- Blur is skyrocketing as Binance lists its native BLUR.
- Memeinator is billed as 'the meme' to change memecoin world.
- Why are these two tokens likely to be among those to watch?
With Bitcoin holding above $36k and Ethereum battling to stay near $2k, the crypto market looks to have gingerly navigated the IED that was Binance’s story this week. Some crypto tokens are indeed outperforming as the majority consolidate above key levels.
The latest to showcase a likely comeback is Blur (BLUR), whose price has rocketed 102% in the past week. Let’s examine how the new token Memeinator (MMTR) is likely to perform when it hits the market in 2024.
BLUR comeback after Binance lists token?
NFT marketplace Blur is soaring as Binance, the world’s largest cryptocurrency exchange by trading volume, adds support for the native token BLUR.
BLUR spot trading went live on Binance on November 24 at 9 am UTC, with supported pairs being BLUR/BTC, BLUR/USDT and BLUR/TRY. According to the exchange, trading for the token is with a Seed Tag, which means traders are informed to be aware that Blur is an innovative project but whose price currently exhibits high volatility.
This is understandable given Blur just completed its long anticipated airdrop and trading activity is in high gear as some holders look to cash out.
However, on-chain metrics suggest whales are massively accumulating this token and its price could spike further. A resurgence in the NFT marketplace’s user numbers could be the clincher for BLUR price.
What is the Memeinator?
Memeinator, is a new meme coin trained on a $1 billion market cap and with a mission to return memeworld back to its glory days. With its token sale attracting more than $1.48 million so far, the project appears to be on track to hit its presale goal within the 29 stages.
Memeinator has seen great growth in terms of its community too, thanks to its innovative referral programme and giveaways. With the roadmap clearly highlighting milestones, it might not be long before the elimination of subpar meme tokens rolls in.
Blockchain security firm Solid Proof has also audited the Memeinator’s team and project, adding a layer of assurance for the project.
Why is Memeinator likely to dominate crypto meme?
While a listing on a major exchange like Binance could help put demand for the token on another level, there is something else that’s likely to put Memeinator ahead of potential rivals – value, real utility.
Users will find that in products such as staking, NFTs and gaming – all coming to a platform that leverages AI to create an unrivalled marketing system.
If it launches across major exchanges in 2024 as expected, the prospect that it skyrockets to surpass most of the current meme tokens is not an unlikely scenario.
Blur price prediction
With 40% gains in 24 hours, BLUR ranks as the best performing top 100 coins by market cap today. BLUR has spiked 102% this week and 156% in the past month as of writing.
Currently, the cryptocurrency trades near $0.64 and could eye the $1 hurdle if positive sentiment strengthens amid broader market upside.
However, BLUR price today is 87% off its all-time high above $5 reached in February 2023.
Memeinator price prediction
The Memeinator token MMTR is in presale and currently available at the price of $0.0133. The token’s value is set to increase throughout the early bird offering, reaching $0.0485.
By the end of the presale, those who buy MMTR at current price will hold paper gains of 264%. Investors who jumped in during stage 1 of the presale could be looking at more.
Notably, the last stage closed within five days. It means stage 7 could be a breeze as markets warm up for the bull market. Analysts say MMTR could trade towards $1 when it hits the market, which forecasts a potential base case of 1,900% over the bull market phase.
Check out the Memeinator presale here.
Contributors
