Tag Archives: Meme Coins

TL;DR Dogecoin and Shiba Inu are top meme coin contenders for 2024, with DOGE benefiting from endorsements and a strong community, while SHIB has shown significant yearly gains. ChatGPT also outlined the chances of Pepe (PEPE), dogwifhat (WIF), and Bonk Inu (BONK) due to their recent price rallies and solid support base. DOGE and SHIB Are Among the Contenders The meme coin sector has captured the attention of industry participants in the past several months, with numerous...

TL;DR PEPE hit a new all-time high on May 15 with a market cap nearing $5 billion, making it the third-largest meme coin. It could become the leading asset in its realm if it maintains its price momentum, gains community support, and receives influential endorsements (according to ChatGPT). What Are PEPE’s Chances? The frog-themed meme coin – Pepe (PEPE) – has gained even more popularity in the past few days thanks to its rapid price increase. As CryptoPotato reported, it...

Solana-based meme coin launchpad Pump.fun announced that a former employee used their “privileged position” to access “withdraw authority” and misappropriated around 12,300 SOL, worth approximately $1.9 million at the time. To prevent further damage, Pump.fun halted trading and updated the contracts. Flash Loan Exploit Addressing the exploit, Pump.fun said in an X post that a former employee misused their access to the withdrawal authority, which they had obtained through...

TL;DR Shiba Inu (SHIB) has recently risen by 6%, with predictions of further significant increases if it breaks key resistance levels. Analysts are optimistic, with forecasts ranging from moderate gains to potential surges as high as 350% in the near future. SHIB’s Next Possible Move The price of the popular meme coin – Shiba Inu (SHIB) – has recently flashed green, rising by 6% over the past week. The sudden move to the north did not come as a surprise to some analysts who...

TL;DR Floki Inu (FLOKI) has experienced a significant price increase recently, coinciding with the general upswing in the meme coin market. A proposal from the Floki DAO to burn over 15 billion tokens aims to increase scarcity and potentially boost the value of the asset. What’s Fueling FLOKI’s Ascent? The popular meme coin – Floki Inu (FLOKI) – recently experienced a substantial price increase, spiking by 17% on a 24-hour scale and 32% weekly. Currently, it trades at around...

An anonymous trader has made headlines by making a profit of $46 Million with PEPE within one year, equivalent to a 15,718x gain. This comes as the Solana-based meme coin recently achieved a milestone that saw it hit a new all-time high on May 15. The Trader’s Strategy According to Lookonchain data, the trader acquired 4.9 trillion PEPE tokens, currently valued at $56 million, on April 15, 2023, spending less than $3,000. Earned more than $46M on $PEPE with only $3K, a gain...

MarketVector, a subsidiary of the renowned American asset management giant VanEck, has launched the MEMECOIN Index. It has shown impressive performance, surging 195% in the past year and 137% since the start of 2024. This index aims to track the performance of six popular meme coins, such as DOGE, SHIB, and others. VanEck’s MEMECOIN Index The acceptance of meme coins within the cryptocurrency community is gaining traction, notably with the introduction of the “meme coin asset...

While meme coins have seen a massive resurgence this year, this has raised concerns for certain industry players. Chris Dixon – a general partner at Andreessen Horowitz (a16z) – has expressed concern over the US regulatory system, questioning why meme coins were allowed to thrive while cryptocurrency companies and blockchain tokens with useful applications “get stuck in regulatory purgatory” due to potential classification as securities. Trapped in “Regulatory Purgatory”...

TL;DR Dogecoin (DOGE) faces a 15% weekly price decline but shows potential for recovery with a rise in non-empty wallets, hinting at increased demand. Shiba Inu (SHIB) and Bonk Inu (BONK) also exhibit signs of resurgence; SHIB, through network upgrades and token burns, and BONK with a significant price increase, positioning it among the top 5 meme coins. Dogecoin (DOGE) The meme coin sector has suffered heavy losses recently, with its market capitalization dipping well below...

TL;DR The meme coin sector has experienced significant growth, with Dogecoin (DOGE) and Shiba Inu (SHIB) leading, while newer tokens like dogwifhat (WIF) and Pepe (PEPE) gain traction through strong community support. Analysts remain optimistic about the realm’s potential, particularly post-Bitcoin halving, which has historically triggered market surges. Which Meme Coin May Join the Prestigious Club? The meme coin sector has been making great strides during the latest bull...