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Memeinator raises over $500k less than a week after presale launch

Key takeaways

  • The Memeinator presale launched a few days ago, and the team has raised more than $500k so far.

  • The token’s price will increase to $0.0118 in the next presale round.

Memeinator’s presale is now finally live and has attracted interest from investors. The project has already raised considerable amounts over the last few days despite the bearish trend in the market since the start of the week. 

What is Memeinator?

Memeinator is an exciting Web3 project that is attracting interest from investors. It is a project that is leveraging the meme coin wave and seeks to provide users with a wide range of utilities. 

As a crypto project, Memeinator is on a mission to destroy worthless memes and become one of the leading meme tokens in the the world.

The crypto space is filled with thousands of worthless meme projects with no use case besides speculation. Memeinator is setting itself aside from this group by offering users numerous utilities.

Memeinator will use AI technology to identify worthless memes, allowing investors to know them and steer clear of them. The team intend to push Memeinator to a market cap of $1 billion or more in the medium to long term. They have already published a detailed roadmap that shows how they intend to achieve their objectives. 

The Memeinator presale began a few days ago and is already in its third stage. The native token was sold for $0.01 in the first presale stage and is now going for $0.0112. The price will rise to $0.0485 by the end of the presale, giving early investors a whopping 132% ROI at listing. 

The team will also launch a Memeinator game at the presale’s conclusion, following the same theme. Players will get to eliminate enemy memes in a good old-fashioned shoot-em-up. 

Memeinator’s presale tops $500k in less than a week

The Memeinator presale went live less than a week ago, and the team has raised more than $500k. This is an impressive feat after they raised over $200k within the first few hours of the presale launch. 

So far, Memeinator has raised $530k of the required $693k in the third stage. Investors can purchase the Memeinator token (MMTR) using ETH, USDT and USDC stablecoins. 

MMTR is currently available to investors on the Ethereum and BNBChain networks. To purchase the token, investors will simply connect any of the supported wallets to the Memeinator website and purchase the tokens using ETH, USDT and USDC coins. 

Click here to read more about the Memeinator presale.

Why is the Memeinator presale garnering interest from investors?

Memeinator is already garnering interest from investors thanks to its unique value proposition amongst meme tokens. MMTR is the native token of the ecosystem and will power several activities on the platform. 

The project is targeting a wide range of audiences, from degens to crypto natives and speculators. Memeinator will leverage AI to analyse and evaluate memes across the internet, identifying lower-quality memes to replace or destroy them. 

The use of AI will allow Memeinator to only target quality, making it possible for users to enjoy the most imaginative and impactful content. 

Furthermore, the project’s tokenomics are calculated to provide value for the holders and participants. Its native token comes with some exciting features, including deflationary mechanisms and rewards for holders. The team has already revealed that 20% of the tokens are allocated for marketing, CEX listing and liquidity. 

Is the Memeinator a good investment opportunity? 

The decision to invest in a crypto project is solely left to the investor. However, with millions of crypto projects currently available, it is tough to make a decision. 

Memeinator could turn out to be one of the leading meme coins in the world, thanks to its real-world use case. As a meme coin that is leveraging AI, Memeinator could provide excellent value to investors in the medium and long term.

Memeinator wants to become a billion-dollar project, and early investors could be winners in the medium to long term. The meme coin sector is experiencing exponential growth and recently touched an all-time high of $36 billion, a massive rise from the $0 the market was worth in early 2019. 

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Grayscale to convert its Ethereum Trust to a spot ETH ETF: Will that boost institutional interest in altcoins

Key takeaways

  • Grayscale has filed to convert its Ethereum Trust to a spot ETH exchange-traded fund (ETF).

  • Shiba Memu’s presale has now officially surpassed the $3.5 million mark.

The cryptocurrency market has underperformed over the last few hours, but that hasn’t halted investors’ interest in several crypto projects. Shiba Memu’s presale has now officially surpassed the $3.5 million mark, and the team is close to reaching its target for this round. 

Grayscale takes another bold step in the market

Grayscale Investments announced a few hours ago that it has partnered with  NYSE Arca to file for approval from the U.S. Securities and Exchange Commission (SEC) to convert the Grayscale Ethereum Trust (ETHE) to a spot ethereum ETF.

At the moment, the company’s Ethereum Trust is the largest Ether investment product in the world, with nearly $5 billion in assets under management. Grayscale made a similar move with its Bitcoin Trust product and is now awaiting the SEC’s approval to convert it to a spot Bitcoin ETF.

What is Shiba Memu?

Shiba Memu is a meme token project that continues to generate interest despite the current market conditions. The presale has crossed the $3.5 million mark after adding more than $500k over the last two weeks. 

It is a meme token project that will develop a platform to leverage the powers of AI and blockchain technology to create an unstoppable, entirely self-sufficient marketing powerhouse.

The team explained that Shiba Memu would handle the work of numerous marketing agencies. The AI on the platform means that Shiba Memu will be working 24/7 to generate exciting content to help companies and individuals market their products and services. 

