bitcoinlfg

Tag: Memeinator

  • Memeinator in focus as most meme coins beat Bitcoin in 2024

    Memeinator in focus as most meme coins beat Bitcoin in 2024

    • Bitcoin and Ethereum have jumped by over 50% this year.

    • Meme coins like Floki, Pepe, and Book of Meme have done much better.

    • Memeinator is one of the fastest-growing names in the industry.

    Many meme coins are doing better than big cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. Bitcoin and Ethereum have jumped by more than 50% this year while Ripple has dropped by over 20%. 

    Meme coins are thriving

    On the other hand, meme tokens like Floki, Book of Meme, and Pepe have done much better. Floki has soared by over 450% this year while Pepe has jumped by over 700% in the same period. 

    The same is happening among other meme coins like dogwifhat, Bonk, and Book of Meme, which have all doubled this year. As a result, all meme coins tracked by CoinGecko and CoinMarketCap have gained a market cap of over $60 billion, making them bigger than well-known companies like Lazard, General Motors, Ford, and Stellantis. 

    This trend could continue as more traders seek refuge in meme coins and celeb-themed tokens. For example, earlier this week, Rapper Iggy Azalea’s MOTHER token gained a market cap of over $300 million. It was then passed by DADDY, the new token being promoted by Andrew Tate, the popular provocateur.

    Meme coins do better than big coins like Bitcoin for two main reasons. First, they tend to be driven by hype and momentum. Second, unlike Bitcoin, these tokens are easy to manipulate since most of them are usually held by insiders.

    Third, meme coins trade for lower notional value than Bitcoin. While Bitcoin was trading at $67,000 on Saturday, Memeinator was going for $0.01820 while tokens like Pepe and Minu were going for much lower.

    As a result, traders argue that buying cheaper meme coins will always generate a better return than investing in bigger coins. For example, while it is easy for Pepe to double, it takes longer for Bitcoin to do the same.

    Memeinator to be in focus

    Meanwhile, many crypto traders are now focusing on Memeinator, one of the fastest-growing meme coins.

    The token, which concluded its token sale recently, has already achieved listings by some of the leading exchanges in the industry like Uniswap and MEXC. The developers are hoping to get listings by other exchanges in the coming months.

    Memeinator is a cryptocurrency that seeks to take advantage of several key themes in the industry. It is aiming to join the meme coin craze that is spreading in the crypto sector. 

    In addition to that, the developers hope that it will benefit from the artificial intelligence theme that has become the biggest one globally. Apple launched its Apple Intelligence suite of products while Mistral AI raised over $600 million from investors. 

    Further, Memeinator aims to be a leading player in the gaming industry. They are now building the Meme Warfare game that will reward users for winning. You can learn more about Memeinator here.

    Share this article
    Categories
    Tags

    Source link

  • Memeinator in focus as most meme coins beat Bitcoin in 2024

    Memeinator in focus as most meme coins beat Bitcoin in 2024

    • Bitcoin and Ethereum have jumped by over 50% this year.

    • Meme coins like Floki, Pepe, and Book of Meme have done much better.

    • Memeinator is one of the fastest-growing names in the industry.

    Many meme coins are doing better than big cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. Bitcoin and Ethereum have jumped by more than 50% this year while Ripple has dropped by over 20%. 

    Meme coins are thriving

    On the other hand, meme tokens like Floki, Book of Meme, and Pepe have done much better. Floki has soared by over 450% this year while Pepe has jumped by over 700% in the same period. 

    The same is happening among other meme coins like dogwifhat, Bonk, and Book of Meme, which have all doubled this year. As a result, all meme coins tracked by CoinGecko and CoinMarketCap have gained a market cap of over $60 billion, making them bigger than well-known companies like Lazard, General Motors, Ford, and Stellantis. 

