Friday, 19 July 2024

Crypto News

Memeinator’s presale moves swiftly, with 70% of allocated tokens now sold

Memeinator’s presale moves swiftly, with 70% of allocated tokens now sold

Key takeaways

What is Memeinator?

Memeinator is a Web3 project that intends to launch as a meme token and provide utility to those that use memes. 

The whitepaper details the strategies the development team intends to make to turn Memeinator into one of the leading meme coins in the crypto space. What makes it an interesting project is the value proposition it offers to investors and content creators.

Memeinator launching as a meme coin is to take advantage of the recent growth in trading volume and popularity of meme coins. 

The team explained that Memeinator’s primary utility is to destroy worthless memes on the internet, allowing users to have access to only quality memes. This ensures that Memeinator provides utility to the users and incentives to the token holders. 

By leveraging AI, Memeinator can easily identify worthless memes, enabling content creators and other users to know them and steer clear of them. The development team have a $1 billion market cap target for Memeinator once it begins trading on crypto exchanges. 

Memeinator presale crosses the 70% mark

The Memeinator presale is currently in its 14th stage and has already crossed an important milestone. The team announced a few hours ago that 70% of the total tokens allocated for presale have been sold. 

This is an important benchmark as it implies that only 30% of the Memeinator presale tokens are available to investors during the remaining round. 

So far, its presale has been moving excellently, The native token, MMTR, was sold for $0.01 in the first presale stage and is now going for $0.022. The price will rise to $0.0485 by the end of the presale, giving early investors a massive 264% ROI at listing. 

Memeinator’s presale approaches $4.4 million

The Memeinator presale is roughly four months old and the team has raised nearly $4.4 million so far. Buying into this project is very easy as investors can purchase the Memeinator token (MMTR) using ETH, USDT and USDC stablecoins. 

According to the team, the MMTR token will only be available on the BNBChain and Ethereum networks…

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