Memeinator is in the spotlight when most meme coins overtake Bitcoin in 2024.
Bitcoin and Ethereum jumped more than 50% this year.
Meme coins like Floki, Pepe, and Book of Memes have gotten much better.
Memeinator is one of the fastest growing names in the industry.
By 2024 they are doing better than big meme coins like Bitcoin, Ethereum and Ripple. Bitcoin and Ethereum have jumped more than 50% this year, while Ripple is down more than 20%.
Meme coins are growing.
On the other hand, meme tokens like Floki, Book of Memes and Pepe have fared much better. Floki is up over 450% this year and Pepe has jumped over 700% over the same period.
The same is happening with other meme coins like Dowfet, Bonk, and Book Meme, all of which have doubled this year. As a result, all meme coins tracked by CoinGecko and CoinMarketCap have a market cap of more than $60 billion, making them bigger than famous companies like Lazard, General Motors, Ford, and Stellar.
This trend is likely to continue as more traders seek refuge in meme coins and popular tokens. For example, earlier this week, Rapper Iggy Azalea's MOTHER token achieved a market cap of over $300 million. Then passed by DADDY, the new token was introduced by famous provocateur Andrew Tate.
Meme coins are better than big coins like Bitcoin for two main reasons. First, they tend to be driven by force and energy. Second, unlike Bitcoin, these tokens are easy to use as most are usually held by insiders.
Third, meme coins trade at a lower price than bitcoin. While Bitcoin was trading at $67,000 on Saturday, Memeinter was running at $0.01820 while tokens like Pepe and Minu were trending lower.
As a result, traders argue that buying cheap meme coins will always yield better returns than investing in bigger coins. For example, while it is easy for Bitcoin to double, it takes a long time for Bitcoin to do the same.
Memeinator to be in focus
Meanwhile, many crypto traders are now focusing on Memeinator, one of the fastest growing meme coins.
The token, which recently completed its token sale, has gained listings on leading exchanges in the industry such as Uniswap and MEXC. The developers hope to get listings on other exchanges in the coming months.
Memeinator is a cryptocurrency that seeks to capitalize on several key themes in the industry. He is considering joining the meme coin craze that is spreading in the crypto sector.
In addition, the developers hope that it will benefit from the world's largest artificial intelligence theme. Mistral AI has raised more than $600 million from investors as Apple unveils its Apple Intelligence suite of products.
Furthermore, Memeinator aims to be a leading player in the gaming industry. They are currently developing a Meme Warfare game that rewards users for winning. You can learn more about Memeinator here.