    This trend could continue as more traders seek refuge in meme coins and celeb-themed tokens. For example, earlier this week, Rapper Iggy Azalea’s MOTHER token gained a market cap of over $300 million. It was then passed by DADDY, the new token being promoted by Andrew Tate, the popular provocateur.

    Meme coins do better than big coins like Bitcoin for two main reasons. First, they tend to be driven by hype and momentum. Second, unlike Bitcoin, these tokens are easy to manipulate since most of them are usually held by insiders.

    Third, meme coins trade for lower notional value than Bitcoin. While Bitcoin was trading at $67,000 on Saturday, Memeinator was going for $0.01820 while tokens like Pepe and Minu were going for much lower.

    As a result, traders argue that buying cheaper meme coins will always generate a better return than investing in bigger coins. For example, while it is easy for Pepe to double, it takes longer for Bitcoin to do the same.

    Memeinator to be in focus

    Meanwhile, many crypto traders are now focusing on Memeinator, one of the fastest-growing meme coins.

    The token, which concluded its token sale recently, has already achieved listings by some of the leading exchanges in the industry like Uniswap and MEXC. The developers are hoping to get listings by other exchanges in the coming months.

    Memeinator is a cryptocurrency that seeks to take advantage of several key themes in the industry. It is aiming to join the meme coin craze that is spreading in the crypto sector. 

    In addition to that, the developers hope that it will benefit from the artificial intelligence theme that has become the biggest one globally. Apple launched its Apple Intelligence suite of products while Mistral AI raised over $600 million from investors. 

    Further, Memeinator aims to be a leading player in the gaming industry. They are now building the Meme Warfare game that will reward users for winning. You can learn more about Memeinator here.

    Share this article
    Categories
    Tags

    Source link

  • Memeinator in focus as most meme coins beat Bitcoin in 2024

    Memeinator in focus as most meme coins beat Bitcoin in 2024

    • Bitcoin and Ethereum have jumped by over 50% this year.

    • Meme coins like Floki, Pepe, and Book of Meme have done much better.

    • Memeinator is one of the fastest-growing names in the industry.

    Many meme coins are doing better than big cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. Bitcoin and Ethereum have jumped by more than 50% this year while Ripple has dropped by over 20%. 

    Meme coins are thriving

    On the other hand, meme tokens like Floki, Book of Meme, and Pepe have done much better. Floki has soared by over 450% this year while Pepe has jumped by over 700% in the same period. 

    The same is happening among other meme coins like dogwifhat, Bonk, and Book of Meme, which have all doubled this year. As a result, all meme coins tracked by CoinGecko and CoinMarketCap have gained a market cap of over $60 billion, making them bigger than well-known companies like Lazard, General Motors, Ford, and Stellantis. 

    This trend could continue as more traders seek refuge in meme coins and celeb-themed tokens. For example, earlier this week, Rapper Iggy Azalea’s MOTHER token gained a market cap of over $300 million. It was then passed by DADDY, the new token being promoted by Andrew Tate, the popular provocateur.

    Meme coins do better than big coins like Bitcoin for two main reasons. First, they tend to be driven by hype and momentum. Second, unlike Bitcoin, these tokens are easy to manipulate since most of them are usually held by insiders.

    Third, meme coins trade for lower notional value than Bitcoin. While Bitcoin was trading at $67,000 on Saturday, Memeinator was going for $0.01820 while tokens like Pepe and Minu were going for much lower.

    As a result, traders argue that buying cheaper meme coins will always generate a better return than investing in bigger coins. For example, while it is easy for Pepe to double, it takes longer for Bitcoin to do the same.

    Memeinator to be in focus

    Meanwhile, many crypto traders are now focusing on Memeinator, one of the fastest-growing meme coins.

    The token, which concluded its token sale recently, has already achieved listings by some of the leading exchanges in the industry like Uniswap and MEXC. The developers are hoping to get listings by other exchanges in the coming months.

    Memeinator is a cryptocurrency that seeks to take advantage of several key themes in the industry. It is aiming to join the meme coin craze that is spreading in the crypto sector. 

