- Arbitrum (ARB) and PEPE are under selling pressure, down 9.53% and 25.65%, respectively.
- Memeinator’s MMTR is gaining attention by offering innovative utility and market power.
- The MMTR token attracted the attention of investors at a price of $0.0292 during the final pre-sale phase.
Cryptocurrency markets have seen significant turmoil recently with notable selling pressure affecting tokens such as Arbitrum (ARB) and PEPE.
As the popular token comes under bearish pressure, investor attention is shifting to the Memeinator presale, where investors are looking for opportunities amid market volatility.
Sell arbitrage (ARB) after unlocking tokens
Arbitrum, a prominent player in the cryptocurrency space, experienced a significant sell-off following a significant token unlock event on March 16.
The whale moved $58 million worth of ARB tokens to the exchange, sparking a price slide. As a result, Arbitrum’s native token, ARB, lost 9.53% in value in one day and is currently priced at $1.50.
The whale’s movement is a reaction to token inflows following token unlocking, leading to concerns about increased supply and potential market volatility.
Price of PEPE falls after impressive surge
Another notable cryptocurrency, PEPE, has also experienced a notable price drop, falling 25.65% over the past seven days.
The current price is $0.000006166 and PEPE’s market cap has decreased by 18.99%. However, despite the decline, volume remains relatively high, indicating market activity.
Investors speculate that the price decline could be due to broader trends affecting the cryptocurrency market as well as market sentiment.
Volatility remains a key feature of this meme coin, as PEPE hit an all-time high just five days ago.
Memeinator MMTR Token Pre-sale
Amid selling pressure faced by Arbitrum and PEPE, investors are turning their attention to the Memeinator presale, where MMTR tokens are making waves.
MMTR aims to promote Memeinator to become the most traded and valuable meme coin on the market.
Now in its final pre-sale phase, MMTR has garnered significant interest from investors looking to capitalize on the token’s potential utility and market power. With a pre-sale price of $0.0292, MMTR represents an opportunity for investors to participate early in the Memeinator ecosystem.
Memeinator features an innovative approach that leverages AI technology, powerful marketing strategies, and a mission to rid the market of inferior memes.
As the Memeinator project progresses through the roadmap, including steps such as launching Memescanner and Memeinator games, excitement about the future of MMTR is growing among investors.