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Memeinator continues its tag as the hottest meme coin in the presale market, surpassing the $4.5 million mark as cryptocurrencies soar. The crypto project, which is set to launch in the market after its presale, is currently in stage 15. Only five more stages before Memeinator’s MMTR launches across crypto exchanges.
Bitcoin surge above $50k puts bears on notice
After a lull in the market, crypto is seemingly back with a bang. In the past 24 hours, Bitcoin has broken the $50k level – the first time BTC has inched above this psychological level in two years. Analysts say BTC price could soar past $60 pre-halving, with the post-halving rally projected to catapult the digital gold asset to above $100k in 2024.
As Bitcoin raced to highs of $50,259 on Tuesday, the altcoin market also saw fresh bullish sentiment. Ethereum, which rose to highs of $2,680, could eye the $3,000 level in coming weeks. The top altcoin is seeing the new upward momentum as Franklin Templeton joins BlackRock, Fidelity and Grayscale among other companies in applying for a spot Ethereum ETF. The asset management firm filed its S-1 form with the US Securities and Exchange Commission (SEC) on Monday.
On the other hand, Ethereum price could spike to above $4,000 ahead of the anticipated Ethereum ETFs approval in May. This scenario, according to market experts, bodes well for the broader altcoin market, including the resurgent meme coin sector.
Memeinator (MMTR) smashes past $4.5M milestone
Memeinator is a new crypto AI project inspired by the 90s film hit Terminator. Its mission from the future is to bring judgement to all puny meme coins.
Leveraging blockchain and AI, the Memeinator will take on the weak and scam tokens via its Meme Warfare game, a hostile takeover that puts the community of MMTR holders at the centre of its march to $1 billion market cap.
Is Memeinator (MMTR) the meme coin that will dominate 2024 and beyond?
This might well be the case given the massive interest this crypto project has attracted in the past few weeks. The 130 million MMTR token burn and staking launch signaled this, while the recent mega partnership with gaming platform Red Apple Technologies cemented this fact.
The great response from the community sees Memeinator currently in stage 15, with more than $4.5 million raised.
As it brings utility to users via the play-to-earn game, NFT collection and staking rewards, this project stands out as one of the best meme coins to buy in 2024. Its first step to dominance when it launches will be to challenge Solana-based meme tokens such as Myro, Wen and Bonk.
MMTR is priced at $0.022 in presale stage 15, and will jump to $0.0223 in the next stage before rising to $0.0292 in the final stage. Investors looking to buy today could still lock in 32% presale ROI before tokens launch in the secondary market. Notably too is the fact that one can join the staking program for a chance to receive up to 45% staking return.
More details on how this works are on the Memeinator website.
The post Memeinator hits $4.5M presale as crypto bears retreat appeared first on Invezz
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