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Crypto Market Preview: Memeinator Ready to Rocket 50x in 2024

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As investors enjoy the recent news of Bitcoin ETF approval and anticipate an upcoming bull run, the crypto market is in an exciting place right now. Savvy investors see this as the last call to accumulate tokens before the market enters its gravity-defying phase, pointing to one project in particular: Memeinator.

Since its presale launch in late September, Memeinator has been a whirlwind success, raising $3.8m and powering through to stage 13. Hype is ramping up as the project nears its final stages, and tokens are selling out rapidly.

With a disruptive vision capturing the hearts and minds of thousands of investors, Memeinator is ready to rocket 50x-100x in 2024. Keep reading to find out why this is likely, why meme coin analysts are buzzing, and why Memeinator should be a standout investment this year.

Memeinator’s presale rakes in $3.8m

The crypto market has a new challenger on its hands: Memeinator. This new meme coin is unlike anything seen before, on a bold mission to cleanse the crypto market of its useless, often derivative meme coin peers.

Memeinator’s mission has hit a chord with crypto investors. Its community is growing rapidly, with 63.9K Twitter followers and a Telegram channel boasting more than 11K members, as these fans and followers buy up tokens like crazy.

Luckily, there’s still a window of opportunity for presale investors. There are still 172,413,793 tokens available with 48.22% growth potential in the presale—but be warned, each stage is selling out faster than the last.

Memeinator: The hero crypto is calling out for

Memeinator is a time-traveling vigilante from the year 2077, where bad meme coins have spread like a virus. In this dystopian future, these coins, rather than quality cryptocurrency projects, dominate the scene, stifling real innovation and progress.

This might sound like a sci-fi movie plot, but the reality is not far behind. With about 9,000 projects on CoinMarketCap, nearly 1,500 are meme coins—that’s a staggering 16%. And while there’s nothing inherently wrong with meme coins, far too much of that 16% is low-quality crypto, ripe for culling.

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Memeinator has traveled back in time to avert this bleak future. However, this mission isn’t a solo endeavor. It’s rallying a force of underground soldiers determined to turn the tide against bad meme coins. 

With its sights initially set on a colossal $1 billion market cap, Memeinator aims to eventually dethrone the likes of Dogecoin and Shiba Inu—aiming not just to compete but to reign supreme. It’s a proposition that has thousands of early backers overwhelmed with excitement as they gear up for what could be the next 50x-100x crypto market phenomenon.

Memeinator’s laser focus on utility and community

Memeinator is setting the crypto market ablaze with a strategy that expertly balances utility with community engagement, a formula that’s propelled the most successful meme coins to multi-billion dollar market caps.

Memeinator’s utility is showcased through the Meme Warfare game, an interactive, high-octane battleground where players embody the Memeinator and engage in futuristic battles against rival meme coins. This game is a wild ride of humor and mayhem, where players use an arsenal of weaponry to dominate their meme coin opponents.

Keeping Meme Warfare fresh and relevant is the Memescanner, powered by OpenAI technology. This advanced tool scours the Web for new and trending meme coins, feeding these coins into the game as characters to be destroyed, creating constant excitement.

Memeinator knows all too well that building this large following as soon as possible is critical to its mission. For one, its 90s action movie branding instantly appeals to a cult fanbase. But there’s also a generous referral scheme and ongoing competitions, like the presale’s grand prize: a space journey with Virgin Galactic worth $250k. Additionally, a $100k airdrop is set to reward 10 lucky participants with $10k in MMTR tokens each! 

Memeinator’s tokenomics

Memeinator’s tokenomics are very attractive, with over 15% of tokens allocated to aggressive marketing and exchange listings for maximum visibility. An additional 10%+ is pegged for future development, 5% for exchange liquidity, while 7.5%+ fuels ongoing competitions, all designed to foster long-term growth and send Memeinator soaring past its $1 billion market cap goal. The rest is allocated to the presale. 

Investors also have plenty to look forward to, with up to 45% APR staking rewards and a token-burning mechanism to gradually restrict MMTR’s supply. Each feature is designed to maximize investor value and draw a huge following. 

