Cryptocurrency experts have generally criticized meme coins for their lack of practicality. 99.9% of meme coins only exist for speculation and instant profit. Just look at the rise of meme coins like Dogecoin (DOGE), and especially shitty Dogecoin clones like Baby Doge (BABYDOGE), to demonstrate how this crap can climb to great heights.
Now, a new generation of memecoins aims to replace traditional memecoins like Dogecoin and the thousands of replicas like Baby Doge.
This is a memecoin that aims to achieve its $1 billion market cap target by eliminating the current large number of weak memecoins.
The next-generation meme coin — Memeinator (MMTR) — is causing serious concern as its Phase 29 presale is attracting investors lining up to buy MMTR tokens.
It’s important to mention: in just 5 weeks, Memeinator’s ICO has raised $1m in new investment. Memeinator isn’t officially launched yet, but it already promises to be far more powerful than Baby Doge and its ilk.
Can Memeinato destroy Baby Doge and purge it from the memecoin world? Cryptocurrency observers think so. Here’s why.
What is Memeinator? How does MMTR work?
MemeinatorNot just another ordinary Dogecoin or Shiba Inu replica, like Baby Doge. It is a memecoin designed to power unique Crypto Web3 experiences — its ultimate goal is to reach a $1 billion market cap while targeting weak memecoins to eliminate them entirely. Think of it as a Terminator from the future, sent by Skynet with the mission of devouring the remains of the death meme coins that still exist.
Except for MMTR holdersOffers staking and yield farming optionsAdditionally, Memeinator will grant exclusive access to a top-secret NFT project. A video game is also in the works. It will serve as a Crypto arena where players can take on the role of Memeinator and engage in fierce meme coin supremacy battles against weaker competitors like Baby Doge. Goodbye, little one.
In Meme Warfare, video game characters will represent meme coins identified as weak, derivative, or useless by the Memeinator AI-powered algorithm. Protocol’s AI web crawler tool, Memescanner, will scour the internet for meme coins and then feed them into the game as characters to be chased and eliminated by Memeinator.
Memeinator Meme Coin Price Prediction: Can MMTR Reach $1 by 2025?
Meme coins are purely speculative assets but can create wealth overnight. Now, imagine the potential of a meme coin like Memeinator that is actually innovative and useful.
With the Bitcoin halving event in 2024The next bull marketComing soon, Memeinator is in the perfect position to see significant price increases before 2025.
If it reaches a $1 billion market cap, the MMTR token will reach $1. If a memecoin without utility can reach $1 billion (like PEPE), it can go even further once Memeinator’s presale ends and the token goes public.
Conservative estimates suggest that MMTR tokens will reach $0.40 to $0.60 by at least 2025 — a 40x to 60x increase from the presale price of $0.01 per MMTR token. If MMTR reaches the $1 billion market cap target, that would represent a 100x increase from its current pre-sale price of $0.0125 per MMTR token. Meme coins like Memeinator are at the forefront of gaming, meme culture and artificial intelligence and have great potential for appreciation. The only question is how high it can go.
What is Baby Doge? How does BABYDOGE work?
Baby Doge is a meme coin launched in June 2021. The token is a lighter interpretation of Dogecoin and runs on the Binance Smart Chain with a total supply of 420 trillion BABYDOGE tokens. The way it works is that 5% of every buy or sell transaction is rewarded to Baby Doge holders, with the other 5% added to the token’s liquidity pool. This unique mechanism places BABYDOGE in the sixth place among the most important meme coins.
Baby Doge Cryptocurrency Price Prediction: Can BABYDOGE Reach $1 in 2025?
Baby Doge has gained significant traction in the meme coin space, with BABYDOGE soaring in January 2022. However, its high total supply limits its price cap. BABYDOGE may have peaked. A new generation of more innovative memecoins, such as Memeinator, are expected to appreciate more significantly in late 2023 than Dogecoin clones like Baby Doge. What are the chances of Baby Doge competing? As the number of daily active addresses for BABYDOGE decreases, how will it find momentum? At present, Dogecoin derivatives are losing popularity.
Memeinator vs. Baby Doge: Final Verdict
MemeinatorFar better than Baby Doge in every aspect. With the MMTR ICO attracting a large number of new investors, Memeinator seems to be a better investment option than Baby Doge.
Through its mechanism of gradual price increases, the Memeinator ICO offers early investors a chance of up to 390%, which will increase the MMTR token price by 6% with each subsequent phase of the pre-sale phase.
The ICO encourages potential MMTR investors to participate sooner rather than later, welcoming the protocol’s public debut with generous price increases and putting them in a good position for exponential growth ahead of the next bull run.
Memecoins imitating Dogecoin are outdated and it’s time for a new memecoin revolution.