Shiba Inu is on the verge of generating significant returns for its investors. In the last few days, the king of meme coins, Shiba Inu (SHIB) has experienced a significant price surge, driving excitement and speculation among crypto enthusiasts worldwide. At the same time, a new meme coin, the Memeinator (MMTR), is also gaining investors’ attention with its ongoing presale.
Shiba Inu Rally Loses Momentum
In the last three days, the price growth of SHIB has slowed down significantly. Since March 5, the relative strength index (RSI) and moving average convergence divergence (MACD) have been showing bearish development. The RSI is still above neutral, while the MACD is giving bearish signals.
In addition, Shiba Inu investors are seeking to lock in profits by actively dumping coins. The movement of tokens to exchange addresses indicates this.
SHIB Price Prediction
This barrier is considered very important as holders have purchased approximately 46.32 trillion SHIB tokens worth $1.6 billion in the range of $0.00002800 to $0.00003599. Once this level turns into support, the entire supply will become profitable.
This will potentially fuel bullish sentiment among investors and allow SHIB to continue its rally, refuting the bearish thesis.
Memeinator (MMTR) Surpasses $6.5 Million
The new meme coin Memeinator (MMTR) emerges as a novel meme coin initiative, bringing the epitome of meme culture to the forefront, avoiding mimicry of Dogecoin or other tokens. Its Terminator-inspired mission is to eradicate all meme coins from the crypto world’s landscape.
By integrating meme culture, gaming, and AI technology to obliterate frail meme tokens, Memeinator envisions a future where MMTR becomes the prevailing meme-inspired cryptocurrency.
The emphasis on community value is drawing significant mainstream participants, including the global game and app developer Red Apple Technologies. Moreover, Memeinator will also be featured on premier exchanges, and the journey to supremacy might involve a hostile acquisition of all mediocre meme tokens.
The main objective of achieving a $1 billion market cap may serve as merely the launching pad for MMTR. The coin’s value is anticipated to surge when tokens debut on exchanges and pivotal products go live.
Memeinator Tokenomics & Pre-Sale
With a total supply of 1 billion and 62.5% allotted to the public pre-sale, Memeinator swiftly ascends as one of the leading blockchain and AI-enabled crypto memes in the crypto market. Currently in the phase number 18 of the pre-sale, Memeinator has garnered an impressive $6.5 million. Early investors have an equitable and transparent opportunity to acquire the utility and governance token MMTR, and the introduction of staking and token incineration solidifies the project’s prospect as a fresh contender for the premier meme coin.
At The End
Memecoin mania continues! Earlier, the editors of the VR Soldier wrote about the market capitalization of the memecoin sector exceeding $40 billion. Among the growth leaders: Dogwifcoin (WIF), Pepe (PEPE), Dogecoin (DOGE) and Shiba Inu (SHIB). on the other hand, crypto presales allow investors to purchase cryptocurrencies at a hugely discounted price, and all eyes are going to meme coins such as Memeinator (MMTR).