The crypto world is again witnessing unprecedented optimism as Bitcoin storms to a new all-time high. As crypto investors bid for the moon, it’s not just the bellwether crypto or top altcoins that are poised for astronomical gains. Meme coins are also set, with a few already on a rollercoaster of their own.
Solana-based Dogwifhat (WIF), is currently the top performing meme coin, but could Memeinator (MMTR) be the next big thing?
Dogwifhat (WIF): Solana-based meme token outperforming peers
Dogwifhat (WIF) is outperforming top meme coins as it continues its surge above the market cap rankings. A blockbusting spike of 54% in the past 24 hours, 194% in the past week and nearly 900% in the past month has the Solana-based meme coin top of the pile above Bonk and Myro.
Across the meme coin market, WIF ranks behind Pepe, Shiba Inu and Dogecoin with a market cap of $2.1 billion.
Dogwifhat (WIF) made an entry into the market in November 2023, with the iconic image of the dog with a hat going viral. Traction has come via the hype around its “wif hat” outlook, and the latest burst in exchange listings.
The latest to inject upside volatility is Binance, the world’s largest cryptocurrency exchange by trading volume. On March 5, 2024, Binance announced spot trading support for WIF. Trading volume for the meme coin exploded 155% to above $1 billion after trading opened.
Memeinator (MMTR): Reclaiming the future of meme coins
Memeinator is a new meme coin project set to bring the best of meme culture to the market, without being a copycat of Dogecoin or other token.
Its Terminator-inspired mission is to remove all weak meme coins from the face of the crypto world.
As it combines meme culture, gaming and AI technology to annihilate weak meme tokens, the Memeinator is shaping a future where MMTR will be the dominant meme-inspired cryptocurrency.
The focus on value for the community is attracting major mainstream players, including the global game and app developer Red Apple Technologies.
In the end, Memeinator will also list on top exchanges, and the path to dominance could include a hostile takeover of all subpar meme tokens.
The initial target of $1 billion market cap may only be the springboard for MMTR. The coin’s price will also likely explode when tokens launch on exchanges and key products go live.
Memeinator tokenomics and presale
With 1 billion in total supply and 62.5% allocated to the public presale, the Memeinator has quickly become one of the top blockchain and artificial intelligence-enabled crypto memes in the market. Currently in stage 17 of the presale, Memeinator has seen an impressive $5.8 million.
Early bird investors have a fair and transparent chance to get the utility and governance token MMTR and the unveiling of staking and token burn have cemented the project’s outlook as a new contender for top meme coin.
Only three stages are left. Check the presale page for more.
Memeinator vs. Dogwifhat: Which will rule in 2024 and beyond?
Dogwifhat has reached a new all-time high of $2.18, marking itself as one the best altcoins so far in 2024.
More exchange listings may add to the upside momentum in coming months, likely propelling WIF above Pepe.
Can it go on to challenge Shiba Inu and Dogecoin? Well, typical of most meme coins in the market, Dogwifhat lacks any inherent real value or utility. As such, the gains could be fleeting as hype dies down and WIF millionaires are left holding bags.
Memeinator (MMTR), on the other hand, is poised to go all the way to challenge the top dogs, cats and frogs in the meme coin world. Reason? Well, Memeinator isn’t just the typical meme coin.
Rather than become one of the cliché tokens that rocket only on celebrity hype or rely on speculative frenzy, Memeinator casts that away to bring genuine utility and community-driven growth. While marketing is part of the overall picture, it’s not the train to nowhere that currently characterizes most meme coins.
Find out more about the Memeinator here.
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