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Memeinator Presale Crosses $3M, Riding on Market Momentum

Memeinator, the meme-based crypto project, has surged upwards, with only 4% of the MMTR token left at stage 11 of the presale. The project has raised over $3 million in 3 months, and its token is currently priced at $0.0176. Furthermore, the project team says its plans for Q1 of 2024 are very much on course.

The Memeinator strategy: Riding on incentives, gaming and market momentum

MMTR is keen on leveraging the current crypto market momentum, and this is expected to be strengthened further by the forthcoming Meme Warfare game. The game will see players rewarded using MMTR token.

Meme Warfare is going to be a shoot-em-up game driven by sentiment analysis. As the meme coins market undergoes adjustments, Memeinator’s AI will scan the internet for sentiments regarding particular tokens. Coins that don’t have any value or enough buzz will be added to the game as characters that players can destroy as a symbol of rebellion against such “valueless” tokens.

In the meantime, Memeinator will be riding on the Bitcoin ETF wave, which began in the last quarter of 2023. Memeinator is counting on riding such waves to realise its target of hitting $1 billion market capitalisation. To do this, it is looking to replicate the success of BONK,which recorded 1,400% growth in 2023. Finally,the current momentum is likely to get stronger and possibly develop into a bull run, thanks to the highly anticipated Bitcoin halving event, expected in April 2024.

Also, the project expects a successful return driven by its 45% APY on staked MMTR locked over a period of 180 days. Memeinator has allocated 27 million tokens to its staking pool. Another significant incentive is a competition pool which has been allocated 7.5% of the project’s total token supply. The competition will see one lucky user win a trip to space via Virgin Galactic. Investors can buy the Memeinator (MMTR) token on the official site