    In addition to that, the developers hope that it will benefit from the artificial intelligence theme that has become the biggest one globally. Apple launched its Apple Intelligence suite of products while Mistral AI raised over $600 million from investors. 

    Further, Memeinator aims to be a leading player in the gaming industry. They are now building the Meme Warfare game that will reward users for winning. You can learn more about Memeinator here.

    Share this article
    Categories
    Tags

    Source link

  • Memeinator in focus as most meme coins beat Bitcoin in 2024

    Memeinator in focus as most meme coins beat Bitcoin in 2024

    • Bitcoin and Ethereum have jumped by over 50% this year.

    • Meme coins like Floki, Pepe, and Book of Meme have done much better.

    • Memeinator is one of the fastest-growing names in the industry.

    Many meme coins are doing better than big cryptocurrencies like Bitcoin, Ethereum, and Ripple in 2024. Bitcoin and Ethereum have jumped by more than 50% this year while Ripple has dropped by over 20%. 

    Meme coins are thriving

    On the other hand, meme tokens like Floki, Book of Meme, and Pepe have done much better. Floki has soared by over 450% this year while Pepe has jumped by over 700% in the same period. 

    The same is happening among other meme coins like dogwifhat, Bonk, and Book of Meme, which have all doubled this year. As a result, all meme coins tracked by CoinGecko and CoinMarketCap have gained a market cap of over $60 billion, making them bigger than well-known companies like Lazard, General Motors, Ford, and Stellantis. 

    This trend could continue as more traders seek refuge in meme coins and celeb-themed tokens. For example, earlier this week, Rapper Iggy Azalea’s MOTHER token gained a market cap of over $300 million. It was then passed by DADDY, the new token being promoted by Andrew Tate, the popular provocateur.

    Meme coins do better than big coins like Bitcoin for two main reasons. First, they tend to be driven by hype and momentum. Second, unlike Bitcoin, these tokens are easy to manipulate since most of them are usually held by insiders.

    Third, meme coins trade for lower notional value than Bitcoin. While Bitcoin was trading at $67,000 on Saturday, Memeinator was going for $0.01820 while tokens like Pepe and Minu were going for much lower.

    As a result, traders argue that buying cheaper meme coins will always generate a better return than investing in bigger coins. For example, while it is easy for Pepe to double, it takes longer for Bitcoin to do the same.

    Memeinator to be in focus

    Meanwhile, many crypto traders are now focusing on Memeinator, one of the fastest-growing meme coins.

    The token, which concluded its token sale recently, has already achieved listings by some of the leading exchanges in the industry like Uniswap and MEXC. The developers are hoping to get listings by other exchanges in the coming months.

    Memeinator is a cryptocurrency that seeks to take advantage of several key themes in the industry. It is aiming to join the meme coin craze that is spreading in the crypto sector. 

    In addition to that, the developers hope that it will benefit from the artificial intelligence theme that has become the biggest one globally. Apple launched its Apple Intelligence suite of products while Mistral AI raised over $600 million from investors. 

    Further, Memeinator aims to be a leading player in the gaming industry. They are now building the Meme Warfare game that will reward users for winning. You can learn more about Memeinator here.

    Share this article
    Categories
    Tags

    Source link

  • 3 altcoins to watch this week: Polygon, Frax and Memeinator

    3 altcoins to watch this week: Polygon, Frax and Memeinator

    • Polygon (MATIC) rebranding to POL could be a bullish catalyst.
    • Frax (FXS) is launching its layer-2 blockchain, potentially buoying price outlook.
    • Memeinator (MMTR) presale has reached stage 15 as meme coin looks to dominate market upon launch.

    The past week saw cryptocurrencies surge as Bitcoin broke above $48,000. While BTC price has retreated below the above level, investors keen on potential bull momentum in coming months are likely to use the dip to buy more.

