Categories: Press Releases

Memeinator Smashes Past the $5m Mark

London, United Kingdom, February 29th, 2024, Chainwire

Memeinator is currently sitting at over $5.2 million in presale buys. Sustained presale action follows the continued rollout of roadmap promises. Earlier this month, Memeinator announced a partnership with award-winning game studio Red Apple Tech for the development of the Meme Warfare game.

Head of Product, Marco Tonetti, said: “The fantastic performance in the presale means the market knows what we’re about: we care about delivering a fun project with genuine longevity and none of the derivative nonsense that’s so common in the space. We’re continuing to develop Memeinator to give our audience the best experience possible, and our partnership with Red Apple is just one part of that.”

Memeinator (MMTR) is available to buy on the official site.

Memeinator’s Mission

Memeinator’s mission is simple: to make meme coins fun and rewarding again while fighting back against the half-baked projects that have come to define the sector.

This fight is embodied in Meme Warfare, an AI-infused game where, playing as the Memeinator, players can battle against inferior meme coins. These coins are fed into the game by an AI that scans the community’s suggestions for meme coins worthy of destruction.

Memeinator intends to reach a $1 billion market cap as it becomes the world’s top meme coin, aiming to leverage its marketing efforts to the fullest in pursuit of this goal.

Inside MMTR’s Push To $5 Million

The project’s adherence to roadmap promises is likely a significant driver behind recent growth. Currently in Phase 1 of its roadmap, Memeinator is on schedule, with Meme Warfare under development and the team now fully in place.

Phase 2 of Memeinator’s roadmap includes NFTs, staking, and influencer campaigns.

Wider market conditions may have also played a role in the $5 million figure being reached so soon. Bitcoin breached $60k recently for the first time since 2021, which for many represents a confirmation of a full-blown bull market.

There looks to be more good news on the horizon, too. Ethereum ETFs could hit the market as soon as May, and the Bitcoin halving looms in April, setting the scene for a market-wide rally.

As capital flows into crypto, it’s likely that an altcoin season will kick off, with some analysts believing this has already begun. Memeinator is perfectly positioned to ride the wave of an altcoin gold rush, bringing its $1 billion market cap target very much into view.

The Memeinator presale has now entered Stage 16, putting MMTR at $0.0233. The price will rise to $0.0246 when Stage 17 begins.

About Memeinator

Memeinator is the antidote to the hundreds of throwaway meme coins that lack any legitimate utility. With its deflationary token, engaged community, expertly crafted NFT collection, and AI-powered video game, it offers real innovation instead of just hype. Its purpose is to eclipse its rival meme coins. And, on the way, to deliver strong returns to its community via both trading its MMTR coin and staking before smashing the $1 billion market cap.

For more information, users can visit Memeinator’s website.

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