Shiba Memu is launching as a meme project as it seeks to ride the recent popularity of meme coins. Over the last three years, the market cap of meme coins grew from practically $0 to reach the $20 billion mark in 2022. 

However, Shiba Memu doesn’t seek to be like other meme coins in the sense that it has a real-world use case. Shiba Memu has utility and will solve real-world problems for companies and individuals. 

According to the team’s whitepaper, Shiba Memu will come with self-sufficient marketing features powered by AI. The platform will develop its own marketing strategies, write its own PR, and promote itself in relevant forums and social networks.

For a start, Shiba Memu will operate on two major blockchains, Ethereum and BNB Chain

Shiba Memu’s presale tops $3.5 million

The Shiba Memu presale has now officially crossed the $3.5 million mark as investors continue to show interest in the project. The project has raised over $500k in two weeks, indicating a strong value proposition amongst investors. 

The team has always maintained that the money raised in the various presale rounds would be directed towards the development of some Shiba Memu products. The Shiba Memu AI technology would be the primary recipient of the funds generated from the presale events as it is the platform’s primary product. 

Click here to find out more about Shiba Memu’s presale event. 

Should you invest in Shiba Memu before this presale stage ends?

The crypto market has been ranging in recent weeks, but that hasn’t resulted in a decline in Shiba Memu’s interest. The project’s presale continues to generate interest from investors thanks to its value proposition. 

As investors prepare for the next Bitcoin halving in 2024, they are on the lookout for some exciting projects. Shiba Memu could be one of the projects to benefit from the next bullish cycle. 

Market analysts are now expecting Bitcoin and other cryptocurrencies to rally over the next few months. SHMU could be a big winner thanks to its value proposition to investors and users. The tone could rally higher once the project launches and the token gets listed on crypto exchanges. 

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Is presale sensation Memeinator the meme cryptocurrency to never miss in 2023?

  • Memeinator aims to destroy weak meme cryptocurrencies using AI-enabled marketing.

  • The presale has unlocked demand, with $528,000 raised to stage 3.

  • The token’s price can rise by strong margins due to unique project features and AI use.

Memeinator (MMTR) may be just five days old in presale, but the frenzy around it is huge. The crypto has become an overnight sensation, generating over $528,000 in presale. But is the fast-occurring presale an indication of the potential for MMTR in 2023?

What is the Memeinator?

Memeinator is a new cryptocurrency that leverages viral marketing and branding to become powerful. The project is built on a core mission to destroy weak meme cryptocurrencies and gain domination.

Think of it this way. Over the past few years, the crypto world has witnessed a proliferation of countless meme projects. Most of these projects have little or no utility, failing to deliver sustainable returns to investors.

Memeinator says it has returned from 2077 and already knows which memes won’t survive in the future. As such, it has come back to destroy them, ensuring only the futuristic names make it to the finish line. The project achieves the mission using its cold and ruthless meme-targeting system that relies on AI. 

In the end, Memeinator wants to become a recognisable meme project, and its token is the most traded. The project team believes the capabilities will enable Memeinator to hit a $1 billion market cap.

Memeinator: Is it a good investment?

Memeinator is not your usual meme cryptocurrency. Its value is derived from clear real-use cases and utility. One of the utility values is gaming. The project team will launch a game where users can take on pathetic memes in combative missions.

When Memeinator is unleashed to its community, users will explore the creative works behind the project. There will be exclusive NFTs for all Memeinator development work. NFTs will entitle holders to gains and future perks, unlocking more value for Memeinator.

What’s more? Memeinator investors can explore a staking feature to be launched. The team says full details for the staking pool and benefits will be given at the end of the presale.

Memeinator token and prediction

Memeinator token, MMTR, will be the medium of exchanging value on the AI meme project. The value of MMTR would depend on the continued use and demand for the Memeinator project.

To unlock value, the Memeinator project team aims to list MMTR on the biggest crypto exchanges. The project will also partner with top influencers and platforms to increase the popularity of the token.

Of importance is also the target of a powerful community expected to boost the value of MMTR. The team is keen on having a powerful following on Twitter, Telegram, Discord and other social networks. When the token is listed, Memeinator will already have a backing to unlock its value.

Owing to the project’s plan, the value of MMTR could skyrocket on hype and usage. Based on prior movements of meme tokens with a wide community, a 10x and up to 50x increase is possible. 

Memeinator tokenomics and presale opportunity

Memeinator will offer 62.5% of its 1,000,000,000 tokens in presale. The presale will be conducted in 29 phases. 15% of the tokens are allocated for marketing and centralised exchange listings.

10% of tokens are set for the development of ongoing product development. 5% is set to liquidity provision on exchanges and 7.5% to the competition pool. The tokens have a quarterly burn to ensure they retain their value.

The token allocation sets Memeinator as an ambitious project for long-term investment. The achievement of key targets could play a significant role in the project’s success.

At its presale, Memeinator token is offered at an attractive price of $0.0112 in stage 3. The price increases at every stage, making it attractive for early birds.

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Shiba Memu rises to fame, but how attractive is the meme crypto in 2023?

  • Shiba Memu aims to be a sustainable meme crypto alternative to its predecessors.

