Memeinator’s view of the $60 million undisclosed BTC benefit of MicroStrategy
The Memeinator pre-sale has raised nearly 820k within weeks of its launch and is seeing massive demand. This article looks at micro-strategy bitcoin investing amid the BTC price revival. What does this mean for crypto and investors looking to take advantage of new opportunities?
Microstrategy has settled on $60 million in Bitcoin (BTC) shipments. While the crypto market has turned upside down over the past two years, the business intelligence firm has continued to buy rather than fold its holdings. The recent purchase of more than $147 million in BTC shows the company's long-term bet.
Despite the brutal impact of the bear market on businesses, a micro-strategy approach suggests that long-term investors can reap big from crypto investments.
Could this attitude also apply to bets on promising altcoins, one of which could be Memeinator (MMTR)?
Why Microstrategy Bitcoin Bets Can Pay Off Big
In September, Michael Saylor, founder and CEO of MicroStrategy, announced the company's latest Bitcoin purchase, revealing that 158,245 BTC were acquired for $4.68 billion. The average purchase price was $29,582, while the benchmark crypto was trading at $27,000 at the time.
BTC/USD is down sharply from its all-time high of $69k. However, a rise above $30k that comes after a devastating fall shows resilience for investors.
Just in: Michael Saylor's Microstrategy #Bitcoin Investing is currently at an undisclosed profit of $60,000,000.
— Watcher.Guru (@WatcherGuru) October 22, 2023
Investors know that the wild price swings of the crypto ecosystem pose a risk to any portfolio. However, this could easily jump into the hundreds of millions of dollars, as the $60 million unrealized profit for MicroStrategy shows. That is, if BTC price goes parabolic as expected in the next bull cycle.
Analysts are predicting that if the spot Bitcoin ETF is approved and coincides with the upcoming rewards halving event, the price of Bitcoin could reach a new all-time high above $100k. Further adoption in mainstream investing could boost the coin's value in the long run. A microstrategy that looks like betting and recognizes obvious risks is one strategy that has great potential.
Although Bitcoin is prominent in the crypto space, several altcoins have emerged as top long-term investment bets, with investors positioning themselves amid bull market predictions. Among the new projects are Memner (MMTR).
What is Memeinator?
Imagine a crypto world where all puny meme tokens are a thing of the past, and only real value tokens thrive in game-changing society. This is what Meminter (MMTR) sees as a new world of worthless commemorative coins while redefining the investment space.
In its white paper, the project describes an ecosystem that uses artificial intelligence (AI) to bring value to future MMTR token holders.
In an already crowded market, Memeinator seeks to differentiate itself with its toenomics, staking, NFT and gaming features – further disrupting the ad-driven and largely speculative meme coin investing space with the Meme Warfare game.
Memeinator – investment view
Memeinator's innovative approach to crypto memes has the crypto community clamoring, as evidenced by the ongoing MMTR presale participation.
Especially in the past, all the projects that promised to adopt Dogecoin, Shiba Inu and other high meme coins failed to break them. But Memeinator is built differently and its revolution in presale is getting stronger with every early bid.
Currently, the MMTR token is valued at $0.0111, having jumped from the initial $0.01. In the next phase of the presale, Memeinter's price will rise to $0.0125, before increasing to $0.049 in the 29th presale phase. From the current price, this increase amounts to a profit of about 315% when the tokens reach the first trading platform.
Due to the launch of various products like the aforementioned P2E game, the price may explode with more demand.
As with other tokens, profits from pre-sale investors can herald a sudden short-term dip. But as MicroStrategy continues to explain in its Hoddle strategy, taking a long-term bet on the token pays off, especially if Memeinator hits its target market cap of $1 billion.
Want to know more about Memeinator? Visit the official pre-sale page.