    Top altcoins such as Ethereum, Solana and XRP are worth a look at. However, a few tokens could stand out amid key news events and developments. Here’s why Polygon (MATIC) and Frax Finance (FXS) and Memeinator (MMTR) could be two of the tokens to watch in coming weeks.

    Polygon (MATIC): Rebrand could be bullish

    Polygon’s MATIC is one of the top altcoins to retreat on Monday as Bitcoin pared gains from the weekend. The cryptocurrency was down about 3% as the broader crypto market mirrored US futures ahead of this week’s economic data releases.

    MATIC however remains more than 5% up this past week and in position to retest the $1 level. According to crypto analyst The DeFi Investor, Polygon is one of the projects to watch in coming weeks due to the upcoming MATIC to POL rebrand. 

    Per the analyst, the rebrand could happen this month and such events have “generally [been] bullish if done right.”

    Frax Finance (FRX): L2 launch is a key milestone

    On February 7, 2024, the Frax Finance team announced access to the testnet and mainnet of its modular blockchain Fraxtal. Immediate access was available for select partners, while it is set to go live for normal users in coming days.  

    Fraxtal has incentives lined up for users, including an airdrop, liquidity rewards, and new FXTL points. These are earmarked for later this month, with the platform’s partners and developer teams using the interim time to bring their dApps to the blockchain. Staking of FXS is also open.

    FXS price reached highs of $42.80 in January 2022. The current price is 79% down from that peak. If the Frax L2 blockchain public launch adds to overall market catalysts for FXS, its likely to be one of the tokens to watch in coming months.

    Memeinator (MMTR): The meme coin to challenge DOGE?

    Memeinator is a new crypto token in presale. The MMTR token is a meme coin that will be the utility token of the Memeinator ecosystem.

    When it launches, Memeinator’s main goal will be to establish itself as a top meme coin project that challenges and possibly overtakes Shiba Inu and Dogecoin. Part of that mission comes with a hostile takeover of all useless meme coins that offer nothing to the community.

    These subpar tokens are mere copycats that have often left holders with worthless bags. Inspired by the Terminator, the Memeinator has come with the Meme Warfare – ready to render judgement to weak meme tokens.

    The project has already shown its traction with the massive presale participation, surge in social media followers and perhaps most importantly, the launch of its staking pool and token burn. The target is to reach a $1 billion market cap, and that means a potentially significant surge in post-launch price.

    Currently in stage 15, the Memeinator has raised more than $4.2 million, with MMTR price rising to $0.022. Details on the Memeinator presale page shows the next price level will be $0.023, and the value will continue to rise through stage 20 of the presale.

    Share this article
    Categories
    Tags



    Source link

  • Is it time to buy more Memeinator tokens?

    Is it time to buy more Memeinator tokens?

    Key takeaways

    • Bitcoin is up by 3% in the last 24 hours and is now trading above $43k once again.

    • Memeinator is set to conclude the 13th stage of its presale and has raised nearly $4 million so far. 

    Bitcoin now trading above $43k

    The cryptocurrency market has been bearish over the last two weeks. However, the trend is changing and Bitcoin has recovered some of its lost value. Bitcoin is up by more than 3% in the last 24 hours and is now trading above the $43k level again.

    At press time, the price of Bitcoin stands at $43,365 per coin. Bitcoin’s positive performance has spread across the broader market, with the total cryptocurrency market cap now above $1.65 trillion.

    The rally comes as investors expect the US Federal Reserve to maintain its current interest rate. However, if the Fed is to reduce interest rates, BTC and other cryptocurrencies could rally higher in the short term. With the market looking promising, this might be a good opportunity for investors to buy more digital assets. 

    What is Memeinator?

    Investors who are interested in meme coins could look into Memeinator. It is a meme coin that could become a leader in the space. Memeinator is a meme project designed to help content creators generate better content. 

