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The cryptocurrency market displays an upside stance as Bitcoin (BTC) jumped around 4% on its 24-hour price chart to trade above $46.2K. Meanwhile, altcoins Memeinator (MMTR) and Luna Classic (LUNC) seem ready to dominate the next market-wide rally.
A renowned crypto personality, @MrDiamondhandz1, issued a bullish forecast for Luna Classic. His technical analysis, community support, and LUNC’s market status show the alt is ready to boom.
$LUNC is like a pressure cooker ready to explode. The #LunaClassic community is STRONG and we have the support of #Binance on our side. Time to send it lads! #LUNC to the moon! 🚀🌕💎🤲🏻 #Crypto #LUNCcommunity pic.twitter.com/WIFAYHJtYt
— Mr. Diamondhandz1💎 (@MrDiamondhandz1) February 7, 2024
“The Luna Classic community is strong, and we have the support of Binance on our side.”
Further, vital indicators support surges for LUNC. While the Relative Strength Index sways in the neutral region, its recent uptrends confirm intensifying buying strength, signaling possible bull surges.
Also, the MACD line hovers slightly beyond the Signal line, highlighting some upward impetus.
The indicators reinforce the probability of bullish rides for Terra Classic. further, massive token burns, continued support from the community, and Binance could incentivize bulls to push towards the target at $0.001.
Memeinator presale explodes past $4.4M
The revolutionary Memeinator succeeds in its mission to dominate the crypto world, raining more than $4.446 million as presales swiftly sell out.
The meme project aims to capitalize on ongoing dog cryptos and AI trends while aiming for its $1B market cap goal. AI-based games, massive marketing push, and lucrative rewards make MMTR a unique project in the memecoins market – where most assets rely on hype to remain afloat.
What’s propelling Memeinator’s growth
Memeinator attracted the attention of crypto players due to its impressive tokenomics and objectives. While the meme asset sector records stable uptrends, these assets lack solid use cases, depending on hype and trends to grow.
Meanwhile, Memeinator prioritizes utility, utilizing real-world data to find and destroy its weak competitors.
Besides the massive billboard campaign, new developments about the Meme Warfare game catalyzed the recent Memeinator upside. With the GameFi market targeting a 25.4% compound annual growth rate to $95 billion in market cap by 2030, MMTR remains well-positioned to grab a significant share of this industry.
Memeinator’s positive stance reflects broad market sentiment. Bitcoin eyes $55K after a bullish pennant breakout ahead of its upcoming halving.
A BTC rally will catalyze notable upticks in the altcoin market, and MMTR looks to have what it takes to explode after its official launch.
You can visit Memeinator’s website for more information about the ongoing presale.
The post What’s driving Memeinator (MMTR) and Luna Classic’s (LUNC) growth? appeared first on Invezz
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