Meme coin season continues with Solana-based tokens in full swing as Floki (FLOKI) Solama (SOLAMA) post significant gains.
The jump in prices for dog, cat and frog-themed meme coins also coincides with rising interest in Memeinator (MMTR), the new meme project on a mission to dominate the meme coins space.
Solama soars, FLOKI shines as meme coins rally
Dogecoin (DOGE) and Shiba Inu (SHIB) are the top dogs in the meme coin world. With over $20 billion in market cap each, their spot as the 10th and 11th ranked coins by market highlights the massive growth the sector has witnessed in recent weeks. Indeed, the total market cap of meme tokens has jumped to over
But these are not the outperformers as the memecoin season heats up. Dogwifhat (WIF) has been soaring as has Pepe (PEPE), Bonk (BONK) and Myro (MYRO). Milady Meme Coin (LADYS) is another outperformer
Solana-based meme coin Solama (SOLAMA) has jumped 220% in the past 24 hours and a staggering 4,600% in the past week. The meme token, which launched earlier this year amid the spike in Solana meme coins, has reached a market cap of over $174 million.
Meanwhile, Floki (FLOKI), one of the top 10 meme coins by market cap, has soared more than 290% in the past week. FLOKI price is up 78% in the past 24 hours, while trading volume has increased 253% to $1.3 billion (at the time of writing).
FLOKI price has soared after the project’s team announced plans to splash the Times Square with a one month ad campaign. The meme coin’s staking program is also another milestone for FLOKI, with TVL surpassing $420 million to outrank other top meme coins.
Recently, the community passed a proposal aimed at burning 190 billion FLOKI.
Memeinator presale: $6 million raised with 2 stages to go
As the meme market continues to ride the bullish train, one project drawing massive attention from investors is Memeinator (MMTR).
Currently in stage 18 of its presale, Memeinator has attracted more than $6 million. With just two stages to go, it stands out as the next meme coin to watch. But more so, the Memeinator does not seek to ride the speculative bandwagon.
Rather, it seeks to tap into artificial intelligence (AI), gaming, NFTs and a strong community to establish itself as a mainstay within the crypto industry. The key to this is the project’s focus on offering utility and real value to MMTR holders.
More about Memeinator
The Meme Warfare game, a flagship ecosystem of the Memeinator, offers a gamified environment where players will get to terminate all weak meme tokens. The interactive game will nonetheless go beyond the in-game benefits and value for MMTR holders, with Memeinator initiating a hostile takeover of the meme world as worthless tokens get eliminated.
Features such as staking and deflationary token with burn mechanism also adds to the overall market outlook for MMTR.
The project has a total supply of 1 billion tokens and 62.5% have been available in the presale. 90% of the presale phase is done.
In stage 18, the price per token is $0.0261, still a bargain given the potential for an explosive entry into the market.
To learn more, or buy MMTR before the presale ends, visit the Memeinator website.
