Kategorie: Crypto Analysis

• Memeinator presale has raised nearly $5 million.
• AI tokens have seen increased demand as WLD reaches a new record price.
• MMTR benefits from AI trends and use cases in Web 3.0.

Memeinator’s (MMTR) presale success was underlined yet again as the token quickly sold out in Stage 15. Now, in presale stage 16, investors have bought more than $4.994 million worth of tokens. Memeinator, despite being non-AI token, has been benefiting from the growing popularity of generative AI. That’s partly because it capitalises on AI to grow its role as a meme coin terminator. As this happens, Sam Altman’s AI token, Worldcoin (WLD), reached a new record price. The confluence of factors benefits Memeinator in its endeavour to become the most traded meme coin. Let’s discover more.

The rising demand for AI tokens pushes Worldcoin to a record

Worldcoin is a token on demand. After launching last year with pomp and colour and a bit of controversy, the token is back to its best. Increased speculation in AI cryptocurrencies saw WLD reach a record price above $9.

Similarly, Worldcoin’s Worldapp saw increased signups last week. The number of daily users rose past 1 million, the key possible reason for the rise in the price of the token.

Investors, from stocks to cryptos and applications, have been rushing to invest in AI-facing projects. This comes amid expectations that AI will become the next big thing. AI company stocks such as NVIDIA are also trading at elevated levels in line with these expectations.

Launched in July 2023, Worldcoin debuted with its unique plan of giving users a global digital identity. Crafted from the depths of AI, Altman hoped that the ID would provide users with a tamper-proof identity. Consequently, WLD price has benefited from increased demand for AI assets. 

Memeinator: A meme presale benefiting from AI and GameFi trends

Since launching a presale, Memeinator has been in high gear. Investors have been attracted to the project’s unique role in the meme sector and utilities in Web 3.0.

Memeinator pushes the boundaries of what was considered realistic with its idealistic meme promise. The project focuses on destroying meme cryptocurrencies that have failed in their quest to offer value. This is informed by the fact that the rapid growth of memes has seen low-quality and non-original coins thrive.

The project’s mantra is simple: feed these subpar tokens into a playable game and destroy them. Players engage in enemy combats consisting of the target tokens to take them into oblivion. This unique promise has resonated well with the meme community, who have quickly embraced the project.

From the project’s focus, Memeinator leverages GameFi trends, a key feature fueling adoption. Besides, AI informs the identification of target coins. The AI scans the web for enemy projects for destruction. Using AI is an advantage to Memeinator as it can leverage the current trends to become famous.

By playing a never-ending role in meme crypto destruction, many analysts expect Memeinator to become viral. As such, Memeinator will grow popular and become the most traded meme coin. The focus is to become a more than $1 billion market cap giant and dislodge its peers from the top.

To keep the momentum strong, Memeinator has set aside 15% of the amounts raised in presale for marketing. The project invests heavily in marketing and focuses on listing the token on the best exchanges. This has set MMTR for a robust trajectory of price increases and profitability.

Memeinator: Should you invest in Memeinator?

A presale success tips Memeinator token for a huge success. The project is now past halfway through the presale in Stage 16 out of the total 29 stages. The token is expected to be listed soon, upon which increased demand will unlock its price.

MMTR’s price also rises at every stage of the presale. Investors might want to capitalise on the token before the next stage by buying MMTR at an attractive price.

To invest in the Memeinator presale, investors can visit the project’s official website page.

The post Memeinator presale to stage 16 as AI token demand sees Worldcoin hit a record appeared first on CoinJournal.

• Reddit investment underlines growing retail interest in crypto.
• Bitbot empowers retail traders with institutional-grade technology.
• BITBOT presale has accelerated amid bullish crypto expectations.

Social platform Reddit has been allocating its excess cash to Bitcoin (BTC) and Ethereum (ETH). The revelation came after an initial public filing with the US, sending huge expectations in crypto markets. The cryptocurrency news favours Bitbot.  Bitbot’s presale, which has been in high demand, surged past $672,000 on rising demand. Optimism is that Bitbot might ride the retail interest in digital assets to attain unparalleled success.

Bitbot: The first self-custodial trading bot ignites bullish expectations

Telegram trading bots have been on the rise lately. Their ability to enable seamless buying, selling, and managing of crypto assets makes them preferable to many. As of today, the cumulative trading volume on Telegram bots has exceeded $9 billion. The volumes are not by accident.

Telegram trading bots like Bitbot pull retail and institutional investors alike. This has enabled them to have a high demand, fueling price rallies whenever they are launched.

Since launching a presale, Bitbot has drawn huge predictions as the first self-custodial trading bot. It should be recalled that successful trading bot tokens like Banana Gun and Unibot have suffered exploits. The exploit emanated from their security measures, in which users do not control their private keys and funds.

Bitbot’s bullish predictions emerge from the popularity of trading bots and its superior security measures. With a self-custodial feature, users have total control of their funds through ownership of private keys. Investors wary of the predecessors’ vulnerabilities are excited that this token fills a crucial gap and need. 

