Author: BTCLFGTEAM

  • Litecoin (LTC) price spikes as Bitcoin hits $30k

    Litecoin (LTC) price spikes as Bitcoin hits $30k

    • Litecoin price jumped 4% to above $64 on Friday morning.
    • LTC was up as positive sentiment permeated the altcoin market amid Bitcoin’s rally to $30k.

    Litecoin (LTC) rose more than 4% early on Friday amid a positive reaction across the altcoin market to Bitcoin’s fresh spike to $30k. LTC traded to intraday highs of $64 across major exchanges, with daily trading volume hitting $370 million as buyers pushed the total crypto market cap to over $1.17 trillion.

    Why is Litecoin price up today?

    Although a bullish picture has looked increasingly possible with metrics such as Litecoin hashrate jumping to new highs, one of the likely catalysts could be the increased crowd noise on the probability of a spot Bitcoin ETF hitting the market sooner than anticipated. Recent developments involving potential ETF issuers and the US Securities and Exchange Commission (SEC) have added to the growing belief that the first spot ETF is a matter of when and not if.

    That has Bitcoin price poised for takeoff, and as quant trader Charles Edwards pointed out on X today, the flagship cryptocurrency’s positive outlook is enhanced by the several key metrics in this cycle.

    Other catalysts for LTC price today could be the regulation news related to SEC dropping charges against Ripple executives. The SEC sued Ripple CEO Brad Garlinghouse and Executive Chairman Chris Larsen when it filed a lawsuit against the San-Francisco-based company in December 2020. The agency’s charges against the two were dismissed on Thursday, with the trial scheduled for April next year now not happening.

    LTC looks to have pumped amid a similar reaction across the altcoin market. While Litecoin’s modest gains are dwarfed by the colossal returns for some of the best performing altcoins today – including Bitcoin SV – the bullish flip has analysts pointing to a potential retest of the psychological $100 level if upward momentum holds.



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  • Bitcoin SV price prediction as it climbs 71% in 24 hours

    Bitcoin SV price prediction as it climbs 71% in 24 hours

    • BSV surged 71% in 24 hours on positive sentiment and ETF anticipation.
    • Shiba Memu (SHMU) gains traction for its AI-driven marketing and interactive dashboard.
    • Bitcoin’s outlook remains promising with expected ETF approval but demands a cautious approach.

    Bitcoin SV (BSV) has witnessed a remarkable surge, with its price climbing an astounding 71% in just 24 hours. This meteoric rise in BSV’s value has caught the attention of both crypto enthusiasts and investors.

    In this article, we’ll delve into the factors contributing to this surge and explore The Bitcoin SV price prediction. We will also touch upon an intriguing newcomer in the crypto world, Shiba Memu, currently in the midst of an exciting presale.

    Bitcoin SV soars: a 71% price surge

    In recent hours, Bitcoin SV has experienced an astonishing price surge. At the time of writing, the cryptocurrency is trading at $53.89, marking a substantial 71% increase over the past 24 hours. This surge has positioned Bitcoin SV among the top-performing assets in the crypto market.

    This remarkable price movement has drawn significant attention to BSV, raising questions about the driving forces behind this impressive surge.

    What’s behind the surge in Bitcoin SV price?

    The surge in Bitcoin SV’s price can be attributed to several factors:

    • Market Sentiment: Positive sentiment has been permeating the cryptocurrency market, primarily influenced by the anticipation of the approval of a Bitcoin Exchange Traded Fund (ETF) by the U.S. Securities and Exchange Commission (SEC). This optimism has spilled over to altcoins like Bitcoin SV, as investors seek opportunities for growth.
    • Resurgence of Bitcoin: Bitcoin’s recent price gains have contributed to the overall bullish sentiment in the market. As Bitcoin continues to perform well, it positively influences the prices of other cryptocurrencies, including Bitcoin SV.

    Bitcoin SV price prediction

    While Bitcoin SV’s recent surge is impressive, what about Bitcoin’s future price movement?

    The cryptocurrency market is abuzz with speculation, primarily fueled by the potential approval of a Bitcoin ETF by the SEC. The sentiment has been further bolstered by the SEC’s decision not to appeal the Grayscale lawsuit.

    If the agency proceeds to approve a Bitcoin Spot ETF, it is expected to trigger a substantial wave of institutional investment in the United States. This could have a profound impact on the price of Bitcoin and other cryptocurrencies.

