On-chain analytics platform Nansen has released a report examining the aftermath of the controversial LIBRA token. Its findings indicate that 86% of traders who bought the cryptocurrency collectively lost about $251 million, while a select group of winners walked away with at least $180 million in profits. A Rapid Rise and Fall LIBRA debuted on Valentine’s Day, gaining instant traction after Argentine President Javier Milei appeared to endorse it in a post on X that has since...
Read More »Barstool Founder Launches and Dumps GREED Meme Coin in Just 1 Hour
Barstool Sports founder Dave Portnoy launched a meme coin called $GREED today from his official wallet. However, he sold his entire position an hour later, causing the token’s value to crash by more than 90%. A Social Experiment In a February 19 post on X, the founder criticized the meme coin space, stating: “The entire ecosystem is Greed and nothing else. Go dump on each other peasants but don’t complain to me if you lose money. You are all greedy. At least admit it.” He...
Read More »CZ to Donate BNB And Other Tokens to TST And Broccoli Victims
Changpeng Zhao, founder and former CEO of the world’s largest crypto exchange, Binance, has decided to donate tokens he received from anonymous market participants to victims of the Test (TST) and Broccoli meme coin projects. The prominent crypto figure clarified that while he has decided to help victims of TST and Broccoli, his actions should not be interpreted as an endorsement for any of the tokens. What Led to CZ’s Donations? On February 15, a pseudonymous Chinese...
Read More »Früh in Meme Coins einsteigen?
Meme Coins sind die wilden Pferde des Kryptomarktes. Sie entstehen oft aus einem Internettrend, einem Insiderwitz oder der Begeisterung einer Community – und können in kürzester Zeit gigantische Renditen liefern. Doch wie erkennt man solche Gelegenheiten frühzeitig, bevor ein Coin durch Social-Media-Hypes explodiert? Es kann auch ein Vorteil sein, auf Bitcoin-Börsen wie bsp. KuCoin einen verifizierten Account zu haben. Die richtigen Quellen nutzen Wer früh in einen Meme Coin einsteigen will,...
Read More »Out of 29 Tokens Launched on Binance Alpha, 17 Surge While 12 Decline
Days after Binance introduced its pre-listing token selection pool, Binance Alpha, it launched 29 tokens with mixed performances. Data shared by crypto analysts Sankin shows that out of the listed cryptocurrencies, 17 have seen their values increase while 12 experienced declines. Small-Cap Tokens Lead the Pack In a December 23 post on X, Sankin noted a trend where smaller market-cap assets generally performed better than their larger counterparts. Those with fully diluted...
Read More »Meme Coins Overtake BTC, BNB in Popularity Among Crypto Holders: Binance
Cryptocurrency enthusiasts are turning to meme coins over traditional assets like Bitcoin (BTC) and Binance Coin (BNB), according to the latest study conducted by Binance. The findings, released on December 18 as part of the Binance Global User Survey, sampled over 27,000 customers across Asia, Australia, Europe, Africa, and Latin America. Meme Coins Outpace Bitcoin and Ethereum Binance revealed that 16% of respondents reported holding meme coins, making them the most-owned...
Read More »This Trader Made Over $6 Million by Selling Shiba Inu (SHIB) Holdings: Details
TL;DR A whale turned a $3,800 investment in SHIB into over $6 million, with remaining holdings valued at $52 million. Another trader previously saw a 628x ROI from a $2,500 SHIB purchase, potentially gaining $1.58 million. The Multi-Million Trade The meme coin sector is full of tokens that have experienced colossal price increases in the past few years, thus giving savvy traders the chance to make substantial profits. Among the notable examples is Shiba Inu (SHIB), which...
Read More »This Meme Coin Jumps by 50% Following Further Support From Binance
TL;DR Binance expanded support for Simon’s Cat (CAT) by including it in multiple trading programs. The token reacted to the news with a rapid price increase. The Binance-Fueled Pump The world’s biggest cryptocurrency exchange recently added further support for the meme coin launched on the BNB chain – Simon’s Cat (CAT). First, it included it in its HODLer Airdrops Portal. The program rewards BNB holders with token distributions based on historical snapshots of their...
Read More »Important Binance Trading Update Concerning Peanut the Squirrel (PNUT) and Other Meme Coins: Details
TL;DR The exchange will increase collateral ratios for six altcoins, including PNUT, starting December 17. The squirrel-themed meme coin surged in value after its initial Binance listing and sparked widespread interest due to its backing from prominent people like Elon Musk. The Involved Assets The world’s leading cryptocurrency exchange will update the collateral ratio for numerous altcoins under Portfolio Margin from December 17. The effort will be completed within...
Read More »Warum Meme Coins Solana bevorzugen: Das Ende von Ethereums Dominanz?
Solana ist ein öffentliches Blockchainprojekt. Es ist quelloffen und dezentralisiert, wobei der Konsens durch Proof of Stake und Proof of History erreicht wird. Ihre interne Kryptowährung trägt das Kürzel SOL. Die Plattform wird auch mit Projekten wie Ethereum verglichen Die Welt der Kryptowährungen wird zunehmend von Meme Coins beherrscht, einer kuriosen Mischung aus Humor und Spekulation. Doch warum entscheiden sich immer mehr Entwickler dafür,...
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