In addition to being self-custodial, vulnerability at Bitbot is prevented through continuous monitoring. The project’s security is enhanced with anti-EV Bots that continually block potential attackers. This is complemented with anti-rug features. The improved security cements Bitbot as the best Telegram trading bot, as exploits are kept at bay. 

Reddit’s investment in BTC and ETH fuels retail crypto frenzy

Reddit is a platform popular with retail traders. Notably, events like the GameStop mania and AMC stock surge were fueled by retail frenzy on Reddit. The interest in crypto, thus, elicits favourable reactions among retail investors keen on the platform’s crypto endeavours.

Although the investment amounts are stated as “immaterial,” it highlighted a belief in crypto and its future. Reddit believes blockchain and crypto carry huge potential, hinting at further exploration of the sectors. The social media giant also said it is exploring Ether and Polygon as a form of payment for some virtual goods.

Coincidentally, Bitbot stands to benefit as Reddit explores crypto. Bitbot is coined from a simple logic that retail investors need the tools and resources to succeed in trading. The platform offers institutional-grade technology and resources that retail investors lack. The aim is to equip them with the know-how in crypto markets, making the platform attractive. Reddit users, comprising the majority of the retail cohort, stand to gain the most. This sets Bitbot for potential speculation, demand, and price discovery.

BITBOT: Multiple utility token for highly profitable crypto trading

Bitbot is ready to supercharge investors’ earnings. The project is hyped for its attractive perks that include airdrops for token holders. As investors look forward to these airdrops, the platform will see increased inflows and growth.

Investors have also rushed to acquire BITBOT on presale to benefit from its revenue share program. This is where token holders are rewarded with a share of the fees charged. As the platform grows, investors benefit from increased allocations. This utility adds to a rise in the number of investors buying BITBOT for passive income.

BITBOT has also been attractive to novice investors. The platform features a copy trading function. You can copy the trades of experienced traders and learn from them. Coupled with various tools to learn about trading, novice investors face low barriers of entry. The enormous promise draws investors eager for a share of the token before it debuts on exchanges.

Should you invest in Bitbot in presale?

Bitbot’s presale occurs in just 15 stages and is currently in the 4th stage. 20,000,000 are offered, with each price stage marked with a 5% token price increase. Early presale investors benefit from the attractively priced tokens, and potential value increases after listing.

To learn more and purchase BITBOT tokens, visit the official website.

The post Reddit adds Bitcoin and Ethereum as retail interest in crypto fuels Bitbot’s presale appeared first on CoinJournal.

Cryptocurrency prices experienced some volatility on Tuesday as a risk-off sentiment prevailed in the market. Bitcoin rose to the key resistance point at $53,000 and then pulled back sharply to about $51,000. Most altcoins and American equities also pulled back. This article looks at some of the top tokens like Filecoin (FIL), Monero (XMR), and Bitbot, which has raised over $642k as you can see here.

Bitbot token sale gains steam

Bitbot, an upcoming blockchain network, has continued raising thousands of dollars in the past few months. Data in its website shows that it has raised about $642k in the past few weeks. This is an impressive sum that could continue increasing in the next few months.

Bitbot is a company that aims to become the biggest Telegram bot in the industry. A Telegram bot is a piece of software that provides signals to traders in the crypto, stocks, and forex market. In its case, Bitbot aims to be an alternative to the thousands of bots that exist in the industry.

It will have a few features such as self-custody, decentralization, and major rewards to its users. The token will also have a similar utility with Uniswap’s UNI token. For example, it will have revenue sharing with its holders. This is a situation where the platform shares its revenue with its token.

The other benefit is that Bitbot will have a big community of passionate and seasoned trading experts. These traders will be able to share their experiences among themselves. 

Filecoin price forecast

Filecoin, the giant file storage blockchain network, was in the spotlight this week as it integrated with Solana, one of the fastest-growing players in the industry. This integration led to a major jump in FIL price, which jumped to a high of $8.22. This was a strong rally since the token was trading at $4.60 a few weeks ago.

Filecoin has now pulled back sharply as investors start to take profits. It has crashed to the key point at $7.20. On the 4H chart, it remains above the 50-period moving average while oscillators have all pointed downwards.

Therefore, I believe that Filecoin will drop to about $7 and then resume the bullish trend as investors buy the dip and as the ongoing shakeout fades. In this case, a rebound to $8 will likely happen this week.

Monero price prediction

The XMR price bottomed at $109.26 this week. It has now bounced back and is hovering at the 50-period moving average. The Relative Strength Index (RSI) and the Stochastic Oscillator have pointed upwards. 

Monero has also risen slightly above the key resistance point at $122.50, its highest point on February 18th. Therefore, the outlook for the token is bullish, with the next level to watch being at $130, its highest point this month.

The post Crypto price prediction: Filecoin, Monero, Bitbot appeared first on CoinJournal.