Dogecoin’s (DOGE) $8.5 billion market cap has made even the most skeptical crypto-currency skeptics take a second look as they simply cannot believe that a dogecoin can be worth that much. Originally a joke by the meme coin community, Dogecoin paved the way for a multi-billion dollar sub-market within the cryptocurrency community.
Memecoins offer fast payments that can be sent around the world in seconds with lower fees than the traditional financial system. Additionally, many high net worth individuals prefer to use a financial system without red tape.
While memecoins are often difficult to explain, some are clearly more valuable than others. A prime example of a high-potential memecoin is Memeinator (MMTR), whose goal is to destroy all memecoins that offer no additional value to token holders. Memeinator will relentlessly work to dominate the memecoin market, develop an army of revolutionary supporters, and achieve its goals with a token economy that focuses heavily on advertising.
Here's everything investors need to know about this 100-fold gem.
What is the mission? To eliminate worthless memecoins from the crypto market.
The MMTR token presale is already making waves in Web3 thanks to the built-in utility of this new memecoin. The project combines several important decentralized applications into one platform and has a singular goal: to destroy all other memecoins on the market.
Early predictions suggest that MMTR could reach a $1 billion market cap due to its unique online entertainment options. The team will also invest heavily in marketing the new memecoin, which could help it expand within the decentralized ecosystem. This will attract more and more community members over time.
A lowly memecoin like PEPE stands little chance against the iron grip of the Memeinator. Like many other memecoins in the crypto space, PEPE has no utility for its holders. Over time, the MMTR will likely squeeze PEPE between its sturdy palms and squash it like a bug. All that will be left will be a puddle of green liquid and a bunch of defectors who have jumped ship to join the Memeinator movement.
MMTR not only offers a variety of dApps in its ecosystem, but will also provide several key DeFi services, including token staking. The Memeinator community has already begun to grow, and perhaps soon it will become one of the most exciting meme coins in the Web3 world.
