ChatGPT has been one of 2023’s hottest AI tools. Because ChatGPT can sift through large amounts of data and identify patterns, many people use it as a resource to make accurate predictions for the financial and crypto markets.
We asked ChatGPT, “what are the coins that could explode in 2024?” and “what characteristics make a meme coin popular with investors?” The answers were not surprising. The ChatGPT crypto advice about meme coins focused on qualities like viral marketing, utility, community and social media presence, and scarcity.
Pepe Coin and Memeinator are excellent options for crypto investors looking for these qualities. This article will explain how both coins score, considering those points, and why Memeinator might be the better investment choice.
What is Memeinator, and how does it work?
Memeinator is a relatively new project that stands out in the meme crypto space. It possesses many characteristics that ChatGPT’ considers to be important for meme coins, including having the support of a strong community.
Memeinator takes inspiration from the iconic Terminator movie series, where futuristic robots travel back in time to eliminate human and machine targets. It sees itself as a futuristic meme coin that has returned from 2077 to terminate weak, underperforming competitors with advanced AI technology. The ultimate goal is to dominate the meme coin space and revolutionize that section of the crypto market.
Memeinator’s community can participate in Meme Warfare, which will allow users to blast, blow up, and even fist-fight various meme coins available on the market. Its Memescanner, a sophisticated AI tool that crawls the Web for useless meme coins, locates lowly meme coin targets to feed into its forthcoming Web3 game.
The MMTR ERC-20 token also supports staking and yield farming, two popular passive income sources. It emphasizes marketing and brand improvement, and exciting plans for an NFT project will further boost its brand name and recognition.
Additionally, to increase MMTR’s token scarcity, Memeinator’s development announced an early token burn, which took the presale from its originally planned 29 phases to just 20. The team burned six stages worth of tokens and will reallocate those coins to bolster its marketing efforts, including influencer and top-tier platform partnerships.
Ultimately, Memeinator has built in various characteristics ChatGPT finds most valuable for meme coins, including massive utility, a viral marketing campaign, a loyal fan base, and scarcity of MMTR tokens. Considering these factors, Memeinator could be one of the best meme coin investment options for 2023-2024.
What is Pepe Coin?
Pepe Coin is an ERC-20 token inspired by the famous Pepe the Frog meme. Launched in April 2023, this coin doesn’t provide any form of utility, but it sports some features that could make it a good meme coin investment, according to ChatGPT’s list.
First is its deflationary nature, a.k.a. scarcity. A small percentage of PEPE tokens are burned with each transaction round, reducing its supply over time and making it scarcer and, therefore, more valuable.
In addition, Pepe operates a redistribution system where a portion of every transaction is shared amongst existing token holders. This measure creates an incentive for holding the coin long-term.
Finally, Pepe Coin has a no-tax policy that ensures that any user can trade it without incurring additional fees. It also has an excellent social media following and a strong community of users. Essentially, Pepe Coin has many characteristics that would make it a good meme coin, according to ChatGPT.
However, one drawback of Pepe Coin is a very public scandal that occurred in August and sent the value of PEPE into a spiral. The token has since regained lost ground, but the rug pull tarnished Pepe Coin’s reputation.
Pepe Coin vs. Memeinator price predictions
Pepe Coin started its existence without fanfare but saw a meteoric price rise. It launched on exchanges at $0.000000001 per token. That’s equivalent to $1 for 100 million PEPE tokens. And days later, its price had appreciated many folds.
The coin hit a climax of around $0.000003734 17 days after its launch, racing past the $1 billion market cap mark. However, that was the highest price recorded for the whole of 2023. In less than a month, it lost all momentum and started depreciating.
Memeinator, on the other hand, hasn’t been launched on exchanges but is already making waves. Rated as the top new meme coin to buy according to CoinJournal, it has all the features possessed by Pepe Coin and more. Its native token, MMTR, has some simple utility, unlike Pepe Coin.
Given that Pepe Coin has no utility and managed to clear the $1 billion market cap threshold, imagine how high MMTR, which has actual utility, could go in the future.
Memeinator also sits alongside the Gamefi market, which experts predict will rake in over $90bn in the next seven years. How high will MMTR’s price be by that time?
Now in stage 8 of its presale, the project has raised $2m just 12 weeks after going live. MMTR is currently available at $0.0148, which means it has gained 48% since its starting presale price of $0.01000.
ChatGPT crypto advice: Memeinator looks like a good meme coin investment
On the surface, ChatGPT crypto predictions seem impossible. Generative AI may give ambiguous answers about the best upcoming crypto coins. However, if you ask ChatGPT what makes a good meme coin, it gives several characteristics that Memeinator and Pepe Coin offer. And of the duo, Memeinator emerges as the superior choice for crypto investors.
Memeinator stands out in the meme coin crowd because it is the anti-meme coin. It sets itself apart in an industry filled with generic copycats and spearheads the meme coin revolution. It brings originality, fun, and meaningful community engagements via several use cases and plans to play center stage in the meme coin market comeback and the evolution of GameFi.
This coin will likely trend and remain viral because of the enticing and fun narrative. And since it’s still in presale, there’s potential for massive price appreciation. That’s why Memeinator could be the best coin poised for explosion in 2024.
To buy Memeinator (MMTR), visit the official Memeinator website.
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