- The Memeinator is a new AI-powered meme coin project currently in presale.
- With over $1.4 million raised from investors, the project is moving fast towards its goal.
- As with the broader market, the meme world is a proliferation of copycat projects that Memeinator seeks to destroy.
There’s a resistance movement that’s come back from the future to help crypto rid itself of the nuisance unleashed by weak and worthless meme tokens.
Memeinator, the artificial intelligence powered cryptocurrency leading the mission has one simple goal – find and destroy all dog, frog or whatever meme-inspired token that does not offer real value to its community.
While the weak fall, those in the movement stand a chance to celebrate victory on top of the hill – all visible with a market cap of $1 billion.
The Memeinator: what is it about?
The cryptocurrency industry is warming up to what could yet be its biggest bull market. That has the market excited about potential gains from some of the best projects of this cycle, which means investors are silently positioning themselves.
With so many projects, it could be tough for some even with due diligence. That’s why the Memeinator is here: a project designed to leverage the power of AI to flash out copycat, no value or low quality meme tokens that continue to ensnare unwitting holders.
What makes the Memeinator unique?
According to CoinGecko, there are currently more than 11,000 cryptocurrencies in the market, over 300 of them making up the meme coin sector. Despite its current market capitalization that could well spike past $20 billion, there’s consensus that the space is littered with useless tokens.
They offer no value other than a mimic of top coins and tokens, and are often the staff that scams are made of in the industry. Look around and it’s a twisted version of Dogecoin or Shiba Inu or Pepe with no value but hype.
As some experts have predicted, many of these puny projects face demise and it’s not debatable that most of these will succumb to the terminator. The Memeinator does not want to be the next Dogecoin, or Shiba Inu – it wants to be “the meme coin that rules them all.”
To distinguish itself from the existing group of memecoins, the Memeinator offers its community genuine utility via its native token MMTR. Other than boasting a deflationary token mechanism, the project will also support additional reward and passive income products such as staking and NFTs.
There’s also a game in development that will see MMTR holders participate in an adventure replicating the destruction of weak memes, all with play-to-earn opportunities that add value to gamers. These features will combine with an organic growth of the community amid better marketing and product launches.
Given the Memeinator (MMTR)’s utility, is this a good time to buy?
The MMTR token has a total supply of 1 billion, and 85% of these have been earmarked for the community. It’s an outlook that could see the Memeinator boast one of the biggest and most dedicated communities, a scenario currently panning out given the project’s presale performance.
The 29-stage presale launched just a few weeks ago, yet data on the official presale page shows investors have allocated more than $1.4 million towards its development. The MMTR token sale offers low ICO prices that early backers of the project could look back to as a real bargain when the token goes live across major exchanges in 2024.
As noted above, the crypto market is primed for a bull market likely to be catalysed by regulatory breakthroughs and mainstream adoption. Part of the crypto narrative is the influx of institutional money ahead of products such as spot ETFs.
The memecoin world will benefit from this impetus and with the sector known for explosive price gains, MMTR in a raging bull market is a prospect many investors are unlikely to downplay.
