2023 could be remembered as the year of the meme coin. With an endless supply of new meme coins hitting the marketplace almost weekly, what started as a light-hearted fad with Dogecoin ten years ago has become big business in the crypto sector.
In recent weeks, two more new meme coins have joined the fray, aiming to take the title of best meme coin of 2023. Say hello to Memeinator and Grok, two coins with big ambitions as we move into 2024. Experts are already busily compiling their end-of-year lists, so the question remains: which of these two coins makes the best investment option for 2023?
What is Memeinator, and how does it work?
Fed up with the almost universally poor quality of meme coins flooding the market in 2023, Memeinator has been sent from the year 2077 with two distinct aims. Firstly, to consign the plethora of copycat Dogecoin rip-offs to the crypto landfill where they belong, and secondly, to mobilize its growing grassroots army of disaffected meme coin fans to help it become the next $1 billion meme coin sensation in 2024.
To support this endeavour, Memeinator is mobilizing an excellent mix of branding and marketing while deploying a wide-ranging ecosystem full of utility, value, and profit for users to enjoy.
At the core of Memeinator’s immediate appeal is its classic shooter style game, Meme Warfare , in which users become the Memeinator and hunt down rival meme coins to blow to smithereens. The game is enabled by the AI-powered Memescanner tool that scours the internet to find the latest useless, no-value meme coins to feed into the game as characters for players to eliminate.
However, anyone wishing to dismiss Memeinator as a one-trick pony would do best to dig beneath the surface and discover the real value driving its early popularity. It offers excellent staking rewards and an exciting, much-anticipated NFT project in development. Not only that, but Memeinator’s project team has just announced a well-thought-out referral scheme that offers coin holders tiered access to different ranks to which different percentages are assigned.
The team will also be burning tokens quarterly in order to maintain the value of the MMTR tokens that are in circulation. In fact, the team burned six stages of tokens in December, a total of 129,310,345, in order to increase the scarcity – and therefore the value – of the tokens during the presale event.
As the presale progresses, having already raised $1.8m in liquidity after just 11 weeks, 7.5% of the token supply has been allocated to a competition pool. The number one prize on offer to presale investors is the chance to win a trip into outer space through Memeinator’s unbelievable partnership with Virgin Galactic !
Memeinator price prediction in 2024
Memeinator’s early ICO progress is already marking it as one of the best new meme coins to hit the market in 2023. After launching at just $0.01 per token, the price of the MMTR token will increase over 20 stages to an eventual $0.0292, helping stage one investors achieve stunning returns across the presale.
If Memeinator is to achieve its aim of a $1 billion market cap, it needs to hit the $1 mark. With the early viral performance of Pepe Coin that drove it beyond the billion-dollar mark within weeks of launching, despite its confessed lack of value still fresh in the minds of industry experts and investors, suddenly this tall order looks much more achievable.
With an expected bull run in 2025 following 2024’s scheduled Bitcoin (BTC) halving event, investors won’t have to wait too long until the $1 billion pipe dream becomes likely.
To stay up to date with the MMTR ICO, its price action, and raise amounts, the MMTR email list is definitely worth signing up to.
What is Grok?
Grok is one of the new meme coins that Memeinator is designed to rail against. Since launching at the beginning of November 2023, Grok has quickly caused a storm across crypto markets, with viral price action followed by enormous losses soon after.
The GROK meme coin is a crypto token inspired by Elon Musk’s Grok AI initiative. It has no affiliation with Grok AI or Musk and has been shrouded in secrecy since its launch. A day after Musk announced his AI project, this new meme coin hit the market, rising to a $138 million market cap within days of its launch.
However, little is known about the mechanics or team behind the GROK token. It is an ERC-20 token released on the Ethereum blockchain but has been launched without much information on its website, nor a white paper in support.
Grok price prediction in 2024
Eight days after launching, Grok was hit by a scandal. An internet sleuth named ZachXBT posted on X (formerly Twitter) that he had discovered that the people behind $GROK were scammers. He released screenshots showing that Grok’s Twitter account had recently undergone a name change and had previously been linked with the controversial Bitcoin Express project.
The Grok price immediately fell, losing 74% of its value. Although the Grok project team responded to address the issue, the ship may have sailed with no immediate sign of a price recovery. Indeed, other eagle-eyed observers noted that a GROK token holder sold 27 million tokens before ZachXBT’s release and bought back 16 million once the price fell.
This suspicious price activity has done nothing to grow trust in Grok. Although the project team appears to have grand designs on becoming one of the biggest new meme coins to hit the market, analysts are unanimous in their view that the GROK token is unlikely to get far beyond its current $0.008 value soon.
Memeinator vs. Grok: Which is the best of the new meme coins?
Memeinator and Grok have equally high ambitions to take on the cryptocurrency markets and lead the new meme coin revolution into 2024. However, each is marketing itself vastly differently, with Memeinator’s prospects being infinitely brighter than those of its competitors.
As investors continue to seek assurances over the security of their investments given the string of crypto scams that have dogged the industry in recent years, its fine-detailed and well-executed project plan that includes transparency, is giving it a long-term appeal that is missing from Grok’s secretive and opaque vision.
If you’re an investor seeking the best new meme coin to invest in, take advantage of Memeinator ’s presale and grab your tokens at the knockdown price of just $0.0148 in stage 8 before it’s too late!
To buy Memeinator (MMTR), visit the official Memeinator website .
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