Solana (SOL) continues to make great moves in the market after its breakout from below $100 in late January.
As Solana surges, its ecosystem tokens – particularly meme coins – are flying. On the other hand, Memeinator, a new crypto meme that has raised over $6.6 million in presale so far, is gunning for a strong end as it eyes eventual market dominance.
Solana eyes $200 after breakout to above $170
Solana price is holding to intraday gains as Bitcoin bulls attempt to recoup sharp losses that saw BTC slip by $3,000 to touch lows of $70,000 again on Thursday.
SOL trades around $169 at the time of writing, more than 7% up in the past 24 hours.
The market is showing great resolve to push SOL price higher, this coming as BTC recovers above $71k. In SOL’s case, recent developments, including key integrations across the ecosystem are providing positive vibes. Also notable is the growing crypto ecosystem on Solana, including NFTs, meme coins and DeFi.
Meme coins on Solana have recently outperformed the rest of the market, a good case in point being dogwifhat (WIF). The dog-themed token, which features a beanie-clad Shiba Inu dog, has recently crossed the $3.30 price level. WIF’s spike to the new all-time high also comes as other animal-themed meme tokens on Solana surge.
Analysts now predict a potential rally to a new all-time high for SOL in coming months. Bitcoin’s run to $100k amid the upcoming BTC halving and continued demand in the spot ETFs space will be crucial.
Memeinator: investors eye meme dominance
A few standout performances have been witnessed across the meme coin world, with incredible gains notched. A new entrant into the space however targets surpassing that, riding a distinct approach that deems most would-be competitors as weak, copycats.
Memeinator is that project. Getting rid of these worthless meme tokens is the project’s main mission as it returns from the future to save the crypto meme industry.
The main USP is its utility, which will be powered by the native MMTR token. Rather than ride the transient meme hype and market speculation, the Memeinator comes out of the blocks armed with real value for the community.
MMTR holders will have access to a play-to-earn game dubbed ‘Meme Warfare’ as well as exclusive NFTs, staking and governance.
Artificial Intelligence (AI) will power the Memescanner tool, which will help scan for subpar projects for annihilation via the game. In this case, Memeinator will ride its growing community, genuine utility and strong tokenomics to establish itself as a mainstay of the crypto space.
Watch the video below to get great insights into how Memeinator works.
Memeinator enters final presale stages
Memeinator’s presale started slowly but has exploded in recent weeks. With MMTR early access now in the final stages, investor interest is sky-high.
The launch of staking (with up to 45% return), the 130 million token burn and updates on product development via AMAs have been key milestones. A recent partnership with a leading gaming company is also a big plus for the project.
With factors such as NFTs and gaming resurgence, Bitcoin halving and the global macro picture combine to provide potential tailwinds. That suggests the current MMTR price of $0.0276 in stage 19 could be a perfect entry point.
Stage 20 will see Memeinator presale price increase to $0.0292.
Interested in learning more about Memeinator? Visit the official website.
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