Why Memeinator is primed for growth in 2024

While Memeinator is not a GameFi platform, its unique combination of crypto and gaming will allow it to ride the tide of the growing GameFi market, which is projected to go from $9 billion to $36.7 billion by 2029, according to Fortune Business Insights. 

Memeinator is currently priced at $0.0197, with its presale set to conclude at $0.0292. The crypto market looks ripe for the taking, with analysts from various sources, including Forbes and Cointelegraph, predicting that Bitcoin’s halving event in April 2024 will kickstart a bull run. 

Meanwhile, 2023 saw meme coins like PEPE and BONK record four-digit percentage gains despite lacking any real utility. Pepe Coin burst onto the market, going from a starting point of $0.00000006036 to an ATH of $0.0000036 in a matter of weeks before rumors of a rug pull caused the token to plummet. Early investors are still sitting on over 2,000% gains. Bonk, which Solana’s developers airdropped to its community as a Christmas present, is up by over 1,200% in today’s trading and is priced at $0.000014. According to CoinMarketCap PEPE and BONK have market caps of around $0.5 billion and $0.9 billion, respectively.

While other coins lack utility, Memeinator stands apart. With its ambitious mission, a utility-rich ecosystem, and a strong emphasis on building a grassroots community, it’s well-positioned to be this year’s crypto sensation.

This approach means that reaching its $1 billion market cap goal could be light work. Achieving this milestone would catapult MMTR to around $1 per token, translating to a roughly 3,300% return from its final presale price. And for those eyeing 50x returns, MMTR only needs to hit $1.46—a target it could easily soar past, given the current market outlook and its rapidly growing popularity.

Memeinator could be 2024’s biggest crypto market disruptor

Early investors in Memeinator have the chance to join one of the most transformative projects around, a venture that could irreversibly alter the crypto market’s future for the better. 

With MMTR primed for a spectacular 50x-100x lift-off in 2024, the presale drawing to a close in Q1, and listing on exchanges, the clock is ticking to join Memeinator’s mission. Its current price means today’s investors need MMTR to reach just $0.93 to see those 50x returns. Becoming an early backer of Memeinator could be the wisest investment decision you make in 2024—don’t miss out.

To buy Memeinator (MMTR), visit the official Memeinator website.

Decoding Bitcoin’s Recent Tumultuous Ride: Emotion-Driven Trends

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In the realm of cryptocurrency trading, Bitcoin’s volatility highlights how emotions can exert significant influence, sometimes outweighing logical choices. Irrespective of their expertise, traders remain vulnerable to these emotional undercurrents, especially when faced with substantial market fluctuations. The recent drop of Bitcoin to $26.1K and the resulting turbulence in altcoins vividly demonstrate this trend. This piece examines essential markers that illuminate these intricate patterns.

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Source

The surge in “buy the dip” mentions following the price drop was a predictable reaction, reflecting optimism that the market would swiftly rebound. However, the gradual erosion of this sentiment suggests a shift towards pessimism as market capitalizations dwindle. Counterintuitively, this decline in optimistic sentiment is a positive sign, as it signifies a transition from wishful thinking to a more balanced assessment of the situation.

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Source: Santiment Insights

Examining dip buy mentions across social platforms, Reddit emerged as the epicenter of confidence in rapid recovery, albeit tapering recently. Twitter’s initial spike has given way to neutrality. Historically, when all platforms converge on neutral dip-buy references, patient traders have historically encountered the optimal moment to capitalize.

Bitcoin’s Role in Market Health

Bitcoin’s prominence in discussions spiked post-crash but swiftly receded as traders turned their attention to burgeoning altcoins. While this may indicate trader greed, high Bitcoin social dominance is often linked to robust market health, contrasting with altcoins’ association with speculative fervor. These shifts between fear and greed are instrumental in market dynamics.

Amidst this tumult, swing traders have been hit hardest, with a 30-day average return of -8.5%. This emphasizes a less precarious trading environment for adding to positions. Nonetheless, long-term traders with a 365-day perspective remain slightly profitable at +5.2%. The convergence of negative short-term and long-term MVRVs, as seen in the past, historically signals a robust bullish trajectory.

Notably, the prevalence of open short positions across exchanges holds promise. While this has resulted in stagnant price returns in the short term, history suggests that such circumstances can incite short-covering rallies and neutralize funding rates. These strategic moves by traders might ultimately lead to reshaping the market narrative.

