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Tag Archives: Meme Coins

Solana Meme Coin Mania Far From Over as This New Contender Explodes 10x in 3 Days

The hype for Solana meme coins is not cooling down soon after dogwifhat (WIF) hit a milestone on Friday. Meanwhile, another animal-themed token is exploding in price. A new contender in the meme coin sector is catching traders’ attention —”cats in a dogs world” (MEW). Per data from CoinGecko, MEW rallied over 120% on Friday, reaching $513 million in market capitalization in just 48 hours of trading. The weekend saw even more gains, as MEW went as high as $0.008, and its...

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FCA Targets Meme Coin ‘Finfluencers’ with New Guidelines on Promotions

The Financial Conduct Authority (FCA) in the UK has declared its intention to address meme-based marketing for financial products by releasing guidelines for financial services firms and social media influencers. The FCA’s latest report comes after its announcement last month that it will take action against firms engaged in illegal financial promotions. FCA Releases Guidelines for Memecoin Influencers The United Kingdom’s financial regulator has released guidelines for...

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ChatGPT Analyzes if Dogecoin (DOGE) Can Hit $1 in 2024

TL;DR Dogecoin’s jump above $0.20 has sparked speculation about its potential to reach $1 in 2024, with multiple factors being crucial for its future value movement. Shiba Inu (SHIB) has seen a 200% increase in price over a month, raising questions about its ability to surpass Dogecoin. What Are the Odds? The largest meme coin – Dogecoin (DOGE) – has been on a roll lately, with its price jumping by 30% in the past week and exceeding $0.20. We asked ChatGPT whether the...

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Ethereum Founder Thinks Meme Coins Can Be More Than Fun, Simple Tokens

Vitalik Buterin, the co-founder of the Ethereum network, believes meme coins can become higher quality projects that contribute positively to the crypto ecosystem and the world around them, squashing the narrative that such tokens are useless, racist, and sexist. According to a new report titled “What Else Could Meme Coins Be?,” Buterin looks forward to seeing meme coin projects that support public goods instead of enriching insiders and creators. He urged creators to make...

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Crypto Sensation WIF Flips PEPE to Become the Third-Biggest Meme Coin: Details

TL;DR WIF hits a new ATH, while other meme coins such as DOGE and SHIB are also well in the green. Despite the impressive gains, investors are cautioned to be careful when dealing with assets of that type due to their infamous volatility. The trending Solana-based meme coin – dogwifhat (WIF) – seems to have no limitations, charting a new all-time high price of $4 (per CoinGecko’s data). Its market capitalization touched a whooping level of $4 billion. WIF Price, Source:...

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Important Binance Announcement Concerning FLOKI and BONK Traders

TL;DR Binance will add new trading pairs and introduce bot services to improve user experience, focusing on certain meme coins. The service expansion excludes users from the USA, Canada, Japan, and several other regions. The world’s biggest cryptocurrency exchange will expand the list of services offered on Binance Spot “to enhance users’ trading experience.” It will add the following pairs BONK/USDC, FLOKI/USDC, FTM/USDC, MKR/TRY, RAY/TRY, and RNDR/BRL trading pairs on...

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Coinbase’s Base Hits Record $2B in TVL as Demand Surges After Dencun Upgrade Activation

Base, Coinbase’s layer-2 blockchain initiative for reducing Ethereum transaction fees, seems to be witnessing massive demands of increased network activity. As a result, its TVL also rose sharply, hitting a new milestone, surpassing $2 billion this week. One of the major reasons for the surge in activity of Base was the activation of the Dencun upgrade. Base’s TVL Growth According to data from L2Beat, Base’s current TVL stands at $2.27 billion, increasing by over 230% YTD....

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What’s The Best Performing Meme Coin on Social Media? Hint: It’s Not SHIB or DOGE

TL;DR The meme coin sector has witnessed a significant boom, with certain assets being highly popular on social media platforms. While early traders in the ecosystem have seen considerable profits, particularly with tokens like SHIB and WIF, investors are cautioned about the potential for severe losses due to the niche’s notorious volatility. The meme coin sector has been booming in the past several weeks, with numerous assets experiencing triple-digit price increases and...

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Whale Activity Backs Dogecoin’s (DOGE) Surge Above $0.16: Data

Dogecoin has emerged as one of the top-performing assets amidst market recovery from significant volatility last weekend. Trading at $0.164, the eighth-largest crypto by market capitalization, has extended its monthly gains to nearly 96%. Coinciding with this surge, the number of transactions by DOGE whales has hit a new milestone. Dogecoin Whales Make a Splash Amidst renewed market activity, Dogecoin’s whale activity appears to be soaring, with transactions exceeding $1...

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Avalanche Foundation Launches Phase 1 of Meme Coin Rush

Avalanche Foundation, the non-profit organization behind the Avalanche ecosystem, has launched the first phase of a $1 million liquidity mining incentive program dubbed Meme Coin Rush. According to an announcement seen by CryptoPotato, the first phase has been kicked off with participation from liquidity management and decentralized market-making platform SteakHut and decentralized exchange Trader Joe. Avalanche Begins Memecoin Rush Meme Coin Rush was created to help scale...

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