- Memeinator (MMTR) presale has surpassed the $2.9 million mark amid huge interest from across the market.
- Anticipation for a spot Bictcoin ETF approval has crypto investors eyeing new potential gems.
- Memeinator, which seeks to dominate the meme coin sector, is likely to outperform in the bull market.
The cryptocurrency market is at its most bullish level ever as experts say the current bull market is just getting started. As traders and investors take positions, Bitcoin, Ethereum and several top altcoins tick several boxes.
But emerging as a likely contender for “next big gem” is new meme coin project Memeinator (MMTR). Here’s an overview of its presale traction ahead of potential market debut.
Memeinator (MMTR): All eyes on meme coin dominance
Meme coins have had their day in the crypto market in the last couple of years, with Dogecoin, Shiba Inu, Pepe and Bonk topping the rankings by market cap.
Memeinator targets getting into and dominating this top list with its innovative community-driven project. But what is it that could set it apart from the hundreds of new meme tokens looking to burst into the market?
According to the project’s whitepaper, this dog-themed project does not plan on barking without biting.
Armed with genuine utility, it plans to beat hype-driven, worthless tokens. Purging these from the market will see MMTR aim for the $1 billion market cap as its community taps into the potential of play-to-earn gaming, staking and NFTs.
As the project development takes shape, leveraging artificial intelligence and blockchain technology, interest in the native MMTR token has increased.
Memeinator presale hits $2.9 million
With 26 days left to the end of Memeinator’s iconic $250,000 Virgin Galactic trip to space competition, the incentive to participate in the MMTR presale is getting even hotter. The project also has a $100,000 giveaway and staking with over 21,500,000 MMTR rewards is also live.
The anticipation of a massive bull market has crypto enthusiasts and investors scooping this token in huge numbers. Investors have put over $900,000 into the Memeinator presale in just days. The token’s ICO offer has been on fire since bursting past the $2 million mark.
As of today, Memeinator is in stage 11 of the presale. That means only 9 stages remain before the token makes its market debut via listing on top crypto exchanges.
Notably, the token sale has hit $2.9 million in the current stage. At the pace it has gained traction this past few days, it could hit the targeted $3.2 million at this level before next week.
Analysts say the timeline for approval of spot Bitcoin ETFs remains between January 8 and 10, 2024 – an event that could lift Bitcoin price past the $50k mark. Altcoins are expected to mirror the upside and Memeinator could get fresh impetus amidst this positive catalyst.
To buy MMTR with ETH, USDT or USDC, join the Memeinator presale.
