Bitcoin trades above $37k: Will it reach the $40k psychological level soon?

Key takeaways

  • Bitcoin is trading above $37k as the broader crypto market rallies higher. 

  • Memeinator has now raised more than $1.2 million as its presale attracts more investors.

Bitcoin eyes the $40k level

Bitcoin, the world’s leading cryptocurrency by market cap, has been performing well over the last few weeks. It has added more than 7% to its value in the last seven days and the price of Bitcoin currently stands at $37,100 per coin.

The broader cryptocurrency market has also been rallying, with the total crypto market cap now at $1.4 trillion mark. If the bulls remain in control, Bitcoin could test the $40k resistance level in the short term. 

What is Memeinator?

Bitcoin and the other major cryptocurrencies have been rallying since the start of the week. With the market experiencing a rally, investors could be looking at new projects and Memeinator is one to keep an eye on. 

Memeinator is a Web3 project that is riding the meme coin wave and seeks to provide numerous utilities to users. The team focuses on eliminating worthless memes and improving content creation for users. 

Memeinator also wants to become one of the top meme coins in the cryptocurrency space. The project wants to leverage AI technology to identify worthless memes, allowing investors to know them and avoid them. 

The team pointed out that they will be working hard to ensure Memeinator reaches a $1 billion market cap in the medium term and would achieve this via massive adoption of its platform. 

The Memeinator presale is currently in its sixth stage and the team has raised more than $1.2 million. The MMTR price began the presale at $0.01 per token, and the price will rise to $0.0485 by the end of the presale, giving early-bird investors a whopping 132% ROI at listing.

Furthermore, the developers will launch a Memeinator game at the presale’s conclusion. The Memeinator game players will get to eliminate enemy memes to win some exciting prizes. 

Why is the Memeinator presale attracting more investors?

Memeinator continues to attract more investors thanks to its unique project proposition. The project is appealing to a wide range of audiences, from degens to crypto natives and speculators, giving it the opportunity to become a hit in the market. 

The platform will use AI to analyse and evaluate memes on the internet, identifying lower-quality memes to replace or “destroy. Memeinator is also dedicated to uplifting meme culture and quality.

Holders and network participants will be incentivized on the Memeinator network. The MMTR token has some excellent features, such as deflationary mechanisms and rewards for holders, incentivising the project for holders in the long term. 20% of the tokens are allocated for marketing, CEX listing and liquidity. 

Click here to read more about the Memeinator presale.

Is the Memeinator a good investment? 

The Memeinator project has so far raised over $1.2 million since the presale began. The project is an exciting one for investors thanks to its use of AI technology to provide excellent value to investors in the medium and long term.

The team intends to grow the project to a billion-dollar market, and early investors would record huge profits if that happens. With the right level of adoption, Memeinator could become one of the top meme tokens in the cryptocurrency ecosystem. 

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Ether surpasses $2,100 as Shiba Memu’s presale approaches $4.5M

Key takeaways

  • Ether has crossed the $2,100 level for the first time in months as the crypto market continues to rally.

  • Shiba Memu’s presale is now closing in on the $4.5 million mark.

The cryptocurrency market has been on a bullish run over the past few days, with the prices of most coins up by over 5%. Ether is one of the best performers in the market and is now trading above the $2,100 level.

Shiba Memu continues to set new milestones for its presale and will soon reach the $4.5 million mark

Ether hits the $2k mark 

Ether, the second-largest cryptocurrency by market cap, is trading above the $2,100 level for the first time in months. The rally comes as the broader cryptocurrency market recorded excellent gains over the last few days.

The positive performance also comes after the BlackRock iShares Ethereum Trust was registered in Delaware earlier this week. Investors are optimistic that the world’s biggest asset management firm will file for a spot Ether ETF soon.

What is Shiba Memu?

Shiba Memu is a Web3 project that continues to attract investors within the cryptocurrency space and beyond. The project is combining the powers of blockchain technology and artificial intelligence to make it easier for individuals and entities to carry out market campaigns.

