Get the weekly summary of crypto market analysis, news, and forecasts! This Week’s Summary The crypto market ends the week at a total market capitalization of $2,17 trillion. Bitcoin continues to trade at around $62,300. Ethereum experiences no changes and stagnates at around $2,400. XRP is down by 2%, Solana by 1%, and Dogecoin by 3%. Almost all altcoins are trading in the red, with very few exceptions. The DeFi sector decreased the total value of protocols (TVL) to around…
Coins
Dogecoin Whales Buy $112 Million Worth Of DOGE As Crypto Investors Turn Their Attention To Meme Coins
Dogecoin (DOGE) has come under the spotlight, with crypto investors looking to have turned their attention to the foremost meme coin. This development is expected to positively impact the meme coin, which has lagged for a while now. Dogecoin Whales Accumulate 700 Million DOGE Crypto analyst Ali Martinez revealed in an X (formerly Twitter) post that DOGE whales have bought over 700 million DOGE ($112 million) in the past 72 hours. This forms part of the current trend with crypto…
1 year ago
Donald Trump Convicted: Meme Coins Plummet Amidst Political Turmoil
The post Donald Trump Convicted: Meme Coins Plummet Amidst Political Turmoil appeared first on Coinpedia Fintech News Trump, the controversial figure, is yet again in trouble, and this is big. The former U.S. president was found guilty by a Manhattan jury on 34 felony charges related to the “hush money” case. The major shockwave received by meme coins, known for their volatile nature, saw dramatic shifts on Thursday. Prices of Donald Trump-themed coins plummeted after this, highlighting how trader sentiment…
1 year ago
Boom.Lol Launches A Platform To Easily Create Meme Coins
Belize, Belize, May 31st, 2024, Chainwire BOOM.LOL, a groundbreaking platform for creating "safer meme coins" is launched on multiple chains with its memecoin generator product. The Rise and Risks of Meme Coins Meme coins have become a ubiquitous part of the cryptocurrency landscape, often driven by social media trends and celebrity endorsements. Despite the potential for gains, the market is fraught with risks, notably "rug pulls," where creators withdraw all liquidity, rendering tokens worthless and leaving investors with substantial losses.…
1 year ago
Prepare For Meme Coins Rally – How Not To Miss 300% Gains?
The post Prepare For Meme Coins Rally – How Not To Miss 300% Gains? appeared first on Coinpedia Fintech News The crypto market has entered a phase of rapid growth, with attention shifting to a niche sector. Significant gains could be on the horizon for investors in this space. Discover how to identify opportunities for exceptional returns. Understanding key trends and making informed decisions are crucial. Stay ahead by gaining insights into what drives these unique assets. BlastUP Presale Ends…
1 year ago
WIF Traders Raking Millions As Analyst Backs Meme Coins To Spearhead Crypto Rally
Andrew Kang of Mechanism Capital, a crypto venture fund, thinks meme coins have evolved and shouldn’t be considered lowly. In a post on X, Kang argues that meme coins are no longer a “last resort” investment but an emerging sector constantly attracting millions of investors. Investors Should Change Strategy? If anything, the analyst thinks, top meme coins like BONK, HONK, and others may spearhead the next market surge. For this reason, and considering the potential of meme coins, investors, the…
1 year ago
The 4 Meme Coins Ready to Dominate Binance in 2024
The post The 4 Meme Coins Ready to Dominate Binance in 2024 appeared first on Coinpedia Fintech News The bull market is roaring, predicted to reach its peak in the upcoming month. Looking for the next 1000x listing? Here’s the crypto insider’s view on four meme coins that could be the next big stars listed on Binance in 2024. The traders are on the hunt for the next big thing in the crypto world and when it comes to meme…
1 year ago
Trump Campaign Starts Accepting Crypto Donations, Stack Up These Coins Before The Rally
The Trump Campaign made an announcement that it will begin accepting cryptocurrency donations. This announcement ties President Joe Biden, who’s running for reelection against former President Donald Trump. This pro-crypto campaign is showcasing a major bullish move in a direction that enthusiasts like, as it indicates interest in cryptocurrencies even from the most powerful people in the world. Supporters of former President Donald Trump can donate using any cryptocurrency accepted to through the Coinbase Commerce product, according to the campaign.…
1 year ago
PEPELLIO Does Everything MEME Coins Do But Better
The post PEPELLIO Does Everything MEME Coins Do But Better appeared first on Coinpedia Fintech News Why another memecoin, you may ask. After DOGE, SHIB, PEPE and some others have had enormous runs one things is often not mentioned: Memecoins still benefit the creators and original team mostly if anything and they will leave you before you even realise your profits with them, at least that’s the case for 99% of these projects. Sure we all saw these beautiful stories…
1 year ago
Binance Coin’s Next Move: Key Indicators Suggest Exciting Weeks Ahead for BNB
Binance Coin is in the spotlight as technical indicators point to a high of over $700 soon. The Binance Coin ecosystem is bagging a lot of utility with intense BNB adoption. Binance Coin (BNB) has found itself under the watchful eyes of investors as key indications suggest exciting weeks ahead. Recent analysis shows the price of BNB could climb above $700 by June. Exciting Weeks Ahead for Binance Coin Currently, BNB is ranked as the 4th largest cryptocurrency by market…
1 year ago