    According to their whitepaper, Memeinator seeks to uphold the culture of quality memes on the internet, ensuring that there is a higher level of quality content available to users. While the crypto space has thousands of meme coins available, only a few offer real-world utility to the users. Memeinator will be one of the few meme coins that offer value to their users and stakeholders. 

    Memeinator will leverage AI technology to identify worthless memes on the internet, allowing users to know them and steer clear of them. The Memeinator developers also have strategies in place that would enable Memeinator to reach $1 billion in market cap over the coming years. They have published a detailed roadmap that shows how Memeinator will reach the $1 billion market cap. 

    At the moment, Memeinator is still in its presale stage and has raised nearly $4 million so far. In the first presale stage, the MMTR was sold for $0.01 and will rise to $0.0485 by the end of the presale, giving early investors an astonishing 132% ROI at listing. 

    Memeinator’s presale raises over $3.9 million

    The Memeinator presale is growing and attracting more investors. It is currently in its 13th stage and has raised more than $3.9 million so far. 

    The native MMTR token can be purchased using three tokens, ETH, USDT, and USDC. According to the official website, the token is available to users on the Ethereum and BNChain blockchains. 

    Furthermore, MMTR can be purchased using a wide range of supported wallets. However, keep in mind that MMTR can only be purchased using ETH, USDT and USDC coins. 

    Click here to read more about the Memeinator presale.

    Why is the Memeinator presale selling rapidly?

    The Memeinator presale is selling fast thanks to the project’s unique proposition to the cryptocurrency space. If the development team rolls out its products and services, Memeinator could become one of the leading meme coins in the crypto space. 

    Its solutions could find massive utility amongst degens, crypto natives, and speculators. The team believes that Memeinator’s use cases go beyond the crypto space, as content creators could use its services to gain access to quality memes. 

    The Memeinator solution will combine AI and blockchain technology. Its AI solution will allow users to analyze and evaluate memes across the internet. This makes it possible to identify lower-quality memes and replace or destroy them. 

    Powered by MMTR, Memeinator is set to offer a wide range of incentives to the token holders. The token has deflationary mechanisms and rewards for holders. The team has also allocated 20% of the tokens for marketing, CEX listing and liquidity. 

    Will MMTR rally higher? 

    At the moment, MMTR is still in presale, which means it is highly unlikely to determine whether it will rally higher or not. However, Memeinator has massive potential and could become one of the leading meme coins in the coming years. The right level of adoption could see Memeinator’s market cap reach $1 billion over the coming years. 

    Leveraging AI and blockchain technology could see Memeinator take advantage of the growing popularity of these two technologies. Currently, its MMTR token is still in presale and could record a massive value increase once it gets listed on centralized and decentralized exchanges.

    Share this article
    Categories
    Tags

    Source link

  • Solana (SOL) rally to $100 could benefit BONK, Memeinator

    Solana (SOL) rally to $100 could benefit BONK, Memeinator

    • Solana price is up 30% in 24 hours as bulls look to strengthen above $70.
    • Meanwhile, Bonk (BONK) has hit a new all-time high amid the bullish SOL outlook.
    • Is the Memeinator (MMTR) likely to benefit from a resurgence in meme coins like Bonk? 

    Solana traded to above $72 on Friday morning, with SOL price gaining more than 13% in the past 24 hours to pierce a level last seen in May 2022.  Solana’s price was hovering at 19-month highs, with bulls boasting a more than 800% spike since SOL flipped higher from lows of $8 in late December 2022.

    Could this surge for SOL cascade to Solana ecosystem meme coin Bonk (BONK)? What would a surging BONK mean for Memeinator (MMTR)?

    Solana (SOL) price could surge to $100 in coming weeks

    Analysts are predicting the 6th ranked cryptocurrency could continue an upside trajectory towards the $100 mark. 

    A look at the charts shows SOL/USD has notched 7 green weekly candles out of the last 8, and on the monthly chart, its four consecutive greens for the first time since SOL rallied higher with five straight greens from July to November 2021.

