- Memeinator has attracted more than $1.3 million from investors.
- ORDI and other BRC-20 tokens surge as volume jumps 20%
- Why might investors want to buy the Memeinator (MMTR) instead of ORDI, TRAC and other BRC-20 tokens?
BRC20 tokens are on a roll as the markets bounce amid Bitcoin’s return to prices above $37k following a brief dip to the $35k level.
As cryptocurrency rebounds, Bitcoin Ordinals NFTs are witnessing volumes comparable to those recorded earlier in the year. Meanwhile, the prices of several BRC-20 tokens have soared. Ordinals (ORDI), TRAC Ordinals (TRAC) top the BRC-20 charts. But amid all the crypto market excitement and surge in BRC-20 tokens, the trending presale is the Memeinator.
Here’s a look at BRC-20 tokens and why investors might want to buy the Memeinator.
What are BRC-20 tokens and why are they surging?
BRC-20 is a token standard built on Bitcoin, the world’s flagship blockchain network. The Ordinals protocol allows for the use of NFTs by making it possible for users to permanently attach unique data such as text and images to satoshis (SATs).
These have effectively brought NFTs to the Bitcoin blockchain and are the reason for unprecedented transaction volume and latest price surge.
On-chain data shows Bitcoin Ordinals volume increased by $20 million, more than 21% up in the past 24 hours. It’s nearly 70% in the past week. Amid this has been the price gains for top BRC-20 tokens, whose market cap is up 22% in the past 24 hours to over $774 million. According to CoinGecko, the daily trading volume was $413 million.
Ordinals (ORDI) sits at the top of the BRC-20 charts with a market cap of $557 million. The ORDI price is up 23% in the past 24 hours and is nearly 80% higher over the week, after its recent listing on Binance catapulted interest.
TRAC Ordinals (TRAC) is the biggest gainer on the day with a 97% upside driven by speculation that it could soon list on a major exchange.
What is the Memeinator?
Memeinator (MMTR) is a meme coin that looks to distinguish itself from the rest of the market by offering real utility to the community. It’s mission also includes taking the meme coin world to the next level by purging the industry of all weak and worthless meme tokens.
No puny dog, frog or rat inspired meme token will survive the systematic annihilation set to be unleashed by this AI-powered Terminator. As it looks to dominate memesphere – the Memeinator does not seek to become just another Dogecoin, Shiba Inu or Pepe – the challenge is to swiftly wiped all weak meme tokens off the face of meme world first.
To achieve this, the Memeinator’s MMTR token will not just ride the power of AI to create a viral marketing system, but will target the $1 billion market cap by offering real value to the community. If trading meme coins can hit astronomical market values just on hype, it remains to be seen what a project that strides in the limelight with real value could achieve.
Apart from staking, the project’s roadmap lines up innovative launches of NFTs and gaming. The latter will see the community engage in immersive action-packed adventure – the Meme Warfare game, with in-game rewards for eliminating identified meme coin targets.
There’s more on how the Memeinator works on the official presale page.
Could the Memeinator be a better investment than BRC-20 tokens?
When it comes to new meme coin projects, and there are many, none has generated the wave of interest as Memeinator. Already boasting a growing community across its social channels, the presale shows the investment community sees potential in what the project promises to offer.
Investors have taken note of the AI and crypto narratives getting top traction, and with it could be MMTR’s prospects. That’s an outlook based on a market expected to explode past the $3 trillion reached during the previous bull market as regulatory clarity and spot ETF approvals drive investors to the sector.
While BRC-20 tokens are likely to continue seeing decent traction amid Bitcoin’s price gains, the Memeinator is uniquely positioned and could dominate the meme coin with its genuine utility. The presale is earmarked for 29 stages, but investors keen to lock in early gains might want to buy MMTR today.
Investors have poured over $1.3 million in the token’s presale – which is set to hit stage 7 and push the price from $0.0133 to $0.014. The MMTR presale price will rise to $0.0485 and targets of $1 in bull market in 2024-2025 are possible.
