The top meme coins in the crypto sphere often lack utility, so it’s no wonder that they’ve fallen more than 90% since their all-time highs were achieved. Shiba Inu (SHIB), in particular, has been through a tough time over the past two years, which has opened the door wide open for a brand-new competitor to take its place.
Memeinator (MMTR) has set its sights on the top end of the crypto market cap listings and has already been making great progress. It’s hard to remember at times that MMTR has only just been launched because the rate of growth has been nothing short of spectacular.
With just 8 days remaining until the MMTR token gets launched during the presale, here’s everything that investors need to know before jumping in.
How Memeinator could destroy Shiba Inu crypto’s price action
The Memeinator presale is just getting started, making the native MMTR meme coin available at the low initial price of $0.01. When Shiba Inu (SHIB) first got started in the cryptosphere, the native token was worth a fraction of what it is right now. But over the years, SHIB has seen its fair share of highs and lows.
The project has continually overpromised, with insane early predictions, yet most latecomers to the movement ended up losing money. Since 2021, SHIB has lost more than 90% of its value, and it keeps on going down. Every early backer of the Shiba Inu crypto project is feeling pretty hard done by right now.
In contrast, Memeinator, the new meme coin with the goal of hitting a $1 billion market cap while destroying weak and worthless meme coins, looks set to learn from Shiba Inu’s mistakes. The project is using a protected price mechanism during its presale stages. The price will gradually move upward over the coming months as the new MMTR token approaches its first exchange listings later in the year. By this time, the price of MMTR will have risen by 390% from the opening presale round.
Not only will Memeinator protect early investors from price declines, but the project also contains vast upside potential over the long term. It brings real utility to all token holders and gives members of the community the chance to participate in a welcoming online environment. Over time, MMTR could rise in value by 100x, just like SHIB did in the past.
What is Memeinator?
Memeinator has been designed from the ground up to generate viral potential in online crypto communities. The team will invest heavily in meme coin marketing to help drive awareness about the new project all across the internet. To do this, Memeinator leverages an artificial intelligence protocol that can analyze various meme coins on the market and isolate those it wants to destroy in its upcoming Meme Warfare game.
Each MMTR presale investor is in for a chance to win the trip of a lifetime. Not only can investors potentially take a trip to space when the MMTR price explodes after the presale, but one lucky participant will also literally go to space. That’s right — Memeinator will select one member of the community to take a once-in-a-lifetime trip to outer space through Virgin Galactic’s Spaceline.
The marketing techniques being used by the Memeinator squad could help the MMTR token to conquer SHIB over time. The project has already started to gain traction on social media, with more than 10,000 individuals joining the community on Twitter and over 2,000 dedicated members staying active on Discord. Once the token gets released on digital exchanges later in the year, experts expect the community to expand.
As more and more people get involved, Memeinator’s price action could rise exponentially. The goal of the project is to replace unworthy meme coins with a single, unified project that serves the community’s interests by default. It will bring real utility and an active online community, which could produce major growth over time.
How does Memeinator work?
The MMTR crypto presale will make the meme coin available at the low initial price of $0.01. The value of the token is set to rise to $0.049 by the final stage of the event, giving every early backer the chance to make a short-term gain ahead of the full launch later in the year.
Memeinator will also deliver passive yield in the form of staking services on the platform. Any investor can stake their MMTR tokens directly before earning generous token rewards over time. This utility will be introduced shortly after the presale is complete.
There are also going to be some of the most sought-after NFTs being released after the presale. Memeinator will create and launch a rare collection of digital art that can be used as profile pictures or simply collected as a showpiece. These NFTs can help to band the community together around a common, shared identity — and they could also rise in value majorly as MMTR rises in value.
Memeinator’s dedicated artificial intelligence tech stack will scan online crypto communities for the most marketable content. It can perform accurate sentiment analysis and repurpose popular memes into social media posts. This is expected to boost the effectiveness of Memeinator marketing campaigns over time and attract an increasing number of users to the community.
Will Memeinator reach $1 in 2025?
Memeinator has the potential to hit a $1 billion market cap over time for several key reasons. Firstly, the project has deflationary tokenomics. There will only ever be 1 billion MMTR tokens created, so any increases to the size of the Memeinator community will boost the price by default — as scarcity rises, so does the value of the asset.
Experts have highlighted that Memeinator’s marketing campaigns have already started to make waves in Web3. The Virgin Galactic space trip in particular has pricked up some ears, and Memeinator looks set to capitalize on this attention with further community initiatives.
Over time, the $1 price target for MMTR is definitely achievable. This could occur during the next crypto bull market, which is forecasted to take place in 2025. From the initial $0.01 price level during the crypto presale, this would be a 9900% increase.
Is Memeinator worth buying?
Without a doubt, Memeinator looks like the perfect addition to an investment portfolio during the bear market. Prices will begin to rise soon enough, and high-potential projects like Memeinator could post the highest percentage gains out of any project on the market.
Since Memeinator is one of the most exciting meme coin releases of the year, it has the potential to outperform SHIB and all other meme coins in the crypto top 100 in terms of percentage gains. The Memeinator looks set to terminate silly SHIB investors, so make sure to check it out before the token gets launched on crypto exchanges after the presale.
To get exclusive information on the presale and the Memeinator launch, sign up using the form on the Memeinator website.