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
The Best Meme Coin Presales of May 2024
As the market begins to recover from its downturn, popular altcoins are slowly regaining their recent losses. With the broader crypto community gearing up for the anticipated bull run, investors are seeking tokens that could surpass current leaders and deliver significant returns. Many industry analysts and influencers are pointing to these five tokens as the ones poised for the most explosive growth in the coming weeks. While most of these tokens are still in the presale phase, investors have the…
1 year ago
Solana Meme Coin Penguiana Raises 800 SOL In The First 7 Days Of Presale, Set To Release P2E Game Demo Next Month
Dubai, UAE, May 10th, 2024, Chainwire Penguiana, the latest penguin-themed Solana meme coin, has successfully raised over 800 SOL during the initial week of its presale. The Penguiana team views the growing interest in this new meme coin, spurred by this remarkable achievement, as a testament to its potential within the Solana ecosystem. What is Penguiana? Inspired by the communal and fun-loving nature of penguins, Penguiana is not just another meme coin. It is setting the stage to be a…
1 year ago
Ultimate List of the Best New Meme Coins: What is the Next Meme Coin to Explode in 2024? ButtChain, Popcat, Brett, and More!
Meme coins frequently ride the waves of viral trends, appealing not only to crypto enthusiasts but to a broader audience because of their humor-infused themes. These projects are quickly becoming staples of crypto portfolios, thanks to their ability to engage communities and sometimes even their capacity to address real world challenges effectively. Moreover, several meme coins have shown impressive market performance, further cementing their status in the dynamic cryptocurrency landscape. This carefully researched article uses the latest information from official…
1 year ago
VanEck’s MarketVector Launches Meme Coin Index to Track DOGE, WIF, SHIB, Others
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 class” by traditional finance…
1 year ago
Dogwifhat Price Crash – Is WIF Dead, New Meme Coin Sealana Raises $300K
dogwifhat (WIF) continues to be one of the most talked-about meme coins on the market. Although WIF has struggled recently, many crypto traders still believe it has enormous long-term potential. But what about the newly launched Sealana (SEAL)? WIF Price Analysis – Current Levels & Price Action Let’s kick things off by looking at the price action around dogwifhat right now. This dog-themed token currently trades at $2.83, representing a 42% pullback from its recent all-time high. However, it’s worth…
1 year ago
DOGE Emerges as ‘BTC of Memes’: Trader Identifies Two Meme Coins as ETH, a ‘Must Have’
The incredible growth within the meme ecosystem catches the attention of an analyst, who labels Dogecoin as the “BTC of memes,” and refers to Pepe and Dogwifhat as the “Ethereum of meme coins.” While he acknowledges the massive gain within this sector compared to Bitcoin, he advises investors to trade with caution due to its significant volatility. The race for dominance intensifies within the meme ecosystem as Shiba Inu (SHIB) doubles down on its effort to close the $7 billion…
1 year ago
BEFE Coin Buzz: The Meme Hype Generating Frenzy in Crypto
BEFE coin was introduced into the market in late 2023 as a memecoin. However, its creators never stopped there. They continued to develop the altcoin’s use cases which led to the formation of strong communities around it. This initiative has also attracted some key partnerships like being supported by Bitgert chain for fastest and cheap transactions as well as possible integration with Solana chain. In addition, being EVM-compatible simplifies the utilization of smart contracts that can be implemented using BEFE.…
1 year ago
BEFE Coin: The Latest Meme Craze Sweeping the Cryptocurrency Market
The post BEFE Coin: The Latest Meme Craze Sweeping the Cryptocurrency Market appeared first on Coinpedia Fintech News The cryptocurrency market thrives on innovation, but sometimes, a little lighthearted fun goes a long way. Enter BEFE, the latest memecoin in the market, with the potential to take down the coins at the top. Every crypto enthusiast must have heard of a memecoin in the market that is making a historic jump and paving a new path for memecoins. Well, BEFE…
1 year ago
Everything You Need to Know About the VanEck Meme Coin Index
The post Everything You Need to Know About the VanEck Meme Coin Index appeared first on Coinpedia Fintech News Just when it looked like the meme coin sector could not have become more utopian, a new institutional-fuelled rush is emerging as VanEck’s releases a “Meme Coin Index.” The index, launched by VanEck’s subsidiary MarketVector, records a 1-year gain of 195%, underscoring the spectacular performance of meme coins recently. VanEck Meme Coin Index Launches, Says They are Intended For Entertainment Purposes…
1 year ago