Memeinator (MMTR) hit the MEXC and Uniswap exchanges on 29th May at 3 PM UTC. This followed its highly successful presale, where Memeinator raised an impressive $7.7 million. The potential around this meme coin is through the roof, and prospective investors are eager to secure early positions as Memeinator starts its journey to $1 billion.
For those who participated in the presale, claiming will only be possible on the official Memeinator website.
Memeinator is overflowing with potential and utility
Most meme coins succeed solely on hype. Memeinator, however, isn’t only banking on the massive fanfare it has generated. The hot new meme coin has a fully working ecosystem and robust fundamentals. With exceptionally bullish market conditions for meme coins, MMTR looks ready to go on a parabolic run this year and beyond.
The meme coin sensation is leaning into the narrative of its main character, Memeinator, sent back from the year 2077 to the present day, carrying out its quest to trounce the weak crop of meme coins, saturating the space. In doing so, Memeinator plans to establish a new standard for meme coins.
Its game, Meme Warfare, allows players to step into the Memeinator’s shoes and blast rival meme coins to smithereens. And along with its soon-to-be-released NFTs, MMTR is gearing up to smash the $1 billion market cap.
Deflationary tokenomics + staking to fuel MMTR rise
Memeinator’s staking incentives and deflationary tokenomics constitute a significant draw for early adopters. With staking pool 1 ending, Memeinator launched a new staking pool on 28th May. Pool 1 stakers who wish to join Pool 2 will be able to transfer their tokens, while previously unstaked holders can stake them right away in Pool 2.
Interested stakers could earn up to 60% APY at a maximum lock-up of 6 months. Memeinator’s quarterly token burns and staking incentives limit the circulating supply of MMTR tokens. This reduced supply increases buy-side pressure on the token, which could lead to a massive price surge for Memeinator holders.
Why MMTR has everything in place to go parabolic this year
Memeinator has chosen the perfect time to launch. 2024 has been the year of meme coins, with several big names going up and to the right over the past few months. Pepe has surged well over 1000% since its launch just over a year ago. And Solana meme coins like Bonk and dogwifhat have exploded roughly 6000% and 2000%, respectively, over the past 6 months or so.
Plus, there are wider crypto market factors nudging things along. Bitcoin ETF approval and halving hype have been pumping things all year. And the recent Ethereum ETF approval has given altcoins – and especially meme coins – another reason to go crazy. Pepe’s recent all-time high is a perfect example.
Hardly surprising that the meme coin market cap stands at around the $60 billion mark.
Marketing plan for Memeinator foreshadows a big year
The brain trust behind Memeinator has put together an ambitious marketing plan to sustain its momentum from a sold-out presale launch all the way to its goal of reaching a $1 billion market capitalization.
Memeinator will feature regular AMA sessions with the development team, including twice-weekly sessions allowing community members to ask the top brass their questions and receive updates directly from the source. Moreover, Memeinator plans to liaise with its key media partners to bring a fresh set of investors to the project and leverage Key Opinion Leaders to expand the project’s visibility into new audiences. The project’s robust marketing plan will continue running ads on thousands of industry-specific websites to draw even more eyes as it prepares for its listing.
Memeinator is well within striking distance of 100x in 2024
With a thriving community of over 100,000 members on both X and Telegram, Memeinator is just getting started. The team has already demonstrated its commitment to delivering on its roadmap, with Meme Warfare and the NFT fan art collection in the works. Now that the MMTR coin has listed, thousands more eyeballs will be on this game-changing new meme coin.
Memeinator is available to buy on MEXC and Uniswap.
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