Tag Archives: Meme Coins

TL;DR Shiba Inu (SHIB) saw a price surge earlier this year but has since lost some of its momentum. ChatGPT sees low chances of reaching the top 5 cryptocurrencies despite further growth from Shibarium and a strong community. Dogecoin (DOGE), backed by Elon Musk and Tesla, has better prospects for entering the elite club, driven by potential celebrity endorsements and market optimism. Is That a Mission Impossible? The popular meme coin experienced an impressive revival...

While meme coins are all the rage now, the OG Dogecoin has been relatively quiet. DOGE’s price action has been underwhelming at $0.158, as it was almost 4% down over the past week. Despite this, whales have bought more than 700 million DOGE in the past 72 hours alone. This stash is worth around $112 million at the current price of $0.16. DOGE Whales Accumulate Dogecoin’s recent performance has been mixed. It gained over 17% monthly but declined over the past week and fell...

The surge in celebrity-backed tokens, fueled by the frenzy for meme coins, has polarized the community. One such meme coin that has captured the market attention is that of American TV personality Caitlyn Jenner’s JENNER token. Jenner launched 12 meme coins on the Solana blockchain within a mere four days, reaping profits of 2,381 SOL, which is equivalent to $405,000. $405K Earnings in Just 4 Days Lookonchain’s latest findings reveal that Jenner’s approach included launching...

This year saw an explosion of meme coin launches, many of which have questionable ties. In fact, Lookonchain’s data effectively highlights the perils of trading meme coins, especially those endorsed by celebrities, with the latest spotlight on American celebrity Caitlyn Jenner’s JENNER, which was launched on the Solana blockchain. JENNER Memecoin Pitfall Despite several market participants questioning the legitimacy of the token, some traders still went on to buy and trade...

The significant rally of the frog-themed meme coin Pepe (PEPE) has put the majority of its holders in profit. According to a tweet by IntoTheBlock, more than 96% of crypto users holding PEPE are currently at the money. Thanks to an impressive 90% return this month, over 96% of $PEPE holders are now in profit. This positions $PEPE as the most profitable among major memecoins! pic.twitter.com/4BJkjDtha2 — IntoTheBlock (@intotheblock) May 30, 2024 Majority of PEPE Holders in...

TL;DR Shiba Inu (SHIB) experienced a significant price spike earlier this week, briefly surpassing Cardano (ADA) in market cap and becoming a top trend in the crypto community. However, its price soon dropped amid an overall market correction. SHIB’s Latest Achievement The price of Shiba Inu (SHIB) spiked by double digits on May 29, turning into one of the best performers in the sector. Its market cap temporarily crossed the $17 billion mark, and the asset briefly flipped...

TL;DR The price of one frog-themed cryptocurrency rose 130% in the past month, hitting an all-time high of $0.09 and a market capitalization of $900 million. Analysts predict further gains and a potential market cap surge towards the $1.5 billion mark. The Next Crypto Sensation? The ever-evolving meme coin sector spews new tokens quite frequently, with some capturing the attention of industry participants and turning into major trends in a short period of time. One...

Kabosu, the Shiba Inu who became a global internet sensation as the face of the “Doge” meme, passed away on May 24 at the age of 18, her owner, Japanese kindergarten teacher Atsuko Sato, confirmed on Instagram. The beloved dog, known for her iconic expression and the humorous captions that accompanied her photos, captured the hearts of millions worldwide and became a symbol of the whimsical and endearing nature of internet culture. “Kabosu is at rest now,” Sato wrote in a...

TL;DR Dog-themed meme coins like Dogecoin (DOGE) and Shiba Inu (SHIB) dominate due to strong communities and endorsements, while cat-themed ones like Popcat (POPCAT) are gaining interest but remain less popular. Pepe (PEPE) has recently surged and could also become a top meme coin this year with continued community support and strategic developments, though investors should be cautious due to market volatility. What Are the Expectations? The meme coin realm has made great...

TL;DR Shiba Inu’s burn rate increased by 579% in the past 24 hours, with nearly 10 million tokens destroyed. Other crypto projects also use burning mechanisms to manage their token supply, with recent burns concurring with significant price increases. The Latest Spike Shiba Inu’s burn rate has increased by 579% in the past 24 hours, resulting in almost 10 million assets being destroyed. The burned tokens on a weekly scale equal 57.6 million. The burning mechanism is...