps developing as per its roadmap.
Websites like PricePrediction believe that by 2030 KEKE crypto can go as high as $0.00000025, while in 2032 its price can rise to $0.00000055. It’s quite possible for this coin to retain its memetic power, however, it’s also a fact that meme coins frequently experience extreme volatility. They are vulnerable to market manipulation, and are subject to uncertain regulatory conditions.
As a result, it's critical for all types of investors to exercise due diligence and only invest money they can afford to lose while trading or purchasing such cryptocurrencies.
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Don’t forget to do your own research before buying any crypto. The views and opinions expressed in this article are solely those of the author.
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