The prolonged crypto winter is thawing. Cryptocurrency insiders are lobbying for Bitcoin ETFs, and 2024 is a Bitcoin halving year. These three indicators show that Bitcoin is on the cusp of a noteworthy resurgence.
However, to take advantage of the impending bull run, you should also look beyond Bitcoin. When Bitcoin appreciates, it often causes the crypto market to appreciate even more. Altcoins are known to record more significant percentage gains than Bitcoin during a bull run, albeit with more risk involved.
Revolutionary meme coins Memeinator(MMTR) and Avalanche (AVAX), a layer-1 protocol, are two altcoins presenting an accompaniment to Bitcoin. They rank high among the top cryptos to buy in 2024. Here’s why you should pay attention to them.
What is Memeinator?
Memeinator arrives at a time when the meme market calls for a revolution. In the last few years, numerous meme coin projects have been launched. As a result of the craze, the market has become oversaturated, with more and more tokens becoming little more than lottery tickets.
This is where Memeinator comes in. A futuristic and revolutionary token from 2077, it has one mission: sift through, identify, and destroy weak meme coins crowding the space. Much like Skynet deployed the Terminator for Judgment Day, it sets out to eradicate every unworthy meme coin while aspiring to the apex of the meme coin market.
The project achieves this mission via Memescanner, just one of its standout features. Using advanced AI, Memescanner pinpoints pathetic meme coins and feeds them into Meme Warfare, its interactive game. Here, players engage in virtual contests to eliminate the selected victims, which adds to the ecosystem’s excitement and encourages user engagement.
Memeinator’s narrative weaves the charm of meme coins, irreverent humor, and a dash of GameFi and AI sophistication. This unique combination redefines and advances the meme coin format to unprecedented levels, leaving typical tokens that lack innovation, creativity, or humor for dead.
What utility does the MMTR token have?
The MMTR token is central to the operation of the Memeinator ecosystem. Holders will use it to stake for passive yields on the platform. They’ll also need it to participate in Meme Warfare, the project’s intrinsic AI-powered game.
Memeinator boasts of other exclusive benefits for MMTR holders. These include a unique NFT project and a chance to win a once-in-a-lifetime Virgin Galactic space tour valued at $250,000.
Beyond these tempting perks, Memeinator emphasizes community building through the launch of its online store. Here, community members can proudly display their support by wearing Memeinator merch. It underscores the project’s commitment to fostering a strong, engaged, and organic user base.
Memeinator price prediction- what does the future hold for MMTR holders?
The upcoming crypto bull run and the current meme coin craze combine to paint a rosy future for MMTR holders. Meme coins will be among the most rewarding cryptos in 2024, but Memeinator is poised to continue to grow beyond that — According to CoinJournal, Memeinator is one of the top cryptos to buy for 2024.
Memeinator has a superior narrative and fantastic utility compared to the typical meme coin. The Terminator theme resonates with billions of people, making it easy for anyone to get behind the project.
The project also places immense focus on marketing and brand recognition. 15% of MMTR’s total supply is dedicated to this department. It boosts its potential to go viral and shoot for the moon.
Memeinator is also designed to have scarcity. The development team implements a quarterly burn mechanism, with 129,310,345 tokens burned in the last quarter. This perpetual scarcity will boost MMTR’s price and set it up for serious gains.
Memeinator holders are likely to gain healthy returns from investing. That’s why the ICO is attracting fresh investments right now. The token’s presale is currently in stage 11 at a price of $0.0176, having seen a 76% increase from the beginning. The potential to “go to the moon” is relatively high because the token has yet to list on several planned exchanges.
What is Avalanche?
Avalanche (AVAX) is a blockchain platform designed to provide a highly scalable and customizable platform for building decentralized applications (DApps). The platform allows developers to create custom blockchain networks with specific features and parameters to suit their applications.
It employs an intrinsic Avalanche consensus mechanism to achieve high throughput, quick finality, and security. Its native token, AVAX, is used for various purposes within the ecosystem, including transaction fees, staking, and security.
Avalanche price prediction for 2024
AVAX is a coin that appreciated steadily in 2023. By the end of the year, it had more than doubled the price at which it started the year, leaving its investors with handsome gains.
Currently trading around $45, Avalanche should appreciate in the next bull market in 2024 and beyond by roughly 5x. AVAX’s boost in 2023 resulted from a few newsworthy mentions. Avalanche has already reached a high market cap, which may limit its growth in the future.
AVAX is among the top cryptos to buy in 2024, as continued price appreciation is likely in the new year. However, the already high market cap means that profit potential may be modest.
Memeinator: Is It the best crypto to buy in 2024 and beyond?
Based on their performance in 2023, Avalanche and Memeinator are two compelling choices for top cryptos to buy in 2024. However, savvy crypto investors will consider Memeinator (MMTR) as the better option to make a significant profit.
With its unique narrative, strong brand, scarcity model, and listing potential, Memeinator is poised for explosive growth. It will ride the crypto bull run and remain in demand beyond that because of its exciting features. Investors who didn’t purchase MMTR tokens may experience trying to ‘FOMO in’ later.
To buy Memeinator (MMTR), visit the official Memeinator website.
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Serena James has worked as a writer for different media houses in the past. Currently, she is working as a fundamental writer for thecoinrepublic, covering decentralized finance. When she isn’t writing, she can be found skimming and scanning Twitter and other websites to produce mind blowing breaking stories.
Source: https://www.thecoinrepublic.com/2024/01/08/2024s-must-have-cryptos-investments-youll-wish-you-made/