    Solana price on the weekly chart. Source: TradingView

    With buy-side pressure likely to mount amid key network growth and price action, the former BitMEX CEO Arthur Hayes’ bullish call for Solana to $100 could be on the cards. While that may not happen this weekend, strengthening above $70 could bulls the foundation to assault the higher levels.

    If bears manage to poke their nose into bulls’ business in the short term, then a bearish retest of support could be possible for the range of $60-$55. Below that is the $50 level which will likely act as a robust support area.

    Bonk (BONK)  – Solana-based meme just hit new ATH

    Bonk (BONK) is a Solana-based dog-themed meme coin that has seen significant gains over the past few weeks. Within the Solana ecosystem, BONK stands out as one of the top performing coins, rising over 200% in the past week.

    Over the past 30 days, this meme token has jumped over 1,000%. The past 24 hours have seen BONK rise 30%, hitting an all-time high of $0.00001224 on December 8. This came as trading volume reached $200 million and up 137% in the last 24 hours.

    BONK was launched last year and struggled for any community traction as the meme coin space experienced a dip. However, with interest in Solana rising over the past few months as investors took positions around the layer 1 blockchain, BONK benefited.

    Should the bullish sentiment around Solana continue, and meme coins like Dogecoin, Shiba Inu signal a return of the meme coin glory days, BONK price could take a few zeros off the price level.

    Memeinator price prediction – will MMTR catch the meme coin resurgence?

    The Memeinator (MMTR) is a new meme token looking to leverage artificial intelligence (AI) in the quest to emerge as the top meme coin. While the token has yet to launch, its presale is attracting a lot of attention from investors.

    Memeinator’s whitepaper highlights potential utility via gaming, non-fungible tokens (NFTs), decentralised applications (dApps) integration and staking. As alluded to on the presale page, the MMTR is a token designed to clean the meme coin world by targeting weak meme tokens.

    The project hopes to capture a $1 billion market cap by overtaking low or no utility. This has the investor community primed, with a resurgence in meme coins like Pepe, Bonk and Floki likely the reason the Memeinator presale has raised over $1.75 million already.

    Recent updates like a massive 129 million MMTR burn and launch of staking is likely to see further interest as the presale moves towards a close.

    Once it launches on major exchanges, the price of Memeinator could rise significantly, with buyers who get in at the current $0.014 price potentially adding to the 250% increase the token will see through the remaining presale stages as it rises to $0.049.  

    If market conditions align for a bullish rally in 2024 when MMTR launches, this token could target $0.1 in the year and $0.5 to $1 by end of 2025.

    Find out more before you invest on the Memeinator social media pages or their website.

    Share this article
    Categories
    Tags



    Source link

  • SHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives

    SHIB burn rate soars, PEPE market cap nears $500M, as Memeinator token presale thrives

    • Shiba Inu has removed over 260 million tokens in the past 24 hours.
    • PEPE Coin’s market cap approaches $500 million.
    • Memeinator’s MMTR token presale gains traction, featuring regular price increases.

    There have been significant developments in the world of meme coins with Shiba Inu (SHIB) witnessing a remarkable surge in burn rate, PEPE Market Cap approaching $500 million, and Memeinator’s MMTR token gaining momentum during its presale.

    In this article, we delve into the latest occurrences surrounding Shiba Inu (SHIB), PEPE Coin, and the Memeinator (MMTR) token.

    SHIB burn rate skyrockets by 20,000%

    The Shiba Inu (SHIB) community is abuzz with the recent surge in token burn rate. According to data on the Shibburn website, SHIB’s burn rate skyrocketed by a staggering 20,000%, resulting in the removal of over 260 million tokens in the past 24 hours.

    This record-breaking burn rate, unseen in the last two months, underscores the commitment to reducing the token supply.

    However, despite the remarkable burn rate, SHIB’s price has yet to reflect substantial gains, currently consolidating with a 5% decrease on a weekly basis.

