2024-3-7 16:37 |
Bitcoin can be used as a “hedge” to government spending, says Ivory Johnson. He’s the founder of Delancey Wealth Management.
Bitcoin recorded a new ATH this weekJohnson does not expect the U.S. central bank to cut rates in March. Still, he took a positive tone on the world’s largest cryptocurrency in a recent CNBC interview and said:
What I do see is that the tightening will decrease. Global liquidity is one of the things that correlates well with Bitcoin. It drives BTC.
Note that Bitcoin has already printed a new all-time high of over $69,000 as Invezz reported here and many remain convinced that it’s destined to move further up from here.
So, it’s conceivable that the rest of the crypto market will continue to benefit from strength in BTC moving forward. That’s what makes investing in an up-and-coming blockchain based project like Memeinator all the more exciting.
Let’s find out more about Memeinator before picking it as an investment.
Memeinator is an AI enabled crypto projectMemeinator is exciting not just because it could capitalise on the broader crypto tailwinds this year – but the continued focus on artificial intelligence may just be a material benefit for it.
Why? Because it’s a platform that uses artificial intelligence to wipe the weaker coins out of existence and dominate the meme coins space.
So, if you think about it, Memeinator is a project that, on one hand, could take advantage of the crypto market that is expected to grow at a compound annualised rate of 8.62% over the next five years – and on the other hand, could benefit also from the AI market that is projected to surpass $1.0 trillion valuation before the end of this decade.
Even the sub-sector of the crypto market – the meme coins space has accumulated billions in valuation in recent years. That surge, if it continues, may also be a catalyst for Memeinator as it has a native meme coin of its own called the “MMTR”.
You can explore more about Memeinator and the $MMTR token here.
Memeinator (MMTR) has reached over 15 millionWhat Memeinator has set out to accomplish seems to be sitting well already with the investment community considering how well the MMTR coin is doing in its ongoing presale.
The platform has already raised over $5.8 million and looks poised to list its native token on a crypto exchange once the presale is over.
Investing in it today when it’s going for $0.0246 only, therefore, may be a smart move to benefit from the price surge that more often than not materialises when a crypto coin goes live on an exchange.
Memeinator has so far reached over 15 million in total with social media engagement currently at more than 6 million. Interested in finding out more about the $MMTR token? Click here to visit the website now.
AI and BTC are big enough tailwinds for MMTRNote that the rapid growth in artificial intelligence is a huge tailwind for Memeinator (MMTR) particularly because experts are convinced that it’s only in the earnings innings of transforming industries.
In fact, Gene Munster of Deepwater Asset Management last month called AI an innovation that’s second only to electricity in terms of its sheer influence on the world at large.
Artificial intelligence was right there with Bitcoin in dominating discourse at the Africa Tech Summit this week.
And other than AI, the native $MMTR token also have sizable catalysts like the Spot Bitcoin ETFs and Bitcoin halving as well. You can learn more about ways to invest in Memeinator on its website.
The post Is Memeinator a 'buy' as Bitcoin hits a new all-time high? appeared first on Invezz
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