    The current Bitcoin SV bullish trend started on October 16 coinciding with an MA crossover. Adding to the MA crossover, the past three daily candlesticks have also formed a “Three White Soldiers,” further solidifying the bullish trend.

    The moving average convergence divergence (MACD) indicator is also signalling a Bull Run

    If the current daily candlestick closes above $54, Bitcoin SV could attempt going for $60 before the end of the week.

    However, there could be a pullback as the market tries to let off the selling pressure accumulated over the past three bullish days. If this occurs, the token could see a drop to the resistance at $40.

    It’s important to note that cryptocurrency markets are highly volatile and subject to rapid price fluctuations. While the optimism is palpable, investors should approach the market with caution, conduct their own research, and be aware of the associated risks.

    A unique meme token rises with the Bitcoin SV surge

    As Bitcoin SV and the entire crypto market rise after the fake news of a Bitcoin ETF approval by the SEC, a new AI-powered meme coin called Shiba Memu is also gaining traction in the crypto space.

    Shiba Memu (SHMU) is a unique meme token with self-sufficient marketing capabilities driven by AI technology. It is currently in the midst of a presale, which has generated significant interest. It’s important to note that this newcomer is challenging the status quo in crypto marketing.

    Shiba Memu stands out as a pioneering project in the crypto space, thanks to its cutting-edge AI technology that powers its marketing capabilities. Unlike other meme tokens that rely on human teams for marketing efforts, Shiba Memu takes a different approach. It autonomously creates marketing strategies, generates PR content, and promotes itself across various forums and social networks.

    The AI technology behind Shiba Memu generates a staggering amount of content, disseminating it through press releases and marketing materials on forums and social media platforms. The AI system also monitors and analyzes the performance of its marketing campaigns, making real-time adjustments to optimize results. Moreover, it offers users the unique opportunity to interact with a robot meme dog marketing genius through an AI-powered dashboard. This innovation has captured the imagination of investors and crypto enthusiasts alike.

    In conclusion, Bitcoin SV’s recent price surge, Shiba Memu’s innovative marketing approach, and Bitcoin’s promising outlook are capturing the attention of the cryptocurrency community. With positive market sentiment and the potential approval of a Bitcoin ETF, the crypto space continues to be a focal point for investors seeking opportunities in this dynamic and ever-evolving landscape.

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  • Injective (INJ) up as Helix unveils pre-launch futures

    Injective (INJ) up as Helix unveils pre-launch futures

    • Injective (INJ) price rose to highs of $8.20 on Wednesday.
    • The gains came as the layer-1 blockchain network’s DEX platform Helix unveiled its pre-launch futures product.
    • Celestia (TIA) is the first pre-launch futures token to list on Helix.

    Injective (INJ) is seeing a nice uptick in price today as the layer-1 blockchain adds to last week’s upside. While the altcoin‘s price is currently just 3.5% up in the past 24 hours, the gains were much more notable earlier in the day when INJ/USD touched highs of $8.20.

    INJ traded to highs of $9.40 in April this year before the early 2023 momentum faded alongside the lull across the crypto market. In 2021, the price of INJ hit the all-time high of $24.89.

    Helix unveils pre-launch futures

    Injective’s price gains came as the Injective blockchain added to last week’s network milestones, which included integration with NFT marketplace Dagora and new Launchpad InjMarket. 

    The latest milestone was achieved via Helix, a decentralized exchange (DEX) on Injective that introduced its pre-launch futures on Wednesday. The product allows customers to trade popular tokens before their official launch.

    Pre-Launch Futures are futures markets for tokens that have yet to launch. Effectively, this enables users to trade pre-launch markets that are typically reserved for early contributors, VCs or wealthy insiders,” the Helix team said in a blog post on Wednesday.

    The first token on the Helix pre-launch futures market is Celestia (TIA), the native token of the modular data network developed by Celestia Labs. The platform’s recently launched airdrop that concluded today might have aided the overall sentiment in the Injective market.

    TIA, which is expected to go live on a major crypto exchange in coming weeks, will be used for transaction fees. The token also has a fee burn mechanism akin to Ethereum’s EIP-1559.



