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Memeinator Presale Smashes Past $3M Mark as Crypto Market Rallies

3 Mins read

Editorial Note: The following content does not reflect the views or opinions of BeInCrypto. It is provided for informational purposes only and should not be interpreted as financial advice. Please conduct your own research before making any investment decisions.

Having surpassed $3 million raised in 3 months, the Memeinator presale is progressing at a blistering pace, with everything on track for the project plans in Q1.

Currently priced at $0.0176 in stage 11 of its presale, there are only 4% of tokens left at this price before the stage sells out.

Memeinator (MMTR) seems to have timed its launch perfectly, with the return of favorable market conditions in 2024 providing powerful tailwinds.

This momentum has created significant attention, with coverage from Cointelegraph, Bitcoinist.com, CoinJournal, and Bankless Times – as well as endorsements from notable crypto influencers like Scott Crypto Warrior and Alan Rogers.

Adding momentum to this runaway project is the highly-anticipated announcement of the Meme Warfare game partnership. Full details will be revealed during upcoming AMAs.

Speaking on Memeinator’s recent progress Marco Tonetti, Head of Product, stated that:

“Memeinator’s incredible momentum means that everything is in place for a successful launch. Multiple factors, including the imminent announcement of our game partner and the overwhelming positivity within the meme coin market, are setting the Memeinator project up for success.”

Users who are interested in Memeinator (MMTR) can purchase it on the official site

Riding the recent surge

As outlined in a recent Coindesk piece, late 2023 was the start of another meme coin bull run, now rippling out into other areas. The resurgence in popularity for coins like BONK has in turn boosted the likes of Sola​na, likely influencing The Avalanche Foundation’s consideration of meme coins as part of their portfolio.

The shift is characterized by investors’ increasing desire for quality meme coins that have a positive impact on the crypto community.

This compounds the positive sentiment in the crypto space, mostly fuelled by anticipation of the Bitcoin halving and numerous ETF applications allegedly on the brink of acceptance.

Riding such waves is a key part of the Memeinator team’s strategy to try to hit a $1 billion market cap. Combined with their viral marketing methods and referral program and positive sentiment, the team hopes Memeinator continues to grow to become a notable project with a vibrant community.

The project’s first staking pool is already open, offering an enticing 45% APY. The pool is fuelled by 27 million MMTR tokens, and user tokens will be locked for 180 days, at which point they can withdraw.

As an additional incentive, a portion of the 7.5% of the tokens dedicated to a competition pool has been set aside for the grand prize; a trip to space with Virgin Galactic. Announced at the end of the presale, one lucky MMTR holder will have the opportunity to enter orbit – similar to the likely fate of their tokens.

The technology at the heart of it

Memeinator is piggybacking on the rise of GameFi, an industry that is expected to surpass $90 billion in revenue over 7 years. To achieve this, the team is developing their Meme Warfare game experience, which will offer exclusive rewards to MMTR token holders.

Meme Warfare will combine sentiment analysis with shoot-em-up gameplay. As the meme coin market shifts, Memeinator’s AI will scan the Web for sentiment around rival coins. Coins with zero merit and insufficient buzz will be fed into the game as characters for players to destroy in a symbolic act of shitcoin defiance.

This incorporation of gaming and AI places Memeinator in a prime position to benefit from the growth of the looming juggernaut that is the GameFi industry. Combined with the current bull run, there’s every indication that the team behind the MMTR token is planning for the long term.

Memeinator is currently in Stage 11 of its ICO, with tokens priced at $0.0176, with only 4% tokens left before Stage 12.

About Memeinator

Memeinator is the antidote to the hundreds of throwaway meme coins that lack any legitimate utility. With its deflationary token, engaged community, expertly crafted NFT collection, and AI-powered video game, it offers real innovation instead of just hype. Its purpose is to eclipse its rival meme coins. And, on the way, deliver strong returns to its community via both trading its MMTR coin and staking, before smashing the $1 billion market cap.

This article contains a press release provided by an external source and may not necessarily reflect the views or opinions of BeInCrypto. In compliance with the Trust Project guidelines, BeInCrypto remains committed to transparent and unbiased reporting. Readers are advised to verify information independently and consult with a professional before making decisions based on this press release content. Please note that our Terms and Conditions, Privacy Policy, and Disclaimers have been updated.

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