BanklessTimes
Home News Memeinator vs. XRP Price Prediction – Which Is the Best Crypto To Invest in for October?

Memeinator vs. XRP Price Prediction – Which Is the Best Crypto To Invest in for October?

News Desk
News Desk
News Desk
Author:
News Desk
The latest news, comment and analysis from our crypto news desk.
October 10th, 2023

In searching for the best crypto to buy now, XRP is a name that frequently pops up. But all that glitters isn’t gold, as Memeinator knows. Memeinator, with its new presale, is making waves in underground crypto circles. So, how does it stack up with XRP in investment potential? This article explores this question, offering MMTR and XRP price predictions and a final verdict.

What is Memeinator?

Memeinator is far from being another name on the meme coin roster. Are you tired of the glut of useless meme tokens giving crypto a lousy reputation? This new project is on a mission. Its goal is two-fold: cleanse the market of weak meme coins and achieve a $1 billion market cap. The 29-stage MMTR presale kicked off on the 27th of September, and crypto circles are buzzing with anticipation.

To achieve its lofty goal, Memeinator combines ‘90s action film branding, aggressive marketing, and a crystal clear vision to build one of the biggest resistance movements crypto has ever seen. It’s an expertly crafted strategy that has some considering Memeinator one of the best cryptos to buy now.

Adding another layer of excitement, the Memeinator team plans to launch an epic shoot-em-up game, Meme Warfare. Players can embody the Memeinator and take down meme coins in creative, chaotic ways: crushing, melting, shooting, car chases, hand-to-hand combat, and more. The AI-powered Meme Scanner constantly updates the game with new meme coin targets based on real-world data, so the action stays fresh.

Meminator’s fundamental aspects have been carefully designed to make MMTR a hot commodity. Generous staking rewards and deflationary tokenomics provide a strong incentive for both early adopters and long-term holders, driving demand and helping to stabilize MMTR’s price. An NFT project announced at the end of the presale sweetens the deal further.

Perhaps most impressively, Memeinator has set aside 7.5% of its total token supply for a competition pool. The first fantastic prize—a trip to space with Virgin Galactic—shows that the Memeinator team means business.

All-in-all, Memeinator has a compelling vision. It’s an invitation for investors dissatisfied with the status quo to unite and disrupt a market flooded with low-value meme coins. Its goal of a $1 billion market cap is audacious but viable, and if achieved, early investors could be banking outrageous returns.

Memeinator price prediction

Memeinator’s native token, MMTR, launched in presale at just $0.01 and is slated to cap off at $0.049 as it progresses through its 29 stages. MMTR is currently worth $0.0112—a bargain, given its potential.

Analysts are bullish about Memeinator, seeing its vision of amassing loyal followers as a powerful part of the narrative, sustaining demand in the long run. With a total supply of a billion tokens, it’s feasible for MMTR to reach $0.50 in 2024. That’d put MMTR at a $500 million market cap — easily achievable in a bull run.

Consider this: weaker projects, like Dogelon Mars and Baby Doge, soared past this valuation in the previous bull market. If bulls make a return in 2024, MMTR could even hit the $1 mark!

What is XRP?

XRP is a cryptocurrency almost as old as crypto itself, developed by Ripple Labs to conduct international money transfers without the need for centralized banks. A unique consensus mechanism completes transactions in seconds, costing mere cents. While Ripple has seen institutional adoption from Bank of America, Santander, and Standard Chartered Bank, XRP’s journey has been far from smooth.

Following the U.S. Securities and Exchange Commission (SEC)’s lawsuit against Ripple Labs, accusing them of selling unregistered securities in the form of XRP tokens, in December 2020, both had been in a legal war. In mid-July 2023, the courts ruled in Ripple’s favor, though the SEC is appealing. After the announcement, XRP surged over 70%.

However, there are still outstanding lawsuits against Ripple executives Brad Garlinghouse and Chris Larsen. These legal battles create uncertainty over XRP and its future, potentially negatively affecting XRP price predictions. It’s worth noting that XRP has given much of these 70% gains up, indicating investors’ cautiousness.

XRP price prediction

XRP currently stands at $0.50, and it’s difficult to tell where it may be headed. On the one hand, many XRP price predictions say additional courtroom victories could offer the legal clarity XRP sorely needs, potentially spurring wider adoption and boosting the price to its 2021 highs of around $1.50.

Conversely, decisions against Ripple Labs and its executives could trigger a selling spree, dragging its price down to lows of $0.20-$0.25. While the scales favor XRP climbing higher, it’s a risky investment. Take excessively bullish XRP price predictions with a grain of salt.

Memeinator or XRP?

Regarding the best crypto to buy now, there’s a clear winner between Memeinator and XRP. While XRP has its merits, it’s an uncertain prospect. Memeinator, meanwhile, has more potential, especially with its presale just getting started.

Early investors have a chance to join something special, a movement that could soon be the talk of the crypto world. Its ambitious mission, cutthroat plan, and bullish price predictions underscore its potential. But be quick: demand is expected to grow near-exponentially, and the 29 stages could sell out rapidly. Secure a spot in the resistance movement before it’s too late.

You can find out more about the project and how to buy MMTR on the official website.

Disclaimer: Insights provided by crypto industry players and is not a part of the editorial content of BanklessTimes.