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  • SYS Labs unveils Rollux Phase 2 with advanced DeFi tools backed by Bitcoin

    SYS Labs unveils Rollux Phase 2 with advanced DeFi tools backed by Bitcoin

    • SYS Labs has unveiled Rollux Phase 2, supercharging DeFi with Bitcoin support.
    • Rollux offers a comprehensive suite of DeFi tools and privacy-focused SuperDapp.
    • Syscoin’s architecture and UTXO Bridge boost Web3 scalability and interoperability.

    SYS Labs, the driving force behind Rollux, has announced the launch of Rollux Phase 2, introducing a powerful suite of decentralized finance (DeFi) tools backed by Bitcoin and Syscoin.

    This development represents a significant leap in the DeFi universe, enhancing the Web3 ecosystem’s performance and inclusivity.

    The Rollux Phase 2

    Rollux Phase 2 signifies a quantum leap in the DeFi universe, marked by innovation and inclusivity. SYS Labs’ commitment to enhancing the Web3 ecosystem, bolstered by Bitcoin’s security and Syscoin’s data availability solution, continues to drive the evolution of blockchain technology and decentralized finance.

    Rollux, an EVM Layer-2 solution, harnesses the strength of Bitcoin’s mining network to optimize Ethereum network applications. It powers SuperDapp, a groundbreaking platform that seamlessly blends AI, messaging, video calls, a non-custodial crypto wallet, and a developer marketplace.

    SuperDapp offers users a secure and private environment for online interactions, enriching the Rollux ecosystem.

    Rollux unveils a comprehensive set of DeFi tools and services in the second phase, addressing the blockchain trilemma – speed, scalability, and affordability.

    With features like a ZK-lite client, cross-chain bridges, decentralized exchanges (DEXs), liquidity protocols, yield aggregators, and a launchpad, Rollux is poised to lay the foundation for a robust Web3 ecosystem.

    Rollux’s strong foundation includes Syscoin’s dual Layer-1 architecture, featuring both a native UTXO chain and an NEVM chain. The newly introduced UTXO Bridge streamlines migration to Rollux’s EVM Layer 2, bridging the gap between UTXO and Layer 2 as per popular demand.

    Rollux has also expanded its suite of Web3 applications and services to include Pegasys DeFi exchange, Luxy NFT Platform, Pali Wallet (available in web and mobile versions), DAOSYS, and Camada, a non-custodial, regulatory-compliant crypto trading platform. The ecosystem is further enriched by Chainge cross-chain aggregated DEX, Agave DeFi lending protocol, Gamma liquidity protocol, Nexter prediction market, GoRollux launchpad, Beefy yield aggregator, and LayerSwap – the first bridge allowing direct and instant transfers from centralized exchanges to blockchains.

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  • Bitcoin ETF may be a ‘limited’ benefit for Coinbase stock: Barclays

    Bitcoin ETF may be a ‘limited’ benefit for Coinbase stock: Barclays

    coinbase stock price forecast barclays analyst
    • Mike Novogratz expects SEC to approve a Spot Bitcoin ETF this year.
    • Barclays analyst does not expect that to be a huge benefit for Coinbase.
    • Coinbase stock is currently down over 30% versus its year-to-date high.

    Mike Novogratz – the Chief Executive of Galaxy Investment Partners expects the Securities & Exchange Commission to approve a Spot Bitcoin ETF by the end of this year.

    Here’s what Mike Novogratz said today on CNBC

    Last week, the U.S. regulator refrained from appealing a court’s ruling that said it did not have sufficient reason to block Grayscale from converting its flagship trust to an exchange-traded fund.

    Note that Galaxy itself has filed for a Spot Bitcoin ETF in collaboration with Invesco. On CNBC’s “Squawk Box”, Novogratz said today:

    Dialogue with SEC is heading in right direction. It is no longer talking how Bitcoin works. It’s just a recognised macro asset and that’s a huge psychological shift.

    The billionaire investor expects a positive news on the ETF front to lead the market higher. Still, Barclays is not entirely convinced that it will be a material catalyst for Coinbase Global Inc.

    Barclays analyst shares his view on Coinbase stock

    Analyst Benjamin Budish told clients in a research note today on Wednesday that approval of a Spot Bitcoin ETF will likely be a “limited” benefit for Coinbase.

    It is not clear how successful ETF launches would translate into a meaningful P&L benefit for Coinbase despite it being an integral service provider.