According to the development team, Shiba Memu will have a wide range of use cases for marketers within the crypto space and beyond. Shiba Memu will handle various activities, including content creation, marketing, social media advertisement, and creative advertisement. 

Shiba Memu will leverage AI to identify the best creative adverts and improve on them to provide superior content marketing services to users. 

The project is launching as a meme token as it seeks to take advantage of the recent surge in the popularity of meme coins. Over the last two years, meme coins saw their market caps grow from practically $0 to $35 billion in 2023. 

Shiba Memu differs from thousands of meme coins in the market because it offers users real-world use cases. It would allow users to create marketing strategies, roll out PR schedules, and promote campaigns on relevant forums and social media platforms. At the moment, the project is available on the Ethereum and BNBChain blockchains. 

Shiba Memu’s presale closes in on the $4.5 milestone

The crypto market has been on a rally over the last few weeks, with most coins trading in the green zone. 

Shiba Memu has continued its excellent presale performance, and the team has now raised roughly $4.5 million. 

The team would use the funds to develop its various products and services. The Shiba Memu team has revealed that most of the funds would be used to develop its AI technology. 

Its platform will also have a robotastic dashboard, allowing users to interact with the AI, provide feedback, make suggestions, ask questions, and more.

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

Shiba Memu price prediction

Although altcoins have been rallying over the last few weeks, it is hard to accurately predict Shiba Memu’s price in the near term since the project is still in its presale stage. However, at the moment,  1 SHMU = 0.039925 USDT USDT. The token’s price increases every day at 6 pm GMT and is set to trade at 0.040150 USDT per token in a few hours. 

During the first presale stage, SHMU was trading at $0.011125, and it has seen a remarkable increase in price since then. The SHMU token can be purchased using Ethereum, USDT, BNB and BUSD

Should you buy Shiba Memu today?

The cryptocurrency market is having an excellent end to the year and investors might be looking at fresh projects to invest their funds in. Shiba Memu has the potential to become one of the top meme projects in the world, thanks to its utility in the market industry. Leveraging AI and blockchain technologies could see Shiba Memu gain massive adoption in the marketing world. 

At the moment, Shiba Memu’s SHMU is going for a discount price as the project is still in its presale stage. The token could experience a massive surge in price once it lists on cryptocurrency exchanges and gains adoption. 

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JPMorgan enhances JPM Coin with a programmable payments feature

  • JPMorgan introduces programmable payments for JPM Coin users.
  • Clients can now automate payments based on preset conditions.
  • The move aims to enhance flexibility and responsiveness in transactions.

In a strategic move to adapt to the evolving landscape of 24×7 crypto payments infrastructure, JPMorgan has introduced a new feature for users of its blockchain-based settlement token, JPM Coin.

Clients can now leverage programmable payments, allowing them to automate transactions based on preset conditions rather than relying on standing orders for payments to occur at predetermined times.

Adapting to crypto market dynamics

Traditionally, JPMorgan clients had to set standing orders for payments to take place at specific times, limiting their ability to respond dynamically to market events. With the introduction of programmable payments, users can now program their accounts to initiate payments when relevant criteria are met. This includes scenarios such as covering overdue payments or addressing margin calls.

In an email announcement, the bank stated that the “new feature helps clients to respond dynamically to events, which is ever more important as 24×7 payment infrastructure proliferates, and responding to volatility becomes vital.”

The JPM Coin milestone for JPMorgan

JPM Coin, introduced in 2020 to facilitate institutional clients in making wholesale payments on a blockchain, recently achieved a milestone by handling $1 billion in transactions daily. However, this amount represents only a fraction of the $10 trillion that JPMorgan moves on a daily basis.

The addition of programmable payments to JPM Coin aligns with the broader industry trend of incorporating blockchain technology and increasing automation to enhance efficiency and responsiveness in financial transactions.

As the financial giant continues to explore innovative solutions, the move reflects a commitment to staying at the forefront of technological advancements in the financial sector.

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