- Dogecoin (DOGE) surges again as Coinbase plans to list DOGE futures.
- Investors seizing market opportunities have turned strong attention to Memeinator (MMTR).
- Memeinator has raised over $7.5 million, and only a few tokens remain in the final presale stage.
Memeinator is in its final presale phase, with fewer than $215,000 worth of tokens left. Interest in the new meme token has skyrocketed in these closing hours. At the same time, Dogecoin, the original meme cryptocurrency, may be poised for renewed momentum as Coinbase moves forward with plans to list DOGE futures.
Read on to learn why investors are excited about Memeinator.
Coinbase plans Dogecoin futures
Dogecoin’s price rose alongside other altcoins after Wednesday’s FOMC meeting, when markets reacted to the Fed’s signals. DOGE topped $0.15, gaining more than 18% in 24 hours.
The rally followed gains across crypto and stocks after the Fed hinted at lower rates being on the table. Dogecoin received an additional boost from reports concerning Coinbase, a leading U.S. crypto exchange.
According to regulatory filings, Coinbase told the U.S. Commodity Futures Trading Commission (CFTC) earlier this month that Dogecoin has shown “sustained popularity” and stands out among meme tokens. Coinbase is reportedly evaluating DOGE futures products.
Specifically, Coinbase Derivatives plans to roll out cash-settled futures contracts for three cryptocurrencies—Litecoin, Bitcoin Cash, and Dogecoin. Listings could arrive by April 1, 2024.
Memeinator (MMTR): Investors eye the future of meme coins
Memeinator positions itself as a meme coin project—but not a typical one.
The project aims to create lasting value for its community by addressing what it calls the flood of low-quality meme tokens. Its mission includes eliminating weak meme tokens to protect the broader crypto ecosystem from poor-quality projects.
Memeinator recognizes that many of these tokens lack utility and value.
To combat this trend, Memeinator leverages artificial intelligence as the engine for a play-to-earn game called Meme Warfare. The game integrates meme tokens into its mechanics, and the project’s ecosystem rewards the community for eliminating worthless tokens.
Excitement around the project has grown in recent weeks after the team revealed a staking pool and executed a token burn. A partnership earlier this year with game studio Red Apple Technologies marked a key milestone for Memeinator.
Beyond the game, the community will gain exclusive access to an NFT collection. The roadmap, highlighting the game and NFT releases, is available on Memeinator’s official website.
Memeinator: Market debut next
Memeinator’s total supply is one billion MMTR tokens, with 62.5% allocated to the presale that began in Q4 2023.
Early backers have contributed more than $7.5 million so far, and fewer than $215,000 in MMTR tokens remain before the final (20th) presale stage closes.
With the close only hours away, competition to secure allocation has intensified. Buyers are chasing the potential for 100x returns at the $0.0292 presale price.
Memeinator’s market launch coincides with rising crypto markets as Bitcoin attempts to reclaim $68,000 and push toward new all-time highs in the post-halving rally. The overall bullish sentiment, including renewed interest in top meme coins like Dogecoin, could also lift MMTR token momentum.
Learn more about Memeinator here.