Bitcoin hits $63k as Memeinator’s stage 16 presale nears completion

Key takeaways

Bitcoin approaches its all-time excessive worth

Bitcoin, the world’s main digital forex by market cap, has carried out excellently for the reason that begin of the week. It is up by 22% throughout that interval, outperforming different main cryptocurrencies. 

BTC hit the $63,700 mark on Wednesday, its highest stage since December 2021. At press time, the price of Bitcoin stands at $62,969, up by 10% within the final 24 hours. It is now getting nearer to its all-time excessive worth of $69k.

What is Memeinator?

Memeinator is a meme Web3 undertaking that’s nonetheless in its presale stage. The undertaking seeks to offer service to content material creators who use memes. 

According to the whitepaper on the official Memeinator web site, the event crew laid out a collection of methods to assist them flip Memeinator into one of many main meme cash within the crypto house. What makes it an fascinating undertaking is the worth proposition it provides to buyers and content material creators.

The undertaking launching as a meme coin is as a result of the crew intends to leverage the latest development in buying and selling quantity and recognition of meme cash. The crew needs Memeinator to achieve a market cap of $1 billion, which might make it one of many main meme cash within the crypto house. 

What makes Memeinator fascinating is that it provides real-world utility to customers, not like many of the meme cash out there. The major perform of the Memeinator device is to destroy nugatory memes on the web, permitting customers to have entry to solely high quality memes. This ensures that Memeinator offers utility to the customers and incentives to the token holders. 

Memeinator presale raises over $5.2 million

The Memeinator presale is at the moment in its sixteenth stage and has already crossed an vital milestone. The undertaking has raised greater than $5.2 million and is near the $5.4 million goal set for this present stage. 

The native token, MMTR, was offered for $0.01 within the first presale stage and is now going for $0.0233. The worth will rise to $0.0485 by the tip of the presale, giving early buyers an enormous 264% ROI at itemizing. 

It is simple to buy the MMTR tokens as buyers can accomplish that utilizing ETH, USDT and USDC stablecoins. According to the crew, the MMTR token will solely be out there on the BNBChain and Ethereum networks as soon as it begins buying and selling on crypto exchanges. However, the crew intends to launch the token on different blockchains as it seeks to achieve a wider viewers. 

Click here to learn extra in regards to the Memeinator presale.

Should you purchase MMTR earlier than the presale ends? 

The Memeinator presale is drawing nearer to its finish as the crew has offered greater than 70% of the full tokens earmarked for ICO. in response to the crew, there are solely 172,413,793 tokens left for the presale.

CRYPTO ICO UPDATE — ONLY 172,413,793 TOKENS REMAIN IN MEMEINATOR’S CRYPTO PRESALE

HASTA LA VISTA, MEME COINS: https://t.co/h1Yj6kAnG6

— The Memeinator (@TheMemeinator__) February 28, 2024

The Memeinator presale is promoting quick due to the distinctive worth proposition the undertaking provides to buyers. This device appeals to content material creators as it permits them to remove nugatory memes. MMTR will energy numerous actions inside the ecosystem. 

Per the crew, many of the funds raised from the presale spherical would go in the direction of creating the Memeinator AI know-how. This know-how will see Memeinator leverage AI to research and consider memes on the web. 

In addition to that, the MMTR token comes with some glorious options, together with deflationary mechanisms and rewards for holders. The tokenomics present that 20% of the tokens are allotted for advertising, CEX itemizing and liquidity. 

The undertaking provides a novel worth proposition to customers and will change into one of many main meme cash within the crypto house with the appropriate stage of adoption.