New Memecoin cryptocurrency has produced millionaires: does Memeinator come next?

New Memecoin cryptocurrency has produced millionaires: does Memeinator come next?

The new crypto bull run is there. The Bitcoin Prize gave up last year's low of $ 14,900 and is now well over $ 35,000. Ethereum is approaching the $ 2,000 mark, while the overall market capitalization of all digital currencies has increased to over $ 1.3 trillion.

There are two main drivers for the ongoing crypto bull market. First, the Federal Reserve has left the interest rates unchanged for two sessions in a row and indicated that it may be raised. Other central banks such as the European Central Bank (ECB) and the Bank of England (Boe) have done the same.

Secondly, hope that the Securities and Exchange Commission (SEC) will approve the Bitcoin ETF. The top companies that have applied for these ETFs include Blackrock (largest asset manager in the world), Investco, Franklin Templeton and ARK Invest.

Memecoins run well

The new Bitcoin bull market has attracted many investors to meme coins. Pepe Coin, the popular token, which was introduced a few months ago, jumped to a high of $ 0.00000135 this week, the highest level since August 15. At the peak, the token rose by more than 126 % compared to the low this year. Its market capitalization has risen to over $ 450 million, which makes many of its owners a millionaire.

Another new meme coin is known as a Memecoin (meme). It was introduced this week and quickly developed into one of the fastest growing tokens. It has risen sharply and has reached a market capitalization of more than $ 219 million. It has a fully watered market capitalization of over $ 1.72 billion.

Memecoin is an honest cryptocurrency. In contrast to others who pretend to do things, it's simple on the website. The meme coin has no benefit, no roadmap, no promises and no expectation of financial profits.

Memeinator could be the next big thing

The success of Memecoin and Pepe means that other tokens could thrive and produce crypto millionaires. One of the top meme coins that has a real chance of becoming popular is Memeinator.

On the one hand the token was already successful. In less than a month, the developers of the token have collected over $ 1.1 million and are in the process of achieving their destination 5 out of $ 1.2 million.

In contrast to Memecoin (MEME), Memeinator has two important catalysts. First, it aims to have a real benefit on the market. The goal is to become a leading player in the gaming industry in the future, which is expected to develop positively.

Second, it integrated the concept of artificial intelligence into its ecosystem. AI is one of the fastest growing industries in the world. For example, we saw the strong performance of companies such as Palantir, Nvidia and AMD.

Therefore there is the likelihood that the MMTR token will develop well if it is listed on important exchanges such as uniswap and bony. You can buy the Memeinator token .

Source: Coinlist.me

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