The MemeToro presale launched in June 2026 and, according to its official website, has raised over $120,000 by selling the MT token through a multi-stage token sale. MemeToro claims to be building an open-source AI memecoin launchpad on BNB Chain. Its planned AI agent will monitor news and social trends, select ideas with viral potential, create complete memecoin concepts, and launch the tokens through public smart contracts.