    He agreed that the Nasdaq-listed firm will serve as custodian for four BTC exchange-traded funds (at least) but said it is unlikely to earn significant custodial and prime brokerage fees.

    Barclays has an “underweight” rating on Coinbase stock with a price target of $70 that suggests another 6.0% downside from here. Earlier this week, Cathie Wood – the Founder of Ark Invest also took a positive tone on a Spot Bitcoin ETF approval.

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  • Peter Schiff is wrong about Bitcoin

    Peter Schiff is wrong about Bitcoin

    Peter Schiff, the Chief Market Strategist at Euro Pacific Asset Management, is one of the most respected people in finance. He has been right on so many things in the past, including the pace of interest rates, US government debt, and the ongoing risks in the market. I share most of his concerns.

    One area I disagree with Schiff is on his Bitcoin outlook. For a long time, Schiff has advocated against Bitcoin, which he believes that has no value. Instead, Schiff, who also runs a gold company called Schiff Gold, has advocated for gold.

    Gold has done well over years. It has moved from $35 in 1970s to almost $2,000 today and he expects it to continue soaring over the years. He cites the soaring government debt and the rising accumulation by central banks like those in Russia, Turkey, and Chiba.

    While gold is a good asset, the reality is that it has not been a good investment in the past decade. Gold has jumped by almost 220% since November 2006 while the S&P 500 index has jumped by almost 400%. Including dividends, the index has done much better.

    Bitcoin has also done better than gold by far. While BTC has dropped sharply from its all-time high, it has still beaten gold in the past few years. Bitcoin has risen by almost 400% in the past 5 years while gold is up by just 63%.

    Peter Schiff argues that Bitcoin has no real value and that it is only bought by speculators. This is wrong. While there are many speculators in the crypto space, the reality is that many large investors have held it for years. MicroStrategy has held Bitcoin for three years now while the average holding period was over 3 years.

    It is also worth noting that gold has no real use in the industrial space. Instead, many buyers do so because it is a store of value. This explains why gold is mostly bought by investors and central banks.

    Events of the past few years are a good proof that Bitcoin is a real asset. For one, the coin survived the Mt. Gox collapse, the Covid-19 pandemic, and the current phase of stagflation. It is also surviving when interest rates have jumped to the highest level in 22 years. 

    All this means that Bitcoin has real value, which explains why companies like Blackrock and Invesco are seeking to launch an ETF. In a statement this week, Blackrock’s CEO noted that the company was seeing strong demand from international investors.

    How to buy Bitcoin

    eToro

    eToro offers a wide range of cryptos, such as Bitcoin, XRP and others, alongside crypto/fiat and crypto/crypto pairs. eToro users can connect with, learn from, and copy or get copied by other users.

    Public

    Public is an investing platform that allows you to invest stocks, ETFs, crypto, and alternative assets like fine art and collectibles—all in one place.



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  • Bitcoin ETF approvals to drive $1T crypto market surge: CryptoQuant

    Bitcoin ETF approvals to drive $1T crypto market surge: CryptoQuant

    • CryptoQuant forecasts Bitcoin’s market cap could hit $900 billion if Bitcoin spot ETFs are approved.
    • The report also forecasts that $1 trillion could be added to the entire crypto market.
    • The various spot Bitcoin ETFs may be approved by March 2024, signalling a new era of crypto adoption.

    In a recent report, data analytics firm CryptoQuant revealed compelling insights into the potential impact of Bitcoin spot exchange-traded funds (ETFs) on the cryptocurrency market.

    The report suggests that, if approved, these ETFs could trigger substantial growth in the crypto space, raising Bitcoin’s market capitalization to a staggering $900 billion and boosting the overall crypto market by a monumental $1 trillion.

    Spot Bitcoin ETFs approval could be a game-changer

    The first wave of institutional involvement in the cryptocurrency market, which occurred during 2020-2021, was characterized by institutions adding Bitcoin to their balance sheets.

    CryptoQuant’s report highlights that the second wave of adoption may come from financial institutions enabling clients to access Bitcoin through spot ETFs. CryptoQuant believes that these ETFs present a significant opportunity for investors to gain exposure to the crypto market.

    Several major financial institutions in the United States have applied for regulatory approval to launch spot Bitcoin ETFs. These approvals could potentially be granted by March 2024 at the latest with some US lawmakers requesting the SEC to approve the applications. This marks a critical milestone in the evolution of cryptocurrency investment instruments.

