- Shiba Inu has removed over 260 million tokens in the last 24 hours.
- The market capitalization of PEPE Coin is close to $500 million.
- Memeinator’s MMTR token presale is gaining popularity with regular price increases.
There have been significant developments in the world of meme coins, with Shiba Inu (SHIB) seeing a notable surge in burn rate, PEPE market cap reaching $500 million, and Memeinator’s MMTR token gaining momentum during the pre-sale period.
This article examines the latest events surrounding Shiba Inu (SHIB), PEPE Coin, and Memeinator (MMTR) tokens.
SHIB burn rate surges 20,000%
The Shiba Inu (SHIB) community is abuzz with the recent surge in token burn rate. According to data from the Shibburn website, SHIB’s burn rate has surged by a whopping 20,000%, with over 260 million tokens removed in the last 24 hours.
This record burn rate, not seen in the past two months, highlights the commitment to reducing token supply.
However, despite the impressive burn rate, SHIB’s price has yet to reflect any significant upside and is currently down 5% per share.
PEPE’s market capitalization is close to $500 million.
In a separate development, Pepe Coin (PEPE) is back in the spotlight, with a market capitalization approaching $500 million. Following a downward trend, PEPE witnessed a surprising resurgence, doubling its market capitalization in October 2023. At the time of press, Meme Coin had a market capitalization of $458,176,826, according to data from Coinmarketcap.
The coin’s unique features, including deflation mechanisms and redistribution systems, contribute to its attractiveness.
As PEPE continues to gain attention, experts are speculating on the possibility of future price increases, considering the advancement of Shibarium layer-2 blockchain solutions as a key factor.
Memeinator MMTR token presale is going strong.
Meanwhile, the Memeinator project is making a splash with its MMTR token presale. Utilizing cutting-edge technology, AI insights, and a mission to weed out subpar memes, Memeinator aims to be the best meme coin.
During the pre-sale period, the MMTR token price rises regularly every few hours, contributing to the token’s momentum. The project also introduces innovative products such as Memescanner and Memeinator games, adding utility beyond just a meme trading space.
For those interested in participating in the Memeinator MMTR token presale, the process is simple. Connect your wallet and choose a payment method from any of the available networks such as Ethereum or Binance Smart Chain, or pay using your card and buy MMTR.
Those who purchased MMTR tokens during the pre-sale period will be able to claim their tokens after the pre-sale ends using the same wallet they used to make the purchase. More details about the collection will be communicated near the end of pre-sale in Q4 2023.
In addition to boosting the MMTR price, Memeinator regularly runs competitions open to anyone, including major competitions for MMTR token holders. For more information about Memeinator and pre-sale, visit the official website here.