After crossing the 35 million mark in total tokens sold, Memereum, a cutting-edge blockchain insurance platform, is finally drawing down the curtains on its presale.
So far, the BSC-based project has drawn considerable interest from the investing community, thanks to its comprehensive suite of DeFi products, spanning insurance, lending, staking, payment, and many more.
By leveraging the rich tapestry of functionalities embedded in the Binance Smart Chain, Memereum promises to deliver scalable and cost-effective DeFi services to users.
With the ICO billed to end soon, investors are now watching closely and eager to see how MEME will perform once it lands on IEO. In this article, we evaluate the price potential of Memereum, considering its growing popularity, use cases, and the current condition of the broader crypto market.
What Is Memereum?
Memereum stands out as a pioneering blockchain insurance platform, offering a combination of innovative products, solutions, and tools to enhance the overall experience of DeFi users. With its strategic integrations, Memereum wants to completely change how users have long utilized blockchains for decentralized applications and financial ecosystems.
At the heart of this platform is MemeSwap – a decentralized exchange that offers automatic insurance coverage for a wide range of financial assets, including cryptocurrencies. While ensuring a streamlined trading experience, this industry-standard solution also protects investors and their assets against rug pull, theft, and market volatility.
Another notable aspect of Memereum is its lending platform, which enables users to borrow 75% of their total assets without necessarily selling their holdings. There is also a staking facility that allows presale participants to generate passive income even before the token is eventually launched on DEX.
More so, if the information on its website is anything to go by, Memereum will launch a DeFi debit card to increase the spending powers of crypto enthusiasts. With a plan to bridge the gap between traditional and digital finance, the project says its flagship card will allow users to spend cryptocurrencies like cash for their daily transactions.
Meanwhile, in addition to its staking perks, Memereum says it will give exclusive NFTs to presale buyers, a rewarding offering which could possibly encourages early participation in the project.
Memereum Price Prediction – Is MEME The Next Big Crypto?
Since Memereum is still in its ICO stage, there’s no graphical data to go by yet. Nevertheless, the project, through its whitepaper, has explicitly stated its major concept and the value it wants to bring to the crypto community. This makes it possible to analyze its potential as a cryptocurrency.
With that being said, Memereum, like other top presales that have launched this year, takes a multi-staged structure, with each stage having a 3-day timer. At the time of writing, one MEME is selling for $0.195.
If MEME eventually arrives on DEX at the proposed listing price of $0.45, those who participated in the presale during the first stage would see their initial investment grow by more than 1400%.
However, the most important factor that would keep this token going is the bullish momentum in the broader crypto market. With Bitcoin recently surpassing its golden $100k mark, investors are now desperately hunting for low-cap altcoins that could deliver significant returns.
Memereum stands to benefit immensely from the bullish trend if it delivers on its major use cases. If the products are eventually launched and perhaps turn out to be appealing to the DeFi community, it might trigger a gradual yet steady rise in the price of MEME, even in the long-term. Otherwise, there is no guarantee that the post-launch performance of MEME will correspond to the growth seen in the wider market.
Meanwhile, with the presale scheduled to end soon, Memereum has already been pre-listed on multiple exchanges like BitVenus, VINDAX, Azbit, and more. The prospect of being listed on these exchanges immediately after concluding its presale adds a layer of credibility and legitimacy to the project.
However, a bigger announcement like a listing on tier-1 CEXes like Coinbase and Binance could be what new projects like MEME need to attract a broader investor base and potentially drive up market demand. Nonetheless, listings on those two top exchanges are very uncertain.
All in all, considering the ongoing resurgence in interest around new cryptos and the multiple utility ideas offered by the project, well-known crypto analyst Cilinix Crypto says MEME may be a good prospect in the current market.
Nevertheless, this prediction is solely based on how well the project executes its strategic plans. With this in mind, we forecast that MEME will possibly trade within the range of $0.46 to $0.50 in the coming months.
Next Crypto ICO To Watch Closely – Best Wallet Token
Thanks to its blockchain-based solutions, products, and tools, Memereum has established itself as a highly promising project. However, it is important to note that it is not the only game in town. As the altcoin season continues to heat up the entire crypto space, one major project that has been leading the charge is Best Wallet Token ($BEST).
BEST, the core currency of a versatile Bitcoin wallet provider Best Wallet, has been electrifying the entire crypto market since making its presale debut.
While it started as a private presale – exclusively for Best Wallet users alone – BEST eventually transitioned into a public sale and gathered upwards of $2.3 million within a few days.
What sets BEST apart from other active ICOs is the well-established reputation of its Web3 wallet ecosystem. Featuring a host of game-changing functionalities, Best Wallet has solidified its market position as a perfect pick for investors looking to fully maximize their assets during the bull run.
One notable aspect of the wallet is its decentralized posture, ensuring that users can store, manage, and grow their crypto investments without the interference of any third party. The Web3 app is enriched with easy-to-use features that support on-the-go storage of crypto assets.
Most importantly, Best Wallet excels when it comes to security, integrating powerful solutions like Fireblock to guarantee the protection of users and their assets. Other safety measures like two-factor authentication have also been put in place to repel unauthorized access to users’ accounts.
However, Best Wallet is more than just a secure crypto storage solution. It also allows users to buy, sell, and swap thousands of cryptocurrencies – all within its intuitive app. The self-custody wallet is compatible with approximately 60 chains, exposing users to a huge array of applications, projects, and use cases.
An additional highlight is the platform’s “Upcoming Tokens” feature, which enables investors to quickly discover high-potential projects before they hit the mainstream market.
Featuring trending presales like Pepe Unchained, Flockerz, and even direct to DEX launches such as Catslap, Best Wallet eliminates all the hurdles that investors encounter while finding the next big crypto. This impressive feature makes Best Wallet an ideal destination for those seeking to strengthen their portfolios this year.
Meanwhile, with the launch of $BEST, Best Wallet brings additional value to investors. The token will unlock numerous perks and benefits, including high staking rewards, governance rights, early access to presales, airdrops, and reduced transaction fees. The multiple yet high-rewarding elements tied to $BEST will not only boost its profit potential but also lay the groundwork for its future success.
Moreover, as the industry prepares for a prolonged bull cycle, Best Wallet has been tipped to capture at least 40% of the overall crypto wallet market share. This possibility, according to prominent market experts, could fuel $BEST’s explosion on the price charts.
Those interested in gaining early exposure to this utility-driven token can take advantage of the ongoing presale. Currently priced at $0.022, $BEST stands out as one of the cheapest cryptocurrencies with tremendous potential.
To keep up with latest developments within the ecosystem, follow Best Wallet on X or join its Telegram channel.