    Potential inflows and market impact

    CryptoQuant’s analysis indicates that should the issuers of Bitcoin ETFs allocate just 1% of their Assets Under Management (AUM) to these ETFs, it could result in a remarkable influx of approximately $155 billion into the Bitcoin market. This influx, equivalent to nearly one-third of Bitcoin’s existing market capitalization, could potentially drive Bitcoin’s price into a range between $50,000 and $73,000.

    The report also draws upon historical data, revealing that during previous bull markets, Bitcoin’s market capitalization typically expanded by a factor of 3 to 5 times more than its realized capitalization. This historical pattern suggests that for every $1 of new investment entering the Bitcoin market, the market’s capitalization could surge by $3 to $5, indicating substantial growth potential.

    The market got a test after some false news about BlackRock Bitcoin ETF approval pushed Bitcoin to $30,000.

    In general, the approval of Bitcoin spot ETFs holds the promise of attracting significant institutional investment and contributing to the cryptocurrency market’s expansion. Despite its volatile nature, this development could become a catalyst for further institutional involvement, bringing the crypto space closer to the $1 trillion milestone.



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  • ESMA warned crypto investors on Tuesday: find out more

    ESMA warned crypto investors on Tuesday: find out more

    esma warns crypto investors
    • ESMA says MiCA will take time to be fully implemented.
    • Crypto investors, therefore, remain at risk in the meantime.
    • Bitcoin is trading well under the $29,000 level on Tuesday.

    All eyes are on Bitcoin after ESMA – the European Securities & Markets Authority cautioned crypto investors on Tuesday.

    MiCA will take time to be implemented

    Earlier this year, the European Union approved an extensive set of regulations for crypto assets that it’s calling Markets in Crypto-Assets Regulation.

    On Tuesday, however, ESMA warned crypto investors that it will likely take until December of 2024 for MiCA to be fully implemented.

    It is also worth mentioning here that a bunch of crypto firms will be able to remain in business without an EU license in states that grant them a transitional period of 18 months – which means full protections in these EU states will not be available until July 2026.

    At writing, Bitcoin is trading well under the $29,000 level.

    ESMA says no cryptoassets is ‘safe’

    ESMA did, however, confirm on Tuesday that it’s working closely with national regulators and is motivating them to apply Markets in Crypto-Assets Regulations rules as soon as possible.

    Even with full protection, though, it recommended investors to be cautious when investing in cryptocurrencies. The EU watchdog’s statement reads:

    Even with implementation of MiCA, retail investors must be aware that there will be no such thing as a safe cryptoassets.

    Currently, crypto assets are unregulated under the rules laid out by the European Securities and Markets Authority. Regulating the crypto market has become a priority for ESMA ever since the collapse of FTX and Terra Luna.

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  • BitGo acquires HeightZero to bolster crypto wealth management services

    BitGo acquires HeightZero to bolster crypto wealth management services

    • BitGo acquires HeightZero to serve the growing institutional interest in crypto wealth management.
    • BitGo CEO, Mike Belshe, emphasizes the urgency for wealth managers and RIAs to prepare for an impending Bitcoin ETF approval.
    • HeightZero’s services enhance BitGo’s capacity to offer secure long-term crypto holdings for institutional clients.

    Cryptocurrency custody specialist BitGo has made a strategic move in the rapidly evolving digital asset landscape by acquiring HeightZero, a software platform dedicated to providing wealth managers with tools to incorporate cryptocurrencies into their clients’ portfolios.

    While the financial specifics of this acquisition have not been disclosed, the implications are clear for the growing institutional interest in the crypto market.

    Preparing for the imminent Spot Bitcoin ETF approval

    With the anticipated approval of a spot Bitcoin (BTC) exchange-traded fund (ETF), BitGo’s CEO, Mike Belshe, has issued a clear call to wealth managers and regulated investment advisors (RIAs) to take action before the ETF is launched. Belshe emphasized the importance of acting swiftly in light of the impending surge in Bitcoin demand that the ETF is expected to trigger.

    “RIAs should absolutely be calling up BitGo, getting HeightZero, getting qualified custody and doing it now, before the ETF,” Belshe said in a recent interview. “Because when the ETF hits, there’s going to be massive demand for bitcoin. Now, you can wait for the ETF, and then you can invest in that. But you’re going to miss out on a big growth.”

