$7.7M Raised: Memeinator Could Be 2024’s Best Crypto to Invest In

UTC by Andy Watson · 4 min read
$7.7M Raised: Memeinator Could Be 2024’s Best Crypto to Invest In
Photo: Memeinator

Analysts predict that Memeinator could feasibly replicate the impressive growth charts of Pepe, with the potential to surpass a $1 billion market cap in the near future.

Memeinator celebrated a significant milestone after listing on MEXC and Uniswap, with the futuristic meme coin raising a whopping $7.7 million in its recent presale. With the meme coin sector sitting above $50 billion in market cap, even accounting for the significant market downturns – many are tipping Memeinator as the summer of 2024’s best crypto to invest in. Here’s why.

Meme Coins Continue Their Sizzling Run in 2024

Meme coins are far from a laughing matter, with the sector continuing a blistering run this year. It doesn’t matter whether the sentiment is bullish or not; the meme coin sector has consistently outperformed the broader crypto market throughout 2024. The first spot Ethereum ETFs are set to launch shortly, and the meme coin market looks ripe for another parabolic run on the world’s top smart contract platform – especially regarding Ethereum-based meme coins like Memeinator.

Case in point: Pepe was thought to have been dead and buried after it blew up to a $1 billion market cap in the first three months of its existence in 2023 until bottoming out at a $250 million market cap in October 2023. But lo and behold, the frog-themed meme coin broke out again at the beginning of March 2024, going on a parabolic run and minting a new all-time high last May – reaching an incredible market cap of over $7 billion.

Memeinator Offers Killer Narrative and Strong Tokenomics

Meme coin speculators love a good narrative with solid tokenomics and fundamentals. That’s precisely what Memeinator is bringing to the table in 2024 with its futuristic narrative straight out of a sci-fi flick. Sent to purge today’s world of tired old meme coin derivatives that bring nothing to the table, Memeinator is training its sights on bad meme coins and laying waste to its competitors on its way to a $1 billion market cap.

And if you think that’s a reach, think again: Solana meme coins like Dogwifhat and Bonk have, at press time, a +$2 billion and $1.5 billion market cap, respectively. Both were achieved in under a year. With Memeinator’s killer narrative, irresistible meme appeal, and explosive viral potential, it’s making a strong case to join these coins and be the best crypto to invest in this year.

Memeinator’s deflationary tokenomics, featuring quarterly token burns, set the stage for exciting price breakouts as supply diminishes and demand grows. Coupled with the project’s significant traction across social media platforms, as evidenced by 100,000+ followers on X and approximately 40,000 community members across its official Telegram and Discord, the potential for exponential gains is undeniable.

Adding to Memeinator’s monstrous utility is its Meme Warfare game, developed by renowned software publisher Red Apple Tech. In the game, players can step into the shoes of the Memeinator character to wage war on its rivals.

To top it all off, Memeinator recently announced the launch of a new MMTR staking pool offering up to 60% APY for holders until this November.

Time Is Ticking to Get In on the Best Crypto to Invest In This Year

If the performance of meme coins like Pepe is any indicator, Memeinator, with its mountain of additional utility, looks like a potential blue-chip ripe for a significant breakout. The bullish sentiment surrounding the launch of Ethereum ETFs this July is pointing towards a rally across ERC-20 altcoins, including Memeinator.

While the Memeinator movement is still in its early stages, it’s crucial not to miss the boat. Analysts predict that Memeinator could feasibly replicate the impressive growth charts of Pepe, with the potential to surpass a $1 billion market cap in the near future. If you’ve missed out on the gains from meme coins thus far, now is not the time to let this opportunity with Memeinator slip away.

Memeinator is available to buy on MEXC and Uniswap.

Disclaimer: Coinspeaker is not responsible for the trustworthiness of any content or product on this page. Though our goal is to provide you with the most valuable information that we could find, we recommend you conduct the necessary research on your own before taking any decisions related to the products presented in this article. This article can’t be considered as investment advice.

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