In conclusion, the Bitcoin market’s recent turbulence underscores the enduring influence of emotion on trading decisions. As observed, the progression from optimistic to pessimistic sentiment, the interplay of Bitcoin and altcoin discussions, the impact on swing traders, and the strategic positioning of shorts all provide insights into the market’s current state. While emotional responses persist, an understanding of these indicators can empower traders to navigate this tumultuous landscape more effectively.

NFT Activity Down Over 90%, Will QUBE Spark Demand?

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The world of Non-Fungible Tokens (NFTs) has experienced tremendous growth and popularity in recent years. Recent statistics show a decline of over 90% in NFT sales and overall activity.

This downturn has raised concerns and left many wondering if the NFT trend was merely a temporary hype or if there is room for sustained growth. As the market searches for catalysts to reignite interest, all eyes have turned to innovative projects like InQubeta and its native token, QUBE.

QUBE: Igniting Demand in the NFT Market:

QUBE presents a unique value proposition within the NFT landscape. As the native token of InQubeta, an AI technology startup, QUBE leverages the power of blockchain and AI to create a dynamic and compelling ecosystem. InQubeta’s NFT marketplace offers fractional investment opportunities in AI startups, blending the world of NFTs with the rapidly expanding field of artificial intelligence. This fusion of two groundbreaking technologies has the potential to spark renewed interest in the NFT market and attract both seasoned investors and newcomers alike.

InQubeta’s strategic positioning sets it apart from other projects in the NFT space. The platform not only focuses on NFTs but also emphasizes the integration of AI technology. This dual approach opens up a wide range of possibilities, allowing investors to benefit from the growth potential of both NFTs and the AI sector. By investing in QUBE, individuals align themselves with an ecosystem that combines innovative technologies, investment opportunities, and a community-driven governance structure.

Visit InQubeta Presale

Join the Ongoing Presale and Seize the Opportunity:

Investing in QUBE during the ongoing presale holds significant potential for investors. The presale has already surpassed $360,000, indicating the project’s strong market interest and confidence. Industry experts have predicted that investing in QUBE tokens could lead to a potential 50x return in the future. With the combination of InQubeta’s visionary approach to AI and the utility of QUBE within its ecosystem, investors have a unique opportunity to participate in the resurgence of the NFT market.

It also presents a unique opportunity for investors to get involved in the InQubeta ecosystem at an early stage. By participating in the presale, individuals can secure QUBE tokens at a favorable price point and position themselves for potential future gains. As the demand for AI technology and NFTs regains momentum, QUBE holders stand to benefit from the growing interest in InQubeta’s ecosystem.

Visit InQubeta Presale 

Conclusion:

While the NFT market has experienced a significant decline in recent times, the emergence of QUBE offers a glimmer of hope for its revitalization. Through InQubeta’s innovative approach and the integration of AI technology, QUBE has the potential to spark new interest in the NFT market. The ongoing presale, which has already surpassed $360,000, is a testament to the market’s confidence in the project. 

By investing in QUBE tokens, individuals position themselves to benefit from the resurgence of the NFT market and the anticipated growth of InQubeta’s ecosystem. Don’t miss out on this opportunity to be a part of the QUBE revolution and unlock the potential for 50x returns in the future!

Visit InQubeta Presale 

After a 70% price drop in a year, has the NFT hype fizzled out?

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The red-hot NFT market is no longer fiery anymore. As per a report, the hype surrounding digital token space has begun to show signs of slowing down as evident from the significant drop of its average trading value. Data from the NFT tracker NonFungible showed that sales of the assets plunged from a record $6,900 at the beginning of the year to a mere $2,000.

Due to this, some collectors have resorted to minimizing their losses. One such user sold a Bored Ape Yacht Club recently for $224,000 incurring a loss of $67,800 loss.

Speculators attributed the fall to the current global crisis following Russia’s invasion of Ukraine that may have added to the decreasing trend. Writer and crypto investor Aaron Brown told in an interview said, “What I would say is the last week or so has seen a significant decline — perhaps as much as 40 percent in floor prices for the most desirable NFTs.”

