Following Elon Musk’s comments, DOGE sees $0.2 as Mementor pre-sales near $7m
Key receivers
DOGE is close to $0.2
DOGE, the world's leading memecoin, has performed well over the past few days. The coin has added 25% to its value this week and is likely to go higher in the coming days.
At press time, Dogecoin's price is $0.1858, up 8% in the last 24 hours. The positive performance comes after Elon Musk announced that his electric car company, Tesla, will enable DOGE payments in the future.
Just in: Elon Musk says Tesla will enable $DOGE payments “At some point, Dogecoin to the moon.”
pic.twitter.com/nZaLhXlvgL
— Watcher.Guru (@WatcherGuru) March 14, 2024
Musk added that Bitcoin has been gaining support from the wealthy in recent months, but Dogecoin remains the people's coin.
What is Memeinator?
Following Musk's comments, investors are paying more attention to memecoins. One of the memecoins that could attract the attention of investors is Memeinator.
This project is unique in that it provides a use case not currently available to content creators. It's still a Web3 project in the pre-sale stage, which means the token price is relatively low.
The project seeks to provide services to content creators who use memes. In the white paper, the development team laid out a series of strategies to help turn Memeinator into one of the leading meme coins in the crypto space.
Memeinator will launch as a meme coin to capitalize on the recent transaction volume and popularity of meme coins. The team wants Memeinator to reach a market cap of $1 billion, making it one of the leading meme coins in the crypto space.
The main function of the Memeinator tool is to eliminate worthless memes from the Internet, allowing users to find only quality memes. This ensures that Memeinator provides utility for users and incentives for token holders.
Memeinator presale raised more than $6.5 million
The Memeinator pre-sale will end in the coming days or weeks. The project has raised $6.6 million so far and is currently ranked 19th in pre-sales. According to the team, the pre-sale will end on the 20th.
🚨 Protest has reached more than 6.6 million dollars! 🚨
MEMEINATOR PRESALE'S MOMENTUM IS AWFUL! 💪
Level 19 Lock in $MMTR at $0.0276 before it's gone! ⌛
Only one step left – the clock! 🔥
👉 Act fast: pic.twitter.com/AlYz7YeQ9A
— The Memeinator (@TheMemeinator__) March 13, 2024
Native Token MMTR traded at $0.01 in presale and is currently trading at $0.0276. By the end of the presale, the price will rise to $0.0292, giving early investors a huge ROI on the listing.
Investors can purchase MMTR tokens relatively cheaply. ETH, USDT and USDC can be purchased using stablecoins. According to the team, the MMTR token will only be available after trading on crypto exchanges on the BNBChain and Ethereum networks.
Click here to read more about the Memeinator presale.
Should you buy MMTR when the pre-sale is nearing its end?
The Meminator team has revealed that only one pre-sale phase remains. So far, it has raised $6.6 million of the $7.1 million needed in the pre-sale stage.
Memeinator's pre-sale sold out quickly due to the exceptional value the project offered to investors and the ongoing bull run. The device offers great value to investors as it helps to get rid of worthless memories. MMTR promotes various activities in the ecosystem.
Most of the money raised in the pre-sale will go towards developing Mementor's AI technology. This technology Memeinator uses AI to analyze and evaluate memes on the internet.
In terms of Tokinomics, the memeinator team has allocated 20% of the total token supply to market, CX listing and liquidity. With the right level of adoption and the ongoing Bull Run, Memeinator could be a big winner in the medium to long term.
