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Wen (WEN) price has jumped more than 30% in the past 24 hours to top the meme coins charts. This comes as Bitcoin breaks to a new all-time high above $73,500.

At the same time, Memeinator (MMTR), a new meme coin in presale, entered the penultimate stage with over $6.5 million raised.

Here’s the potential outlook for WEN meme token and MMTR amid rising interest in its final presale stages.

Only days remain before the Memeinator (MMTR) presale ends. This is after the project entered the second-last stage of its presale.

The project has so far raised more than $6.5million from early bird enthusiasts. As analysts rank Memeinator among the best meme coins to buy in 2024, investors keen to tap into its potential dominance are aggressively positioning.

In its quest, the Memeinator has one critical mission to fulfill – purge crypto of all subpar meme tokens. These tokens are mostly copycat projects that offer very low or no utility at all.

AI and blockchain combine in this ecosystem to provide for an AI dashboard called Memescanner and Memeinator game dubbed Meme Warfare. Apart from gamification, Memeinator also offers staking and NFTs, with the native MMTR at the core of the project’s utility.

Wen (WEN) surged to an intraday high of $0.0003674 early Wednesday, rising more than 30%. The meme coin’s upswing came as trading volume spiked 40% and price reached within 10% of its all-time high recorded on March 9, 2024.

Driving the upside appears to be the latest boost from Jupiter, the decentralized exchange (DEX) aggregator for Solana. On March 13, the Jupiter team announced that its Jupiter Work Group (JWG) will collaborate with the WEN Work Group to help with Wen growth.

WEN, which has soared over 2,300% since late January 2024, reached an all-time high of $0.0004106 last week. The expected continued surge for meme coins in the coming months suggests WEN bulls could attempt a new ATH.

An infusion of utility may be the new catalyst for this cat meme project, with targets likely to be $0.1 in 2024.

The Memeinator’s roadmap that includes MMTR launch on top exchanges, debut of the Meme Warfare game, key partnerships within the industry and other millstones all hint at the path to meme coin dominance.

In the meme coin world, projects like Shiba Inu and Floki have seen traction following launches such as Shibarium and TokenFi. The Memeinator’s focus on utility from the start is a defining feature that could help grow its status as a leading meme coin.

With Memeinator showing unparalleled presale pace amid the investor confidence and surge in meme coins, its likely its debut in the market could be an explosive one. As noted, WEN price has spiked more than 2,300% since trading at its all-time lows on January 26, 2024.

In terms of price performance, Memeinator’s native token remains in presale. However, its value has increased throughout the sale period, rising from $0.01 in stage 1 to $0.0276 in stage 19. In the next stage, the MMTR price will increase 5% to $0.0292.

This is the final presale stage before the tokens list on exchanges. Its possible MMTR could skyrocket to $0.5 in 2024. It’s a forecast that could be helped by the ongoing meme and AI narratives.

For more about Memeinator, go to their presale page.

The post Memeinator price forecast as WEN jumps 30% appeared first on Invezz

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