Memeinator, the community-centric deflationary meme token, has passed the $1 million raise milestone, less than four weeks into its presale. According to the team behind the meme coin, this marks a significant step in their mission to reach a $1B market cap. Furthermore, the current momentum puts the token on track to early listing in 2024.
The token presale is now heading towards the end of stage 5, with the price set to rise to $0.0125 from $0.0133 for stage 6. To incentivise investors to join the project, Memeinator has launched a referral programme , with up to 15% in referral fees going to referrers. Memeinator is counting on its “Resistance” community”; to push the project’s mission by stirring up a revolution to disrupt the norm in the meme coin trading market.
In a recent statement, the Memeinator team also launched its merchandise store, as well as special product concept video as part of its viral marketing strategy. Going by its targeted $1 billion market cap, it is clear that Memeinator is keen on facing off with leading meme ecosystem rivals, Dogecoin and Shiba Inu.
Strategy, utility and an impending 288% rise by MMTR
The team’s strategy involves employing powerful marketing techniques to attract attention, build a strong community and eventually list on Tier 1 exchanges. Part of the marketing campaign involves using blockchain conferences like those recently held in London and Dubai to showcase the project’s growing muscle. Dylan Lee, Memeinator’s community manager has been spearheading the onslaught.
Memeinator prides itself as being among the few meme tokens with real utility. The project is keen on debunking the myth that meme tokens are all hype and no substance. It is developing an AI based on sentiment analysis, backed by MMTR token, which is designed to power the upcoming Meme Warfare Episode 1 – The Memeinator Chronicles game, whose launch is set for early 2024 “Meme Warfare:”
The action-packed game will reward MMTR token holders with a variety of exclusive features, but also generate rewards from what is hoped to be a heavy web2 presence that can feed back into the project in its journey to the top traded meme coin charts.
With the GameFi industry expected to rake in over $90 billion in revenue in the next 7 years the Memeinator project intends to leverage MMTR to grab a slice of the pie. The project has undergone a trustworthiness and security audit by renowned German blockchain audit firm, Solid Proof, giving investors much-needed confidence to support it.
As Stage 5 of the presale comes to a close, MMTR tokens will see their price increase by 288% before listing on exchanges early next year. Therefore, this is the best time for the discerning investors to dig in.