    HeightZero acquisition by BitGo

    HeightZero has been instrumental in simplifying the integration of cryptocurrencies into traditional wealth management practices. The platform offers a range of services, including portfolio rebalancing, statement generation, tax loss harvesting, and automated billing tailored specifically for crypto clients.

    This acquisition strengthens BitGo’s capabilities in facilitating secure long-term holdings for institutions entering the crypto market.

    BitGo recently secured $100 million in funding and has been actively seeking strategic acquisitions. While some companies in the crypto industry have faced financial challenges, BitGo’s approach underscores a commitment to a forward-looking strategy. The acquisition of HeightZero aligns with BitGo’s aim to be a leader in providing comprehensive cryptocurrency solutions to institutions, especially as the crypto market continues to evolve and gain traction among mainstream investors.

    This acquisition is a significant step for BitGo, marking a deliberate move towards servicing the wealth management sector as digital assets become an integral part of traditional investment portfolios.

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  • Bitcoin tops $28k as Memeinator’s presale surpasses the $700k milestone

    Bitcoin tops $28k as Memeinator’s presale surpasses the $700k milestone

    Key takeaways

    • Bitcoin is trading above the $28,400 mark and could rally higher in the short term.

    • Memeinator’s presale has now surpassed $700k three weeks after its launch.

    The cryptocurrency market has been positive so far this week, with most coins and tokens in the green zone. Memeinator’s presale has now crossed an important milestone as the team continues to raise more funds.

    Bitcoin eyes the $30k level

    Bitcoin, the world’s leading cryptocurrency by market cap, has been performing well since the start of the week. It has added more than 2% to its value in the last 24 hours, and the price of Bitcoin currently stands at $28,456 per coin.

    The broader cryptocurrency market has also been rallying, with the total crypto market cap now close to the $1.1 trillion mark. If the bulls remain in control, Bitcoin could test the $30k resistance level in the short term. 

    What is Memeinator?

    The cryptocurrency market has been performing well so far, and investors continue to enter new projects. Memeinator is one of the projects investors have been focusing on in recent weeks. 

    Memeinator is a project that is riding the meme coin wave and seeks to provide numerous utilities to users. The project intends to get rid of worthless memes and become one of the leading meme tokens in the crypto space. 

    There are thousands of meme token projects in the crypto space, but most of them don’t offer utility to users. 

    Memeinator will differ from most of them as it will leverage AI technology to identify worthless memes, allowing investors to know them and steer clear of them. With the right level of adoption, Memeinator’s development team want the token to reach a market cap of $1 billion in the medium to long term. 

    The Memeinator presale began roughly three weeks ago and has already attracted thousands of investors in the crypto space. The MMTR price began the presale at $0.01 per token, and the price will rise to $0.0485 by the end of the presale, giving early-bird investors a whopping 132% ROI at listing, which is only the start of it.

    The team also plans to launch a Memeinator game at the presale’s conclusion. The Memeinator game players will get to eliminate enemy memes in a good old-fashioned shoot-em-up. 

    Why is the Memeinator presale growing so fast?

    Memeinator could be garnering interest from investors thanks to the project’s unique use case in the crypto market and beyond. The project is appealing to a wide range of audiences, from degens to crypto natives and speculators, giving it the opportunity to become a hit in the market. 

    Memeinator is set to leverage AI to analyse and evaluate memes on the internet, identifying lower-quality memes to replace or “destroy. The project is dedicated to uplifting meme culture and quality while also championing the most imaginative and impactful content. 

    The team also took its tokenomics into consideration as it seeks to provide value for the holders and participants. The MMTR token has some excellent features, such as deflationary mechanisms and rewards for holders, incentivising the project for holders in the long term. 20% of the tokens are allocated for marketing, CEX listing and liquidity. 

    Click here to read more about the Memeinator presale.

    Is the Memeinator a good buy? 

    The Memeinator has so far raised over $700k in less than three weeks since the presale began. The project is an exciting one for investors as it will leverage AI technology to provide excellent value to investors in the medium and long term.

    The team intends to grow the project to a billion-dollar market, and early investors would be the biggest winners if that happens. With the right level of adoption, Memeinator could become one of the leading meme tokens in the crypto space. 

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