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SingularityNET (AGIX) and COTI (COTI) are two of the top hot altcoins in the market this week after posting significant gains. As these coins grab investor attention, one project ready that could hit the headlines in coming weeks and worth watching is Memeinator (MMTR).

A project laser-focused in its mission to reclaim the future of meme coins, the Memeinator’s appeal to the crypto sector is unrivalled in the presale market.

Here’s what to know about MMTR amid the AGIX and COTI price surge.

SingularityNET (AGIX) price is up 235% in February. A sharp rise between February 16 and February 23, 2024 has pushed it to its peak of $0.86.

Notably, the price of AGIX has trended upwards since mid-January amid the strengthening Artificial Intelligence (AI) narrative.

The SingularityNET platform is a decentralized network for AI services, democratizing access via its blockchain marketplace. Increased demand and monetization of AI services makes this one of the top tokens in the space.

In recent weeks, OpenAI’s launch of the text-to-video AI model Sora and the strength of chip maker Nvidia’s earnings have bolstered crypto AI tokens.

On February 22, analysts at Santiment, a crypto analytics and social metrics platform, pointed to strong metrics for SingularityNET. Apart from the massive spike in transaction volume to over $119 million, the network also saw substantial whale activity. Data also showed AGIX holders’ count has jumped to nearly 94,000.

Today’s price of $0.77 is up 12% in the past 24 hours and should bulls keep tabs with the AI momentum and network growth, its likely AGIX will continue to climb among the top 100 cryptocurrencies by market.

Investors might find this a notable token for portfolio diversification, particularly now that the $1 level is in sight.

The price of COTI is around $0.21 at the time of writing, up an impressive 56% in the past 24 hours.

One of recent outperformers, it boasted of a 24-hour trading volume of over $425 million at the time of writing. COTI’s value has jumped more than 295% in the past 30 days.

The latest gains have come amid major network developments and milestones. The team recently launched gCOTI rewards for Treasury deposits. These are on top of the COTI rewards, and holders can now earn more rewards directly into their wallets.

COTI also recently unveiled garbled circuits encryption, debuting an innovative blockchain security feature for businesses.

While COTI remains 66% from its highest price of $0.66 reached in September 2021, its likely to trend higher. COTI’s price reached its highest level since May 2022 when it hit $0.24 on February 25, 2024.

Memeinator’s debut in the presale market coincided with a major uptick in meme coin gains. But while many of these tokens went parabolic, the lack of genuine utility has most fading away fast.

The market’s attention on new project Memeinator has however remained steady. The AI-enabled meme coin’s clear value proposition, robust tokenomics and roadmap shines.

The mission is to rid the crypto market of copycat meme tokens as it races to the $1 billion market. This, unlike the vapourware meme tokens littering the space, will ride on a strong community and product. The latter will be be big when the Meme Warfare game launches.

Investors’ confidence has thus seen Memeinator breeze through its presale stages in recent weeks, raising more than $4.9 million so far. 

The native $MMTR token is currently priced at $0.0233 at stage 16 of 20. The initial presale price was $0.01 in stage 1. It means a potential 192% early lock on price movement for early bird participants.

With three stages to go before it hits the last stage at 20, the current $MMTR presale value offers a 25% upside. But when it hits the exchanges in the second quarter, the huge interest seen so far suggests this could be a 50x or 100x token.

Learn more about Memeinator from their whitepaper or website.

The post SingularityNET and COTI surge; investors eye presale opportunity with Memeinator appeared first on Invezz

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