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…
Memecoin
Introducing TEA: The Community-Driven Memecoin Brewing on Solana
Memecoins have dominated the latest bull market, with newly launched tokens experiencing over 1000x growth in the first half of 2024. Notably, tokens like BOOK OF MEME (BOME), dogwifhat (WIF), and Brett (BRETT) have recorded over a 1000% increase since their launch, while the overall memecoin market has reached a market cap of $51 billion. Solana-based memecoins have led this surge, with nearly half a million tokens launched on the blockchain. Most importantly, popular Solana-based tokens are breaking out of a…
11 months ago
Borpa: The Next Generation Memecoin with Omnichain Financial Game Launch
Borpa, an innovative memecoin project, is set to make crypto history with the launch of its omnichain financial game — becoming the first memecoin to offer liquidity mining incentives. The new liquidity mining incentives will be accessible across both Ethereum Virtual Machine (EVM) and non-EVM networks, scheduled to go live at 2pm UTC, on June 27. In the lead up to the launch of this historical utility, Borpa has successfully raise an eye-watering $65 million in it Overflow funding round…
12 months ago
Big memecoin bounce from $PEPE, $WIF, and $TRUMP
After Bitcoin (BTC) plumbed its recent depths to $58,400 on Monday, a bounce on Tuesday has followed. With this bounce the memecoins have been let off the leash. $PEPE, $WIF, and $TRUMP are among those with the biggest upside moves. Although the $BTC bounce may not be sustained, at least for the time being the memecoins are being allowed to make some hay while this Bitcoin sun is shining. $PEPE continues bullish uptrend Pepe ($PEPE) is the biggest memecoin by…
12 months ago
BitDoge Memecoin Launches Presale on Bitcoin Network
Dubai, UAE, June 24th, 2024, Chainwire BitDoge a new meme coin hosted on the Bitcoin network, has launched its presale, introducing a unique concept by integrating play-to-earn (P2E) mechanics with a Bitcoin-based narrative to engage both gamers and crypto enthusiasts. The BitDoge presale is now live and accessible to the public: https://bitdoge.io/BdjPW0DhkD Key Features and Development Plans BitDoge offers several innovative features aimed at creating a robust and engaging ecosystem: Staking System: A user-friendly staking system designed to provide attractive…
12 months ago
AI-Generated Memecoin $TURBO Surges with Bullish Fury
What began as a wild experiment has turned into another memecoin success story. By harnessing the power of AI, the creator of Turbo Token ($TURBO) created a unique crypto experience that has been on a spectacular rally. Amid widespread market downturns and Bitcoin losing its $64,00 support, the AI-generated memecoin Turbo ($TURBO) is on a hot streak, gaining over 24% in the past seven days and garnering significant social attention. $TURBO Leads Memecoin Mania Investors continually seek alternative investment…
12 months ago
Solana And Filecoin Prices Plunge, Can 100x Memecoin Raboo Recover Your Holdings?
The overall bearish sentiment in the crypto market has even the top DeFi coins testing new supports and recording new monthly lows. Solana (SOL) is trading some 42% off its high in April, and Filecoin (FIL) hit a new low last week at a value last recorded in November 2023. It’s tough for the DeFi coins to return to the bullish zone, and traders are a little impatient. Raboo ($RABT) is an eager alternative for just about any trader, short-term…
12 months ago
Pepe Price Plunges 23%: Will Whales Rescue the Memecoin?
Pepe support zone around $0.000010652 could be pivotal for a potential price reversal, with technical indicators like the Stochastic RSI suggesting PEPE is currently oversold and might bounce back. Analysts note that whale activity, with stablecoin supply held by whales surging to 52%, indicates significant accumulation by large investors. Pepe (PEPE), one of the most popular memecoins, has not been immune to the recent downturn in the cryptocurrency market. After testing a critical resistance level at $0.00001240, PEPE’s price plummeted…
12 months ago
New Memecoin Sensation Sees Presale Skyrocket, Drawing In BTC and ETH Investors
A new sensation among memecoins - Angry Pepe Fork - has soared past $120,000 in presale revenue and has drawn many investors, including those heavily invested in Ethereum and Bitcoin. This sharp rise emphasizes the ephemeral appeal of memecoins and a developing trend of seasoned cryptocurrency enthusiasts including these assets in their portfolios. Let us find out more. Angry Pepe Fork: One Of The Top Meme Coins To Invest In Despite only recently joining the presale market, Angry Pepe Fork…
12 months ago
zkSync (ZK) Goes Live; Bonk Sees Red; Why Are Whales Flocking to This New GameFi Memecoin?
zkSync finally goes live but trades on the downside. Bonk reflects wider bearish sentiments, plummeting alongside the overall crypto market. The Rebel Satoshi Arcade presale has become a go-to for whales, offering a safe haven against market turbulence and staggering growth prospects. It has been a week to forget, for the bulls at least. The crypto market tumbled—altcoins the most. But amidst the chaos, the much anticipated Layer-2 token, zkSync (ZK), goes live. As expected, its launch was followed by…
12 months ago