Memeinator’s ambition to dominate in 2024

Recent cryptocurrency news has injected fresh bullish momentum into the cryptocurrency markets, with XRP and Memeinator set to capitalize.

XRP’s price outlook facilitates a major change in fortunes after more regulatory clarity is brought to the world of Web3. At the same time, Memeinatorwhich has just started its pre-sale, has the potential to outperform its meme coin competitors thanks to favorable market conditions.

Judge rules that XRP is not a security: impact on the future

In July, the price of XRP skyrocketed after major cryptocurrency news emerged related to Ripple’s SEC lawsuit. The trial has been ongoing since 2020, with the Securities and Exchange Commission (SEC) targeting Ripple on the grounds that the XRP cryptocurrency was a security.

Securities are subject to different rules and regulations as they generally present fundraising opportunities for a single centralized company. Cryptocurrencies, on the other hand, are digital assets designed to be used as a medium of exchange on decentralized computer networks.

The court case between Ripple and the SEC became world famous. The result was thought to provide great insight into the US regulatory stance towards the crypto industry. TO New York judge ruled in July that XRP was not, in fact, a security – a big victory for Ripple and for the crypto sector, more broadly.

Price analysts hope that cryptocurrency news such as the XRP-SEC test will usher in a new bullish phase for the cryptocurrency markets. Since the New York judge ruled in favor of Ripple, several leading financial institutions have submitted plans to offer a crypto ETF on their platforms. This has provided even more bullish momentum heading into 2024.

Could the new Memeinator project benefit from recent regulatory changes?

Memeinator was built during the bear market after the team noticed a key problem with most meme coins on the market: namely, that the vast majority of meme coins do not offer any symbolic utility to their investors. To help solve this problem, Memeinator was designed to offer more features to its token holders and usher in a new era for the meme coin market.

To begin with, Memeinator offers an attractive investment opportunity during its pre-sale. The native MMTR token is available for $0.0118 and will increase by 390% during the event, assuming it runs successfully. It will be used in a decentralized ecosystem that contains several prominent features, including a game known as Meme Warfare, a special collection of NFTs, and decentralized financial services such as MMTR token staking.

With such broad utility built into a single meme currency ecosystem, Memeinator is believed to have extremely high long-term potential. The meme coin ecosystem will support a fully decentralized community, and the project could benefit from the regulatory clarity provided to Web3 through the XRP trial.

Towards the stratosphere, literally

One lucky backer of the new meme coin project will receive a once-in-a-lifetime trip to outer space on Virgin Galactic’s plane. space line. This initiative fully shows the spirit of the project. Most meme coins share empty promises of Lamborghinis and moonshots, so Memeinator will send one of its users to space for real.

All early backers will have the opportunity to take the Spaceline ride, as well as gain exposure to one of the most exciting new meme coins on the market during 2023. The price will gradually increase from $0.01 to $0.049 during the event, helping to reward previous sponsors with the best price.

How does MMTR work?

Meme Warfare is the key feature of the Memeinator platform. It offers a unique gaming experience where players can search and destroy unworthy meme coin pets. Helping destroy them with Memeinator’s built-in weaponry in an engaging shoot-em-up style game.

The project uses an artificial intelligence tool called Memescanner that will search the web for unworthy meme coins. Once you have selected victims, Memescanner will enter them into Meme Warfare for the Memeinator community to eliminate.

Memeinator is also launching a dedicated nft collection with details yet to be revealed. But there are some rumors that this is a PFP style collection or even a unique art collection where owners get a 1 of 1 item, as verified by the ethereum blockchain.

The Memeinator team is also building a betting portal directly on the site, which will allow community members to earn a passive return on their MMTR investment in the long term.

Memeinator Price Outlook: Will MMTR Reach $1 in 2025?

Memeinator has deflationary tokenomics as only 1 billion tokens will be created. Having deflationary tokenomics and broad platform utility is a recipe for success in the crypto markets. Memeinator will attempt to generate demand from blockchain users while benefiting from a fixed total supply of tokens.

The combination of these features can help put constant bullish pressure on the MMTR price. Price analysts have tried to compare MMTR with existing meme coins on Web3, and have chosen FLOKI and PEPE as their two main competitors.

FLOKI reached a peak market cap of $500 million during the 2021 bull market, while PEPE surpassed the $1 billion mark in May 2023. MMTR has set its sights on a market cap of $1 billion for the next cryptocurrency bull market, giving the token a value of $1. target price in 2025.

Will XRP recover from its lawsuit?

XRP was created by Ripple Labs, a US-based FinTech company. The XRP token facilitates the transfer of value on RippleNet. It is a decentralized computer network designed to provide an immutable ledger that records financial transactions in real time.

RippleNet can process cross-border payments with transaction fees close to $0 almost instantly. The benefits of RippleNet and blockchain technologies, more generally, are that they can process transactions much faster and cheaper than any traditional payment system. This is a key reason why they have become so popular in today’s world.

Instead of going through costly and time-consuming foreign exchange processes, financial institutions like J.Morgan, the Bank of England and Santander have chosen to use RippleNet and XRP. This reflects the powerful utility of XRP in the global financial system.

XRP Price Outlook

The price of XRP may have slowed in recent years due to Ripple’s SEC lawsuit. XRP is believed to have underperformed during the 2021 bull market as it failed to surpass its previous all-time high at the $3 price level.

Thanks to Ripple gaining more regulatory clarity, experts predict that the price of XRP may surpass its 2021 high during the next cryptocurrency bull market.

Memeinator vs. XRP

Memeinator and

However, Memeinator is in the early stages of its development. The project has just launched, increasing its appeal to those looking for low-cap cryptocurrencies. There is a limited time only to purchase MMTR at a reduced price level before it appears on Bitmart.

For exclusive information on the pre-sale and launch of Memeinator, sign up using the form on the website editor.

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