FLOKI Strengthens Bullish Outlook, but Is the Memeinator the One to Watch?

FLOKI and the Memeinator have a mission – to dominate the crypto space. With a market cap of $328 million, FLOKI currently ranks as the fourth-largest meme coin behind Dogecoin, Shiba Inu and Pepe.

Memeinator is a new project currently in presale. In particular, the Memeinator aims “to rule” the memecoin market by taking out one weak meme token after the other. Could its official launch in 2024 come with a powerful wave that sweeps it above FLOKI?

Or will FLOKI crypto, riding on its utility and the traction of TokenFi, its crypto and asset tokenization platform, survive the purge?

FLOKI gaining new traction?

FLOKI offers utility and is getting increased support from crypto platforms, businesses and entrepreneurs.

Other than the Valhalla project, a gaming ecosystem with support for non-fungible tokens (NFTs), traction for FLOKI could go hand in hand with that of its project TokenFi (TOKEN). FLOKI holders can stake their tokens to earn TOKEN, with roughly 56% of the 10 billion supply set to be distributed to the community via this staking program.

Floki’s crypto locker protocol, FlokiFi locker has seen its TVL surpass $107 million, suggesting confidence in the project.

Elsewhere, TokenFi’s whitepaper highlights several products that could see TOKEN and FLOKI benefit amid rising demand. The product list includes a launchpad, generative AI, smart contract auditor and real-world assets (RWA) tokenization module.

Notable also is that listings for both FLOKI and TOKEN on major crypto exchanges are adding to their growing visibility. Tying this to utility might be what the meme coin ecosystem taps into to outperform in coming months.

Given this outlook, do you buy FLOKI, or will you look at the Memeinator as you position yourself in the market?

What is the Memeinator?

Memeinator (MMTR) is a new meme cryptocurrency powered by artificial intelligence and blockchain. It promises to be community-driven, with multiple real utility offerings that could see it outmanoeuvre other meme tokens in the market.

Unlike other hype-driven projects, whose sole goal appears to be speculative price gains, the Memeinator plans to infuse real-world impact.

Rather than copy Dogecoin or Pepe, the Memeinator blends innovative AI-enabled marketing with a decentralised play-to-earn (P2E) game, crypto staking and NFTs. Growth for the project is forecast to come from real value metrics from rewards and earnings across gaming as players terminate weak meme coins.

FLOKI price outlook

FLOKI’s growth potential could make it an enticing prospect going into 2024 and beyond. The project remains one of the biggest meme coins and traction for its asset tokenization platform amid growth for the $16 trillion industry is a noteworthy factor.

FLOKI at $0.00003240 today means its price has declined 8% over the past month. But its 250% growth over the past year also suggests there’s potential for a major uptick should crypto explode in the next bull market.

Therefore, despite trading more than 90% down from its all-time high reached in November 2021, it could still reach and surpass $0.00033651.

Memeinator presale and price outlook

For Memeinator, its likely dominance in the market is down to its strong utility. Also positive for MMTR is the fact that most projects below the $1 billion market cap in the memesphere offer nothing by the risks of speculative trading.

Currently MMTR is in stage 7 of its presale, with each token priced at $0.014. This price is programmed to rise to $0.0485 by the end of the presale, offering a potential 250% gain on positions before Memeinator’s anticipated launch in early 2024.

Investing in MMTR at current presale prices could offer an advantage to investors as it’s both a low entry point and carries the potential that comes with new projects. Investors keen to position themselves have so far allocated more than $1.5 million into MMTR.

Find out more about Memeinator from their whitepaper. You can also join the presale here.