    PEPE market cap approaches $500 Million

    In a separate development, Pepe Coin (PEPE) has surged back into the limelight, with its market cap approaching a formidable $500 million. Following a downtrend, PEPE witnessed a remarkable revival in October 2023, doubling its market capitalization. At press time, the meme coin’s market cap was $458,176,826 according to data from Coinmarketcap.

    The coin’s unique features, including a deflationary mechanism and redistribution system, contribute to its appeal.

    As PEPE continues to attract attention, experts speculate on potential future price increases, with the advancement of the Shibarium layer-2 blockchain solution considered a key factor.

    Memeinator MMTR token presale thrives

    Meanwhile, the Memeinator project is making waves with its MMTR token presale. Leveraging cutting-edge technology, AI insights, and a mission to eliminate subpar memes, Memeinator aims to be the ultimate meme coin.

    During its presale, MMTR token prices are experiencing regular increases every few hours, contributing to the token’s momentum. The project also introduces innovative products like the Memescanner and the Memeinator game, adding utility beyond the meme trading space.

    For those eager to participate in the Memeinator MMTR token presale, the process is straightforward; connect your wallet, select a payment method from available networks, such as Ethereum or Binance Smart Chain, or use a card for payment, and buy your MMTR.

    Those who purchase the MMTR tokens during the presale can claim their tokens at the end of the presale using the same wallet used for the purchase. Details for the collection will be communicated closer to the end of the presale in Q4 2023.

    Adding to the rising MMTR price, Memeinator regularly runs competitions that are open to anyone, including flagship competitions for MMTR token holders. For more information about Memeinator and its presale, visit the official website here.

    Share this article
    Categories
    Tags

    Source link

  • Should you buy more Memeinator tokens as Bitcoin slips below $37k?

    Should you buy more Memeinator tokens as Bitcoin slips below $37k?

    Key takeaways

    The cryptocurrency market has been bearish since the start of the week, with Bitcoin and other major cryptocurrencies trading in the red zone. However, the Memeinator presale has just hit a new milestone and is set to go higher. 

    Bitcoin and altcoins underperform

    Bitcoin and altcoins have been underperforming over the last few days. BTC has lost more than 1% of its value over the last 24 hours. At press time, the price of Bitcoin stands at $36,912 per coin. 

    Leading altcoins including Ether, BNB, Solana, ADA, DOGE, and TRX, have all lost more than 2% of their value over the last 24 hours.

    What is Memeinator?

    Memeinator is a Web3 project designed to help content creators generate better content. It intends to change how people view memes. The project intends to leverage the hype around meme coins by providing users with numerous use cases.

    According to their whitepaper, Memeinator’s job is to destroy worthless memes, ensuring that there is a higher level of quality content available to users. 

    The project differs from thousands of other meme tokens because it offers users real-world utility. Per the whitepaper, Memeinator will use AI  to identify worthless memes, allowing users to know them and steer clear of them.

    The goal is to ensure that Memeinator becomes a $1 billion market-cap crypto project, turning it into one of the biggest meme coin projects in the Web3 ecosystem. The development team has also published a detailed roadmap that shows how Memeinator will reach the $1 billion market cap. 

    The Memeinator presale is currently in its seventh stage and has raised more than $1.5 million so far. In the first presale stage, the MMTR was sold for $0.01, but it has been increased to $0.014 in the current stage. The price will rise to $0.0485 by the end of the presale, giving early investors a whopping 132% ROI at listing. 

    Memeinator’s presale will soon enter the eighth stage

    The Memeinator presale will round up its seventh stage over the next few hours or days. So far, the team has raised more than $1.51 million of its $1.8 million target in the current stage. 

    Its native MMTR token can be purchased using ETH, USDT and USDC stablecoins. At the moment, the token is available to users on the Ethereum and BNChain blockchains. 

