Shiba Inu is up 5% this week as Memeinator pre-sales approach $1.5 million.
Key receivers
The Shiba Inu has performed well over the past seven days, gaining 5% in value. However, the market has underperformed in the last few hours as it is undergoing a correction again. That didn't stop the Memeinator presale from closing in on the $1.5 million milestone.
Shiba Inu stays above $0.000008
The cryptocurrency market has underperformed in the past few days. However, SHIB, the native coin of the Shiba Inu ecosystem, remains above the $0.000008 level.
SHIB is up more than 5 percent in the past seven days, although it has given up some of its early gains. Shiba Innu price stands at $0.00000874 at press time. SHIB's poor performance over the past few days coincides with a rebound in the broader market.
BTC has lost more than 3% of its value in the last few hours. At press time, the price of Bitcoin stands at $36,448 per coin.
What is Memeinator?
The crypto market has been doing well since the beginning of the year and investors are looking for new and exciting projects to invest in. Memeinator can be one of the projects to consider.
Memeinator is a web3 project that uses the meme coin wave and wants to provide more resources to users. According to the team, the main focus of the project is to remove useless memories and improve content creation for users.
Memeinator aims to be one of the top meme coins in the crypto space. The team intends to provide the resources that will see Memeinator reach a market value of $1 billion in the medium term.
The project uses AI technology to identify worthless memories, investors need to recognize them and get rid of them.
Memeinator's pre-sale is currently ranked sixth, and the team has raised over $1.4 million. The price of MMTR started the presale at $0.01 per token, and the price will rise to $0.0485 by the end of the presale, giving early bird investors a 132% ROI on the listing.
The team said it will launch a Mementor game at the conclusion of the pre-sale. Mementor game players will have the chance to remove enemy memes to win some exciting prizes.
Why are Mementor pre-sales growing so fast?
Memeinator continues to attract more investors as it offers excellent use cases for content creators in the Web3 ecosystem and beyond. What makes Meminator unique is that it appeals to a wide audience, from DJs to crypto natives and speculators.
The project uses AI to analyze and evaluate memories on the Internet. It identifies low quality memes and replaces them with better ones. Memeinator is committed to elevating meme culture and quality.
Through the group, holders and network participants receive incentives to use the Memeinator network. The native MMTR token has good features such as rejection mechanisms and rewards for holders, encouraging the project for long-term holders. Additionally, 20% of tokens are allocated to market, CX listing and liquidity.
Click here to read more about the Memeinator presale.
Why should you invest in Memeinator?
The Memeinator project has so far raised over $1.4 million and is currently ranked sixth in pre-sales. The platform leverages AI technology and blockchain to deliver optimal value to investors in the medium and long term.
With a target of $1 billion in market capitalization, if this happens, early investors could reap huge profits in the medium term.
