As the Memeinator token presale grew, SHIB’s burn rate increased, with PEPE’s market cap approaching $500M.
Shiba Inu has removed more than 260 million tokens in the last 24 hours. PEPE Coin's market cap is close to $500 million. Memeinator's MMTR token pre-sale has seen a significant increase, indicating regular price increases.
There have been significant developments in the world of meme coins, with Shiba Inu (SHIB) seeing a dramatic increase in burn rate, PEPE Market Cap approaching $500 million, and memeenter MMTR token gaining momentum during the presale.
In this article we will examine the recent events surrounding Shiba Inu (SHIB), PEPE Coin and Memeinator (MMTR) Token.
SHIB burn speed increased by 20,000%.
The Shiba Inu (SHIB) community has been buzzing with the increasing amount of token burning lately. According to data on Shiburn's website, SHIB's burn rate has increased by a staggering 20,000%, resulting in over 260 million tokens being removed in the last 24 hours.
This record-breaking burn rate, not seen in the last two months, shows the commitment to reduce the supply of tokens.
However, despite the impressive burn rate, SHIB's price is yet to show significant gains, currently consolidating at a 5% weekly decline.
PEPE's market value has reached 500 million dollars
In a separate development, Pepe Coin (PEPE) is back in popularity and the market cap is approaching 500 million dollars. Following a downtrend, PEPE saw a remarkable recovery in October 2023, doubling its market capitalization. At the time of publication, the market cap of Meme Coin was $458,176,826 according to Coinmarketcap data.
The coin's unique features, including its minting mechanism and distribution system, contribute to its demand.
As PEPE continues to garner attention, experts predict price increases in the future as the development of Shibarium's layer-2 blockchain solution is considered a key factor.
Memeinator MMTR token pre-sale grows
Meanwhile, the Memeinator project is making waves with its MMTR token presale. Using high technology, AI insights, and a mission to eliminate subliminal memes, Memeinator aims to be the ultimate meme coin.
During the pre-sale, MMTR token prices are experiencing a regular increase every few hours, which contributes to the planned revival. The project introduces innovative products such as MemeScanner and the MemeInter game, adding utility beyond the meme marketplace.
For those who wish to participate in the Memeinator MMTR token presale, the process is straightforward. Connect your wallet, choose a payment method from networks like Ethereum or Binance Smart Chain, or use a payment card and buy your MMTR.
People who purchase MMTR tokens during the presale can claim their tokens at the end of the presale using the same wallet used for the purchase. Details of the collection will be announced at the end of pre-sales in Q4 2023.
Adding to the increasing value of MMTR, Memeinator regularly runs tournaments open to anyone, including major tournaments for MMTR token holders. For more information about Memeinator and the pre-sale, visit the official website here.