  • The cryptocurrency’s value has been rising during the presale every day.

  • The potential for Shiba Memu is huge, with up to 50x predictions.

Shiba Memu (SHMU) is undeniably one of the best-selling meme cryptocurrencies of 2023. Since launching a presale, the new meme crypto sensation has raised over $3.48 million. The solid presale underlines the interest in the meme cryptocurrency and its unique value proposition. But why has Shiba Memu grown so popular? Let’s discover more about this token that has raised so much interest while still on presale.

Shiba Memu: The self-marketing powerhouse led by AI

When meme cryptocurrencies are mentioned, Dogecoin, Shiba Memu, and PEPE are some top names. Hype, social media mentions, and retail frenzy drive the value of these cryptocurrencies. When the social activity wanes, the tokens fail to sustain gains, crashing after that.

But think of a meme cryptocurrency that can sustain its social media frenzy. Its market value can remain high and rising. This promise has attracted a lot of frenzy to Shiba Memu. The meme crypto project will use AI to analyse social media and deliver targeted marketing interventions. The capability sets Shiba Memu apart, allowing it to retain fame and maintain price surges. 

Shiba Memu learns every time. It searches the web for the latest creative advertising and crafts tailored PR strategies. The AI also constantly reviews and improves on its marketing strategies. Due to its self-improvement features, Shiba Memu can become more intelligent and powerful with time.

Shiba Memu also resonates well with its community. The project features an AI dashboard whose purpose is to connect with the users. You can interact with the AI through the dashboard, ask questions, and get feedback. At a time when AI is gaining prominence, Shiba Memu could prove to be the meme of the future. 

Is Shiba Memu the best meme cryptocurrency in 2023?

A few names have popped up in the meme crypto space in 2023. However, most are based on conventional blockchain technology and do not offer much to what is already there.

Shiba Memu could be the best meme cryptocurrency based on its innovativeness. The quick presale underlines investors’ belief that Shiba Memu could be the best meme opportunity in 2023.

Early investors may also have sniffed an opportunity for SHMU due to its tokenomics. From a starting price of just $0.011125, Shiba Memu is now valued at $0.031150. The gains are not accidental, as SHMU tokenomics allows it to increase daily at 6 PM GMT. This means each token bought on presale increases daily, boosting the investment value.

But as it is common, meme cryptocurrencies unlock value upon listing. Once the presale ends, Shiba Memu will be listed on centralised exchanges. The listing could see the value of Shiba Memu skyrocket, benefiting early birds and speculators. 

Shiba Memu prediction

With the Shiba Memu presale near its finish line, predictions are rife and huge for the token. Analysts hold a bullish view of the token, expecting it to eclipse its predecessors. As such, projections are that Shiba Memu could rise more than 10x and up to 50x.

Based on previous meme crypto movements, a 10x increase could be on the cards. The prediction reflects the current demand and the hype expected when Shiba Memu is listed. 

In the long term, the token has a 50x potential or more. The value will be unlocked from continued use as more investors discover and buy the cryptocurrency.

But don’t get it twisted. Meme cryptocurrencies have risen by supernormal margins within days of launch. PEPE is a great example that saw over 10,000% returns in a few days. It shouldn’t come as a surprise that Shiba Memu can claim similar gains once it lists on exchanges. So, investing now could be advantageous for investors seeking to capitalise on the initial market moves.

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Bitfarms reports a 7.3% increase in its monthly mining output

  • Bitfarms produced 411 bitcoins last month and sold 362.
  • The Canadian miner is still lagging behind last year’s figures.
  • Bitfarms stock is currently down 40% versus its recent high.

Bitfarms Ltd says its mining output popped 7.3% in September as it continued to install new miners and “fully energised” its facility in Rio Cuarto to 51 MW.

Bitcoin still holds 703 BTC in total

The Canadian miner produced a total of 411 bitcoins last month – of which it sold 362 for about $9.5 million. Geoff Morphy – the Chief Executive of Bitfarms said in a press release today:

We continue to believe that many of our best opportunities for growth and investment will arise around the next Bitcoin halving expected to occur in April 2024.

The Toronto-headquartered firm still holds nearly $20 million worth of Bitcoin (703 in total). Its total operating capacity now sits at 233 MW.

Shares of the bitcoin mining company are still down about 40% versus their recent high.

Bitfarms is still lagging last year’s figures

Bitfarms is committed to strengthening its balance sheet and infrastructure ahead of the halving event next year – by which, it expects to have paid off under $10 million it still has in debt.

The bitcoin mining company now has a total operating capacity of 233 MW. Its hash rate improved another 9.0% in September to 6.1 exahashes per second (EH/s).

Bitfarms wanted its hash rate to hit 6.3 EH/s in the third quarter but “electrical infrastructure delays” at its Baie-Comeau facility saw it come a bit shy of the target.

Note that the Canadian miner is still trailing the numbers it reported last year. Bitfarms mined 3,692 BTC in the first nine months of this year versus 3,733 Bitcoin in the equivalent period of 2022. Wall Street currently has a consensus “buy” rating on BITF.

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