Another reason contributing to the overall decline could be the increased scrutiny from US regulators. The Securities and Exchange Commission [SEC] announced this week that it’s investigating whether these asset classes should be deemed as securities and if they needed to be regulated as such.

But all is not over. Even though evidence suggests that the market has started to cool down, the number of unique traders getting into NFTs is still on the rise.

What lays ahead for the NFT ecosystem?

Despite the overall slump, not every NFT marketplace is affected. Bored Ape Yacht Club NFTs saw sales increasing by almost 59 percent over the last week, according to NFT data management website DappRadar. CryptoPunks were also up 118 percent. Dapp Radar analyst Pedro Herrera stated,

“Trading volumes are down in general, but the demand measured by the number of unique traders and sales count is increasing. So while we’re seeing less volume, there’s more activity, even though Ukraine’s conflict is definitely driving away from the attention from trading.”

The picture looks hazy with regards to where the NFT market is headed next as in the crypto world, this isn’t any new. Herrera who remains optimistic said that “This, to me, says the space is slowly but surely diversifying and maturing.”

Binance Coin [BNB] Sees Double-Digit Growth As October Brings Greener Pastures

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Several altcoins led the bull charge on the 1st of October with market caps surging on the charts. Binance Coin [BNB] emerged as one of the best performers of the day that saw spectacular growth in both the daily and weekly timeframes. The weekend seems to have brought along some good tidings for the crypto-verse as multiple coins witnessed double-digit gains.

At the time of writing, BNB was valued at $411.8 while its market cap climbed to $69.35 billion. The cryptocurrency climbed by 10.6 percent over the last 24-hours which was enough to push the daily trading volume over the $1.9 billion mark. As October officially dawned upon the cryptocurrency market, enthusiasts expected a change in fortunes.

Binance Coin 1-hour:

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Binance Coin [BNB] Sees Double-Digit Growth As October Brings Greener Pastures 5

The hourly spectrum saw BNB register strong green candles on Friday. Binance’s cryptocurrency enjoyed a consecutive green red save for one red candle in between. According to the readings, BNB’s immediate support was clocked at $325.06.

Bolinger bands: The Bollinger bands diverged from one another as the cloud size increased. This was a sign of an impending buy-in run for Binance Coin.

Relative Strength Index: BNB’s RSI stayed above the overbought threshold as the cryptocurrency enjoyed one of its strongest runs in weeks. The indicator was evidence that more users were buying into the Binance Coin ecosystem.

MACD: The MACD line and the signal line moved upwards after crossing over. Even the histogram displayed strong bullish momentum.

Binance Coin 1-day:

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Binance Coin [BNB] Sees Double-Digit Growth As October Brings Greener Pastures 6

BNB’s daily performance was more stagnant compared to its hourly counterpart. The daily price resistance fell to $265 after the bear run at the start of May.

Relative Strength Index: After Friday’s resurgence, the indicator shot up to the moon. The new influx of investors is expected to benefit the cryptocurrency’s long term price hold.

MACD indicator: After a slow September, the MACD line and signal line converged on October 1. The histogram in turn was in the midst of recovery after seeing red for the entirety of September.

Bollinger bands: Both the bands moved parallel to each other after the green candle lifted the price action out of its lull.

Tron continues its rodeo as market excitedly calls for new updates

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Over the past couple of days, the cryptocurrency market has seen a divisive shift in the sentiments with a lot of users jumping on the digital asset bandwagon. It is not just Bitcoin that was on a bull tear as altcoins such as Ethereum, XRP and Tron also enjoyed their time in the sun. 

Justin Sun’s Tron, having been in the shadows for some time, has begun to wave in the digital asset industry. The price of Tron was not the only factor that emerged, as a number of personalities also started their buzz around the popular cryptocurrency.

The new year began with a number of positive updates from across the industry, with major players doubling down the wave. Justin Sun had also recently talked to Bloomberg about the age of memecoins and how it could act as a stepping stone to further developments.Tron also changed their energy and bandwidth spectrum from 40SUN to 140SUN. This came after the Tron Foundation approved the No.51 request to vote for the blockchain.

