Even as Memeinator continues its dominant presale, raising $4.5m to date, investors are still collecting data and speculating which projects will go parabolic in 2024. Some predict Dogwifhat has a strong chance, and others believe Memeinator could continue its trajectory and 100x once listed on top exchanges. Let’s compare these coins and see which stands the best chance in the ultra-competitive meme coin market.
What is Memeinator?
Memeinator differentiates itself within the meme coin space by avoiding the use of cute mascots or recycled internet tropes. Unlike Dogwifhat, Memeinator’s brand narrative has it time traveling back from 2077 with a distinct purpose: to overhaul the meme coin landscape, allowing only projects with genuine merit to survive.
Supported by a dedicated community of over 140,000 enthusiasts on X, Memeinator incorporates iconic Terminator franchise branding, preparing to offer unmatched utility and innovation. Aspiring to achieve a $1 billion market cap, Memeinator has already secured ground-breaking partnerships, including a collaboration with Red Apple Technologies. This exciting game developer has over 150 employees and 12+ years of experience, adding impressive momentum to the project.
Meme Warfare: A project harnessing the power of GameFi
While not strictly a GameFi project, Memeinator draws many parallels with the sector and is looking to capitalize on the growing might of GameFi; a sector that reached $55 billion in 2022, according to Crypto.Com. Memeinator’s planned game uses its AI Memescanner tool to scan the internet for lackluster meme coins with no substantive value. These coins then undergo a transformation into characters for the new shoot-em-up video game, Meme Warfare, available only to Memeinator token holders.
Users assume the role of Memeinator, destroying subpar projects. This distinctive strategy not only provides an outlet for frustration within the meme coin sector but also creates an enjoyable gaming experience.
Memeinator (MMTR) tokenomics and benefits
During the presale phase, 62.5% of 1,000,000,000 MMTR tokens have been allocated for early adopters, and the clock is ticking, with only 129,310,345 tokens left. 15% has been allocated for marketing initiatives, and to boost Memeinator’s virality, the marketing team recently placed a billboard near SpaceX offices to get Elon Musk’s attention. This caused #Memeinator to trend worldwide.
For those diving into stage 15 of the presale, the MMTR ecosystem offers the opportunity for token staking with a 45% APY. To help maintain the value of MMTR tokens, a commitment has been made to implement periodic burns, managing deflation effectively. The first of these was executed in December, burning nearly 130,000,000 MMTR tokens.
What is Dogwifhat?
Established in 2023, Dogwifhat (WIF) is a new cryptocurrency, drawing inspiration from the Doge meme. This meme coin’s value is driven exclusively by market speculation and offers no real utility. In contrast to Memeinator, which aims to reshape the meme coin market, WIF embraces simplicity as it humorously depicts a Shiba wearing a hat, even playfully misspelling “with” as “wif” within its name.
Despite its straightforward premise, Dogwifhat has gotten the crypto community’s attention, closing in on meme coins like SHIB and PEPE in 24-hour trading volume.
Memeinator vs. Dogwifhat
Comparing Memeinator against Dogwifhat is arguably quite a stretch. Because although they may both be meme coins, Memeinator is in a league of its own with the genuine token utility it provides. Despite its popularity, Dogwifhat appears to be just another Dogecoin impersonator aiming to ride the trend of Doge memes and offering nothing of substance for potential buyers, currently sitting just 20% up from its launch price.
Memeinator provides many benefits for those participating in the presale. Those who got in on the ground floor have already seen its value gain by 120%. Looking at other meme coins, PEPE peaked when it gained 15,000% from its all-time low, and BONK surged a staggering 4,000% in the final months of 2023. These figures bode well for the growth potential of Memeinator, which has real utility supporting its viral nature and could therefore easily hit 50x – 100x.
Final thoughts
As Memeinator powers through stage 15 of its presale, securing $4.5m to date, investors are speculating about what coins will rise in 2024. Although Dogwifhat certainly has a chance to make gains, Memeinator looks like it will completely outplay it with a multifaceted approach that appeals to a wider investing audience.
Memeinator is an amazing new cryptocurrency and is still in its ICO phase. Early adopters of this project have the chance to make significant profits, provided they invest before the coin is listed on top exchanges in Q1 this year and the hordes drive up the price.
To buy Memeinator (MMTR), visit the official Memeinator website.
Disclaimer: This is a paid post and should not be treated as news/advice.
