Memeinator outlook after Joe Lonsdale's bullish remarks on AI

Artificial intelligence is a technology that will impact productivity, says Joe Lonsdale – the founding partner of 8VC.

Lonsdale outlook on artificial intelligence

Lonsdale doesn’t even expect the said impact to take decades before it’s evident. In fact, he’s convinced that economic figures within a period of five years will show “productivity has gone up”.

The co-founder of Palantir Technologies Inc also sees a big future for AI in the services space – specifically in terms of improving margins. On CNBC’s “Squawk Box”, he recently said:

All in all, Lonsdale took an immensely positive tone on what the future possibly holds for AI. Pretty much like Brad Gerstner – the chief executive of Altimeter Capital who previously said this new technology would be bigger than the internet itself.

Considering just how big and expanding the overall artificial intelligence market is, it’s conceivable that even the newer projects like Memeinator will be able to benefit from a continued focus on AI.

Memeinator puts blockchain and AI together

Memeinator is a recently launched platform that is on the hunt for weaker names within the meme coins space.

The blockchain based project uses AI to look for such coins on the internet. What it wants essentially is to devour them to become the leader of the meme coins space.

But it’s not all that has been attracting demand for Memeinator from the investment community. What makes it more exciting is “MMTR” – its native meme coin that powers everything on this platform.

In a way, owning MMTR, therefore, gives you exposure to the crypto market as well as the artificial intelligence market. Interested in finding out more about Memeinator and its native MMTR token? Visit the platform’s website on this link.

MMTR pre-sale suggests solid demand

Typically, a good investment tends to be one with solid demand – and that’s one criterion that Memeinator which is currently in pre-sale is fully satisfying.

The blockchain and AI enabled platform has been live for a few months only. Yet, the pre-sale of its native meme token has already raised close to a whopping $4 million.

MMTR may be an interesting investment also because it’s currently going for $0.0197 only which means it’s an investment that may deliver lucrative returns moving forward all the while keeping fairly light on your wallet too.

Note that Memeinator, just like its peers, will list on a crypto exchange after the pre-sale which may help boost its price in the coming months. So, the platform has the potential to be even more rewarding for those who take an early position in its native meme coin.

Click here to learn about ways to invest in MMTR in a few easy steps.

Memeinator could climb on BTC-related tailwinds

It is worth mentioning here that MMTR is basically a cryptocurrency. So, the broader tailwinds that are expected to help the crypto market at large may benefit Memeinator as well. These include the recently approved Spot Bitcoin ETFs.

BTC hasn’t done all that well ever since the Securities & Exchange Commission approved the Bitcoin exchange-traded funds but influential investor Cathie Wood remains convinced that the ETFs will eventually be a material boost to Bitcoin and the crypto space at large.

She attributed the recent weakness in BTC only to “sell the news” narrative in an interview with CNBC last week.

If Wood does indeed turn out to be true, the upside in Bitcoin may also reflect in other cryptocurrencies including the MMTR considering it’s a bellwether. You can find out more about Memeinator and its native meme coin by clicking here to visit the project website.