MEME

TL;DR Shiba Inu raised $12 million from global investors, aiming to make Shibarium a central hub for meme-themed projects. The price of SHIB has risen 17% over the past week, with analysts predicting further increases in the near term. Shiba Inu’s Multi-Million Initiative According to a document shared with CryptoPotato, the team behind the popular meme coin – Shiba Inu – raised $12 million from various non-US strategic partners, including Animoca Brands, Polygon Ventures, Mechanism Capital, Cypher Capital, Hercules Ventures, and…

Dogeverse (DOGEVERSE) emerged as the hottest meme coin presale in April and so far, in the entirety of 2024.  The project is raising money at an unprecedented speed. Its presale started on April 8, and as of April, Dogeverse has already managed to raise over $9 million on its website thedogeverse.com. With its hard cap set at $17 million, that means the potentially next big meme coin is now over 50% sold out. Its soft cap of $8.83 million was reached…

Meme coins are having a bullish moment at the start of the week. Pepe (PEPE) and Dogeverse (DOGEVERSE) are leading the pack of top gainers on Monday as the popular frog token and multi-chain dog coin benefit from a wave of speculative demand. Pepe Coin Leads Meme Coin Charge Kicking things off is PEPE, which has seen a remarkable 9% price surge in the past 24 hours. But this sharp upswing is just the latest in a remarkable rally for…

The post How Will Bitcoin (BTC)’s Halving Impact Meme Coins Shiba Inu (SHIB) and Furrever Token (FURR)? appeared first on Coinpedia Fintech News The long-awaited Bitcoin halving, occurring on April 20th, has sparked anticipation across the crypto sphere, with investors eagerly awaiting its impact on the market landscape. As attention focuses on the flagship cryptocurrency, questions arise about how this significant event will influence the trajectories of meme coins like Shiba Inu (SHIB) and Furrever Token (FURR). Amidst the buzz…

TL;DR The Bitcoin halving has slashed the miners’ block rewards in half, reducing the daily issuance of BTC and likely resulting in a price rally. While it is speculative to predict which meme coin will perform best post-halving, Dogecoin and Shiba Inu have historically done well, with potential boosts from technological advances, celebrity endorsements, and community support. The BTC Halving’s Impact One of the most important events in the cryptocurrency industry – the Bitcoin halving – occurred the other day. It reduced the…

Meme coins have been at the forefront of the 2024 bull run, with many surging by double-triple-quadruple digits in the past few months. However, that trend changed in mid-March when the crypto market’s run was halted, and many retraced hard. Another change seems to be on the horizon, this time in a more positive manner, as the four best-performing assets from the top 100 alts today are coming from the meme coin realm. CryptoPotato reported earlier that Bitcoin had tapped…

Dogecoin strongly holds its position amid the gravious broad market bearish trend, maintaining a 4% gain in the last 30 days while its popular rivals, Shiba Inu and PEPE declined by 25% and 33% respectively.  In the midst of all these, market indicators show a bearish market sentiment for Dogecoin with the MACD falling below its signal line.   Dogecoin (DOGE) asserts its dominance within the meme ecosystem, showcasing resilience in the phase of this extended broad market “bloodbath” that dragged…

TL;DR Cat in a Dogs World (MEW), a meme coin on the Solana blockchain, has notably increased by 60% in a week, supported by new trading options on the OKX exchange and significant investments from large-scale investors. The potential for MEW to become the top Solana-based meme coin is uncertain, influenced by market trends and innovations. Despite its growth, the token’s success remains speculative with a current market cap significantly lower than the leading asset of that type, WIF. MEW’s…

The post Will Bitcoin Halving Spell Doom or Opportunity for Meme Coins like Shiba Inu (SHIB) and Furrever Token (FURR)? appeared first on Coinpedia Fintech News As Bitcoin’s halving approaches, the cryptocurrency market is bracing for potential shifts in sentiment and valuation. This event historically impacts various segments of the crypto space, including meme coins like Shiba Inu (SHIB) and Furrever Token (FURR). While some anticipate increased volatility and uncertainty, others see it as an opportunity for these meme tokens…