Mr. Hankey Coin is a new meme coin that channels the popular TV show South Park while also taking the term ‘shitcoin’ to a new level. The token features a turd as its mascot and cracks a lot of hilarious poop jokes.
With the Mr. Hankey Coin presale selling out in just over 10 hours, its explosive DEX listing is set to launch very soon, and investors are wondering whether this token could be the next meme coin to explode. In our Mr. Hankey Coin price prediction, we’ll take a closer look at what $HANKEY could achieve in 2023 and beyond.
What Is Mr. Hankey Coin?
According to Mr. Hankey Coin’s team, the project aims to ‘give the phrase ‘dirty money’ a whole new meaning.’
Mr. Hankey Coin doesn’t have utility, instead relying on poop jokes to power its rise to dominance of the meme coin market. The project has quickly gained a following on social media, with more than 7,500 Twitter followers and more than 1,600 Telegram subscribers even before the DEX listing has kicked off.
Mr. Hankey Coin plans to launch its DEX listing anytime soon. In the meantime, investors can sign up for the project’s Telegram channel to stay ahead of the game. Investors who join the channel were guaranteed entry into the $HANKEY presale, which had a hard cap of $500k and sold out in just over 10 hours.
Investors have high expectations for Mr. Hankey Coin. Many believe it could be the next crypto to explode, particularly considering how hot the meme coin market has been recently. Crypto influencer Jacob Crypto Bury announced that $HANKEY could turn out to be the next $PEPE.
Mr. Hankey Coin Tokenomics
Mr. Hankey Coin has a total supply of 1 billion tokens. 40% of these, or 400 million tokens, were allocated to the project’s presale. The same amount is set aside for liquidity once $HANKEY begins trading on crypto exchanges.
The remaining tokens are reserved for the team (5%), centralized exchange listings (5%), and marketing (10%). Mr. Hankey Coin has a highly active marketing campaign and the token has already been featured on CoinGecko, DEXScreener, BeInCrypto, and Poocoin.
The Mr. Hankey Coin team says that there are also burn and redistribution mechanisms being developed for $HANKEY. The specifics of these mechanisms have not yet been announced.
The presale had a hard cap of $500,000 and its token price represents a fully diluted market cap of $1.25M.
Mr. Hankey Coin Price Prediction 2023
For our analysis, we’ll assume that $HANKEY continues with its current bullish momentum, in line with the success of other top meme coins. Presale investors were able to buy $HANKEY at a low price of just $0.00125.
The Mr. Hankey Coin presale was extremely limited, with a hard cap of just $500,000. That’s a much lower cap than most other meme coin presales.
So, it’s no wonder that demand for the presale was so fierce. Some investors may be left out, creating a surge of buying activity when the token holds its ICO.
That’s great news for investors who want to see $HANKEY pump. The token could surge on this buying activity. If $HANKEY begins trending on platforms like DEXScreener, even more crypto traders could pile in and send the price soaring another stage higher.
We predict that the pump in $HANKEY could send the token as high as $0.00008. This represents an 8x gain. Other meme coins have reached similar peaks.
That peak price may only last for a few days after the ICO. However, $HANKEY probably won’t fall far, and is likely to remain well above its ICO price. We predict that the token will stabilize around a price of $0.00004 going into the end of 2023.
Mr. Hankey Coin 2024 Prediction
Mr. Hankey Coin will maintain excitement around the token by introducing a burn mechanism and token redistribution scheme after $HANKEY launches. These mechanisms could significantly support the price of Mr. Hankey Coin in 2024 and beyond.
The burn mechanism will reduce the supply of $HANKEY, making all of the tokens in circulation more valuable. The redistribution scheme will reward investors for holding $HANKEY and disincentivize selling.
While the details of the burn and redistribution haven’t yet been announced, we think they could contribute to further gains for $HANKEY in 2024. We predict a price of $0.000075 by the end of 2024. That’s a 7.5x gain from the token’s expected list price.