At press time, Tron traded for $0.056 after a 62.93 per cent increase in value over the previous week. The 20th-ranked cryptocurrency held a market cap of $3.9 billion and a 24-hour trading volume of $4.47 billion. Cryptocurrency fans expect BSV to overtake in terms of a market cap of $4.13 billion.

The hype around Tron has reached such a crescendo that even mainstream stars like Lindsey Lohan have begun to talk about it. On February 11, Lindsey Lohan tweeted about Tron and its features, betting on a bright future. The Hollywood star said the following:

“Exploring #DeFi and already liking $JST, $SUN on $TRX. Super fast and 0 fee. Good job @justinsuntron”

Tron has positioned itself as a competitor of Ethereum with the sole aim of improving the trading ecosystem. The first major resistance level of Tron broke at $0.052 at an intraday low of $0.04112. Right now, analysts expect Tron to test the resistance at $0.055 before any price drawdown occurs. Only time will tell if the price swing is still going the bull’s way.

European Nations Proposing Plans for Libra Competitor

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The German Central Bank called out on banks across Europe to come up with a cheaper competitor for Facebook’s Libra Coin. 

Jens Weidmann who serves as an official of the European Central Bank and the President of the German Central Bank announced the suggestion earlier today. The financial expert who seems against the idea of digital Euro believes that European nations have the ability to create a faster and cheaper Libra alternative.

Despite having a hard time the previous year, Mark Zuckerberg and Facebook are putting up work to win regulatory approval. Following the announcement of China’s digital stablecoin posing as succinct competitors to Libra coin, other nations are head-on heels to launch their own CBDC.

Libra’s many wars seem to be as a result of the power it might hold. Most people believe allowing Facebook’s inclusion into financial data; in addition to the personal data it currently poses -; gives it better traction to outshine the United States Dollar. 

Cheap, Fast & Transparent Libra Alternative

Several nations, as well as technologists, have been scrutinizing the pieces of the puzzle. For instance how the social media giant has been working around the clock to win regulatory frameworks. Hence, these nations are also working tirelessly to find a better option for Libra. Meanwhile, Jens Weidmann called out on other banks in the region to develop a better alternative for Libra, that will be cheaper, faster and transparent. 

Weidmann stated that smaller banks are in a better position to provide such a solution to customer requests. In fact, he noted that he didn’t believe in creating an immediate solution’; but a corresponding offer to carter for customer requests. 

Dr Jens Weidmann
Credit: Wikipedia

Mark Zuckerberg lastly noted that Libra would serve the world as a standalone entity from Facebook. Furthermore, since Facebook seems to be the key reason that Libra is still lagging with compliance -; Separating both entities seemed the best way forward for Libra. Meanwhile, Ripple Chief Executive Officer Brad Garlinghouse said that the project will only launch until 2023.

Lack of Concrete Plan to Launch Libra in 2020

For instance blockchain analyst Bello Perez believes that Libra lacks a concrete plan to see it launch in 2020. A board member Patrick Ellis had previously told Reuters that the Libra Association didn’t have plans to determine its launch this year. 

“At this stage, there is no strategy set in stone for the markets or the product, or how it will actually get rolled out,” 

However, After reaching out to Ellis on whether Libra would actually launch in 2020, he simply said “Yes.”

Initially, the social media giant sent the world into a frenzy when it drafted plans to launch a digital coin. Facebook announced that it had garnered support from at least 28 companies such as PayPal, Mastercard and Visa. 

However, it wasn’t long before global regulators began showing concern and issuing warning. A situation that scared several Libra backers including Paypal and Mastercard. Libra’s story turned gaga spiralling into a congress questioning of Facebook President Mark Zuckerberg. 

The barrel of regulatory scrutiny is believed to have been among the reasons for several members of the Libra Association exiting. For instance, the European Union antitrust began probing Facebook Inc back in August. 

Moreover, the European Commission began to investigate Libra’s potential anti-competitive mannerism, amid rising concern that the payment system had the capability to cut off rivals. 

Swiss Concerns With Libra

Recently, shortly before the end of 2019. Switzerland President noted that Libra had failed and required reworking to win approval. For instance, he raised concern about the type of currencies underpinning the stablecoin. He said:

“I don’t think (Libra has a chance in its current form), because central banks will not accept the basket of currencies underpinning it,”