The relatively short history of cryptocurrencies has seen a vast number of middle-of-the-road, low-value coins. The overwhelming majority contain next to no utility and exist for pure entertainment purposes. Despite their light-hearted nature, these shallow coins have created almost instant millionaires who have found themselves in the right place at the right time to take advantage of the quick virality in crypto prices.
Shiba Inu, one of the biggest meme coins by market cap, is one such example where speculative investors made insane gains as the Shiba Inu price shot upwards very quickly.
Unlike many meme coins, Shiba Inu has performed admirably over the long term, showing unusual staying power in a sector that sees coins regularly fizzle out almost as fast as they hit the public consciousness. With the meme coin sector riddled with the twitching corpses of low-quality projects, a new white knight is riding to the rescue, aiming to prioritize quality over quantity among meme coins.
Welcome the Memeinator, a new rebel meme coin with a definite cause: seek and destroy weak meme coins cluttering the landscape, making it impossible for investors to see the wood for the trees. Here’s why experts expect the Memeinator to thoroughly outperform Shiba Inu’s price action this year and beyond.
What is the Memeinator, and how does it work?
One look at the top meme coins by market cap would lend credence to the belief that detritus rises to the surface. Dominated by meme coins that serve zero purpose beyond minimal entertainment value, the sector has long needed a thorough cleanup.
Enter the Memeinator, a brand-new idea in the meme coin sector. While it retains the fun characteristics of what gives meme coins their irresistible allure, the Memeinator also offers investors real innovation, value, and longevity, that already marks it out as one to watch.
Fusing this combination of cutting-edge new technology and a unique value proposition with the retro appeal of the Arnie movie franchise, The Terminator, the Memeinator aims to rid the meme coin sector of subpar coins like ApeCoin, Pepe Coin, Baby Doge, and dozens more, while hoovering up their market share and achieving a $1 billion market cap.
So far, so good, but how will the Memeinator bring something different to the meme coin sector and launch its bid for market dominance? Already gaining significant grassroots support from a legion of disaffected meme coin fans, increasingly dismayed at the rancid quality of coins on offer, the Memeinator will bring AI technology to the marketplace with the Memescanner, supported by the MMTR token.
As the AI technology sniffs out useless meme coins, it feeds them into another of the Memeinator’s appealing aspects. Meme Warfare is an online shoot-em-up game that allows players to inhabit the Memeinator and use the Memescanner to find weak meme coins to eradicate.
The Memeinator price prediction
Anyone familiar with the Terminator franchise will recognize 29th August as Judgment Day, and it’s no coincidence that the Memeinator chose to announce its 29-stage presale on this date. A 29-day countdown to the ICO launch kicked off, and investors started to scramble for tokens on the 27th of September.
The MMTR token launched at $0.01 before increasing to an eventual value of $0.049 by the end of the ICO. This equates to a crypto price growth of 390% that day-one investors can reap before the coin hits exchanges and truly goes viral.
Analysts are already looking into the future crypto price performance of the MMTR token and predict a bright future. With its $1 billion market cap aim, expert predictions are that MMTR will see viral action once it hits public exchanges thanks to its enticing project roadmap and the chance to be part of something genuinely pioneering. $1 looks achievable by 2025 before the next bull market takes hold.
What is Shiba Inu?
Shiba Inu takes its name from the Japanese hunting dog of the same name, which has become the basis for so many current meme coins. An Ethereum ERC-20 token, Shiba Inu is widely accepted as the current challenger to Dogecoin’s ongoing supremacy in the meme coin market. Launched in 2020 by an anonymous group named Ryoshi, Shiba Inu is only now beginning to recognize the need to diversify its approach to maintain its standing in the meme coin market.
The launch of Shibarium, a layer-2 blockchain solution also hosted on the Ethereum blockchain, has seen Shiba Inu take its first steps into taking its offering beyond the meme coin. This release hasn’t shown any immediate spike in the Shiba Inu price, but entering an already saturated market means that Shiba Inu has plenty of work to do to stand out.
Shiba Inu price prediction
The Shiba Inu price prediction is much more subdued than the Memeinator’s. Analysts don’t see a massive run on the SHIB token despite the platform’s diversifying attempts. Currently trading at $0.000007, experts see moderate growth to around $0.000011, just over a 50% price increase as likely between now and 2025.
MMTR vs. SHIB: Which is the best crypto investment?
Shiba Inu will be one of the meme coins targeted by the Memeinator, challenging its attempts to diversify. The Memeinator’s clear value proposition, aims, and growing strength will likely render it unbeatable in a battle between the two.
This makes the Memeinator all the more appealing as a crypto investment option, as it looks to take on all comers and win, clearing the way for only the strongest to survive and leave investors with a clear run at projects that will drive home impressive returns.
As the release of the MMTR token has begun, investors should get in as early as possible to ensure they don’t miss out on potentially making nearly 400% returns during the Memeinator ICO.
To get exclusive information on the Memeinator launch and presale event, sign up using the form on the Memeinator website.
Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.
