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Introduced during a euphoric memecoin season, the Memeinator project quickly rose to popularity in 2023. However, not many seem to be bullish on the token right now, despite some recent developments and updates.
Investors appear worried, with many wondering if it may be a good time to buy into the project or exit. Speculations of a pump also run rampant within the community, but the price trajectory up until now paints a rather bleak picture.
Memeinator Project and Its Price History
Originally launched as a project that would overshadow all other memecoins, Memeinator quickly captured the attention of the wider investing community, thanks to the bullish sentiment surrounding memecoins at the time.
The project presented itself in a Terminator-themed setting, returning from the year 2077 to avert a dystopian future filled with low-quality, derivative meme coins that suck all credibility out of the crypto market. The primary goal for the project was clear: to reach a $1 billion market cap while contributing to the community. It still seems to be the goal, given the social media posts featuring $1 billion as the only target.
The project featured NFT collections, plans for video games, and more to make this possible, which seemed achievable at the time, with its presale raising more than $7.7 million in a short span.
The project went viral for all these reasons and quickly found its way to the MEXC exchange. However, things didn’t stay the same for long, and a downtrend began.
At launch, the project experienced an impressive price surge, with the price jumping from about $0.01 to more than $0.04 in a single day. Unfortunately, the downtrend that followed did not experience a reversal thereafter. At the time of writing, the token’s value is much lower than its MEXC listing price, trading at about $0.0026 per token.
Currently, the project has ramped up its marketing efforts once again, advertising its newly launched game as a potential catalyst for a significant price increase. While there have not been any recent changes in price action, a good portion of the community still seems bullish on the token.
Memeinator Price Prediction
Here is our prediction for the MMTR token in the coming months, along with the factors we believe could impact its prices.
July-September – Q3 2024
Memeinator’s biggest and most anticipated update was the recent game launch. If the game is embraced by the community, there is likely to be a sudden surge in demand for MMTR. However, this will also depend on the market’s stability and the project’s community showing support similar to its early days.
This may be a challenging feat to achieve, especially since some investors are concerned by the forced vesting of 75% of their tokens, which the project initiated without informing the holders. Several influencers who promoted the project without mentioning such a move from the developers were slammed by the community. However, if MMTR manages to bypass these issues and generates hype for the game and other upcoming updates, then a price reversal could be possible.
October-December – Q4 2024
Despite its early popularity, the vesting incident and stagnant development have caused the project to flatline, with the current price dipping below its listing price, leading many to consider it a “dead crypto.”
While a reversal could restore some positive sentiment, the likelihood of a substantial influx of funds flowing into the project organically is low. The RSI shows the token in underbought territory, which typically signals a potential relief pump, but MMTR has rarely entered the safe middle zone, complicating predictions for a bullish movement.
If the project can secure major partnerships and strategic endorsements alongside the game and other developments, steady growth may be possible. However, without significant changes, profitability appears unlikely.
2025
With a flatlining chart and a community that seems frustrated with the project, the potential for a pump may be unlikely, especially in the long term. Our research suggests that over time, the token may struggle to sustain value as investors consider cutting losses and selling their current holdings.
If community strength sees a major boost alongside increased engagement on social media platforms in the future, we might observe some upside movement. Otherwise, MMTR is likely to follow its current downtrend into 2025.
New Meme Coin Alternatives
While Memeinator’s chart may not be looking impressive at the moment, its presale gains were substantial. The only issue was that it had investors having to vest 75% of their tokens. This is also the case with Pepe Unchained, a trending memecoin that has been gaining massive popularity since its introduction a few weeks ago.
Pepe Unchained, inspired by the incredible rise of the original Pepe meme coin, is shaping up to be an exciting presale opportunity for investors looking for significant gains. With its innovative Layer 2 technology, it offers trading speeds up to 100 times faster than Ethereum while reducing gas fees, addressing the frustrating issues of network congestion and enhancing the overall user experience. The project has already raised over $6 million and is likely to launch soon on several leading exchanges.
The tokenomics are designed with the community in mind, allocating 20% of tokens for presale, which gives early investors a unique advantage. Since there are no vesting periods, this reduces the risk of investor frustration, unlike what was experienced with Memeinator. With 30% set aside for staking rewards, it also encourages long-term holding and active participation within the community.