Mr. Hankey Coin 2025 Price Forecast
Mr. Hankey Coin is likely to experience consolidation in 2025. Other meme coins will rise, leaving behind a core group of dedicated investors in $HANKEY.
While this consolidation means a slight price drop in the short term, it’s a good thing for the long-term health of $HANKEY. Highly loyal investors can continue to buy the token and support the price of the token for years to come.
It’s unclear how significant the decline from consolidation may be. We conservatively predict a price of $0.000055 at the end of 2025, which is a drop of just over 25%. The decline could be less depending on how lucrative Mr. Hankey Coin’s redistribution mechanism is.
Mr. Hankey Coin Price Prediction 2030
There’s a lot of uncertainty in predicting a price for Mr. Hankey Coin in 2030 and beyond. Few meme coins have aged more than 5 years, and the meme coin market is very different today than it was 5 years ago.
Based on the fact that Mr. Hankey Coin plans to introduce burn and redistribution mechanisms, we think the coin’s value will continue to appreciate slowly over time. We predict a price of $0.000010 by the end of 2030.
That represents a 10x gain from the token’s list price and a market cap of around $13 million.
Why Are Traders Backing Mr. Hankey Coin?
Crypto traders, investors, and analysts are broadly excited about Mr. Hankey Coin. Many see it as one of several new cryptos with the highest upside potential.
Let’s take a closer look at the main reasons Mr. Hankey Coin is making waves.
Many investors who watch the meme coin market carefully think Mr. Hankey Coin has the potential to go viral. The token is a shitcoin brought to life, and there are few things funnier than a good poop joke.
Even better, if Mr. Hankey Coin is successful, many mainstream financial outlets will have no choice but to cover it. Crypto trades love nothing more than making TradFi talk about a meme coin that Wall Street thinks is worthless.
Meme Coin Speculation
Traders are excited about Mr. Hankey Coin because of the token’s potential for highly volatile price action. It could see a huge spike in trading volume after its ICO, plus jagged ups and downs as the price pumps.
All of this volatility creates opportunities for speculation. Traders can buy in, pushing the price higher, then try to sell their tokens for a quick profit. Meme coins that have pumped in the past, like $PEPE, have minted crypto millionaires.
Bullish Market Action
Meme coins have been extremely successful this spring and summer. $PEPE soared 21,000% after its launch in April and was quickly followed by $SPONGE, $PEPE2, and $AIDOGE. All of these tokens have produced huge returns for early investors.
$HANKEY could ride that wave, especially if investors think it could be the next $PEPE. Just the fact that the market is popping right now is good for Mr. Hankey Coin, since so many investors are willing to jump into new cryptos in search of riches.
Another factor that has traders buzzing about Mr. Hankey Coin is the size of its presale. Mr. Hankey Coin is only raising $500,000, so the presale was expected to sell out extremely quickly, which it did in a spectacular fashion after just 10 hours of launching.
Investors who didn’t manage to buy $HANKEY during the presale will have to buy it on exchanges, sending the price higher.
How to Buy Mr. Hankey Coin
The Mr. Hankey Coin presale is now over so the DEX listing will follow very shortly. The team has advised meme coin degens to follow the events on social media. Once it does, investors will be able to buy $HANKEY via the DEX.
Mr. Hankey Coin is an ERC-20 token, so investors will likely need ETH or USDT to purchase it. However, details have not yet been announced.
For now, investors can lock in their chance to buy $HANKEY during the DEX listings by joining the Mr. Hankey Coin Telegram group.
Mr. Hankey Coin is a new meme coin that brings new meaning to the term ‘shitcoin.’ It’s generating a lot of buzz among crypto investors, who are eagerly awaiting the DEX listings. Based on our price prediction, the token could jump 10x after launch.
For now, investors can guarantee their chance to buy $HANKEY during the launch on popular DEXs by joining the Mr. Hankey Coin Telegram channel.