- Pepe price has declined nearly 12% in the past two weeks amid falling volume.
- Memeinator is the token that takes the joke out the meme.
- Memeinator presale is gaining momentum as utility and focus drive investor confidence.
As the Memeinator presale picks momentum, a recent meme coin big hitter is struggling for traction. The lull in Pepe’s market looks to have shone a spotlight on Memeinator’s strong utility offering.
And with the presale hitting $1.6 million in weeks, the new dog-themed meme token is finely positioning itself in the market. What comes next could be a showdown not just the frog-themed token, but all those likely to be deemed subpar and unworthy of a place in the meme coin kingdom.
Memeinator (MMTR) vs. Pepe (PEPE) – a world of meme difference?
Pepe (PEPE) is an ERC token created just as that – a meme coin. It offered no real utility, had no whitepaper and roadmap. Its explosion in the market was pure speculative action at its best.
Memeinator might bear the same meme coin tag with Pepe, Shiba Inu, Dogecoin and multiple others. But where it differs with the lot of them is by bringing a serious technological platform to the sector. Memeinator is the meme coin project that seeks to put “serious” in the “meme.”
MMTR has a total supply of 1 billion, while PEPE has a total supply of 420 trillion.
While PEPE is likely to see fresh bursts of upside momentum, the lack of real utility or intrinsic value puts it in the crosshairs of Memeinator – the terminator come to clear memesphere of low utility meme coins.
Memeinator – how it works
Powered by blockchain and artificial intelligence, the project integrates NFTs and gaming with staking to offer the community a platform where value lives. Its AI tools, as highlighted in their whitepaper and added to the roadmap, will see it release the Meme Warfare game – an action role play that will bring all puny meme tokens to judgement.
Destruction of these useless tokens is an endeavour geared towards not only wiping out useless projects, but also capturing the $1 billion market cap for the Memeinator. This dog meme is a resistance movement, and it packs the canine power it needs to take down rivals.
MMTR vs. PEPE: Pepe falters as price dips 12% in two weeks
Pepe hit the market with a bang early this year, taking the shine off Dogecoin and Shiba Inu as its price raced to an all-time high of $0.00000431 on May 5. PEPE has since lost 75% of that value going by current price. Having danced onto the stage with not more than hype in hand, the force that saw it swagger to lofty highs is quickly evaporating.
Market data shows investor cautiousness has invaded the meme coin in recent weeks. After leading other meme coins higher as Bitcoin broke above $35k, data across exchanges shows PEPE has dipped nearly 12% in the past two weeks.
Meanwhile, trading volume has shrunk, with a 21% decline in the past 24 hours. Memeinator will offer 85% of total supply to presale bidders.
Meanwhile, MMTR price has reached $0.014 in presale stage 7. The dynamic presale will see MMTR value rise to $0.049 at the end of stage 29, before the tokens list on top-tier crypto exchanges. Given its utility and analyst projections, capturing the $1 billion market could put MMTR price well above $0.5.
