Recently, Dogecoin (DOGE), the leading meme-based cryptocurrency by market capitalization, has witnessed significant gains, surpassing even Cardano (ADA). Concurrently, the Memeinator presale has concluded, with analysts forecasting potential price surges for the coin in 2024.
Dogecoin and GigaWallet Launch
The Dogecoin price skyrocketed by 8% today on the back of both the generally positive market sentiment and the launch of GigaWallet. Moreover, the introduction of Dogecoin’s GigaWallet is anticipated to enhance its usefulness and fuel further DOGE price increases.
The release of GigaWallet 1.0 signifies a significant achievement for the cryptocurrency, as it introduces a robust system for managing Dogecoin transactions. This accomplishment is credited to the tireless efforts of raffecat and other collaborators.
Furthermore, important updates to GigaWallet encompass the incorporation of essential features such as multiple spend-to addresses, transaction fee deduction logic, and improved error handling. Notably, the integration of Core estimatesmartfee for calculating fees further bolsters the efficiency and trustworthiness of transactions.
DOGE Price Prediction
At the time of writing, the DOGE price surged 8.02% to $0.1857 on Tuesday, March 26. Meanwhile, the memecoin held a market capitalization of $26.8 billion. Additionally, the 24-hour trading volume for DOGE spiked 25.75% to $3.13 billion.
However, Dogecoin braced itself for a potential price decline as long-term holders initiated sales to secure profits. According to Coinglass, over $5 million in long holdings were liquidated in the past 24 hours out of the total $7.09 million in liquidations.
Memeinator (MMTR) Price Forecast
Memeinator’s lightning-fast presale sold out, and now analysts are eyeing the coin for a potential price boom in 2024. (29 words), Therefore, we approach Memeinator’s potential in 2024 with a neutral perspective. While it offers more utility than most memecoins, it’s not necessarily capitalizing on trends or solving existing issues; instead, it’s forging a new path.
Considering this, Memeinator price predictions suggest a possible low of $0.02, a high of $0.038, and an average price of $0.029 by the end of 2024. If Memeinator’s analysis for 2024 holds true, we’ll likely see its momentum carry over into 2025. This is because the typical crypto bull market lasts around 18 months. Therefore, Memeinator’s price could peak around Q4 2025.
About Memeinator (MMTR)
Memeinator, hailing from the future (2077), has set lofty goals. Firstly, to eliminate the tedious and worthless scams plaguing the memecoin market, like Dogecoin and Pepe Coin. Secondly, to become the next cryptocurrency project with a market cap of 1 billion dollars.
The memecoin market has become a race to the bottom in the last year, with an endless stream of worthless coins flooding the market after the success of Dogecoin and Shiba Inu in 2021. Memeinator enters the market aiming to stop this market saturation, leaving no stone unturned in its effort to destroy weak memecoins. Inspired by the Terminator movie franchise, Memeinator wants to say “hasta la vista” to lower quality coins.
One of the features that sets Memeinator apart as a long-term investment compared to other memecoins is its AI-powered Memescanner tool. This tool scans the internet for worthless memecoins and dynamically inserts them as characters in the platform’s first-person shooter game, Meme Warfare. Here, users embody Memeinator to seek and destroy these character coins, sending them to the trash bin of bad coins and creating an environment where only a select few can prosper.