    Purchasing the MMTR token is easy as it involves connecting any of the supported wallets to the Memeinator website and buying the tokens using ETH, USDT and USDC coins. 

    Click here to read more about the Memeinator presale.

    Why is the Memeinator presale growing so fast?

    The Memeinator presale is growing so fast thanks to the increasing interest from investors. The project offers real-world utility to users and its MMTR token will power several activities on the platform. 

    Thanks to its utilities, Memeinator could gain massive adoption from degens, crypto natives, and speculators. The team believes that Memeinator’s use cases go beyond the crypto space, as content creators could use its services to gain access to quality memes. 

    Memeinator will take advantage of its AI technology to analyse and evaluate memes across the internet, identifying lower-quality memes to replace or destroy them. 

    MMTR holders will enjoy numerous incentives thanks to the token’s excellent features. The token has deflationary mechanisms and rewards for holders. Furthermore, the Memeinator team has allocated 20% of the tokens for marketing, CEX listing and liquidity. 

    Is the Memeinator a good project for investors? 

    Memeinator could become one of the biggest winners in the bull market if the project gains the right level of adoption. 

    This project will be leveraging AI and blockchain technology to provide excellent value to investors over the coming months and years. With the right level of adoption and the goal to reach a billion-dollar market cap, early investors would be the biggest winners.

    Share this article
    Categories
    Tags

    Source link

  • Memeinator is the new meme coin to watch

    Memeinator is the new meme coin to watch

    • Cryptocurrency prices have surged to the highest point in more than a year.

    • Bitcoin and Ethereum prices have risen to the highest point since May 2022.

    • Memeinator has already raised over $1.2 million from investors.

    The cryptocurrency market has made a strong comeback in the past few months. Bitcoin has surged from last year’s low of $15,500 to over $37,000. Ethereum has surged to over $2,000. Other coins like Bonk, Solana, Cardano, and Internet Computer have continued soaring.

    Why are cryptocurrencies soaring?

    There are three main reasons why cryptocurrencies are jumping. First, cryptocurrencies have roared back because of the ongoing adoption of digital coins by institutional investors. Several mainstream companies like Franklin Templeton, Blackrock, Invesco, and Ark Invest. These companies have all applied for spot Bitcoin ETF.

    And this week, Blackrock unveiled that it was considering launching a spot Ethereum ETF. Analysts believe that this trend will lead to more adaptation by the biggest investors in the world.

    For one, while cryptocurrencies are valued at over $1.4 trillion, their adoption has been mostly driven by retail investors. As such, an embrace by moneyed institutions would have an immediate impact.

    Cryptocurrency prices have also risen because of the actions of the Federal Reserve. The bank decided to leave interest rates unchanged between 5.25% and 5.50% in the last meeting. It then pointed to maintain rates at the current level for a while. This situation will likely continue now that Moody’s has lowered the outlook for America’s debt. 

    Third, they have jumped because of the upcoming Bitcoin halving, which will take place in April 2024. Historically, Bitcoin tends to do well ahead of the periodic halving event. 

    Memeinator to benefit

    A key theme during the ongoing crypto rally is that meme coins have made a comeback. Bonk, the popular Solana meme coin that became a sensation in January, suddenly woke up, leading to a major surge. The token jumped to a high of $0.00000030, the highest point since January. 

    The rebound of meme coins like Bonk and Floki Inu is a good sign that newer crypto tokens like Memeinator will benefit. Memeinator is an upcoming crypto token that is now in the presale stage.

    It is a meme coin that seeks to change the industry. It aims to do that by having a broad ecosystem, which will be powered by Artificial Intelligence (AI). Also, the MMTR token aims to eliminate the competition by investing heavily in marketing. 

    There are signs that Memeinator will be a top meme coin. For one, it has already gained traction among investors, as evidenced by the cash it has raised. The developers have already raised over $1.29 million from investors with no major marketing. You can buy the MMTR token here.

    Share this article
    Categories
    Tags

    Source link