Key takeaways
The cryptocurrency market is having a positive week so far following the dip over the weekend. BTC is eyeing the $44k level once again and could rally higher in the short term. Meanwhile, Memeinator’s presale is now approaching a key milestone.
BTC targets $44k
Bitcoin, the world’s number one cryptocurrency by market cap, has been performing well since the start of the week. It is up by more than 2% over the last 24 hours and has recovered from the weekend’s dip.
At press time, the price of Bitcoin stands at $43,647 per coin. If the bullish pattern persists, BTC could be eyeing the $44k level over the next few hours. Altcoins have also been performing well, with SOL and AVAX being some of the best performers.
What is Memeinator?
The crypto market is recovering from its weekend dip and investors continue to invest in new projects. Memeinator is one of the projects that has caught the attention of investors in recent weeks.
It is a Web3 project that seeks to provide excellent services to content creators within the crypto ecosystem and beyond. Memeinator is launching as a meme project and is on a mission to destroy worthless memes on the internet.
The development team are working hard to see Memeinator reach a billion-dollar market cap once its products become available and its token gets listed on cryptocurrency exchanges.
Memeinator will leverage AI technology and blockchain to identify worthless memes, allowing investors to know them and avoid them.
At the moment, its presale is in its ninth stage and the team has raised more than $2.3 million. 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 investors an amazing 132% ROI at listing.
To conclude the presale, the team will launch a Memeinator game where players will get a chance to eliminate enemy memes and win some exciting prizes.
Why is the Memeinator presale attracting more investors?
Memeinator continues to attract the attention of investors thanks to its excellent and unique value proposition. With the right level of adoption, Memeinator would be used by degens, crypto natives, speculators, and content creators. This could turn Memeinator into one of the biggest meme coins in the crypto space.
Per the whitepaper, Memeinator will leverage AI to analyse and evaluate memes on the internet, identifying lower-quality memes to replace or “destroy. The primary objective of Memeinator is to uplift meme culture and quality.
To make its MMTR token attractive to investors, the Memeinator have rolled out some excellent incentives and features. There are rewards for holders while the token has deflationary mechanisms. Additionally, 20% of the tokens are allocated for marketing, CEX listing and liquidity.
Click here to read more about the Memeinator presale.
Is the Memeinator going higher?
MMTR’s price will continue to go higher till the end of the presale. During the first stage, MMTR was sold at $0.01 per token and it now goes for $0.0157. The price will increase to $0.0166 once the presale enters stage ten.
Memeinator has raised nearly $2.5 million since the presale launched a few weeks ago. This meme coin intends to leverage AI technology to provide excellent value to investors and users in the medium and long term.
MMTR’s value could soar higher in the coming months and years once the token gets listed on cryptocurrency exchanges. Furthermore, with the crypto market now bullish, MMTR could gain massive adoption and a surge in price in the medium to long term.
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