TL;DR Shiba Inu has been struggling to catch up with the booming crypto market lately, recording a slight price decrease in the past seven days. Despite this, some analysts predict a bull run, with potential targets up to $0.00014 toward the end of the year. The Odds of a New Substantial Rally Contrary to the overall market resurgence in the past few days, the popular meme coin Shiba Inu (SHIB) has underperformed. Its price is down 8% weekly, while the market capitalization...
Read More »Meme Coin Attack Results in a $2M Loss, Exploiter Still Holds $1M Worth of Pepe’s Best Friend
The popular on-chain sleuth highlighted in his Telegram channel the latest fraudulent activity that involved an early investor in the Solana-based meme coin – ANDY. It’s also worth noting that Pepe’s best friend’s price has plummeted by more than 20% in the past day alone. ZachXBT Investigation of ANDY DrainerAs the graph above demonstrates, the exploiter drained approximately $2 million worth of meme coins on Friday in several transactions. They began swapping half of the...
Read More »Andrew Tate Meme Coins Take Over Solana
It’s meme coin season, alright! There are no two ways around it: meme coins are undoubtedly the main narrative on Solana, and it seems it’s just a matter of time before another celebrity jumps on board. After Iggy Azalea, it’s now Andrew Tate who has put the Solana community on its toes. Tate-inspired meme coins are now the top trending cryptocurrencies on DEXScreener, amassing hundreds of millions of dollars worth of capital in less than a couple of hours. It’s challenging...
Read More »GameStop Should Buy Bitcoin Says Scaramucci, RoaringKitty Streams For the First Time in years
GameStop and its stock price have been the talking point of many crypto-centric and traditional finance communities throughout the past few days – not without reason. GME’s price went on a massive rollercoaster this week, soaring by 130% and plummeting by 55% shortly after. Many financial experts have chipped in with opinions, one of whom is the prominent BTC permabull – Anthony Scaramucci. GameStop Should Buy Bitcoin: Scaramucci GameStop was all the rage this week as...
Read More »Vitalik Buterin Unhappy About This Cycle’s Meme Coins: Here’s Why
Vitalik Buterin, the co-founder of the Ethereum network, has expressed his unhappiness about the celebrity meme coin experiments in this bull cycle. According to a tweet by the Canadian-Russian computer programmer, he would deem the meme coin projects more honorable and respectable if they had a public goal and were geared toward pushing specific causes in a better direction. Celebrity Meme Coin Craze Over the past few weeks, several celebrities, including Olympian and media...
Read More »This Whale Bets Big on Shiba Inu as SHIB Price Spiked by 6% Daily
With meme coins creating buzz all year, whales have doubled down on accumulating these tokens. One such whale has been massively accumulating Shiba Inu (SHIB) tokens, spending 4,849 ETH, worth around $18.44 million, to purchase a whopping 715.9 billion SHIB over the span of just six hours. This is an extraordinary buying spree, even for this particular investor, who has been incredibly successful with SHIB in the past. SHIB Accumulation Spree According to Lookonchain’s...
Read More »Frühzeitig in Meme Coins investieren: So geht’s
In der Welt der Kryptowährungen gibt es einen stetig wachsenden Trend: Meme Coins. Diese humorvollen, oft von Internet-Memes inspirierten digitalen Währungen haben in den letzten Jahren viel Aufmerksamkeit auf sich gezogen. Beispiele wie Dogecoin und Shiba Inu haben gezeigt, dass Meme Coins enorme Gewinne bringen können. Wenn Sie daran interessiert sind, einer der ersten Investoren in den nächsten grossen Meme Coin zu sein, sollten Sie einige wichtige Schritte beachten. 1. Forschung und...
Read More »This Frog-Themed Meme Coin Eyes a New ATH After a 30% Daily Surge: Details
TL;DR One frog-themed meme coin that has been rising in popularity experienced a 30% spike on 24-hour scale, nearing a new all-time high price. However, PEPE remains the biggest asset of that type, with a market cap of over $6 billion. The Rise of PEPE’s Competitor The meme coin sector continues spewing new tokens, with some of them turning into real sensations in a short period of time. One example is the frog-themed Brett (BRETT) which saw the light of day three months ago...
Read More »Is Dogecoin Ready to Reach the $1 Milestone? Analysts With Interesting DOGE Price Predictions
TL;DR Despite Dogecoin’s recent decline to around $0.15, numerous analysts foresee a significant price increase, with one predicting a 7x rise to over $1. Ali Martinez notes a key resistance at $0.166-$0.171, suggesting a potential rise to $0.32 if overcome. DOGE Bull Run in the Making? The largest meme coin in terms of market capitalization – Dogecoin (DOGE) – experienced a significant resurgence in March this year, with its price spiking to $0.22. Since then, though, it...
Read More »These Meme Coins Skyrocket Triple Digit as ‘Roaring Kitty’ Returned to Reddit
Keith Gill, known online as “Roaring Kitty,” posted on Reddit that he is holding $181.4 million worth of GameStop (GME) stock and call options. Following his Reddit post, GME, ROAR, and KITTY meme coins gained 315%, 660%, and 477%, respectively. GameStop Meme Coin Rally Gill’s post, titled “GME YOLO update – June 2, 2024,” marks his first Reddit activity in three years. Under his account “u/DeepFuckingValue,” Gill disclosed $65.7 million in GameStop call options and $115.7...
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