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Breaking News: Banks Can Soon Issue Stablecoins: FDIC Begins Rulemaking Under GENIUS Act

This Meme Coin Sold Out in 12 Hours, Learn Why Investors Are So Crazy for It

Bitcoinist
by Bitcoinist
Last Updated: July 15, 2023 1:14 am
·
Posted in Industry
Trusted Editorial content, reviewed by leading industry experts and seasoned editors. Ad Disclosure

Not many things are certain in the crypto market, but one thing that is certain is that you never know when a meme coin will surprise you.

There is a new meme coin phenomenon on the market and that is Mr. Hankey Coin (HANKEY). It is so astonishing as a meme coin that investors have poured into the presale and led it to sell out in 12 hours. It’s a major feat by any standards, and crypto investors see a lot of potential in its self-referential ironic nature.

Here we explain everything you need to know about HANKEY and why it has driven investors crazy.

HANKEY is Ironic and Investors Love It

Mr. Hankey Coin presents itself in an unconventional manner, describing itself as “not so shiny, a tad bit smelly, and proud of it!” It’s a rarity to encounter many cryptocurrency tokens adopting such an approach to self-presentation, but that’s precisely what adds to the charm of HANKEY.

The project boldly declares that it embodies the essence of embracing authenticity rather than pretending to be the next Bitcoin. It has relinquished all notions of glamour and superficiality, instead immersing itself in the unfiltered reality.

These statements are undeniably audacious and leave a lasting impression. HANKEY is essentially a complete embodiment of a “shitcoin,” deliberately lacking a specific purpose other than explicitly embracing its purposelessness. Notably, the coin takes its name from one of South Park’s iconic creations.

Overall, HANKEY fosters a community of “proud plumbers” who find humor in the nature of meme coins. It would be quite challenging to come across another token like this in the near future. This represents the pinnacle of self-referential irony. Moreover, the involvement of a well-known fictional character and the timing of its release in the crypto market indicates the potential for substantial growth throughout the year.

The sense of what HANKEY is clear from the descriptions above. This is not a serious token, and HANKEY is an ode to all the silliness that can take place in the crypto market. Investors have swarmed to it as a result and you only need to know what happened in the presale to learn why.

HANKEY Sells Out in 12 Hours

The HANKEY presale garnered significant attention within the crypto community even before its official launch. On July 13, the presale began.

Then the unexpected happened: HANKEY sold out in just 12 hours. It was obvious that this token was going to sell big but to sell out in 12 hours is something truly special.

An additional 400 million HANKEY tokens have been reserved for liquidity, with 100 million designated for marketing purposes, 50 million for the team, and another 50 million for future listing on centralized exchanges.

Built on the Ethereum blockchain, the token’s team humorously and candidly describes its functionality: “This ain’t rocket science, folks. You buy tokens, you hold tokens, you watch your wallet fatten up like Kenny after finding a golden ticket to the Cheesy Poof factory.” It’s a straightforward process, as Chef would say, “Hello there, children!”

There is great excitement surrounding HANKEY, with the crypto community believing it has the potential to surpass the success of tokens like PEPE and SPONGE. The pre-launch buzz strongly suggests this sentiment. Regardless of the outcome, HANKEY is a meme coin that deserves attention and observation. Influencers like  @MattInWeb3, @AmeerNFTs, and @mrbrown_nft, accounts seem to think so, and have namedropped the token.

Q3 2023 has a lot going for it, including community development efforts and listings on major exchanges. With a substantial marketing budget in place, there is much to accomplish once the community reaches a critical mass.

With respect to exchange listings, HANKEY will go live on a DEX on July 14 between 17:00 – 19:00 CET. Get in early to join the community early!

Additionally, interested individuals can refer to the “brownpaper,” which serves as the project’s equivalent of a whitepaper, outlining its use case and future plans.

Conclusion

Mr. Hankey Coin is emerging as a captivating contender among meme coins in the market. Its lack of a fundamental purpose, which might seem perplexing, actually serves as its key selling point. The token’s tongue-in-cheek nature has resonated strongly with investors in the cryptocurrency space, propelling its popularity.

As time progresses, it is highly likely that Mr. Hankey Coin will continue to attract significant attention. Individuals intrigued by the project are strongly encouraged to explore it, as it holds the potential to become the dominant meme coin of the year.

Check out Mr. Hankey Coin

 

 

Editorial Process for bitcoinist is centered on delivering thoroughly researched, accurate, and unbiased content. We uphold strict sourcing standards, and each page undergoes diligent review by our team of top technology experts and seasoned editors. This process ensures the integrity, relevance, and value of our content for our readers.
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