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US SEC approves eleven spot Bitcoin ETFs as Memeinator’s presale approaches $3.5M

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Key takeaways

It’s a historic week for the cryptocurrency market because the US Securities and Alternate Fee (SEC) authorized all eleven spot Bitcoin exchange-traded funds (ETF) purposes. 

With that, Memeinator’s presale continues to soar increased and is now closing in on an essential milestone.

Bitcoin ETFs go dwell in the US

The US SEC authorized all eleven spot Bitcoin ETF purposes on Wednesday. This approval opens the floodgates for institutional buyers to instantly take part within the cryptocurrency market via exchange-traded funds. It additionally gives a extra regulated and accessible avenue for BTC funding.

The eleven spot Bitcoin ETFs are already buying and selling on varied exchanges and posted a $4.5 billion buying and selling quantity on the primary day. Nevertheless, Bitcoin’s value is but to considerably recognize following this newest improvement. At press time, the value of Bitcoin stands at $45,959 per coin. 

What’s Memeinator?

As Bitcoin enjoys its historic week, Memeinator’s presale continues to rally increased. Memeinator is a Web3 undertaking that may launch as a meme token and supply utility to people who use memes. 

The event crew have their sights set on ensuring Memeinator turns into one of many main meme cash within the cryptocurrency area. It has a singular undertaking perspective and is providing worth to buyers and content material creators.

Memeinator launching as a meme coin is to make the most of the latest progress in buying and selling quantity and recognition of meme cash. 

Per the whitepaper, Memeinator will destroy nugatory memes on the web, permitting customers to have entry to solely high quality memes. What makes Memeinator an distinctive undertaking is the truth that it gives utility to the customers and incentives to the token holders. 

AI know-how would allow Memeinator to establish nugatory memes, enabling content material creators and different customers to know them and keep away from them. The event crew have a $1 billion market cap goal for Memeinator as soon as it begins buying and selling on crypto exchanges. 

The Memeinator presale continues to document glorious numbers. The native token, MMTR, was offered for $0.01 within the first presale stage and is now going for $0.0186. The value will rise to $0.0485 by the tip of the presale, giving early buyers an enormous 264% ROI at itemizing. 

Memeinator’s presale approaches $3.5 million

The Memeinator presale launched three months in the past and to this point, the undertaking has raised greater than $3.5 million from buyers. Shopping for into this undertaking may be very simple as buyers should buy the Memeinator token (MMTR) utilizing ETH, USDT and USDC stablecoins. 

At launch, the MMTR token will solely be obtainable on the BNBChain and Ethereum networks. Nevertheless, the token might launch on different blockchains because it seeks to achieve a wider viewers. 

buyers should buy the MMTR token by connecting any of the supported wallets to the Memeinator web site and buy the tokens utilizing ETH, USDT and USDC cash. 

Click on right here to learn extra concerning the Memeinator presale.

Why is the Memeinator presale setting new milestones?

The Memeinator presale broke previous the $3 million milestone just a few days in the past and is now set to surpass $3.5 million within the coming hours or days. The presale is promoting quick because of the distinctive worth proposition the undertaking presents to buyers. The Memeinator crew is working onerous to make sure a greater content material creation course of for customers by eliminating nugatory memes. 

Its native token will energy a number of actions throughout the ecosystem. Per the whitepaper, many of the funds could be used to develop the Memeinator AI know-how. This may permit Memeinator to leverage AI to investigate and consider memes on the web. Thus, giving the undertaking huge adoption amongst content material creators and different teams of customers. 

The MMTR token comes with some thrilling options, together with deflationary mechanisms and rewards for holders. Based on their whitepaper, 20% of the tokens are allotted for advertising, CEX itemizing and liquidity. 

Is the Memeinator nonetheless value it? 

Memeinator may be within the twelfth presale stage however it might nonetheless maintain huge potential for buyers. It might be a wonderful undertaking for buyers within the coming months and years. 

The undertaking’s use of AI and blockchain know-how makes it one of many few meme cash that’s leveraging two thrilling applied sciences. If the event crew execute their plans, Memeinator might turn into a billion-dollar cryptocurrency undertaking within the coming months or years.

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