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MemeToro says Stage 4 presale reaches $80,178.47, or 73.28% of target

MemeToro says Stage 4 presale reaches $80,178.47, or 73.28% of target

The BNB Chain-based project said the $MT token is being structured as a shared utility asset across analytics, AI-powered applications, prediction markets, staking and future governance tools.

BNB

Fact Check
The MemeToro GlobeNewswire press release confirms the exact figures in the claim: Stage 4 presale reached $80,178.47, or 73.28% of the $109,411.90 target, on BNB Chain, with $MT as a shared utility token across analytics, AI apps, prediction markets, staking, and governance. The cryptonews.net source independently republishes matching figures. The claim accurately describes the announcement. These are self-reported presale figures (promotional content) rather than independently audited amounts, so the assessment confirms the statement was made as reported, not the project's underlying legitimacy or investment value.
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Summary

MemeToro said Stage 4 of its public presale has raised $80,178.47, reaching 73.28% of its current fundraising target of $109,411.90. The project said its $MT token is priced at $0.00232 during this phase, with a planned launch price of $0.01875 after the presale, subject to its roadmap. The company also released new details on how the $MT token is intended to function across its AI-powered blockchain ecosystem on the BNB Chain. Rather than serving a single use case, MemeToro said the token is being designed as a common utility asset for access to AI-powered applications, market analytics, decentralized prediction markets, staking, premium platform features and future governance initiatives. It said the framework is meant to connect products so activity in one part of the platform can support engagement across others. MemeToro said users are expected to be able to discover new memecoins through analytics tools, follow live rankings, participate in prediction markets and use AI-powered blockchain applications without leaving the ecosystem. The company said it expects to add further token utilities as development continues. It also outlined a fixed total supply of 1.2 billion tokens, with allocations spanning the public presale, ecosystem development, staking rewards, liquidity, treasury, marketing, strategic partnerships and operational growth. It added that public presale allocations are expected to be available at launch, while selected marketing and partnership allocations will follow a 24-month vesting schedule. The company said presale proceeds will support software development, security, infrastructure and rollout of products in its roadmap. MemeToro has described the wider project as an integrated Web3 platform intended to simplify blockchain participation while expanding the use of artificial intelligence across decentralized technologies.

Terms & Concepts
  • decentralized prediction markets: Blockchain-based markets where users trade on the outcomes of future events without relying on a central operator.
  • staking: Locking tokens within a network or platform to receive rewards or enable participation features.
  • vesting schedule: A timetable that controls when allocated tokens are released and become available for use or sale.