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…
Meme Coin
Meme Coins: Top 5 Meme-based Projects to Keep an Eye on 2022
Meme coins will continue to gain more attraction in the crypto landscape. Although it hasn’t been long since meme coins came into the spotlight, many investors still think it is an exciting and profitable investment. On the flip side, investors often struggle to choose the best meme coin. So before you dive into the breakdown of the top 5 meme projects, take a look at the fundamentals of meme coin. So, What Makes Up a Meme Coin? A meme coin…
4 years ago
Tesla’s CEO Brands BTC & ETH Slow, Declares DOGE as Superior
Tesla billionaire Elon Musk today criticized the scaling efforts of the two most popular cryptocurrencies, Bitcoin and Ethereum. Citing BTC and ETH's Limits He warned over their limitations, branding them as slow with high costs while claiming that the plans to upgrade dogecoin are superior. Musk said that the meme coin's upgrade plans to maximize the base layer transaction rates and minimize transaction costs have merit. However, the billionaire added that Crypto exchanges would act as a "de facto secondary…
4 years ago
Dogecoin (Doge) Price Dumps By 50% After Bullish Rally
After experiencing an unprecedented bullish rally in the past 24 hours, Meme coin Dogecoin has experienced a steep dip. The altcoin is currently down by about 50% in the past 24 hours of trading. 50% Price Dump Follows Bullish Rally Dogecoin (DOGE) bullish rally had caught many off guards and was largely the result of the anti-establishment sentiments. Several members of Wall Street Bets had led calls to purchase the meme coin. This was followed by an endorsement by popular…
4 years ago