dogwifhat (WIF) price prediction as bullish Memeinator readies for market entry

dogwifhat (WIF) price prediction as bullish Memeinator readies for market entry
фото показано с : invezz.com

2024-3-5 16:30

The meme coin space has witnessed some massive volatility in recent weeks, with upside swings for tokens pushing the sector market cap to above $67 billion. In the spotlight has been Pepe, Bonk and Floki and dogwifhat – which has received a massive boost with listing on top tier exchange Binance.

With 2024 expected to see Bitcoin explode to a new all-time high, analysts are saying altcoins could be primed for a monster rally. Meme coins are also likely just getting started.

Here’s the price prediction for dogwifhat (WIF) and Memeinator (MMTR), which has raised over $5.7 million in its presale so far.

Memeinator: New meme coin eyeing market dominance

Memeinator (MMTR) is seeking to topple every single weak and worthless meme token in the market today. That could count for virtually every one of the tokens to see a major rally in recent weeks – most of which has been around speculative hype.

As a new project, the Memeinator is looking beyond the meme coin tag. It is not a copycat of Dogecoin or other dog-themed coin offering practically no utility to its community.

Rather, the project comes with a clear objective –   offer real value to holders of its MMTR token while tapping into the benefits of blockchain technology and artificial intelligence.

The AI angle is key to the project’s mission to take out all weak meme tokens. This comes via the Memescanner, an AI-enabled tool connected to the Meme Warfare game.

Gamification sees users engage in a play-to-earn ecosystem that pits Memeinator against all subpar meme coins. Still in terms of utility, the project provides for staking and NFTs. Anticipation for this game has grown as Memeinator’s presale offered more people a chance to be early adopters.

The project’s social channels currently boast of over 135,000 followers on X and over 22,000 on Telegram. Memeinator community on Reddit is among the top 33% by size.

What is dogwifhat?

As one of the dog-themed tokens, dogwifhat could ride the meme frenzy to hit new levels above $2.00. Currently, the token trades around $1.89 after hitting the all-time high of $1.90 earlier in the day.

WIF wants to be the meme that brings transcends boundaries, paving the way for “a new era in finance and technology.” But as a key detail on the dogwifhat website notes, this is “literally just a dog wif a hat.”

dogwifhat price prediction

Dogwifhat (WIF) is one of the meme coins to see massive price gains over the past week, rising more than 250% to hit a new all-time high on March 5, 2024.

Today’s double-digit surge comes after crypto exchange Binance added spot trading support for WIF. The Solana-based meme coin is likely to explode further given the impetus that this listing adds to WIF sentiment.

After breaking the psychological $1 barrier, dogwifhat’s continued upside has hinged more on the bullish outlook for meme coins and its listing on top exchanges. With price up from lows of $0.40 just a week earlier, its possible more traction could follow should Coinbase add to the listing tide for WIF.

In this case, WIF could extend above $2.00, with price discovery amid a rampaging bull market putting this meme coin on track to challenge Bonk and Pepe. 

Both of these meme coins have rocketed in recent weeks and have a market cap of $2.4 billion and $3.2 billion respectively. On the flip side, profit taking could pull it back to support near the $1.40 area.

Memeinator price prediction

Memeinator has blazed through its presale in recent weeks, quickly moving from stages 12 to 16. This came as the crypto market rallied. Currently in stage 17 of 20, the presale price has reached $0.0246.

In the next three stages, MMTR price will increase to $0.0292, offering a 18% upside return in stage 17.

When the presale concludes in coming weeks, the token will commence trading across the market. The first listing on a top decentralized and centralized exchange is already part of the milestones set in the roadmap.

With meme coins forecast to rally further, it’s possible MMTR will explode on its market debut. With dogwifhat seeing 100x since December 2023 lows, a more utility-driven project such as Memeinator may just edge this as the bull market rolls in.

Learn more about this project here.

The post dogwifhat (WIF) price prediction as bullish Memeinator readies for market entry appeared first on Invezz

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